A savings and loan holding company, which is engaged in the savings and loan business through its wholly-owned banking subsidiary, AnchorBank, fsb.
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Savings and loan business model is not a stellar performer. Especially with real estate markets doing what they are, there is little room here for breakout profits. Not making a judgement on how well ABCW does business or how well they serve their customers. Hopefully it excels at both, however, I don't expect them to outperform the market at large.