Prudential Bancorp, Inc. (NASDAQ:PBIP) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

ME Staff 8-k
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Prudential Bancorp, Inc. (NASDAQ:PBIP) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(a) Not applicable.
(b) On March 1, 2017, Jerome R. Balka retired from the Boards of Directors of both Prudential Bancorp, Inc. (the “Company”) and Prudential Bank (the “Bank”), the Company’s wholly owned subsidiary, effective as of such date. Mr. Balka had served on the Board of the Bank since 2000 and of the Company since its inception in 2013.
(c) Not applicable.
(d) Not applicable.
(e) Not applicable.
Item 9.01 Financial Statements and Exhibits
(a) Not applicable.
(b) Not applicable.
(c) Not applicable.
(d) Not applicable.


About Prudential Bancorp, Inc. (NASDAQ:PBIP)

Prudential Bancorp, Inc. is a holding company for Prudential Savings Bank (the Bank). The Bank is a Pennsylvania-chartered, Federal Deposit Insurance Corporation (FDIC)-insured savings bank. As of September 30, 2015, the Bank had seven full service branches in the Philadelphia area. The Bank is engaged in the business of attracting deposits from its community through its branch offices and investing those deposits, together with funds from borrowings and operations, in single-family residential loans. Its lending activities consist of various loan types, including single-family residential mortgage loans, construction and land development loans, non-residential or commercial real estate mortgage loans, home equity loans and lines of credit, commercial business loans and consumer loans. Its investment securities are classified as securities available for sale and securities held to maturity. Its principal sources of funds are deposits. It provides online and mobile banking services.

Prudential Bancorp, Inc. (NASDAQ:PBIP) Recent Trading Information

Prudential Bancorp, Inc. (NASDAQ:PBIP) closed its last trading session up +0.03 at 17.46 with 25,306 shares trading hands.