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

Warren Bancorp, Inc.
Nasdaq: WRNB
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 PROFILE
Warren Bancorp is the holding company for Warren Five Cents Savings Bank, a community bank serving the suburban Boston communities of Peabody and Beverly. Warren Five Cents Savings Bank's half-dozen banking locations offer customers such deposit products as checking, savings, NOW, and time deposit accounts. The bank uses funds from deposits primarily to originate commercial real estate loans, which account for about half of its portfolio. It also makes residential mortgages, as well as business, commercial construction, and consumer loans. Some loans are sold onto the secondary market.

 COMPETITION
Eastern Bank Corporation (dossier)
FleetBoston Financial Corporation (FBF)
Ipswich Bancshares, Inc. (IPSW)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 35.10
1-Yr. Sales Growth: 15.8%
Employees: 155
Revenue per employee: $226,451.61

 KEY PEOPLE
• John R. Putney
    CEO
• Paul M. Peduto
    CFO

 CONTACT INFO
10 Main St.
Peabody, MA 01960
US
Phone: 978-531-7400
Fax: 978-538-3305
Online: Web Site

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