Business: Madison County Financial, Inc. is the holding company for Madison County Bank. Madison County Bank is a chartered savings bank. The Company is reorganized into the mutual holding company structure by forming Madison County Holding Company (MHC), its federally chartered mutual holding company. MHC owns Madison County Financial Corporation is a federal stock corporation, which in turn owns 100% of Madison County Bank. The Company provides financial services to individuals, families and businesses through our six banking offices located in the Nebraska counties of Cedar, Boone, Knox, Madison and Pierce. Its principal business consists of retail deposits from the general public in its market area and investing those deposits, together with funds generated from operations, and borrowings, in agricultural real estate loans, one- to four-family residential real estate loans, agricultural and commercial non-real estate loans, commercial and multi-family real estate loans, and consumer loans.