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Oconee Federal Financial Corp. (OFED)

NasdaqCM - NasdaqCM Delayed Price. Currency in USD
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26.86-0.42 (-1.54%)
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Oconee Federal Financial Corp.

201 East North Second Street
Seneca, SC 29678
United States
864-882-2765
http://www.oconeefederal.com

SectorFinancial
IndustrySavings & Loans
Full Time Employees80

Key Executives

NameTitlePayExercisedAge
Mr. Curtis T. EvattCEO & Pres297.53kN/A45
Mr. Charles Todd LatiffChief Banking Officer and Exec. VP169.2kN/A43
Mr. Robert N. McLellan Jr.Sec. and Director31.2kN/A61
Mr. John W. Hobbs CPACFO and SVPN/AN/A54
Amounts are as of December 31, 2016 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. Currency in USD.

Description

Oconee Federal Financial Corp. operates as a holding company for Oconee Federal Savings and Loan Association that provides various banking products and services in the Oconee County area of northwestern South Carolina and the northeast area of Georgia. The company’s deposit products include demand, NOW, money market, savings, certificates of deposit, and individual retirement accounts. Its loan portfolio comprises one-to-four family residential real estate loans; multi-family real estate loans; nonresidential real estate loans secured by real estate mortgages on churches, owner-occupied and non-owner occupied commercial buildings of various types, retail and office buildings, hotels, and other business and industrial properties; construction and land loans; home equity loans and lines of credit; agricultural loans; commercial and industrial loans; and consumer loans for the purchase of automobiles and boats, and for other legitimate personal purposes. Oconee Federal Financial Corp. operates through its executive office and seven branch offices. The company was founded in 1924 and is based in Seneca, South Carolina. Oconee Federal Financial Corp. is a subsidiary of Oconee Federal, MHC.

Corporate Governance

Oconee Federal Financial Corp.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.