Carnegie Bancorp

Carnegie Bancorp, is a bank holding company which owns and supervises the activities of Carnegie Bank, N.A. The bank is a commercial bank which provides commercial loans, commercial mortgages, loans to professionals secured by business or personal assets, and to a lesser extent, residential mortgage loans. The bank also offers a full array of deposit accounts including time deposits, checking and other demand deposit accounts, savings accounts and money market accounts. Interest and fees on loans accounted for 77% of 1997 revenues; other interest income, 20% and other non-interest income, 3%.