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Home > Company Index > Banking > Banking - Northeast > West Essex Bancorp, Inc.

West Essex Bancorp, Inc.
Nasdaq: WEBK
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 PROFILE
West Essex Bancorp is the holding company for West Essex Bank, which operates about half a dozen branches in the northern New Jersey counties of Essex, Morris, and Bergen. Founded in 1915, the bank targets individuals and local businesses, offering such standard retail products as checking and savings accounts, certificates of deposit, and IRAs. One- to four-family mortgages make up nearly 75% of West Essex's loan portfolio; the bank also provides multifamily mortgage, commercial real estate, commercial, and consumer loans. West Essex Insurance, a subsidiary of the bank, sells insurance and annuities through a third party. West Essex Bancorp MHC, a mutual holding company, owns abut 60% of West Essex Bancorp.

 COMPETITION
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 24.70
1-Yr. Sales Growth: 5.6%
Employees: 54
Revenue per employee: $457,407.41

 KEY PEOPLE
• Leopold W. Montanaro
    CEO
• Dennis A. Petrello
    CFO

 CONTACT INFO
417 Bloomfield Ave.
Caldwell, NJ 07006
US
Phone: 973-226-7911
Fax: 973-226-6764
Online: Web Site

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