Wake Forest Bancshares, Inc - WAKE

Wake Forest Bancshares, Inc. operates as the holding company for Wake Forest Federal Savings & Loan Association that provides various banking products and services. It offers now checking accounts, money market accounts, passbook savings accounts, IRAs, and certificates of deposit. The company’s loan portfolio includes fixed mortgage loans, balloon mortgages, home equity loans, construction loans, commercial real estate mortgages, and commercial lines of credit, as well as loans secured by residential investment properties and land, and deposit loans. Wake Forest Bancshares, Inc. also provides Internet banking, night deposit, and ATM services. The company was founded in 1922 and is based in Wake Forest, North Carolina. Wake Forest Bancshares, Inc. is a subsidiary of Wake Forest Bancorp, M.H.C.