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Home > Company Index > Banking > Banking - Northeast > Woronoco Bancorp, Inc.

Woronoco Bancorp, Inc.
AMEX: WRO
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 PROFILE
Worry-no-mo with Woronoco Bancorp, the holding company for Woronoco Savings Bank. The thrift offers community banking and trust services to businesses and individuals through about a dozen branches that serve western Massachusetts and northern Connecticut. Residential mortgages account for more than half of the bank's loans; home equity loans and lines of credit make up nearly a quarter of the portfolio, which also includes multifamily and commercial real estate, business, construction, and auto loans. Deposit products include savings, checking, and money market accounts; CDs; and IRAs. Subsidiary activities include real estate management, insurance, and securities investment.

 COMPETITION
Banknorth Group, Inc. (BKNG)
Chittenden Corporation (CHZ)
FleetBoston Financial Corporation (FBF)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 44.70
1-Yr. Sales Growth: 29.9%
Employees: 142
Revenue per employee: $314,788.73

 KEY PEOPLE
• Cornelius D. Mahoney
    CEO
• Debra L. Murphy
    CFO

 CONTACT INFO
31 Court St.
Westfield, MA 01085
US
Phone: 413-568-9141
Fax: 413-562-2817
Online: Web Site

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