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Home > Company Index > Banking > Banking - Northeast > Ambanc Holding Co., Inc.
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Ambanc Holding Co., Inc. |
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PROFILE |
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Oy! Oy! Oy! Punks and Native Americans have found their bank. Ambanc Holding is the holding company for Mohawk Community Bank (formerly a mutual bank, Amsterdam Savings), which serves Albany, Chenango, Fulton, Montgomery, Otsego, Saratoga, Schenectady, and Schoharie counties in New York. Founded in 1886, Mohawk uses consumer deposits to fund residential mortgages, which account for more than 60% of its loan portfolio. Home equity loans make up about 20% of all loans. The bank operates more than 15 banking offices, and has branches in local supermarkets. Subsidiary ASB Insurance Agency offers brokerage services, as well as mutual funds and annuities. The company also operates a real estate investment trust.
COMPETITION |
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Cohoes Bancorp, Inc. (COHB)
Community Bank System, Inc. (CBU)
KeyCorp (KEY)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 51.80
1-Yr. Sales Growth: 2.4%
Employees: 218
Revenue per employee: $237,614.68
KEY PEOPLE |
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John M. Lisicki
CEO
James J. Alescio
CFO
CONTACT INFO |
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11 Division St.
Amsterdam, NY 12010
US
Phone: 518-842-7200
Fax: 518-843-5501
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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