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Atlantic Coast Federal Corporation (ACFC)On Nov 23: 1.30  Down 0.05 (3.70%)  
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Atlantic Coast Federal Corporation
505 Haines Avenue
Waycross, GA 31501
United States - Map
Phone: 800-342-2824
Web Site: http://www.acfederal.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Regional - Southeast Banks
Full Time Employees:176

BUSINESS SUMMARY 
Atlantic Coast Federal Corporation operates as the holding company for Atlantic Coast Bank that provides various banking services to individual and corporate customers primarily in southern coastal Georgia and northern coastal Florida. It generates various deposit products, including checking and savings accounts, money market accounts, demand deposit accounts, time deposit accounts, and term certificate accounts. The company also originates one- to four-family residential first and second mortgage loans, home-equity loans, land and multi-family real estate loans, commercial real estate loans, construction loans, and automobile and other consumer loans. As of December 31, 2008, it had 12 full-service offices and 1 drive-up facility; and a leased office space for the Florida regional center. The company was founded in 1939 and is headquartered in Waycross, Georgia. Atlantic Coast Federal Corporation is a subsidiary of Atlantic Coast Federal, MHC.
Key Statistics

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    CORPORATE GOVERNANCE 
    Atlantic Coast Federal Corporation's Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 84.4% of CGQ Universe companies and 72.5% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Robert J. Larison Jr., 52
    Chief Exec. Officer, Pres, Director, Chief Exec. Officer of Atlantic Coast Bank and Pres of Atlantic Coast Bank
    $ 237.00K $ 27.00K
    Mr. Thomas B. Wagers Sr., 51
    Chief Financial Officer, Sr. VP, Chief Financial Officer of Atlantic Coast Bank and Sr. VP of Atlantic Coast Bank
    $ 178.00KN/A
    Mr. Carl W. Insel , 45
    Exec. VP of Over Commercial Lending - Atlantic Coast Bank
    N/A N/A
    Ms. Tricia H. Echols , 39
    Georgia Market Pres
    N/A N/A
    Ms. Denise A. Horton , 47
    Jacksonville Market Pres of Atlantic Coast Bank
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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