American Eagle Bank

556 Randall Road
South Elgin, IL 60177

Notable Rates APY Vs.Others
Savings N.A. 2.20% →
1-Year CD N.A. 2.20% →
2-Year CD N.A. 2.20% →
5-Year CD N.A. 2.60% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2020 Overview

General Bank Information

American Eagle Bank is an FDIC insured institution located in South Elgin, IL. It was founded in 2002 and has approximately $0.27 billion in assets.

FDIC Insured Yes
FDIC Certificate # 57359
Date Established 2002
Assets $0.27 billion
Loans $0.21 billion
Deposits $0.25 billion
Capital $0.02 billion

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

Deposit Rates - February 20, 2020

Your Current Location: Virginia, VA 20146

There are currently no rates available for American Eagle Bank, but see these great savings and CD rates:

Advertiser Disclosure

Loan Rates - February 20, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for American Eagle 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
Learn More
NMLS ID: 2890
License#: MC-3098
3.375% 3.375% 0.00 ($80) $1,106 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.919% 4.875% 0.00 $1,250 $1,324 Learn More
Rocket Mortgage
NMLS ID: 3030
4.668% 4.625% 0.00 $1,250 $1,286 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
Intro APR
3.990 %
After Intro: 5.000 %
Intro Period: 12 months
$25,000 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
More Info

Note to American Eagle Bank
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Financial Details

American Eagle Bank Ratio Analysis

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

Texas Ratio
American Eagle Bank U.S. Bank Average
1.91% 6.70%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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 September 30, 2019, American Eagle Bank had $186,000 in non-current loans and $260,000 in owned real estate. To cover these potential losses it had $21,833,000 in equity and $1,552,000 in loans loss reserves. That gives it a Texas Ratio of 1.91%.

Return on Equity
American Eagle Bank U.S. Bank Average
11.38% 9.72%

American Eagle Bank has a Return on Equity of 11.38% versus the BestCashCow average of 9.72%. 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.

American Eagle Bank U.S. Bank Average
7.96% 12.89%

American Eagle Bank has a Capitalization of 7.96% versus the BestCashCow average of 12.89. 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.

American Eagle Bank Balance Sheet Analysis

As of September 30, 2019, American Eagle Bank had assets of $274,254,000, loans of $209,383,000, and deposits of $245,882,000. 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

September 30, 2019
Cash & Balances due from depository institutions $0.04 billion
Interest-bearing balances $0.04 billion
Total securities $0.01 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.21 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.25 billion
Total deposits $0.25 billion
      Interest-bearing deposits $0.24 billion
      Deposits held in domestic offices $0.25 billion
      % insured (estimated) 80.21%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.25 billion
      Shareholders’ Equity $0.02 billion

Summary Income Statement

September 30, 2019
Total Interest Income $0.01 billion
Total Interest Expense $0.00 billion
Net interest income $0.01 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Bank Loan Profile?

The top three loan types in American Eagle Bank’s loan portfolio are Consumer Auto Loans, Commercial Real Estate, and 1-4 Family Residential Loans.

Compared to other banks in Illinois, American Eagle 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.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 10.65
Credit Card Loans 0.00
Consumer Auto Loans 62.40
Small Business Loans 0.00
Construction and Development Loans 6.19
Commercial Real Estate 15.57
Commercial and Industrial Loans 1.87
Farm Loans 0.00

Frequently Asked Questions About American Eagle Bank

Branches and Savings

Is American Eagle Bank FDIC insured?

Yes. It is covered under FDIC Certificate #57359.

Why does American Eagle Bank pay such low interest on savings accounts?

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

Why are American Eagle Bank CD rates not competitive?

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

Is American Eagle Bank a commercial bank?


Where are American Eagle Bank locations?

See branch locations nearby.

Is American Eagle Bank open on Saturdays?

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Are American Eagle Bank ATMs Open 24/7?

Do American Eagle Bank ATMs accept cash deposits?

Can American Eagle Bank customers use other ATMs?

Do American Eagle Bank branches have notaries?

Will American Eagle Bank notarize my document?

What address for American Eagle Bank should I put for incoming ACH transfers?

Will the American Eagle Bank branch print checks?

Do American Eagle Bank checks expire?

Does American Eagle Bank require US citizenship to open account?

Can American Eagle Bank close my account?

Does American Eagle Bank Report to credit bureaus?

Does American Eagle Bank Use Equifax?

What is American Eagle Bank's ACH Routing Number?

What is American Eagle Bank's SWIFT code?


Does American Eagle Bank offer mortgages?

Compare mortgage rates here.

Does American Eagle Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does American Eagle Bank offer personal loans?

Compare personal loan rates here.

Does American Eagle Bank offer student loans?

Will American Eagle Bank cash a check?

Will American Eagle Bank redeem a savings bond?

Does American Eagle Bank cash savings bonds?

Will American Eagle Bank cash money orders?

Can American Eagle Bank issue a money order?

Does American Eagle Bank do currency exchange?

Background on The Bank

Who owns American Eagle Bank?

How long has American Eagle Bank been around?

Can American Eagle Bank transfer to other banks?

Does American Eagle Bank have quick pay?

Does American Eagle Bank accept rolled coins?

Will American Eagle Bank accept loose change?

Where is American Eagle Bank headquarters?

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