Waterfield Group

The Waterfield Group is a financial services holding company that was founded in 1928 by Richard H. Waterfield.[1][2][3] J. Randall Waterfield, a former manager at Goldman Sachs and grandson of Richard H. Waterfield, serves as the Waterfield Group’s chairman.[4] As of 2000, the Waterfield Group was the largest privately held mortgage company in the US.[5]

Waterfield Group
TypePrivate
IndustryFinancial services
Founded1928
FounderRichard H. Waterfield
Headquarters
Fort Wayne, Indiana
,
United States
Area served
Worldwide
ServicesInvestment banking
Trading & principal investments
Asset management

The Waterfield Group sold its mortgage company, Waterfield Mortgage, in December 2006 to Sky Financial Group.[6] In 2010, the Office of Thrift Supervision closed Waterfield Bank, which was majority-owned by the Waterfield Group.[7]

References
  1. "SMTC names Waterfield to board of directors". M2 EquityBites. April 24, 2012.
  2. Doug LeDuc (February 23, 2000). "Fort Wayne, Ind.-Based Bank's Subsidiary Opens Online Site". Knight Ridder.
  3. Robert Goldfield (October 15, 2001). "Home lender Waterfield arrives in Oregon". Portland Business Journal.
  4. "RF Industries Inks Agreement with Red Oak Partners". Entertainment Close-Up. September 1, 2011.
  5. "Fort Wayne, Ind., Mortgage Company Seeks Compensation for Fraud Scheme". Tribune Business News. February 26, 2000.
  6. "Sky closes deal, sees higher earnings". Dayton Business Journal. October 18, 2006.
  7. E. Scott Reckard (March 9, 2010). "FDIC shuts down Affinity-owned thrift in Maryland". Los Angeles Times.
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