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Home > Company Index > Banking > Banking - Midwest > Charter One Financial, Inc.

Charter One Financial, Inc.
NYSE: CF
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 NEWS FROM THE WIRES
ANALYSIS-Consumer lending props up bank profits
Jul 24 2001 11:07 AM PDT

Charter One profits up on loan growth
Jul 18 2001 01:18 PM PDT

More WIRE STORIES about this company

 PROFILE
Charter One Financial is a holding company whose main subsidiary, Charter One Bank, operates more than 425 branches in Illinois, Massachusetts, Michigan, New York, Ohio, and Vermont. Targeting individuals and small to midsized businesses, the bank offers savings, checking, and money market accounts, as well as CDs. The company is trying to reduce its reliance on residential mortgages, instead ramping up its business, commercial real estate, and consumer lending. Subsidiaries of the bank provide mortgage banking, equipment leasing, brokerage services, auto financing, and insurance. To fortify its foothold in Chicago, Charter One Financial bought Alliance Bancorp, the parent of Liberty Federal Bank.

 COMPETITION
Fifth Third Bancorp (FITB)
FirstMerit Corporation (FMER)
KeyCorp (KEY)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 2,640.00
1-Yr. Sales Growth: 11.9%
Employees: 6,988
Revenue per employee: $377,790.50

 KEY PEOPLE
• Charles John Koch
    CEO
• Richard W. Neu
    CFO

 CONTACT INFO
1215 Superior Ave.
Cleveland, OH 44114
US
Phone: 216-566-5300
Fax: 216-566-1038
Online: Web Site

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