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Northeast Indiana Bancorp
Financial services / Banking and Financial Services
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Northeast Indiana Bancorp is a financial holding company that owns Northeast Indiana Bancorp, Inc., also known as First Federal Savings Bank. First Federal Savings Bank provides various banking and financial services to individual and business customers in northeast Indiana.
The company was founded in 1883 and is headquartered in Huntington, Indiana. It operates through its main subsidiary First Federal Savings Bank, which has 14 branches in northeast Indiana. It offers a range of deposit accounts, including checking, savings, money market, and individual retirement accounts, as well as various loan products, such as mortgages, home equity loans, and commercial loans.
Northeast Indiana Bancorp also provides trust and investment services through its subsidiary, NIDB Investment Services. This subsidiary offers services such as investment management, retirement planning, and estate planning.
In addition to its financial services, Northeast Indiana Bancorp is also involved in the community through charitable works and donations to various organizations in the area. It also actively supports local businesses and community initiatives.
Northeast Indiana Bancorp is a publicly traded company listed on the NASDAQ stock exchange under the ticker symbol NIDB. It is committed to providing financial stability, security, and personalized service to its customers and stakeholders.
The company was founded in 1883 and is headquartered in Huntington, Indiana. It operates through its main subsidiary First Federal Savings Bank, which has 14 branches in northeast Indiana. It offers a range of deposit accounts, including checking, savings, money market, and individual retirement accounts, as well as various loan products, such as mortgages, home equity loans, and commercial loans.
Northeast Indiana Bancorp also provides trust and investment services through its subsidiary, NIDB Investment Services. This subsidiary offers services such as investment management, retirement planning, and estate planning.
In addition to its financial services, Northeast Indiana Bancorp is also involved in the community through charitable works and donations to various organizations in the area. It also actively supports local businesses and community initiatives.
Northeast Indiana Bancorp is a publicly traded company listed on the NASDAQ stock exchange under the ticker symbol NIDB. It is committed to providing financial stability, security, and personalized service to its customers and stakeholders.
What is special about the company?
1. Local Community Focus: Northeast Indiana Bancorp is a community bank and has a strong focus on serving the local communities in northeast Indiana. This allows them to provide personalized and tailored services to their customers.
2. Long History: The company was founded in 1885 and has been operating for over 135 years. This long history demonstrates their stability and commitment to their customers.
3. Independent and Employee-owned: Northeast Indiana Bancorp is an independent and employee-owned company, which means it is not owned by a larger corporation. This allows them to make decisions based on the best interests of their customers rather than shareholders.
4. Strong Financial Performance: The company has a track record of strong financial performance, with consistent growth in assets and earnings.
5. Diversified Business: Northeast Indiana Bancorp operates through three subsidiary companies: First Federal Savings Bank, First Financial Holdings, and Northeast Investment Services. This diversification helps to manage risk and provides a range of financial services to customers.
6. Social Responsibility: The company is committed to giving back to the community and supports various local organizations and charities.
7. Innovative Technology: Despite being a traditional community bank, Northeast Indiana Bancorp is constantly investing in new technology to improve the customer experience and provide convenient banking services.
8. Experienced Leadership: The board of directors and management team at Northeast Indiana Bancorp have a wealth of experience in the banking and financial industry, ensuring the company is well-managed and positioned for success.
9. Customer-centric Approach: Northeast Indiana Bancorp puts its customers at the center of everything it does. This is reflected in its personalized services, flexible products, and excellent customer service.
10. Strong Company Culture: Northeast Indiana Bancorp has a positive company culture that values its employees and fosters a sense of teamwork and collaboration, which ultimately benefits their customers.
2. Long History: The company was founded in 1885 and has been operating for over 135 years. This long history demonstrates their stability and commitment to their customers.
3. Independent and Employee-owned: Northeast Indiana Bancorp is an independent and employee-owned company, which means it is not owned by a larger corporation. This allows them to make decisions based on the best interests of their customers rather than shareholders.
4. Strong Financial Performance: The company has a track record of strong financial performance, with consistent growth in assets and earnings.
5. Diversified Business: Northeast Indiana Bancorp operates through three subsidiary companies: First Federal Savings Bank, First Financial Holdings, and Northeast Investment Services. This diversification helps to manage risk and provides a range of financial services to customers.
6. Social Responsibility: The company is committed to giving back to the community and supports various local organizations and charities.
7. Innovative Technology: Despite being a traditional community bank, Northeast Indiana Bancorp is constantly investing in new technology to improve the customer experience and provide convenient banking services.
8. Experienced Leadership: The board of directors and management team at Northeast Indiana Bancorp have a wealth of experience in the banking and financial industry, ensuring the company is well-managed and positioned for success.
9. Customer-centric Approach: Northeast Indiana Bancorp puts its customers at the center of everything it does. This is reflected in its personalized services, flexible products, and excellent customer service.
10. Strong Company Culture: Northeast Indiana Bancorp has a positive company culture that values its employees and fosters a sense of teamwork and collaboration, which ultimately benefits their customers.
What the company's business model?
The Northeast Indiana Bancorp company operates as a bank holding company, primarily through its subsidiary, First Federal Savings Bank. The bank offers a range of financial services, including deposit accounts, loans, and other personal and commercial banking services to its customers in the Northeast Indiana area.
The company's business model is focused on providing quality customer service and building strong relationships with its customers. It aims to achieve this through personalized banking solutions, competitive interest rates, and efficient and convenient banking services. Additionally, Northeast Indiana Bancorp focuses on maintaining a strong financial position and actively manages its balance sheet to ensure long-term profitability and growth.
The company also places a strong emphasis on giving back to the communities in which it operates, through charitable donations, volunteerism, and community involvement. This community-oriented approach helps to further strengthen customer loyalty and brand recognition.
In summary, the business model of Northeast Indiana Bancorp is centered on being a strong and reliable community bank that prioritizes customer satisfaction, financial stability, and community involvement.
The company's business model is focused on providing quality customer service and building strong relationships with its customers. It aims to achieve this through personalized banking solutions, competitive interest rates, and efficient and convenient banking services. Additionally, Northeast Indiana Bancorp focuses on maintaining a strong financial position and actively manages its balance sheet to ensure long-term profitability and growth.
The company also places a strong emphasis on giving back to the communities in which it operates, through charitable donations, volunteerism, and community involvement. This community-oriented approach helps to further strengthen customer loyalty and brand recognition.
In summary, the business model of Northeast Indiana Bancorp is centered on being a strong and reliable community bank that prioritizes customer satisfaction, financial stability, and community involvement.
Interesting facts about the company
1. Northeast Indiana Bancorp is a publicly traded company on the NASDAQ stock exchange under the ticker symbol NIDB.
2. The company was founded in 1901 as the Columbia City Exchange Bank and operated as a privately owned bank until it went public in 1992.
3. Northeast Indiana Bancorp is the holding company for First Federal Savings Bank, which has branches in Northeast Indiana and Northwest Ohio.
4. The bank has approximately $500 million in assets and offers a wide range of banking and financial services to individuals and businesses.
5. Northeast Indiana Bancorp is known for its commitment to the local community. The bank supports a variety of charitable and community organizations, and its employees are encouraged to volunteer and participate in community events.
6. The company has received numerous awards and recognition for its financial excellence, including being named a Five-Star Superior Bank by Bauer Financial for over two decades.
7. Northeast Indiana Bancorp has grown in recent years through mergers and acquisitions, including the acquisition of Dupont State Bank in 2015 and First National Bank in 2017.
8. The company prides itself on its strong financial performance, with consistent profitability and a strong return on assets ratio.
9. Northeast Indiana Bancorp is committed to sustainability and environmentally responsible banking practices. The bank has implemented energy-efficient measures and offers e-statements to reduce paper waste.
10. The company is headquartered in Columbia City, Indiana, and is led by a team of experienced and dedicated banking professionals.
See Company Due Diligence:
2. The company was founded in 1901 as the Columbia City Exchange Bank and operated as a privately owned bank until it went public in 1992.
3. Northeast Indiana Bancorp is the holding company for First Federal Savings Bank, which has branches in Northeast Indiana and Northwest Ohio.
4. The bank has approximately $500 million in assets and offers a wide range of banking and financial services to individuals and businesses.
5. Northeast Indiana Bancorp is known for its commitment to the local community. The bank supports a variety of charitable and community organizations, and its employees are encouraged to volunteer and participate in community events.
6. The company has received numerous awards and recognition for its financial excellence, including being named a Five-Star Superior Bank by Bauer Financial for over two decades.
7. Northeast Indiana Bancorp has grown in recent years through mergers and acquisitions, including the acquisition of Dupont State Bank in 2015 and First National Bank in 2017.
8. The company prides itself on its strong financial performance, with consistent profitability and a strong return on assets ratio.
9. Northeast Indiana Bancorp is committed to sustainability and environmentally responsible banking practices. The bank has implemented energy-efficient measures and offers e-statements to reduce paper waste.
10. The company is headquartered in Columbia City, Indiana, and is led by a team of experienced and dedicated banking professionals.
See Company Due Diligence:
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