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Home > Company Index > Banking > Banking - Midwest > Montgomery Financial Corporation

Montgomery Financial Corporation
Nasdaq (SC): MONT
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 NEWS FROM THE WIRES
Union to buy neighbor Montgomery for $18.5 million
Jul 24 2001 06:52 AM PDT

More WIRE STORIES about this company

 PROFILE
Montgomery Financial is the savings and loan holding company for Montgomery Savings, which has two branches in Crawfordsville and one each in Williamsport, Lafayette, and Covington, Indiana. Established in 1888, the bank targets individuals and business customers in its four-county region. Montgomery Savings provides a broad range of consumer banking products, including CDs, IRAs, savings accounts, money market accounts, and NOW accounts. Funds are used primarily to originate one- to four-family residential mortgage loans (almost 80% of the portfolio), as well as multifamily, construction, nonresidential real estate, and consumer loans. Montgomery Financial has agreed to be bought by Union Community Bancorp.

 COMPETITION
Lincoln Bancorp (LNCB)
National City Corporation (NCC)
Union Community Bancorp (UCBC)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 10.10
1-Yr. Sales Growth: 9.8%
Employees: 48
Revenue per employee: $210,416.67

 KEY PEOPLE
• Earl F. Elliott
    CEO
• J. Lee Walden
    CFO

 CONTACT INFO
119 E. Main St.
Crawfordsville, IN 47933
US
Phone: 765-362-4710
Fax: 765-362-7069

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