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Home > Company Index > Banking > Banking - Midwest > Ottawa Financial Corporation

Ottawa Financial Corporation
 PROFILE
Ottawa Financial is the holding company for AmeriBank, which provides banking services through about 25 branches to individuals and local businesses in western Michigan. The bank's financial services include savings and checking accounts, debit and credit cards, and automated teller transactions. Its lending services include residential mortgages, refinancing and home-equity loans, consumer and commercial loans, and construction mortgages. One- to four-family real estate loans account for approximately 50% of total loans made. Subsidiary AmeriPlan Financial Services is a discount brokerage. AmeriBank Mortgage originates and sells residential mortgages. Fifth Third Bancorp owns the company.

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 75.70
1-Yr. Sales Growth: 0.0%
Employees: 320
Revenue per employee: $236,562.50

 KEY PEOPLE
• Douglas J. Iverson
    CEO
• Jon Swets
    CFO

 CONTACT INFO
245 Central Ave.
Holland, MI 49423
US
Phone: 616-393-7000
Fax: 616-393-7017

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