This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

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.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
TFSL $14.67 -0.54%
AAPL $130.28 0.47%
FB $81.53 -1.07%
GOOG $565.06 3.30%
TSLA $218.42 -0.08%

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs