West End Bank, S.B. the Bank , a wholly owned subsidiary of West End Indiana Bancshares, Inc. the Company , is an Indiana chartered savings bank that was organized in and is headquartered in Richmond, Indiana. The Bank provides financial services to individuals, families and businesses through its four banking offices located in the Indiana counties of Union and Wayne and limited service branches located in the elementary school and high school in Richmond, Indiana at which the Bank offers more limited banking services and at which it provides banking seminars to students who assist in the branch operations. Our principal business consists of attracting retail deposits from the general public in our market area and investing those deposits, together with funds generated from operations, and to a lesser extent, borrowings, in one to four family residential real estate loans, indirect automobile loans, commercial and multi family real estate loans, and to a lesser extent, second mortgages and equity lines of credit, construction loans and commercial business loans. We also purchase investment securities consisting primarily of SBA loan pools, municipal bonds, and mortgage backed securities. The Bank reorganized into a mutual holding company structure in . On January , , in accordance with a Plan of Conversion and Reorganization the Conversion , West End Bank, MHC MHC , the Bank s former federally chartered mutual holding company completed a mutual to stock conversion pursuant to which the Bank became the wholly owned subsidiary of West End Indiana Bancshares, Inc. the Company , a Maryland corporation. In connection with the Conversion, the Company sold , , shares of common stock, at an offering price of per share, and issued an additional , shares of its common stock to the West End Bank Charitable Foundation the Foundation , resulting in an aggregate issuance of , , shares of common stock.
Quote | West End Indiana Bancshares Inc (OTCMKTS:WEIN)
Last: | $36.54 |
---|---|
Change Percent: | -0.41% |
Open: | $36.64 |
Close: | $36.54 |
High: | $36.64 |
Low: | $36.31 |
Volume: | 823 |
Last Trade Date Time: | 10/30/2020 04:55:59 pm |
News | West End Indiana Bancshares Inc (OTCMKTS:WEIN)
West End Indiana Bancshares, Inc. (OTC PINK: WEIN) (the “Company”), the former holding company for West End Bank, S.B., today announced that its Board of Directors has approved a distribution of $36.69 per share to its stockholders of record as of the close of business on ...
West End Indiana Bancshares, Inc. (OTC PINK: WEIN), the holding company for West End Bank, S.B. (“West End Bank”), today announced the completion of the purchase and assumption transaction between Three Rivers Federal Credit Union (“3Rivers”), WEIN and West End Ban...
Message Board Posts | West End Indiana Bancshares Inc (OTCMKTS:WEIN)
Subject | By | Source | When |
---|---|---|---|
Emylers: WEIN Financials 07/16/2014 07:30:56 West End Indiana Bancshares Inc Period Ending Dec 31, 2 | Emylers | investorshangout | 07/16/2014 12:30:53 PM |
chartguy89: WEIN 18.05 Stock Charts $WEIN 1 Month Chart | chartguy89 | investorshangout | 03/10/2014 9:29:15 PM |
chartguy89: WEIN Stock Charts Last: UNCH Sunday, March 2, 2014 at 9:06:15 AM $WEIN 1 Month C | chartguy89 | investorshangout | 03/02/2014 2:06:27 PM |
News, Short Squeeze, Breakout and More Instantly...
West End Indiana Bancshares Inc Company Name:
WEIN Stock Symbol:
OTCMKTS Market:
West End Indiana Bancshares, Inc. (OTC PINK: WEIN) (the “Company”), the former holding company for West End Bank, S.B., today announced that its Board of Directors has approved a distribution of $36.69 per share to its stockholders of record as of the close of business on ...
West End Indiana Bancshares, Inc. (OTC PINK: WEIN), the holding company for West End Bank, S.B. (“West End Bank”), today announced the completion of the purchase and assumption transaction between Three Rivers Federal Credit Union (“3Rivers”), WEIN and West End Ban...
West End Indiana Bancshares, Inc. (the “Company”) (OTC Pink:WEIN), and its subsidiary, West End Bank, S.B. (the “Bank”), announced today that they have renegotiated their previously announced purchase and assumption agreement (the “revised agreement”)...