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Home > Company Index > Banking > Banking - Midwest > First Niles Financial, Inc.

First Niles Financial, Inc.
Nasdaq (SC): FNFI
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 PROFILE
First Niles Financial is the holding company for Home Federal Savings and Loan Association of Niles, a one-branch thrift serving Niles in northeastern Ohio. Founded in 1897, the association offers a variety of deposit products, including checking, savings, money market, and NOW accounts and certificates of deposit. With these funds, Home Federal primarily originates residential mortgage loans, which account for about 70% of its loan portfolio. The thrift also originates commercial, multifamily, and construction real estate loans; consumer loans; and business loans.

 COMPETITION
BANK ONE CORPORATION (ONE)
National City Corporation (NCC)
U.S. Bancorp (USB)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 5.40
1-Yr. Sales Growth: (1.8)%
Employees: 13
Revenue per employee: $415,384.62

 KEY PEOPLE
• William L. Stephens
    CEO
• George J. Swift
    CFO

 CONTACT INFO
55 N. Main St.
Niles, OH 44446
US
Phone: 330-652-2539
Fax: 330-652-0911

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