AIG Federal Savings Bank

Headquarters

503 Carr Road, Suite 130
Wilmington, DE 19809
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.02% →
1-Year CD N.A. 2.15% →
2-Year CD N.A. 2.62% →
5-Year CD N.A. 3.00% →
30-Year Mortgage N.A. 2.81% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2022 Overview

General Bank Information

AIG Federal Savings Bank is an FDIC insured institution located in Wilmington, DE. It was founded in 2000 and has approximately $0.04 billion in assets.

FDIC Insured Yes
FDIC Certificate # 35267
Date Established 2000
Assets $ 39.40 million
Loans N.A.
Deposits $ 0.50 million
Capital $ 38.16 million
 

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

Deposit Rates - May 17, 2022

Your Current Location: Connecticut, CT 06828

Bank Online Offers

 

Loan Rates - May 17, 2022

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for AIG Federal Savings Bank

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




Featured - Connecticut 30 Year Fixed Mortgage Rates 2022

Lender APR Rate (%) Monthly
Payment
Learn More
Better.com
NMLS ID: 330511
5.208% 5.125%
1.00 points
$2,345 fees
$1,362 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2022

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR 3.490 %
After Intro: 4.500 %
Intro Period: 12 months
$25,000 Learn More
More Info

Note to AIG Federal Savings Bank
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Branches

AIG Federal Savings 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:
Fairfield,Connecticut


AIG Federal Savings Bank Locations



Climate Initiatives

AIG Federal Savings Bank is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

Financial Details

AIG Federal Savings Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of AIG Federal Savings 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
AIG Federal Savings Bank U.S. Bank Average
0% 3.95%

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 December 31, 2021, AIG Federal Savings Bank had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $38,161,000 in equity and $0 in loans loss reserves. That gives it a Texas Ratio of 0%.

Return on Equity
AIG Federal Savings Bank U.S. Bank Average
6.64% 10.50%

AIG Federal Savings Bank has a Return on Equity of 6.64% versus the BestCashCow average of 10.50%. 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
AIG Federal Savings Bank U.S. Bank Average
96.85% 11.55%

AIG Federal Savings Bank has a Capitalization of 96.85% versus the BestCashCow average of 11.55. 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.

AIG Federal Savings Bank Balance Sheet Analysis

As of December 31, 2021, AIG Federal Savings Bank had assets of $39,404,000, loans of $0, and deposits of $500,000. 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

December 31, 2021
ASSETS
Cash & Balances due from depository institutions $ 0.88 million
Interest-bearing balances N.A.
Total securities $ 37.87 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases N.A.
Loan loss allowance N.A.
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 0.48 million
     Total Assets $ 1.24 million
LIABILITIES
Total deposits $ 0.50 million
      Interest-bearing deposits $ 0.50 million
      Deposits held in domestic offices $ 0.50 million
      % insured (estimated) 50.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.74 million
      Total Liabilities $ 1.24 million
      Shareholders’ Equity $ 38.16 million

Summary Income Statement

December 31, 2021
INCOME AND EXPENSES
Total Interest Income $ 0.10 million
Total Interest Expense N.A.
Net interest income $ 0.10 million
Provision for loan and lease losses N.A.
Total non interest income $ 5.16 million
Total non interest expense $ 2.02 million
Pre-tax Net Operating Income $ 3.24 million

Bank Loan Profile?

The top three loan types in AIG Federal Savings Bank’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, AIG Federal Savings Bank’s loan portfolio does not show any specific loan specialty.

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 nan
Multifamily
Mortgages
nan
Credit Card Loans nan
Consumer Auto Loans nan
Small Business Loans nan
Construction and Development Loans nan
Commercial Real Estate nan
Commercial and Industrial Loans nan
Farm Loans nan

Customer Reviews for AIG Federal Savings Bank


  • March 18, 2015

    i got a check from my late wifes account. i need to know where i can cash the check.

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