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Wright Reports > Company Profile Report > N > New England Bancshares, Inc.

New England Bancshares, Inc. - Company Profile Snapshot

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Company Profile: New England Bancshares, Inc.
Ticker: NEBS
Exchanges: NAS
2009 Sales: 31,135,000
Major Industry: Financial
Sub Industry: Commercial Banks
Country: UNITED STATES
Employees: 117

Business Description
New England Bancshares, Inc.. The Group's principal activity is to provide banking services. It is a holding company for the Enfield Federal Savings and Loan Association. Its principal business is to attract deposits from the general public and invest those deposits in residential and commercial real estate loans and in consumer, construction, commercial and small business loans. It is lending activities includes four-family residential real estate loans, multi-family and commercial real estate loans, construction loans, consumer loans and commercial loans. The deposit activities includes non interest-bearing demand accounts such as checking accounts, interest-bearing demand accounts such as NOW and money market accounts, passbook and savings accounts and certificates of deposit. It also offer deposit accounts designed for the businesses operating in its market area.

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