Insider Trader Watch: Citizens Community Bancorp, Inc. $CZWI

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Citizens Community Bancorp, Inc. (CZWI) insiders have most recently took part in a trading activity. On Nov 21, 2017 Broucek James S, CFO bought 500 shares having total worth of $6,695 at the price of $13.39 per share, following the transaction a total of 6,800 shares owned by Broucek James S. Before this latest buy, Broucek James S purchased CZWI at 2 other times during the past twelve months, for a total investment of $31,011 at an average of $13.44 per share.

On the same day, Bianchi Stephen M, CEO and President bought 200 shares having total worth of $2,696 at the price of $13.48 per share, following the transaction a total of 39,345 shares owned by Bianchi Stephen M. Before this latest buy, Bianchi Stephen M purchased CZWI at 7 other times during the past twelve months, for a total investment of $186,189 at an average of $13.66 per share.

The stock has experienced a total of 15 insider trades in the past three months. These trades include 15 buy trades. Furthermore, over the past 12 months , the stock was traded 16 times by insiders. an employee of the company was the buyer in 16 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 15 0 -4.42%
12 Month 16 0 39.58%

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.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.