AFBI – Affinity Bancshares Inc
1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL
Affinity Bancshares, Inc. is a savings and loan holding company. The Company operates through its wholly owned subsidiary, Affinity Bank (the Bank). The Bank’s business consists of taking deposits from the general public and investing those deposits, together with funds generated from operations, in commercial real estate loans, commercial and industrial loans and residential real estate loans and, construction and land loans. The Bank offers customary banking services, such as consumer and commercial checking accounts, savings accounts, certificates of deposit, mortgage, commercial and consumer loans, including indirect automobile loans, and money transfers. It also invests in securities, which consist primarily of mortgage-backed securities and obligations issued by United States government-sponsored enterprises and Federal Home Loan Bank stock. It offers a variety of deposit accounts, including checking accounts, savings accounts, and certificates of deposit accounts.
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