Independence Savings Bank (ICBC) Message Board

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Non-Tech : Independence Savings Bank (ICBC)

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To: stockboy who wrote (188)	4/2/1998 8:18:00 PM
From: Rich B.	Read Replies (2) of 246

General Questions: Can anyone explain where they get the information on upcoming bank conversions. I realize that I can subscribe to SNL securities Conversion Watch but isn't a little to late by the time they publish their report to have been a depositor. Is there a site that lists bank and thrifts, by area, that aren't converted? I hear the talk of a cut-off date, does this mean there is still time to get in after the bank announces their conversion. How about the amount of money on deposit? What amount would be best? Today was my first experience with a conversion. Macatawa Bancorp (MCBC). I was real disappointed with the number of shares I received. The brokerage handling the conversion didn't have any answers as to how much I was getting until today also. Is this normal? I had asked for 1000 shares and only got 100. Does this mean I should have had more on deposit? I only had $1000 in my account. Next time I want to be more prepared. Realize there are many questions here, thanks in advance for any advice. Rich

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