Business News • MarketWire • Ambassador Financial Group, Inc. Announces $5.1 Million Private Placement of Equity on Behalf of Carroll Bancorp, Inc.

Ambassador Financial Group, Inc. Announces $5.1 Million Private Placement of Equity on Behalf of Carroll Bancorp, Inc.

Ambassador Financial Group, Inc. Announces $5.1 Million Private Placement of Equity on Behalf of Carroll Bancorp, Inc.

ALLENTOWN, PA--(Marketwired - Jan 27, 2015) - Ambassador Financial Group, Inc. today announced the successful completion of a $5.1 million private placement issuance of common stock for Carroll Bancorp, Inc. (OTCQB: CROL), headquartered in Sykesville, Maryland in which it served as the exclusive placement agent. The offering of common stock at $16.50 per share was closed on January 23, 2014.

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