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Home > Company Index > Banking > Banking - Northeast > Sun Bancorp, Inc.

Sun Bancorp, Inc.
Nasdaq: SUBI
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 PROFILE
Sun Bancorp is the holding company for SunBank, which operates some two dozen offices in central Pennsylvania. The bank offers products such as savings and NOW accounts, IRAs, and CDs; the bank also offers trust and fiduciary services. It primarily originates real estate mortgages (about 50% of the portfolio), but also offers construction, agricultural, commercial, industrial, and consumer loans. SunBank also provides asset management and leasing services and sells insurance. The company is buying Wilkes-Barre, Pennsylvania-based Guaranty Bank. SunBank formerly did business under four names -- Snyder County Trust, Watsontown National Bank, Bucktail Bank and Trust, and Central Pennsylvania Bank.

 COMPETITION
CNB Financial Corporation (CCNE)
First Union Corporation (FTU)
Mellon Financial Corporation (MEL)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 54.50
1-Yr. Sales Growth: 4.0%
Employees: 264
Revenue per employee: $206,439.39

 KEY PEOPLE
• Robert J. McCormack
    CEO
• Jonathan J. Hullick
    CFO

 CONTACT INFO
2-16 S. Market St.
Selinsgrove, PA 17870
US
Phone: 570-374-1131
Fax: 570-374-4069
Online: Web Site

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