American Enterprise Bank

600 North Buffalo Grove Road
Buffalo Grove, IL 60089

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 34090
Date Established 1995
Assets $0.21 billion
Loans $0.15 billion
Deposits $0.17 billion
Capital $0.02 billion

American Enterprise Bank is an FDIC insured institution located in Buffalo Grove, IL. It was founded in 1995 and has approximately $0.21 billion in assets. Customers can open an account at one of its 3 branches.

For a more detailed analysis of American Enterprise 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 American Enterprise Bank’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and Multifamily Mortgages.

Compared to other banks in Illinois, American Enterprise Bank has a significantly higher percent of Multifamily Mortgages, Commercial Real Estate, Commercial and Industrial 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.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 7.04
Multifamily
Mortgages
18.07
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 11.74
Construction and Development Loans 0.15
Commercial Real Estate 47.83
Commercial and Industrial Loans 25.81
Farm Loans 0.00

Savings Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.50% $5,000 - Learn MoreShow Less
6 Mo CD 10K
0.95% $1,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Savings 2.5K
0.25% $1 - Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.75% $1,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA 0K
0.05% $1 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 10K
0.15% $1,000 $24,999 Learn MoreShow Less
MM 25K
0.35% $25,000 - Learn MoreShow Less
PREMM Rates APY MIN MAX
Premium MM 10K
0.20% $10,000 $24,999 Learn MoreShow Less
Premium MM 25K
0.50% $25,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.05% $1 $999 Learn MoreShow Less
Int Ckg 2.5K
0.10% $1,000 - Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for American Enterprise 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
US Wide Financial
NMLS ID: 55028
License#: MC-5809
3.771% 3.750% 0.00 $642 $1,158 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 American Enterprise Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

American Enterprise 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


American Enterprise Bank Locations

Financial Details

American Enterprise Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of American Enterprise 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
American Enterprise Bank U.S. Bank Average
64.26% 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, American Enterprise Bank had $7,376,000 in non-current loans and $9,617,000 in owned real estate. To cover these potential losses it had $23,276,000 in equity and $3,168,000 in loans loss reserves. That gives it a Texas Ratio of 64.26%. 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
American Enterprise Bank U.S. Bank Average
-12.3% 8.58

American Enterprise Bank has a Return on Equity of -12.3% 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
American Enterprise Bank U.S. Bank Average
11.22% 12.11

American Enterprise Bank has a Capitalization of 11.22% 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.

American Enterprise Bank Balance Sheet Analysis

As of June 30, 2017, American Enterprise Bank had assets of $207,479,000, loans of $153,408,000, and deposits of $166,139,000. 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 American Enterprise Bank

Branches and Savings

Is American Enterprise Bank FDIC insured?

Yes. It is covered under FDIC Certificate #34090.

Why does American Enterprise 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 Enterprise Bank CD rates not competitive?

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

Is American Enterprise Bank a commercial bank?

Yes

Where are American Enterprise Bank locations?

See branch locations nearby.

Is American Enterprise Bank open on Saturdays?

Is American Enterprise Bank open on Sundays?

What time does American Enterprise Bank open?

What time does American Enterprise Bank close?

Are American Enterprise Bank ATMs Open 24/7?

Do American Enterprise Bank ATMs accept cash deposits?

Can American Enterprise Bank customers use other ATMs?

Do American Enterprise Bank branches have notaries?

Will American Enterprise Bank notarize my document?

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

Will the American Enterprise Bank branch print checks?

Do American Enterprise Bank checks expire?

Does American Enterprise Bank require US citizenship to open account?

Can American Enterprise Bank close my account?

Does American Enterprise Bank Report to credit bureaus?

Does American Enterprise Bank Use Equifax?

What is American Enterprise Bank's ACH Routing Number?

What is American Enterprise Bank's SWIFT code?

Products

Does American Enterprise Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does American Enterprise Bank offer personal loans?

Compare personal loan rates here.

Does American Enterprise Bank offer student loans?

Will American Enterprise Bank cash a check?

Will American Enterprise Bank redeem a savings bond?

Does American Enterprise Bank cash savings bonds?

Will American Enterprise Bank cash money orders?

Can American Enterprise Bank issue a money order?

Does American Enterprise Bank do currency exchange?

Background on The Bank

Who owns American Enterprise Bank?

How long has American Enterprise Bank been around?

Can American Enterprise Bank transfer to other banks?

Does American Enterprise Bank have quick pay?

Does American Enterprise Bank accept rolled coins?

Will American Enterprise Bank accept loose change?

Where is American Enterprise Bank headquarters?

Customer Reviews for American Enterprise Bank

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

Add Your Review

Rate it here →