WEST END INDIANA BANCSHARES, INC. (OTCMKTS:WEIN) 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
On June 28, 2017, director Gregory C. Janzow resigned from the
boards of directors of the Company and of West End Bank, s.b.
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(a) |
Financial Statements of Businesses Acquired. Not applicable. |
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(b) |
Pro Forma Financial Information. Not applicable. |
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(c) |
Shell Company Transactions. Not applicable. |
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(d) |
Exhibits. Not applicable. |
About WEST END INDIANA BANCSHARES, INC. (OTCMKTS:WEIN)
West End Indiana Bancshares, Inc. is a savings and loan holding company for West End Bank, S.B. (the Bank). The Company’s business consists of attracting retail deposits from the general public in its market area and investing those deposits, together with funds generated from operations, and borrowings, in one- to four-family residential real estate loans, indirect automobile loans, commercial and multi-family real estate loans, and, to a lesser extent, second mortgages and equity lines of credit, construction loans and commercial business loans. It also purchases investment securities consisting of securities issued by the United States Government agencies and government-sponsored entities and mortgage-backed securities. Its lending activity is originating one- to four-family residential real estate loans, indirect automobile loans, commercial and multi-family real estate loans, second mortgages and equity lines of credit, construction loans and commercial business loans.