Description
West End Indiana Bancshares, Inc. operates as the holding company for West End Bank, S.B., a saving bank, provides various financial products and services to individuals, families, and businesses in Indiana. The company offers various deposit accounts, such as non-interest-bearing and interest-bearing checking accounts, NOW accounts, money market accounts, savings accounts, and certificates of deposit. It also provides various loan products, including one-to four-family residential real estate loans, indirect automobile loans, commercial and multi-family real estate loans, second mortgages and equity lines of credit, construction loans, and direct consumer loans, as well as commercial business loans consisting of term loans, regular lines of credit, and revolving lines of credit to finance short-term working capital needs. In addition, the company purchases investment securities, such as small business administration loan pools, municipal bonds, and mortgage-backed securities. It operates through a network of four banking offices located in Union and Wayne counties, Indiana; and limited service branches located in the elementary schools and high school in Richmond, Indiana. West End Indiana Bancshares, Inc. was founded in 1894 and is headquartered in Richmond, Indiana.