Nationwide Bank

1 Nationwide Plaza, 2-14-05
Columbus, OH 43215

General Bank Information

FDIC Insured Yes

FDIC Certificate # 34710

Date Established 1998

Nationwide Bank is an FDIC insured institution located in Columbus, OH. It was founded in 1998 and has approximately $6.02 billion in assets. Customers can open an account via one of its 2 branches.

Nationwide Bank Financial Size

Assets $6.02 billion
Loans $3.62 billion
Deposits $4.38 billion
Capital $0.53 billion

For a more detailed analysis of Nationwide Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 54.24
Multifamily
Mortgages
3.42
Credit Card Loans 4.45
Consumer Auto Loans 28.07
Small Business Loans 0.03
Construction and Development Loans 0.00
Commercial Real Estate 4.11
Commercial and Industrial Loans 1.98
Farm Loans 1.12



The top three loan types in Nationwide Bank’s loan portfolio are 1-4 Family Residential Loans, Consumer Auto Loans, and Credit Card Loans.

Compared to other banks in Ohio, Nationwide Bank has a significantly higher percent of Consumer Auto Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.


Your Current Location:
NEW JERSEY, NJ 07095


CD Rates APY Min Max More
3 Mo CD 10K 0.25% $10,000 $99,999
3 Mo CD 100K 0.30% $100,000 -
6 Mo CD 10K 0.30% $10,000 $99,999
6 Mo CD 100K 0.35% $100,000 -
12 Mo CD 10K 1.14% $10,000 $99,999
12 Mo CD 100K 1.19% $100,000 -
18 Mo CD 10K 1.06% $10,000 $99,999
18 Mo CD 100K 1.11% $100,000 -
24 Mo CD 10K 1.33% $10,000 $99,999
24 Mo CD 100K 1.38% $100,000 -
36 Mo CD 10K 1.50% $10,000 $99,999
36 Mo CD 100K 1.55% $100,000 -
48 Mo CD 10K 1.95% $10,000 $99,999
48 Mo CD 100K 2.00% $100,000 -
60 Mo CD 10K 2.25% $10,000 $99,999
60 Mo CD 100K 2.30% $100,000 -
Savings Rates APY Min Max More
Savings 2.5K 0.35% $1 -
Fixed IRA Rates APY Min Max More
Fixed IRA 0K 1.14% $1 $9,999
Variable IRA Rates APY Min Max More
Var IRA 0K 0.68% $1 $999
MM Rates APY Min Max More
MM 2.5K 0.68% $1,000 $9,999
MM 10K 0.68% $10,000 $24,999
MM 25K 0.68% $25,000 $49,999
Int Checking Rates APY Min Max More
Int Ckg 0K 0.10% $1 $2,499
Int Ckg 2.5K 0.20% $2,500 $9,999

Your Current Location:
NEW JERSEY, NJ 07095


BestCashCow tracks mortgage, home equity, and auto loan rates. In the future, we will be adding other loan products. Please contact the lender for questions about their loan products.


Home Equity Rates APR Rate Monthly Payment More
Line of Credit 4.25% 4.25% Varies
Auto Loan Rates APR Rate Monthly Payment More
3 Year 4.05% 4.05% $738.66
4 Year 4.05% 4.05% $565.04
5 Year 3.65% 3.65% $456.47
Refinance Mortgage Rates APR Rate Monthly Payment More
15 Year Fixed Conforming 3.33% 3.13% $1,393.70
15 Year Fixed Jumbo 4.30% 4.25% $1,504.56
30 Year Fixed Conforming 4.07% 4.00% $954.83
30 Year Fixed Jumbo 5.15% 5.13% $1,089.59
Purchase Mortgage Rates APR Rate Monthly Payment More
15 Year Fixed Conforming 3.33% 3.13% $1,393.70
15 Year Fixed Jumbo 4.30% 4.25% $1,504.56
30 Year Fixed Conforming 4.07% 4.00% $954.83
30 Year Fixed Jumbo 5.15% 5.13% $1,089.59


Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

Nationwide Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
WOODBRIDGE,NEW JERSEY



Nationwide Bank Locations

Nationwide Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Nationwide Bank. The data is provided by the FDIC. Please remember that all banks listed on BestCashCow.com are FDIC insured while all credit unions are similarly insured by the NCUA. No depositor has ever lost money while their funds have been insured by the FDIC or NCUA.

Nationwide Bank U.S. Bank Average
Texas Ratio 1.09% 10.62%

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of September 30, 2014, Nationwide Bank had $5,916,000 in non-current loans and $86,000 in owned real estate. To cover these potential losses it had $531,552,000 in equity and $17,267,000 in loans loss reserves. That gives it a Texas Ratio of 1.09%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity 9.54% 9.04%

Nationwide Bank has a Return on Equity of 9.54% versus the BestCashCow average of 9.04%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization 8.82% 11.20%

Nationwide Bank has a Capitalization of 8.82% versus the BestCashCow average of 11.20%. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Nationwide Bank Balance Sheet Analysis

As of September 30, 2014, Nationwide Bank had assets of $6,023,476,000, loans of $3,621,645,000, and deposits of $4,384,597,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

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