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  September 5, 2001
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Home > Company Index > Banking > Banking - Midwest > Grand Central Financial Corp.

Grand Central Financial Corp.
Nasdaq (SC): GCFC
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 PROFILE
Grand Central Financial hopes to become the Grand Central Station on the road to Wellsville in eastern Ohio through its three-branch subsidiary, Central Federal Savings and Loan of Wellsville. The bank offers community banking services to individuals and local businesses. Its loan portfolio includes single-family mortgages (nearly three-quarters of the portfolio), auto loans (almost 20%), construction, commercial and multifamily real estate, and home equity loans. The bank offers savings, passbook, NOW, and money market accounts, as well as CDs. The bank also makes investments in mortgage-backed securities.

 COMPETITION
National City Corporation (NCC)
Potters Financial Corporation (PTRS)
Sky Financial Group, Inc. (SKYF)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 10.10
1-Yr. Sales Growth: 5.2%
Employees: 45
Revenue per employee: $224,444.44

 KEY PEOPLE
• William R. Williams
    CEO
• John A. Rife
    CFO

 CONTACT INFO
601 Main St.
Wellsville, OH 43968
US
Phone: 330-532-1517
Fax: 330-532-3875

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