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Heritage Bankshares Inc. Message Board

  • robindbanks robindbanks Jul 12, 2010 10:14 PM Flag

    This is interesting

    [FR Doc. 2010-16980 Filed 07/12/2010 at 8:45 am; Publication Date: 07/13/2010]

    1. First Exchange Bank 401(k) Employee Stock Ownership Plan, individually and as
    a member of a group consisting of William Goetell, Fairmont, West Virginia, and
    Jennifer Price, Morgantown, West Virginia, acting in concert, to retain control
    of Heritage Bancshares, Inc., and thereby indirectly retain control of First
    Exchange Bank, both of Mannington, West Virginia.

    Does this mean the 2 named people have majority ownership of this bank thru a 401K of the bank owned by Heritage that they work at ?

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