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OAK Financial Corp. (OKFC.OB)At 9:44AM ET: 18.55   0.00 (0.00%)  
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OAK Financial Corp.
2445 84th Street SW
Byron Center, MI 49315
United States - Map
Phone: 616-878-1591
Web Site: http://www.BankAtByron.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Regional - Midwest Banks
Full Time Employees:161

BUSINESS SUMMARY 
O.A.K. Financial Corporation operates as the holding company for Byron Bank that provides commercial and personal banking services in west Michigan. It offers various deposit products, including business and consumer checking accounts, regular and money market savings accounts, and certificates of deposit. The company also provides real estate, consumer, and commercial loans. In addition, O.A.K. Financial Corporation offers safe deposit boxes, Internet banking, electronic ATM banking, telephone banking, and other electronic banking services. Further, the company offers mutual fund products, securities brokerage services, retirement planning services, investment management, and advisory services, as well as provides property and casualty, life, disability, long-term care, and title insurance. As of July 17, 2009, it operated 14 banking offices serving 14 communities in Kent, Ottawa, and Allegan counties in west Michigan. O.A.K. Financial Corporation was founded in 1921 and is based in Byron Center, Michigan.
Key Statistics

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    CORPORATE GOVERNANCE 
    OAK Financial Corp.'s Corporate Governance Quotient (CGQ®) as of 1-Dec-09 is better than 24.3% of CGQ Universe companies and 11% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Pat Gill , 57
    Chief Exec. Officer, Pres, Exec. Director, Chairman of Loan Committee, Chairman of Asset & Liability Committee, Member of Exec. Committee, Member of Human Resource Committee, Chief Exec. Officer of Byron Centre State Bank, Pres of Byron Centre State Bank of Byron Bank
    $ 285.00K $ 0
    Mr. James Luyk , 46
    Chief Operating Officer, Chief Financial Officer, Exec. VP, Chief Operating Officer of Byron Centre State Bank, Chief Financial Officer of Byron Centre State Bank and Exec. VP of Byron Centre State Bank
    $ 180.00K $ 0
    Mr. Joel F. Rahn , 42
    Chief Lending Officer, Exec. VP, Chief Lending Officer of Byron Bank and Exec. VP of Byron Bank
    $ 163.00K $ 0
    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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