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

Abington Bancorp, Inc.
Nasdaq: ABBK
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 PROFILE
Abington Bancorp is the holding company for Abington Savings Bank, founded in 1853, which operates more than 10 branches in Plymouth and Norfolk counties in southeastern Massachusetts. Targeting individuals and local businesses, the bank offers standard retail services such as checking and savings accounts, NOW accounts, CDs, and IRAs. Lending activities consist mostly of residential mortgages (nearly 70% of the bank's portfolio), and also commercial real estate, construction, commercial, and consumer loans. Abington Bancorp Capital Trust, a nonbanking subsidiary of the company, provides trust services. Other subsidiaries of the bank invest in real estate, government obligations, and securities.

 COMPETITION
FleetBoston Financial Corporation (FBF)
Independent Bank Corp. (INDB)
People's Bancshares, Inc. (PBKB)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 57.20
1-Yr. Sales Growth: 15.3%
Employees: 182
Revenue per employee: $314,285.71

 KEY PEOPLE
• James P. McDonough
    CEO
• Robert M. Lallo
    CFO

 CONTACT INFO
536 Washington St.
Abington, MA 02351
US
Phone: 781-982-3200
Fax: 781-878-2286
Online: Web Site

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