HopFed Bancorp Inc serves as a savings and loan holding company. It attracts deposits from the general public and invests it in loans secured by single family residential real estate and investment securities, including United States Government and agency securities, municipal and corporate bonds, collateralized mortgages obligations, and mortgage-backed securities. The bank originates single-family residential/construction loans and multi-family and commercial real estate loans, as well as loans secured by deposits, other consumer loans and commercial loans. It generates majority of its revenue from loan and deposit portfolios.
Benzinga is a fast-growing, dynamic and innovative financial media outlet that empowers investors with high-quality, unique content.