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Home > Company Index > Banking > Banking - Northeast > Warwick Community Bancorp, Inc.

Warwick Community Bancorp, Inc.
Nasdaq: WSBI
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 NEWS FROM THE WIRES
Warwick Community Bancorp names Fred Kowal CEO
Jul 26 2001 12:28 PM PDT

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 PROFILE
Warwick Community Bancorp is the holding company for The Warwick Savings Bank and The Towne Center Bank, which together operate almost a dozen branches in Orange County, New York, and in Bergen County, New Jersey. The banks offer checking, savings, passbook, money market, and NOW accounts, as well as certificates of deposit. Lending activities consist primarily of one- to four-family residential mortgages (almost 70% of the combined loan portfolio); the banks typically hold the loans rather than sell them onto the secondary market. They also make commercial, automobile, student, and home equity loans. Warwick Savings has mortgage, real estate investment, and consumer investment services subsidiaries.

 COMPETITION
The Bank of New York Company, Inc. (BK)
J.P. Morgan Chase & Co. (JPM)
M&T Bank Corporation (MTB)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 51.00
1-Yr. Sales Growth: 29.4%
Employees: 148
Revenue per employee: $344,594.59

 KEY PEOPLE
• Fred G. Kowal
    CEO
• Arthur W. Budich
    CFO

 CONTACT INFO
18 Oakland Ave.
Warwick, NY 10990
US
Phone: 845-986-2206
Fax: 845-988-0614
Online: Web Site

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