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BEACON FEDERAL BANCORP, INC. (BFED) SVP & COO Darren T. Crossett sells 10,000 Shares

December 10, 2009 | About:

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SVP & COO of BEACON FEDERAL BANCORP, INC. (BFED) Darren T. Crossett sells 10,000 shares of BFED on 12/09/2009 at an average price of $9.5 a share.

Beacon Federal Bancorp, Inc. is a federally chartered savings association, operating as the bank holding company for Beacon Federal that provides various financial services in New York, Massachusetts, Tennessee, and Texas. The company offers various deposit products, including savings accounts, certificates of deposit, NOW accounts, money market accounts, non-interest bearing checking accounts, and individual retirement accounts. It also offers loan products, such as one-to four-family residential mortgage loans, consumer loans, home equity loans, commercial real estate loans, multi-family mortgage loans, and commercial business loans. In addition, the company sells insurance and investment products, and tax-preparation services. It provides its services to individual and commercial customers through its main office in East Syracuse, New York, and from its six full-service branches located in Marcy and Rome, New York; Smartt and Smyrna, Tennessee; Tyler, Texas; and Chelmsford, Beacon Federal Bancorp, Inc. has a market cap of $64.1 million; its shares were traded at around $9.6 with and P/S ratio of 1.1. The dividend yield of Beacon Federal Bancorp, Inc. stocks is 2.1%.

BFED is in the portfolios of John Keeley of Keeley Fund Management.

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