Corporate Profile for Stewardship Financial Corporation, dated Feb. 1, 2002.Business Editors --(BUSINESS WIRE) The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services.
Published Date: February 1, 2002
Company Name: Stewardship Financial Corporation
Address: 630 Godwin Avenue
Midland Park, NJ 07432-1405
Main Telephone
Number: 201/444-7100
Internet Home
Page Address
(URL) www.asbnow.com
Chief Executive
Officer: Paul Van Ostenbridge, President
Chief Financial
Officer: Julie E. Holland, Vice President
Investor Relations
Contact: Paul Van Ostenbridge
Business number: 201/444-7100
E-mail address: services@asbnow.com
Public Relations
Contact: Paul Van Ostenbridge
Business number: 201/444-7100
Industry: banking, financial industry
Trading Symbol/
Exchange: SSFN/OTC
Market Makers: Stewardship Financial Corporation is the holding
company for the Atlantic Stewardship Bank. Its stock trades on the
Bulletin Boards under SSFN. The following market makers have advised
that they would be pleased to assist you in the event you would like
to purchase stock.
FIA Capital Group, Inc. Herzog, Heine, Geduld, Inc.
J. Fellicetti James Corrao
119 Littleton Road 525 Washington Boulevard
Parsippany, NJ 07054 Jersey City, NJ 07310
800/875-0086 800/615-2711
Monroe Securities, Inc. First Institutional Securities,
R.J. Monroe LLC - P. Colben
47 State Street 3 Garret Mountain Plaza
Rochester, NY 14614 West Paterson, NJ 07424
800/766-5560 800/526-7485
Hill, Thompson, Magid, LP Ryan, Beck & Co.
Kevin Miller Mel Taub
15 Exchange Place Suite 8 220 South Orange Avenue
Jersey City, NJ 07302 Livingston, NJ 07039
800/631-3083 800/342-2325
Company description: Stewardship stewardship the occupation of being a steward or custodian. Referring to animals it implies the caring sort of relationship based on an acceptance of the need to include the rights of animals in overall plans to maintain financial viability. Financial Corporation (SFC SFC abbr. sergeant first class ), Midland Park, New Jersey Midland Park is a borough in Bergen County, New Jersey, United States. As of the 2000 Census, the borough's population was 6,947. Midland Park was incorporated as a borough on September 6, 1894, at the height of the Boroughitis , is the parent company of the Atlantic Stewardship Bank (ASB ASB Asbestos ASB Arbeiter Samariter Bund (German medical help organisation) ASB Anti-Social Behaviour ASB Accounting Standards Board (UK FRC) ASB Aarhus School of Business ), which opened September 1985. SFC has paid quarterly dividends each year since its inception. In addition, a stock dividend was paid each year for the past 4 years. The corporation's trading symbol Trading symbol See: Ticker symbol is SSFN SSFN Saudi Society for Food & Nutrition SSFN Session Setup Failure Notification and a history of the corporation can be viewed at the website: www.asbnow.com. ASB experienced tremendous growth in 2001. As of December 31, 2001, deposits were $255.7 million, a 21.7 percent growth while loans were $185.5 million, an 8.3 percent growth over the same period a year earlier. The capital position was $20.6 million, representing a 12.9 percent growth over December 31, 2000. ASB operates branches in Bergen, Morris and Passaic Counties, New Jersey. In addition to the 7 branches available in Hawthorne, Midland Park, Pequannock, Ridgewood, Waldwick, and Wayne (2), a second branch is planned to open late spring, 2002, in Hawthorne. ASB can now open accounts online from throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. at its interactive website, www.asbnow.com. This site provides a wealth of information about the bank's unique tithing In Western ecclesiastical law, the act of paying a percentage of one's income to further religious purposes. One of the political subdivisions of England that was composed of ten families who held freehold estates. concept, locations, and products. Customers can view their accounts, credit card activity, and discount brokerage A discount brokerage is a business that charges clients significantly lower fees than traditional brokerages, typically offering comparatively fewer services and/or advice. accounts on line. The site accomodates new deposit accounts and customers can apply online for consumer and residential mortgage loans. Although customers can bank with ASB from throughout the United States via online banking, ATMs, Debit Cards debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. , direct deposit, and automatic bill payments, our lending is restricted to northern New Jersey. ASB is a member of FDIC FDIC See: Federal Deposit Insurance Corporation FDIC See Federal Deposit Insurance Corporation (FDIC). and is an Equal Housing Lender The terms Equal Housing Lender and Equal Opportunity Lender are synonymous and refer to all FDIC insured banks in the United States. Such banks are prohibited from discriminating on the basis of race, color, religion, national origin, sex, handicap, or familial status. . The bank is a full service commercial bank offering a complete range of business services including commercial term loans and mortgages, lines of credit, letters of credit, and customers can choose the checking account suitable to their business needs. Our company is unique insamuch as it incorporated the Biblical concept of tithing, or sharing 10 percent of earnings with non-profit Christian organizations and local civic groups. We are pleased to announce that our Tithing Program increased to a record level in 2001. Thanks to the support of our shareholders, customers and our dedicated associates, we were able to give away over $350,000 representing a 9.7 percent increase over last year. Over $2,000,000 has been donated do·nate v. do·nat·ed, do·nat·ing, do·nates v.tr. To present as a gift to a fund or cause; contribute. v.intr. To make a contribution to a fund or cause. since the bank's inception 16 years ago. It is a blessing to be able to share 10 percent of our earnings annually with organizations attending to the physical, emotional and spiritual needs of others. If you would like more information about SFC or ASB, please call 877/844-BANK toll free or visit us online at www.asbnow.com. |
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