Oconee Federal Financial Corp. (OFED)

12.82 0.00 (0.00%) At close: 02:43PM EDT

Oconee Federal Financial Corp.

201 East North Second Street
Seneca, SC 29678
United States
864 882 2765
https://www.oconeefederal.com

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Curtis T. Evatt	President, CEO & Director	369.39k	N/A	1972
Mr. John W. Hobbs CPA	Executive VP & CFO	219.07k	N/A	1963
Mr. David H. Stafford	Executive VP & COO	232.56k	N/A	1977
Mr. Charles Todd Latiff	Executive VP & Chief Banking Officer	255.13k	N/A	1974
Mr. Harry B. Mays Jr.	Secretary & Independent Director	36.54k	N/A	1947
Mr. Scott J. Merriam	Senior VP & Commercial Loan Officer	N/A	N/A	N/A
Ms. Cynthia H. Swafford	Senior VP & Business Development Officer	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Oconee Federal Financial Corp. operates as a holding company for Oconee Federal Savings and Loan Association that provides various banking products and services in the Oconee and Pickens County areas of northwestern South Carolina, and the northeast area of Georgia in Stephens County and Rabun County. It offers deposit products, including demand, money market, NOW, savings, and individual retirement accounts, as well as certificates of deposit. The company's loan portfolio comprises one-to-four family residential and multi-family real estate loans; home equity loans and lines of credit; nonresidential real estate loans; mortgage loans; construction and land loans; commercial and industrial loans; agricultural loans; and consumer and other loans, such as installment loans for various consumer purposes, including the purchase of automobiles, boats, and other legitimate personal purposes. Oconee Federal Financial Corp. was founded in 1924 and is based in Seneca, South Carolina. Oconee Federal Financial Corp. operates a subsidiary of Oconee Federal, MHC.

Corporate governance

Oconee Federal Financial Corp.’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.