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About
Waterstone Financial, Inc. operates as a bank holding company. The company through its subsidiary, WaterStone Bank SSB, provides principal lending activities, which includes originating one-to-four family and multi-family residential real estate loans for retention in its portfolio. It offers home equity loans and lines of credit, construction and land loans, commercial real estate and commercial business loans, and consumer loans. Waterstone Financial was founded in June 2013 and is headquartered in Wauwatosa, WI. | |||
Description
Waterstone Financial, Inc. operates as a bank holding company for WaterStone Bank SSB that provides various financial services to customers in southeastern Wisconsin. The company operates in two segments, Community Banking and Mortgage Banking. The Community Banking segment provides consumer and business banking products and services, such as deposit and transactional solutions, including checking, credit, debit and pre-paid cards, online banking and bill pay, and money transfer services; lending solutions comprising residential mortgages, home equity loans and lines of credit, personal and installment loans, real estate financing, business loans, and business lines of credit; and investable funds solutions consisting of savings, money market deposit accounts, IRA accounts, certificates of deposit, and fixed and variable annuities, and insurance products, as well as trust and investment management accounts. The Mortgage Banking segment offers residential mortgage loans for the purpose of sale on the secondary market. It operates 11 full-service banking offices, 1 drive-through office, and 11 automated teller machines located in Milwaukee, Washington, and Waukesha counties, Wisconsin, as well as a loan production office in Minneapolis, Minnesota. The company was formerly known as Wauwatosa Holdings, Inc. and changed its name to Waterstone Financial, Inc. in August 2008. Waterstone Financial, Inc. was founded in 1921 and is based in Wauwatosa, Wisconsin. |