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3 Penns Trail Newtown, PA 18940 PA Tel. 215-579-4000 Fax 215-579-2380 |
Type: Public
On the web:
http://www.thirdfedbank.com
Employees:
184
Employee growth: (3.2%)
To Find out what TF Financial does isn't Too tufF. The holding company owns Third Federal Savings Bank, which operates about 15 branches in southeastern Pennsylvania's Buck and Philadelphia counties and neighboring Mercer County, New Jersey. The bank offers standard deposit products, including CDs, IRAs, and savings, checking, NOW, and money market accounts. It also provides insurance and investment products and services. The bank's lending activities mainly consist of issuing one- to four-family residential mortgages (around half of the company's loan portfolio), multifamily and commercial real estate loans (about a quarter), and construction, business, and consumer loans.
Key numbers for fiscal year ending December, 2011:
Sales: $34.9M
One year growth: (5.3%)
Net income: $3.9M
Income growth: 17.2%
Officers:
Chairman: Robert N. Dusek
President, CEO, and Director; President and CEO, Third Federal Savings Bank: Kent C. Lufkin
EVP and CFO, TF Financial and Third Federal Savings Bank: Dennis R. Stewart
Competitors:
PNC Financial
Republic First Bank
Sovereign Bank
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