Oconee Federal Financial is a savings and loan holding company. Through its subsidiary, Oconee Federal Savings and Loan Association, the company's principal business consists of accepting retail deposits from the general public in its market area and investing those deposits, together with funds generated from operations, in one-to-four family residential mortgage loans and nonresidential mortgage, construction and land, agricultural and other loans. In addition, the company provides a selection of deposit accounts, including demand accounts, negotiable order of withdrawal accounts, money market accounts, savings accounts, certificates of deposit and individual retirement accounts.
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