Third Federal Receives Award And Recognition For Quality, Strength And Stability
PMI Mortgage Insurance Co. Gives TFS First-Annual Award for Loan Performance
BauerFinancial 5-Star (Superior) Rating Again Achieved for Quarter Ended March 31
CLEVELAND, July 1, 2010 (GLOBE NEWSWIRE) -- Third Federal Savings & Loan (Nasdaq:TFSL) has been honored by two national groups for its lending portfolio and its strength.PMI Mortgage Insurance Co. (PMI) presented Third Federal with its first annual award for top quality lenders. The award is based on the quality of the mortgage portfolio with PMI insured between March 2009 and February 2010 and as measured by criteria specific to the portfolio of loans PMI insures. Third Federal is part of a select group of 20 lenders from throughout the nation, and one of only two Ohio lenders that PMI does business with that were selected to receive this inaugural award . Third Federal has also again been recognized by BauerFinancial as a 5-star (superior) bank, an honor the bank has been granted 21 years in a row. The independent rating agency collects quarterly data on banks and institutions and ranks them based on specific criteria centered on safety and soundness. The data is based on Third Federal's financial filings from March 31, 2010. "On behalf of our nearly 1000 associates, I am honored to receive these distinctions from two venerable institutions," said Marc A. Stefanski, chairman and CEO of Third Federal. "While we are not immune to the tough economy, we continue to lend to a quality customer base who want to achieve the American dream of homeownership. We're here to help those that can afford a home make that dream a reality." Third Federal Savings and Loan is a leading provider of savings and mortgage products. Founded in Cleveland in 1938 as a mutual association by Ben and Gerome Stefanski, Third Federal became a public company in 2007. The Association is dedicated to serving consumers with competitive rates and outstanding service. Third Federal, an equal housing lender, has 22 full service branches in Northeast Ohio, eight lending offices in Central and Southern Ohio, and 17 full service branches throughout Florida. As of March 31, 2010, Third Federal assets totaled $10.8 billion.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV