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Home > Company Index > Banking > Banking - Northeast > Omega Financial Corporation

Omega Financial Corporation
Nasdaq: OMEF
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 PROFILE
Despite its name, Omega Financial never comes in last. The holding company operates three bank and four nonbank subsidiaries in central Pennsylvania. Bank subsidiaries Omega Bank, Hollidaysburg Trust Company, and Penn Central National Bank operate more than 40 branches in about half a dozen counties, targeting individuals and local businesses; services include standard deposit products and trust services. Consumer loans make up about half of the banks' combined loan portfolio, while commercial loans (including construction) make up the other half. Nonbank subsidiaries include Central Pennsylvania Life Insurance, Central Pennsylvania Investment, Central Pennsylvania Leasing, and Central Pennsylvania Real Estate.

 COMPETITION
Main Street Bancorp, Inc. (MBNK)
Northwest Bancorp Inc. (NWSB)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 89.00
1-Yr. Sales Growth: 2.8%
Employees: 563
Revenue per employee: $158,081.71

 KEY PEOPLE
• David B. Lee
    CEO
• Daniel L. Warfel
    CFO

 CONTACT INFO
366 Walker Dr.
State College, PA 16801
US
Phone: 814-231-7680
Fax: 814-231-5797
Online: Web Site

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