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TTFS Financial CORP

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TFS Financial CORP

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  • Financial statements
  • Metrics
  • Quarterly earnings
  • Similar companies
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  • News
  • Insider Transactions

Company history

1938 - Founded in Cleveland by Ben S. Stefanski and his wife, with $50,000 in assets.

1948 - Assets total $9.7 million

1958 - Merged with Lincoln Heights Savings and Loan, thereby expanding services to Tremont, a neighborhood south of downtown.

1963 - Has over 65,000 customers and $150 million in assets

1977 - Won a controversial lawsuit against the Fireman's Fund Insurance Company and was awarded $100,000 in damages

1982 - Marc A. Stefanski appointed Vice President of Operations

1983 - 16 Branch offices and over $1 billion in assets

1987 - Now worth $2 billion, Ben S. Stefanski departs, Marc A. announced as President & CEO

1988 - Bauer gives it first of 5-star ratings. The company has achieved that rating each quarter since that time

1989 - named best operated Savings and Loan in the country, by the FDIC in Washington.

1999 - purchased OceanMark Bank in Florida for 12.5 million

2007 - TFSL goes public and starts trading on the NASDAQ

2008 - Reaches agreement with Federal Regulators over loan portfolio during housing crisis

2013 - $11 billion in assets, Major developer of Trailside Slavic Village

2019 - Holds over $14.5 billion in assets with 45 branches, 7 loan offices and a network of Jeanie ATMs

Source: Wikipedia
  • Overview
  • Financial statements
  • Metrics
  • Quarterly earnings
  • Similar companies
  • History
  • Insider Transactions