Attached files
| file | filename |
|---|---|
| 8-K - TIERONE CORP | v183392_8-k.htm |
| EX-99.1 - TIERONE CORP | v183392_ex99-1.htm |
Exhibit
99.2
May 4,
2010
Edward J.
Swotek, Senior Vice President
Immediately
TierOne
Corporation Announces Nasdaq Delisting Notification
LINCOLN,
NE – May 4, 2010 - TierOne Corporation (NASDAQ: TONE) (“Company”),
the holding company for TierOne Bank, today announced that the Company
received a delisting determination letter from the staff of the Nasdaq Stock
Market due to the Company not being in compliance with the filing
requirement under NASDAQ Marketplace Rule 5250(c)(1). Noncompliance
with this NASDAQ rule resulted from the Company’s delinquency in the filing of
its periodic reports. The Company does not plan to appeal the
delisting determination. The Company’s common stock will be
delisted from the Nasdaq Global Select Market and the trading of the Company’s
common stock will be suspended at the opening of business on May 7,
2010.
The
Company currently anticipates that its common stock will be quoted on the Pink
OTC Markets Inc. system, referred to as the “pink quotes,” and is seeking a
market maker to effect this quotation. There is no assurance that the
Company’s common stock will be quoted in the pink quotes.
Corporate
Profile
TierOne
Corporation is the parent company of TierOne Bank, a $2.8 billion federally
chartered savings bank headquartered in Lincoln, Nebraska. Founded in
1907, TierOne Bank offers customers a wide variety of full-service consumer,
commercial and agricultural banking products and services through a network of
69 banking offices located in Nebraska, Iowa and Kansas.
|
CONTACT:
|
EdwardJ.
Swotek, Senior Vice President
|
Investor Relations
Department
(402)473-6250
investorrelations@tieronecorp.com
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