The Union Federal Bank of Indianapolis is one of the biggest full service federal savings banks of Indiana. In Indiana itself, it has more than 40 branches. The Waterfield Insurance Agency offers life insurance, annuities, property insurance and casualty insurance and it is a full service insurance company. Waterfield Financial Corporation is a company which provides services related to mortgage loan origination.
The retail operations of Waterfield Financial Corporation are spread all over the United States. Waterfield also offers services related to wholesale mortgage origination across the country. The consolidated mortgage businesses of the Waterfield Group of Companies are regarded as the biggest privately held mortgage business in the U.S.
Waterfield also has some subsidiary companies which offer services and products related to securities brokerage and reinsurance.
In 2006, the mortgage business of the company was sold and Waterfield Mortgage Company was acquired by Sky Financial Group, Inc., which is a holding company specializing in financial services based in Bowling Green, Ohio. The products and services of Sky Financial Group include business services, personal finance, wealth management, and insurance. In 2006, American Home Mortgage acquired Waterfield Financial Corporation. American Home Mortgage was incorporated in 1987 and its headquarter is located at Mellville, New York.
The products and services of American Home Mortgage are the following:
- Adjustable Rate Mortgages (ARM)
- Fixed Rate Mortgages (FRM)
- Balloon Mortgages
- Buy-down Mortgages
- FHA (Federal Housing Administration) Loans
- VA (Veterans Administration) Loans
- Home Federal Bancorp
- Monroe Bancorp
- MutualFirst Financial
Waterfield Mortgage Company
7500 West Jefferson Boulevard
Fort Wayne, IN 46804
Key Person: Donald Sherman, President and Chief Executive Officer
Phone: 260-434-8411
Fax: 260-459-5383
