Citizens Community Bancorp, Inc. (CZWI) insider have most recently took part in a trading activity. On Aug 24, 2017 Bianchi Stephen M, CEO and President bought 8,000 shares having total worth of $110,800 at the price of $13.85 per share, following the transaction a total of 34,586 shares owned by Bianchi Stephen M. Before this latest buy, Bianchi Stephen M purchased CZWI at 4 other times during the past twelve months, for a total investment of $58,653 at an average of $11.06 per share.
Furthermore, over the past 12 months , the stock was traded 6 times by insiders. In 1 of these trades, the insider was a seller while an employee of the company was the buyer in 5 instances.
Shares of Citizens Community Bancorp, Inc. (CZWI) traded down 1.08% on Aug 24, 2017, hitting $13.76. 11,223 shares of the company’s stock traded hands. Citizens Community Bancorp, Inc. has a 52 week low of $8.86 and a 52 week high of $14.33. The company’s market cap is $58 million.
Citizens Community Bancorp, Inc., is a Maryland corporation organized in 2004. The Company is a unitary savings and loan holding company and was subject to regulation by the Office of Thrift Supervision through July 21, 2011 and has been subject to regulation by the Office of the Comptroller of the Currency and Federal Reserve Bank thereafter. The Company’s main activities consist of holding the stock of its wholly-owned subsidiary bank, Citizens Community Federal, and providing consumer banking activities through the Bank. The Bank is a federally chartered stock savings institution with 26 full-service offices; seven stand-alone locations and 19 in-store branches, predominantly in Wal-Mart Supercenter stores. Through all of its branch locations, it provides a range of consumer banking products and services to customers primarily in Wisconsin, Minnesota and Michigan. It offers a variety of loan products including residential mortgages, home equity lines-of-credit and consumer loans secured by personal property. It makes real estate and consumer loans in accordance with the basic lending policies established by Bank management and approved by its Board of Directors. A majority of the Bank’s first mortgage loans also contain a payable-on-demand clause, which allows the Bank to call the loan due after a stated period, usually between two and five years from origination. It focuses its lending activities on individual consumers within its market areas. It maintain a portfolio of investments, consisting primarily of U.S. Government sponsored agency securities, bonds and other obligations issued by states and their political subdivisions and non-agency mortgage-backed securities. It attempt to balance its portfolio to manage interest rate risk, regulatory requirements, and liquidity needs while providing an appropriate rate of return commensurate with the risk of the investment. It offers a range of deposit products through its branches, including demand deposits, various savings and money-market accounts and certificates of deposit. Deposits are insured by the Deposit Insurance Fund of the Federal Deposit Insurance Corporation (‘FDIC’) up to statutory limits. It competes with other financial institutions and businesses both in attracting and retaining deposits and making loans in all of its principal markets. It also faces direct competition from other savings banks and their holding companies that have greater assets and resources than ours. The Company and the Bank are also regulated by the FDIC. The Bank is required to have certain reserves set by the Federal Reserve Board and is a member of the Federal Home Loan Bank of Chicago, which is one of the 12 regional banks in the Federal Home Loan Bank System.
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