Stewardship Financial Corporation (NASDAQ:SSFN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Stewardship Financial Corporation (NASDAQ:SSFN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Effective June 30, 2017, Stewardship Financial Corporation announced the departure of Peter Ameen, Executive Vice President / Chief Operating Officer of Stewardship Financial Corporation (the “Corporation”).

About Stewardship Financial Corporation (NASDAQ:SSFN)

Stewardship Financial Corporation is a one-bank holding company for Atlantic Stewardship Bank (the Bank). The Company’s principal business is the ownership and supervision of the Bank. The Company, through the Bank, conducts commercial banking business and offers deposit services, including personal and business checking accounts and time deposits, money market accounts and regular savings accounts. It engages in a range of lending activities and offers commercial, consumer, residential real estate, home equity and personal loans. Its investment portfolio has been classified as securities held to maturity and securities available-for-sale. Its primary sources of funds are deposits, amortization and prepayments of loans and mortgage-backed securities, maturities of investment securities and funds provided by operations. The Bank’s subsidiaries include Stewardship Investment Corporation, Atlantic Stewardship Insurance Company, LLC and Stewardship Realty, LLC, among others.

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