During the corresponding time, Atlantic Coast Financial Corp saw a revenue deteriorated by -7.21 % year on year, sequentially revenue fell by -0.69 %. While revenue at the Atlantic Coast Financial Corp's corporate clients
Atlantic Coast Financial's Comment on Sales, Marketing and Customers
The Bank’s primary deposit customers reside in Northeast Florida, Central
Florida and Southeast Georgia markets with our lending areas primarily covering
those same markets. The Bank operates seven branches and has its home and executive
office (which includes a stand-alone ATM) in greater Jacksonville, Florida, and
four branches in Southeast Georgia. The Florida branches include Jacksonville
Beach, Neptune Beach, the Southside of Jacksonville, Arlington, Julington Creek,
the Westside of Jacksonville, and Orange Park. The Georgia branches include Waycross
(two locations, one of which has a drive-up facility in addition to the branch),
Douglas and Garden City (Savannah). In addition to its branches, the Bank has
mortgage lending offices in Tampa, Florida, which opened early in 2016, Gainesville,
Florida, and Saint Simons Island, Georgia, and a commercial banking office in
Lake Mary (Orlando), Florida. The office in Lake Mary includes a small business
lending group, which primarily funds small business loans in Florida, Georgia,
North Carolina and South Carolina.
Atlantic Coast Financial’s Comment on Sales, Marketing and Customers
The Bank’s primary deposit customers reside in Northeast Florida, Central
Florida and Southeast Georgia markets with our lending areas primarily covering
those same markets. The Bank operates seven branches and has its home and executive
office (which includes a stand-alone ATM) in greater Jacksonville, Florida, and
four branches in Southeast Georgia. The Florida branches include Jacksonville
Beach, Neptune Beach, the Southside of Jacksonville, Arlington, Julington Creek,
the Westside of Jacksonville, and Orange Park. The Georgia branches include Waycross
(two locations, one of which has a drive-up facility in addition to the branch),
Douglas and Garden City (Savannah). In addition to its branches, the Bank has
mortgage lending offices in Tampa, Florida, which opened early in 2016, Gainesville,
Florida, and Saint Simons Island, Georgia, and a commercial banking office in
Lake Mary (Orlando), Florida. The office in Lake Mary includes a small business
lending group, which primarily funds small business loans in Florida, Georgia,
North Carolina and South Carolina.
Sources:
Atlantic Coast Financial Corp’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Atlantic Coast Financial Corp’s corporate clients.
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