ABC Bank

6400 W. North Avenue
Chicago, IL 60707

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 11694
Date Established 1891
Assets $0.35 billion
Loans $0.24 billion
Deposits $0.27 billion
Capital $0.04 billion

ABC Bank is an FDIC insured institution located in Chicago, IL. It was founded in 1891 and has approximately $0.35 billion in assets. Customers can open an account at one of its 5 branches.

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

Bank Loan Profile?

The top three loan types in ABC Bank’s loan portfolio are Commercial Real Estate, Small Business Loans, and Multifamily Mortgages.

Compared to other banks in Illinois, ABC Bank has a significantly higher percent of Multifamily Mortgages, Small Business Loans, Commercial Real Estate 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.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 13.76
Multifamily
Mortgages
24.09
Credit Card Loans 0.00
Consumer Auto Loans 0.08
Small Business Loans 29.83
Construction and Development Loans 7.40
Commercial Real Estate 54.15
Commercial and Industrial Loans 1.70
Farm Loans 0.00

Savings Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.10% $1,000 $99,999 Learn MoreShow Less
3 Mo CD 100K
0.10% $100,000 - Learn MoreShow Less
6 Mo CD 10K
0.15% $1,000 $99,999 Learn MoreShow Less
6 Mo CD 100K
0.15% $100,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Savings 2.5K
0.05% $100 - Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.20% $1,000 $99,999 Learn MoreShow Less
MM Rates APY MIN MAX
MM 2.5K
0.05% $1 $9,999 Learn MoreShow Less
MM 10K
0.05% $10,000 $49,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.05% $500 $4,999 Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for ABC Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2017

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
HomeDirect Mortgage
NMLS ID: 420821
3.888% 3.875% 0.13 $497 $1,176 Learn More
Cornerstone Home Lending
NMLS ID: 119622
License#: MC-4673
4.000% 4.000% 0.00 $0 $1,194 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2017

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.240% $217.33 Learn More

Note to ABC Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

ABC 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:
Ashburn,Virginia


Abc Bank Locations

Financial Details

ABC Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of ABC Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
ABC Bank U.S. Bank Average
17.57% 8.45

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 June 30, 2017, ABC Bank had $7,424,000 in non-current loans and $460,000 in owned real estate. To cover these potential losses it had $40,303,000 in equity and $4,581,000 in loans loss reserves. That gives it a Texas Ratio of 17.57%. 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
ABC Bank U.S. Bank Average
5.51% 8.58

ABC Bank has a Return on Equity of 5.51% versus the BestCashCow average of 8.58. 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
ABC Bank U.S. Bank Average
11.45% 12.11

ABC Bank has a Capitalization of 11.45% versus the BestCashCow average of 12.11. 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.

ABC Bank Balance Sheet Analysis

As of June 30, 2017, ABC Bank had assets of $352,014,000, loans of $244,015,000, and deposits of $272,378,000. 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.

Frequently Asked Questions About ABC Bank

Branches and Savings

Is ABC Bank FDIC insured?

Yes. It is covered under FDIC Certificate #11694.

Why does ABC Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are ABC Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is ABC Bank a commercial bank?

Yes

Where are ABC Bank locations?

See branch locations nearby.

Is ABC Bank open on Saturdays?

Is ABC Bank open on Sundays?

What time does ABC Bank open?

What time does ABC Bank close?

Are ABC Bank ATMs Open 24/7?

Do ABC Bank ATMs accept cash deposits?

Can ABC Bank customers use other ATMs?

Do ABC Bank branches have notaries?

Will ABC Bank notarize my document?

What address for ABC Bank should I put for incoming ACH transfers?

Will the ABC Bank branch print checks?

Do ABC Bank checks expire?

Does ABC Bank require US citizenship to open account?

Can ABC Bank close my account?

Does ABC Bank Report to credit bureaus?

Does ABC Bank Use Equifax?

What is ABC Bank's ACH Routing Number?

What is ABC Bank's SWIFT code?

Products

Does ABC Bank offer mortgages?

Compare mortgage rates here.

Does ABC Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does ABC Bank offer personal loans?

Compare personal loan rates here.

Does ABC Bank offer student loans?

Will ABC Bank cash a check?

Will ABC Bank redeem a savings bond?

Does ABC Bank cash savings bonds?

Will ABC Bank cash money orders?

Can ABC Bank issue a money order?

Does ABC Bank do currency exchange?

Background on The Bank

Who owns ABC Bank?

How long has ABC Bank been around?

Can ABC Bank transfer to other banks?

Does ABC Bank have quick pay?

Does ABC Bank accept rolled coins?

Will ABC Bank accept loose change?

Where is ABC Bank headquarters?

Customer Reviews for ABC Bank

There are currently no comments for ABC Bank. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →