|
312 W. 1st St. Sanford, FL 32771 FL Tel. 407-323-1833 Fax 407-645-1501 |
Type: Subsidiary
On the web:
http://www.federaltrust.com
Employees:
89
Employee growth: (25.8%)
This company would prefer it if you did make a federal case of things. Federal Trust Corporation is the holding company for Federal Trust Bank, which serves Central Florida with about a dozen branches. The bank provides traditional retail products, including personal and business checking accounts, savings accounts, and CDs. Residential mortgages make up some 60% of the company's loan portfolio; other offerings include construction and land development loans, commercial mortgages, and to a lesser extent business and consumer loans. Federal Trust was acquired by The Hartford Financial Services Group in 2009 and was made a subsidiary of The Hartford.
Key numbers for fiscal year ending December, 2008:
Sales: $5.8M
One year growth: (40.9%)
Net income: ($41.6)M
Officers:
President and Director: Regional Banks & Thrifts
Competitors:
Bank of America
SunTrust
Wachovia Corp




