Athens Bancshares Corp.

Athens Bancshares Corp.

Sector: Offices Of Bank Holding Companies Region: TN, United States

: | Nasdaq: AFCB

Similar to: Huntington Bancshares, Inc.

Athens Bancshares Corp. operates as a bank holding company. The company is operating through its subsidiary, Athens Federal Community Bank, which offers a variety of deposits from the general public and use those funds to originate primarily residential mortgage loans and to a lesser extent, non-residential real estate loans, construction loans, land and land development loans, multi-family real estate loans, consumer loans and commercial business loans. It accepts various deposits, including non-interest-bearing demand deposits, such as checking accounts; interest-bearing demand accounts comprising NOW and money market accounts; regular savings accounts; and certificates of deposit. The company's loan portfolio comprises one-to four-family residential loans; non-residential real estate loans; construction loans for one-to four-family homes, and commercial properties, including retail shops and office units, and multi-family properties; land and land development loans; multi-family real estate loans; consumer loans, including home equity loans and lines of credit, automobile loans, and loans secured by deposits; and commercial business loans to small businesses. Athens Bancshares was founded in September 2009 and is headquartered in Athens, TN.

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