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Clarkston Financial Corp. (CKFC.OB)On Nov 24: 0.75   0.00 (0.00%)  
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Clarkston Financial Corp.
6600 Highland Road
Suite 24
Waterford, MI 48327
United States - Map
Phone: 248-625-8585
Fax: 248-625-3320
Web Site: http://www.clarkstonstatebank.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Savings & Loans
Full Time Employees:N/A

BUSINESS SUMMARY 
Clarkston Financial Corporation operates as a holding company for Clarkston State Bank and Huron Valley State Bank, which provide commercial and consumer banking products and services for small and medium sized businesses, associations, financial institutions, individuals, and government authorities in Michigan. It accepts various deposit products, including interest bearing and non-interest bearing checking accounts, savings accounts, time deposits, transaction accounts, and time certificates. The company offers secured and unsecured commercial loans for operating purposes, acquisition of fixed assets, purchases of equipment and machinery, financing of inventory and accounts receivable; residential mortgage loans; and personal loans and lines of credit for various purposes, such as the purchase of automobiles, boats, and other recreational vehicles, as well as for home improvements and personal investments. It also provides telephone banking, night deposit, safe deposit box, ATM, and online banking services. As of April 26, 2007, Clarkston State Bank operated five branch offices and one loan center in Clarkston, Waterford, and Independence Township, located in North Oakland County, Michigan. The Huron Valley State Bank primarily serves Village of Milford, Milford Township, Commerce Township, White Lake Township, Highland Township, and Hartland Township in Oakland County, Michigan. The company was founded in 1998 and is based in Waterford, Michigan.
Key Statistics

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    KEY EXECUTIVES 
     PayExercised
    Mr. J. Grant Smith , 41
    Chief Exec. Officer, Pres, Sec., Director, Member of Exec. Committee, Member of Facilities Committee, Member of Personnel Committee, Chief Exec. Officer of Clarkston State Bank, Pres of Clarkston State Bank of Huron Valley State Bank
    $ 160.00K $ 0
    Mr. James W. Distelrath Cpa,
    Chief Financial Officer, Principal Accounting Officer, Chief Financial Officer of Clarkston State Bank, VP of Clarkston State Bank and Corp. Controller of Clarkston State Bank
    $ 100.00K $ 0
    Ms. Dawn M. Horner , 50
    Exec. VP of Retail Banking-Clarkston State Bank of Clarkston State Bank
    $ 150.00K $ 0
    Mr. Mark Murvay , 70
    Treasurer, Director, Member of Exec. Committee, Member of Facilities Committee, Member of Personnel Committee of Clarkston State Bank
    $ 0N/A
    Mr. Jack J. Shubitowski , 46
    Chief Exec. Officer of Huron Valley State Bank, Pres of Huron Valley State Bank of Huron Valley State Bank
    N/A N/A
    Dollar amounts are as of 31-Dec-06 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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