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Home > Company Index > Banking > Banking - Northeast > Alliance Bank

Alliance Bank
Nasdaq (SC): ALLB
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 PROFILE
Alliance Bank (formerly operating as Greater Delaware Valley Savings Bank) has seven full-service offices that serve individuals and local businesses in Delaware County, Pennsylvania, west of Philadelphia. The bank's deposit products include checking, savings, money market, term certificate, and NOW accounts. Its originates primarily single-family real estate loans, which make up approximately 60% of a loan portfolio that also includes commercial real estate (30%), multifamily and construction real estate loans, as well as business and consumer loans. Greater Delaware Valley Holdings, a mutual holding company, owns 80% of the bank.

 COMPETITION
Commerce Bancorp, Inc. (CBH)
First Leesport Bancorp, Inc. (FLPB)
Mellon Financial Corporation (MEL)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 25.50
1-Yr. Sales Growth: 20.9%
Employees: 87
Revenue per employee: $293,103.45

 KEY PEOPLE
• William E. Hecht
    CEO
• Peter J. Meier
    CFO

 CONTACT INFO
541 Lawrence Rd.
Broomall, PA 19008
US
Phone: 610-353-2900
Fax: 610-359-6908
Online: Web Site

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