The group's principal activity is that of a federally chartered stock savings bank. The group is a holding company of first federal savings bank of iron ton. The group provides personal, business and money market checking accounts and various types of deposit certificates and loans, savings and demand deposit accounts. The group has concentrated its lending activities on originating real estate loans secured by single-family residential properties in the local markets. The group also invests funds in government and agency securities, mortgage-backed securities, municipal and corporate debt securities. The group operates through the main office located in iron ton and a branch office in proctorial, Ohio.
