Lafayette Community Bancorp is a one-bank holding company incorporated in January of 1999. Lafayette's primary asset is the Bank, a wholly-owned banking subsidiary, which is an Indiana-chartered commercial bank. The business of the Bank consists primarily of attracting deposits from the general public and originating commercial, residential real estate, and consumer loans. Consumer loans include, among others, new and used automobile and other secured and unsecured personal loans. The Bank originates adjustable rate first mortgage loans, second mortgage loans and home equity lines of credit secured by single-family homes. The Bank offers commercial loans to area businesses, in addition to new home construction loans and business lines of credit. The principal sources of funds for the Bank's lending activities include deposits received from the general public, amortization and repayment of loans, and maturity of investment securities. Deposit Activities The Bank offers several types of deposit programs designed to attract both short-term and long-term savings by providing a wide assortment of accounts and rates. Service Area The primary service area served by Lafayette and the Bank is Tippecanoe County, Indiana, within which the cities of Lafayette and West Lafayette are located. The combined population of Lafayette and West Lafayette is approximately 73,000. This primary service area represents the geographic areas from which the Bank generates the majority of its business. The primary employers in the service area include Purdue University, Wabash National, Subaru-Isuzu Automotive, Inc., Caterpillar Inc., Home Hospital, Fairfield Manufacturing, Alcoa and Eli Lilly & Co. Business is also sought in Benton County, White County, Carroll County, Clinton County, Montgomery County, Warren County and Fountain County, Indiana.
lafayette community bancorp
(LFYC:OTC Markets Group Inc - Current Information)
301 South Street
Lafayette, IN 47901
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