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Magna Bank became a publicly held company in January 2000, upon the completion of its secondary common equity offering. On May 14, 2007, the shareholders of 1st Trust Bank agreed to change the name of the institution to Magna Bank. All issued 1st Trust Stock Certificates remain valid even though we have a new corporate name. Magna Bank common stock is not listed on an established stock exchange or traded in the over-the-counter market. If you are interested in buying or selling Magna stock, you can contact Herb Taylor at Wunderlich Securities. Mr. Taylor can be reached at (901) 251-2220 or toll free (800) 726-0557. Currently, dividends are not paid on Magna Bank’s common stock. Magna Bank holds its Annual Meeting of shareholders in May of each year. All shareholders are invited to attend Annual Meetings. Prior to the Annual Meeting, an Annual Report, Proxy Statement, and Proxy form are mailed to shareholders. Proxies, which include matters to be considered at the Annual Meeting, may be voted before or at the meeting. To view our Financial Reports, click here. Registrar and Transfer Company is the transfer agent and registrar for Magna Bank and maintains shareholder records for the company. You can contact Registrar and Transfer at: Registrar and Transfer Company For replacement of lost stock certificates, change of address, re-registration of stock certificate and more, you can go on line via Investor Relations at www.rtco.com, a cost-free web tool for shareholders, and process these various transactions. You can contact Magna Bank’s Shareholder Services Department at 901.259.5600, or by email at shareholderservices@magnabank.com to obtain any of the following information:
Note: Magna Bank is not a broker/dealer and does not make a market in Magna Bank common stock. |
