Access Bank

Headquarters

8712 West Dodge Road
Omaha, NE 68114
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 0.95% →
1-Year CD 0.50% 1.01% →
2-Year CD 0.65% 0.95% →
5-Year CD 0.85% 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Access Bank is an FDIC insured institution located in Omaha, NE. It was founded in 2007 and has approximately $0.61 billion in assets. Customers can open an account at one of its 8 branches.

FDIC Insured Yes
FDIC Certificate # 58727
Date Established 2007
Assets $ 612.87 million
Loans $ 493.11 million
Deposits $ 512.55 million
Capital $ 78.25 million
 

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

Deposit Rates - October 28, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.10% $10,000 $14,999 Learn More
Money Market
0.20% $25,000 $29,999 Learn More
Premium Money Market Account
0.25% $10,000 $14,999 Learn More
Premium Money Market Account
0.25% $25,000 $34,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.10% $10,000 $14,999 Learn More
3 Mo CD
0.10% $100,000 $199,999 Learn More
6 Mo CD
0.35% $10,000 $14,999 Learn More
6 Mo CD
0.35% $100,000 $199,999 Learn More
12 Mo CD
0.50% $10,000 $14,999 Learn More
12 Mo CD
0.50% $100,000 $199,999 Learn More
18 Mo CD
0.65% $10,000 $14,999 Learn More
18 Mo CD
0.65% $100,000 $199,999 Learn More
24 Mo CD
0.65% $10,000 $14,999 Learn More
24 Mo CD
0.65% $100,000 $199,999 Learn More
36 Mo CD
0.75% $10,000 $14,999 Learn More
36 Mo CD
0.75% $100,000 $199,999 Learn More
48 Mo CD
0.80% $10,000 $14,999 Learn More
48 Mo CD
0.80% $100,000 $199,999 Learn More
60 Mo CD
0.85% $10,000 $14,999 Learn More
60 Mo CD
0.85% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.10% $2,500 $3,499 Learn MoreShow Less

Loan Rates - October 28, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Access 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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.669% 2.625% 0.63 $1,450 $1,005 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

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

Branches

Access 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


Access Bank Locations


Financial Details

Access Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Access 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
Access Bank U.S. Bank Average
1.53% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, Access Bank had $1,315,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $78,254,000 in equity and $7,478,000 in loans loss reserves. That gives it a Texas Ratio of 1.53%.

Return on Equity
Access Bank U.S. Bank Average
9.35% 7.80%

Access Bank has a Return on Equity of 9.35% versus the BestCashCow average of 7.80%. 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
Access Bank U.S. Bank Average
12.77% 12.68%

Access Bank has a Capitalization of 12.77% versus the BestCashCow average of 12.68. 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.

Access Bank Balance Sheet Analysis

As of March 31, 2020, Access Bank had assets of $612,865,000, loans of $493,112,000, and deposits of $512,552,000. 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.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 41.40 million
Interest-bearing balances $ 36.33 million
Total securities $ 46.69 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 493.11 million
Loan loss allowance $ 7.48 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 11.74 million
All other assets $ 10.09 million
     Total Assets $ 534.61 million
LIABILITIES
Total deposits $ 512.55 million
      Interest-bearing deposits $ 344.69 million
      Deposits held in domestic offices $ 512.55 million
      % insured (estimated) 49.03%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 17.66 million
Subordinated debt N.A.
All other liabilities $ 4.40 million
      Total Liabilities $ 534.61 million
      Shareholders’ Equity $ 78.25 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 6.98 million
Total Interest Expense $ 0.99 million
Net interest income $ 5.98 million
Provision for loan and lease losses $ 0.23 million
Total non interest income $ 1.32 million
Total non interest expense $ 4.88 million
Pre-tax Net Operating Income $ 2.20 million

Bank Loan Profile?

The top three loan types in Access Bank’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and 1-4 Family Residential Loans.

Compared to other banks in Nebraska, Access Bank has a significantly higher percent of Small Business Loans, Construction and Development 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 18.97
Multifamily
Mortgages
5.38
Credit Card Loans 0.00
Consumer Auto Loans 0.14
Small Business Loans 10.24
Construction and Development Loans 13.24
Commercial Real Estate 38.59
Commercial and Industrial Loans 21.85
Farm Loans 1.66

Frequently Asked Questions About Access Bank

Branches and Savings

Is Access Bank FDIC insured?

Yes. It is covered under FDIC Certificate #58727.

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

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

Why are Access Bank CD rates not competitive?

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

Is Access Bank a commercial bank?

Yes

Where are Access Bank locations?

See branch locations nearby.

Is Access Bank open on Saturdays?

Is Access Bank open on Sundays?

What time does Access Bank open?

What time does Access Bank close?

Are Access Bank ATMs Open 24/7?

Do Access Bank ATMs accept cash deposits?

Can Access Bank customers use other ATMs?

Do Access Bank branches have notaries?

Will Access Bank notarize my document?

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

Will the Access Bank branch print checks?

Do Access Bank checks expire?

Does Access Bank require US citizenship to open account?

Can Access Bank close my account?

Does Access Bank Report to credit bureaus?

Does Access Bank Use Equifax?

What is Access Bank's ACH Routing Number?

What is Access Bank's SWIFT code?

Products

Does Access Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Access Bank offer personal loans?

Compare personal loan rates here.

Does Access Bank offer student loans?

Will Access Bank cash a check?

Will Access Bank redeem a savings bond?

Does Access Bank cash savings bonds?

Will Access Bank cash money orders?

Can Access Bank issue a money order?

Does Access Bank do currency exchange?

Background on The Bank

Who owns Access Bank?

How long has Access Bank been around?

Can Access Bank transfer to other banks?

Does Access Bank have quick pay?

Does Access Bank accept rolled coins?

Will Access Bank accept loose change?

Where is Access Bank headquarters?

Customer Reviews for Access Bank


  • September 23, 2019

    Access not. A good bank...whenever you save money to it their won't be any issue or problem but if you try to withdraw your money they will be telling you that you need to authorize....

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