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Jefferson Bancshares

(NASDAQ: JFBI)
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5.71 Up +0.06 +1.06%
COMPANY ADDRESS
Jefferson Bancshares
120 Evans Avenue
Morristown, TN 37814
USA - Map
Phone: +1 423 586-8421
Fax: +1 423 587-2605
Website
COMPANY INFORMATION
Exchange: NASDAQ national market
Stock: Jefferson Bancshares, Inc.
Industry: Savings & Cooperative Banks
Employees: 142
DESCRIPTION
Jefferson Bancshares, Inc. is the holding company for Jefferson Federal. Jefferson Federal operates as a community-oriented financial institution offering traditional financial services to consumers and businesses in its market area. Jefferson Federal attracts deposits from the general public and uses those funds to originate loans, which it holds for investment. The company's loan portfolio consists of a variety of mortgage, commercial and consumer loans. It offers fixed-rate mortgage loans with terms up to 30 years and adjustable-rate mortgage loans with terms up to 25 years. Jefferson's commercial real estate loans are secured by professional office buildings, shopping centers, manufacturing facilities, hotels, vacant land, churches and, to a lesser extent, by other improved property such as restaurants and retail operations. It offers a variety of consumer loans, including loans secured by automobiles and savings accounts. Other consumer loans include loans on recreational vehicles and boats, debt consolidation loans and personal unsecured debt. The Company is a bank holding company subject to regulation by the Board of Governors of the Federal Reserve System (the 'Federal Reserve Board') under the Bank Holding Company Act of 1956, as amended (the 'BHCA').
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Financial data in US dollars | Page generated 5:50 AM ET
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[BRIEFING.COM] The major averages ended higher across the board as the S&P 500 advanced 0.8%. Equities climbed steadily since the opening bell as investors prepared for tomorrow's policy decision from the Federal Reserve. Although chatter in recent w ... More
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