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  September 5, 2001
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Home > Company Index > Banking > Banking - Northeast > Bay State Bancorp, Inc.

Bay State Bancorp, Inc.
AMEX: BYS
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 PROFILE
Bay State Bancorp is the holding company for Bay State Federal Savings Bank, which began as a mutual cooperative bank in 1920 and now operates six full-service banking offices in the Boston metropolitan area. Bay State's deposit instruments include individual and business checking, savings, money market, and NOW accounts, as well as CDs. Its lending activities are primarily comprised of one-to-four family mortgage loans, about 50% of its portfolio; multifamily and commercial real estate account for over 40%. The bank sells some of its loans, but retains the servicing.

 COMPETITION
BostonFed Bancorp, Inc. (BFD)
Brookline Bancorp, Inc. (BRKL)
FleetBoston Financial Corporation (FBF)

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 FINANCIAL OVERVIEW
Fiscal Year-End: March
2001 Sales (mil.): 38.10
1-Yr. Sales Growth: 18.7%
Employees: 100
Revenue per employee: $381,000.00

 KEY PEOPLE
• John F. Murphy
    CEO
• Michael O. Gilles
    CFO

 CONTACT INFO
1299 Beacon St.
Brookline, MA 02446
US
Phone: 617-739-9500
Fax: 617-734-5185
Online: Web Site

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