Fairmount Bancorp in Baltimore said Thursday it has completed a stock offering that raised about $4.4 million to convert its namesake bank from a mutual to a stock entity. The company said 444,038 shares were sold at $10 apiece. Shares were expected to begin trading Thursday on the OTC Bulletin Board under the symbol "FMTB." The bank, founded in 1879, is located in the Rosedale area.
Parent of Fairmount Bank completes stock conversion
Hanah Cho
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