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Last $0.01 USD
Change Today 0.00 / 0.00%
Volume 200.0K
TMEB On Other Exchanges
As of 5:10 PM 11/27/15 All times are local (Market data is delayed by at least 15 minutes).

terme bancorp inc (TMEB) Snapshot

Previous Close
Day High
Day Low
52 Week High
12/1/14 - $0.02
52 Week Low
07/28/15 - $0.0040
Market Cap
Average Volume 10 Days
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Dividend Yield
Current Stock Chart for TERME BANCORP INC (TMEB)

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terme bancorp inc (TMEB) Details

Terme Bancorp, Inc. operates as a holding company. The company was formerly known as Umbrella Bancorp, Inc. and changed its name to Terme Bancorp, Inc. in January 2007. Terme Bancorp, Inc. was incorporated in 1987 and is based in Summit Argo, Illinois.

terme bancorp inc (TMEB) Top Compensated Officers

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terme bancorp inc (TMEB) Key Developments

Terme Bancorp Establishes Terme Medical Ventures, Inc. as its Subsidiary to Invest in Medical Initiatives

Terme Bancorp announced the establishment of Terme Medical Ventures, Inc., a wholly-owned subsidiary, to invest in consumer-oriented medical initiatives. Terme's new subsidiary plans to initially target three specific market segments: medical marijuana, clinical medical devices and solutions for the treatment of infectious diseases. Terme Medical Venture's primary focus will be to provide leading technology used to grow and distribute medical marijuana and related services while forming lucrative partnerships in this rapidly growing industry. All initiatives in this area will adhere to regulatory directives and compliance with State, Federal and International authorities. Additionally, the Company's management has relationships that will allow Terme Medical Ventures to enter the medical device space. Terme plans to develop or license clinical device technology that will enable individuals to monitor and improve their overall health. Thirdly, the company's new subsidiary intends to form strategic partnerships and relationships with global entities to meet the global demand for treatments and cures for infectious diseases.


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