Logansport Financial Corp. (LOGN)

Overview

Logansport Financial Corp. serves as the parent company for Logansport Savings Bank, a financial institution dedicated to providing a wide array of banking products and services to both individual and business clients within Cass County, Indiana. Since its foundation in 1925, the company has stood firm in its commitment to meet the diverse financial needs of its community, distinguishing itself as a dependable local banking partner. Logansport Savings Bank is headquartered in Logansport, Indiana, reflecting its deep-rooted ties and dedication to the local community.

Products and Services

Personal Banking: Logansport Financial Corp. offers a comprehensive suite of personal banking solutions designed to cater to the varied needs of its individual clients. These services include:

• Checking and Savings Options: A variety of checking and savings accounts, such as rite accounts, NOW accounts, savings accounts, and health savings accounts. Furthermore, the institution provides certificates of deposit and individual retirement accounts to support long-term financial planning and savings.
• Loan Services: A wide range of loan products, including mortgage loans, home equity lines of credit, home improvement loans, construction loans, and loans for commercial buildings and farms. The bank also offers consumer loans for purposes like education and car purchases, as well as financing for single family and multi-family dwellings.
• Additional Services: Overdraft protection, along with advanced online and mobile banking services to enable easy and convenient account management.

Business and Commercial Banking: Complementing its personal banking services, Logansport Financial Corp. also delivers a robust suite of business and commercial banking products designed to support the financial operations and growth of businesses. These include:

• Account Options: Business and commercial checking accounts, commercial savings accounts/certificates of deposit, money market accounts, commercial sweep accounts, and a comprehensive set of treasury management services such as ACH debit/credit capabilities, electric federal tax payment systems, and remote deposit banking services.
• Financing Solutions: Tailored financial solutions like revolving or seasonal lines of credit, equipment financing through term loans, and commercial real estate mortgages for business expansion or acquisition. Additionally, the company offers commercial letters of credit, guaranteed loans, and specialized agricultural loans to support specific industry needs.
• Merchant Services: Essential services for business operations, including remote banking, merchant card services, wires, coin services, night deposit bags, and more, to streamline daily business transactions and financial management.