Clarkston Financial Corp.

• Public
• US

Dow Jones Description

Clarkston Financial Corporation was incorporated on May 18, 1998 under Michigan law and is a bank holding company owning all of the outstanding common stock of Clarkston State Bank. Clarkston State Bank is organized as a Michigan chartered bank with depository accounts insured by the Federal Deposit Insurance Corporation (the ?FDIC?). Clarkston State Bank?s initial primary service area is Independence Township, which includes the City of Clarkston, and the adjacent township of Waterford, both of which are located in North Oakland County, Michigan. Clarkston State Bank provides a full range of commercial and consumer banking services for small to medium size businesses as well as individuals. Clarkston State Bank?s lending strategy is to focus on commercial, consumer and residential real estate lending. Clarkston State Bank offers a broad array of deposit products and may also provide customers with trust services through third-party service providers. As of December 31, 2004, we had total assets of $163.4 million, total deposits of $133.3 million, approximately 7,139 deposit accounts and shareholders? equity of $12.2 million.

Chairman

Number of Employees 34

Contact Information

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