Albany Bank and Trust Company National Association

3424 West Lawrence Avenue
Chicago, IL 60625

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 17230
Date Established 1953
Assets $0.59 billion
Loans $0.44 billion
Deposits $0.50 billion
Capital $0.09 billion

Albany Bank and Trust Company National Association is an FDIC insured institution located in Chicago, IL. It was founded in 1953 and has approximately $0.59 billion in assets. Customers can open an account at one of its 4 branches.

For a more detailed analysis of Albany Bank and Trust Company National Association'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 Albany Bank and Trust Company National Association’s loan portfolio are Commercial Real Estate, Multifamily Mortgages, and Construction and Development Loans.

Compared to other banks in Illinois, Albany Bank and Trust Company National Association has a significantly higher percent of Multifamily Mortgages, 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 7.36
Multifamily
Mortgages
32.43
Credit Card Loans 0.00
Consumer Auto Loans 0.08
Small Business Loans 11.92
Construction and Development Loans 12.55
Commercial Real Estate 38.50
Commercial and Industrial Loans 9.97
Farm Loans 0.00

Savings Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.55% $5,000 - Learn MoreShow Less
6 Mo CD 10K
0.75% $5,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Special: SAV
1.00% $500 - Learn MoreShow Less
Savings 2.5K
0.20% $500 - Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
1.05% $500 - Learn MoreShow Less
Special: 15 Mo FIRA
1.50% $5,000 - Learn MoreShow Less
Special: 36 Mo FIRA
2.00% $5,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA 0K
1.16% $500 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 10K
0.20% $2,500 $24,999 Learn MoreShow Less
MM 25K
0.20% $25,000 $49,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.20% $1,000 - Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Albany Bank and Trust Company National Association

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
Cornerstone Home Lending
NMLS ID: 119622
License#: MC-4673
4.000% 4.000% 0.00 $0 $1,194 Learn More
PenFed Credit Union
NMLS ID: 401822
3.957% 3.875% 0.00 $2,500 $1,176 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 Albany Bank and Trust Company National Association
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Albany Bank and Trust Company National Association 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


Albany Bank And Trust Company National Association Locations

Financial Details

Albany Bank and Trust Company National Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Albany Bank and Trust Company National Association. 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
Albany Bank and Trust Company National Association U.S. Bank Average
3.86% 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, Albany Bank and Trust Company National Association had $3,578,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $88,652,000 in equity and $3,994,000 in loans loss reserves. That gives it a Texas Ratio of 3.86%. 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
Albany Bank and Trust Company National Association U.S. Bank Average
4.89% 8.58

Albany Bank and Trust Company National Association has a Return on Equity of 4.89% 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
Albany Bank and Trust Company National Association U.S. Bank Average
14.96% 12.11

Albany Bank and Trust Company National Association has a Capitalization of 14.96% 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.

Albany Bank and Trust Company National Association Balance Sheet Analysis

As of June 30, 2017, Albany Bank and Trust Company National Association had assets of $592,620,000, loans of $435,822,000, and deposits of $501,557,000. 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 Albany Bank and Trust Company National Association

Branches and Savings

Is Albany Bank and Trust Company National Association FDIC insured?

Yes. It is covered under FDIC Certificate #17230.

Why does Albany Bank and Trust Company National Association pay such low interest on savings accounts?

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

Why are Albany Bank and Trust Company National Association CD rates not competitive?

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

Is Albany Bank and Trust Company National Association a commercial bank?

Yes

Where are Albany Bank and Trust Company National Association locations?

See branch locations nearby.

Is Albany Bank and Trust Company National Association open on Saturdays?

Is Albany Bank and Trust Company National Association open on Sundays?

What time does Albany Bank and Trust Company National Association open?

What time does Albany Bank and Trust Company National Association close?

Are Albany Bank and Trust Company National Association ATMs Open 24/7?

Do Albany Bank and Trust Company National Association ATMs accept cash deposits?

Can Albany Bank and Trust Company National Association customers use other ATMs?

Do Albany Bank and Trust Company National Association branches have notaries?

Will Albany Bank and Trust Company National Association notarize my document?

What address for Albany Bank and Trust Company National Association should I put for incoming ACH transfers?

Will the Albany Bank and Trust Company National Association branch print checks?

Do Albany Bank and Trust Company National Association checks expire?

Does Albany Bank and Trust Company National Association require US citizenship to open account?

Can Albany Bank and Trust Company National Association close my account?

Does Albany Bank and Trust Company National Association Report to credit bureaus?

Does Albany Bank and Trust Company National Association Use Equifax?

What is Albany Bank and Trust Company National Association's ACH Routing Number?

What is Albany Bank and Trust Company National Association's SWIFT code?

Products

Does Albany Bank and Trust Company National Association offer mortgages?

Compare mortgage rates here.

Does Albany Bank and Trust Company National Association offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Albany Bank and Trust Company National Association offer personal loans?

Compare personal loan rates here.

Does Albany Bank and Trust Company National Association offer student loans?

Will Albany Bank and Trust Company National Association cash a check?

Will Albany Bank and Trust Company National Association redeem a savings bond?

Does Albany Bank and Trust Company National Association cash savings bonds?

Will Albany Bank and Trust Company National Association cash money orders?

Can Albany Bank and Trust Company National Association issue a money order?

Does Albany Bank and Trust Company National Association do currency exchange?

Background on The Bank

Who owns Albany Bank and Trust Company National Association?

How long has Albany Bank and Trust Company National Association been around?

Can Albany Bank and Trust Company National Association transfer to other banks?

Does Albany Bank and Trust Company National Association have quick pay?

Does Albany Bank and Trust Company National Association accept rolled coins?

Will Albany Bank and Trust Company National Association accept loose change?

Where is Albany Bank and Trust Company National Association headquarters?

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