Type Private Area served Worldwide Founded 1928 | Industry Financial services Founder Richard H. Waterfield | |
Headquarters Fort Wayne, Indiana, United States Services Investment banking
Trading & principal investments
Asset management | ||
The Waterfield Group is a financial services holding company that was founded in 1928 by Richard H. Waterfield. J. Randall Waterfield, a former manager at Goldman Sachs and grandson of Richard H. Waterfield, serves as the Waterfield Group’s chairman. As of 2000, the Waterfield Group was the largest privately held mortgage company in the US.
The Waterfield Group sold its mortgage company, Waterfield Mortgage, in December 2006 to Sky Financial Group. In 2010, the Federal Deposit Insurance Corporation closed Waterfield Bank, which was majority-owned by the Waterfield Group.
References
Waterfield Bank Wikipedia(Text) CC BY-SA