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We are excited to present Great American Bancorp, Inc. (OTC: GTPS).

Full DD Report for GTPS

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About Great American Bancorp, Inc. (OTC: GTPS)

Logo for Great American Bancorp, Inc. (OTC: GTPS)

Great American Bancorp, Inc. is the parent company of First Federal Savings Bank of Champaign Urbana, located in Illinois. Great American Bancorp, Inc. is a Delaware corporation and was organized in for the purpose of acquiring all of the capital stock of the Bank upon the Bank s conversion from the mutual to the stock form of organization. The Company s principal executive office is located at S. Neil St., Champaign, IL . Currently, the Company does not transact any material business except through the Bank. First Federal Savings was originally chartered in and became a federally chartered mutual savings institution in . Prior to changing its name to First Federal Savings Bank of Champaign Urbana in January , the Bank operated as the First Federal Savings and Loan Association of Champaign. The Bank operates through two full service offices located in Champaign and Urbana, Illinois. The Bank s principal business consists of the acceptance of retail deposits from the residents and small businesses surrounding its branch offices and the investment of those deposits, together with funds generated from operations, primarily in one to four family residential mortgage loans. The Bank also invests in multi family mortgage loans, commercial real estate loans, construction loans, land development loans and commercial and consumer loans. The Bank, from time to time, originates loans for sale during certain designated periods and, to a lesser extent, may sell loans from its portfolio. In addition to its lending activities, the Bank also invests in U.S. Treasury and Agency securities, local municipal securities, and mortgage backed securities. The Bank s revenues are derived principally from interest on its mortgage, consumer and commercial loans, and, to a lesser extent, interest and dividends on its securities. The Bank s primary sources of funds are deposits, principal and interest payments and principal prepayments on loans, proceeds from sales of one to four family mortgage loans, and proceeds from Federal Home Loan Bank advances. The Bank s primary market area consists of Champaign County, Illinois, which includes the cities of Champaign and Urbana. The economy in the Bank s primary market area is predominantly related to the University of Illinois, medical and health care related businesses, a major food processing operation and agriculture. The Bank provides a full range of retail banking services at each office, with emphasis on one to four family residential mortgage loans and consumer and commercial loans. The Bank also provides full service brokerage activities through a third party broker dealer. The Bank s subsidiary, Park Avenue Service Corporation, sells insurance products through the GTPS Insurance Agency. The Bank s deposits are insured by the Federal Deposit Insurance Corporation. Member FDIC / Equal Housing Lender


Contact Information



Current Management

  • George R. Rouse / President, CEO
  • Jane F. Adams / CFO, Secretary, Treasurer
  • Laura A. Ware / VP, Fin. amp Acct., Asst. Secretary

Current Share Structure

  • Market Cap: $14,198,551 - 03/09/2018
  • Authorized: 1,000,000 - 12/31/2016
  • Issue and Outstanding: 443,677 - 12/31/2016


Daily Technical Chart for (OTC: GTPS)

Daily Technical Chart for (OTC: GTPS)

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Disclaimer: DD Report publishes reports providing information on selected companies. DD Report is not a registered investment advisor or broker-dealer. This report is provided as an information service only, and the statements and opinions in this report should not be construed as an offer or solicitation to buy or sell any security. DD Report accepts no liability for any loss arising from an investors reliance on or use of this report. An investment in GTPS is considered to be highly speculative and should not be considered unless a person can afford a complete loss of investment. DD Report has received no compensation for the publication and circulation of this report. DD Report does not own any shares of GTPS and does not buy, sell, or trade any shares of GTPS. This report contains forward-looking statements, which involve risks, and uncertainties that may cause actual results to differ materially from those set forth in the forward-looking statements. Copyright 2018 by DD Report. All rights reserved. Our Full Disclaimer: