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  September 5, 2001
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Home > Company Index > Banking > Banking - Midwest > Clarkston Financial Corporation

Clarkston Financial Corporation
OTC: CKSB
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 PROFILE
Throwing its hat into the competitive and ever-consolidating ring of retail banking, Clarkston Financial is the holding company for Clarkston State Bank. The community bank serves consumers and small to midsized businesses from two branches in Clarkston, Michigan. The bank offers a full range of consumer banking services, including checking, savings, and NOW accounts, as well as CDs. Clarkston Savings Bank uses funds from deposits primarily for commercial lending (more than 60% of its portfolio); on a more limited scale, it also makes consumer loans (nearly a quarter) and residential mortgage loans.

 COMPETITION
BANK ONE CORPORATION (ONE)
Flagstar Bancorp, Inc. (FBC)
National City Corporation (NCC)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 3.50
1-Yr. Sales Growth: 83.8%
Employees: 20
Revenue per employee: $175,000.00

 KEY PEOPLE
• David T. Harrison
    CEO
• Terry Wolf
    CFO

 CONTACT INFO
15 S. Main St.
Clarkston, MI 48346
US
Phone: 248-625-8585
Fax: 248-625-3320
Online: Web Site

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