First Secure Community Bank

670 Sugar Grove Parkway (Route 47)
Sugar Grove, IL 60554

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 35223
Date Established 2000
Assets $0.24 billion
Loans $0.18 billion
Deposits $0.20 billion
Capital $0.03 billion

First Secure Community Bank is an FDIC insured institution located in Sugar Grove, IL. It was founded in 2000 and has approximately $0.24 billion in assets. Customers can open an account at one of its 2 branches.

For a more detailed analysis of First Secure Community 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 First Secure Community Bank’s loan portfolio are Commercial Real Estate, Small Business Loans, and Commercial and Industrial Loans.

Compared to other banks in Illinois, First Secure Community Bank has a significantly higher percent of Small Business 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 12.20
Multifamily
Mortgages
6.05
Credit Card Loans 0.00
Consumer Auto Loans 0.02
Small Business Loans 21.73
Construction and Development Loans 2.89
Commercial Real Estate 60.28
Commercial and Industrial Loans 17.77
Farm Loans 0.00

Savings Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.20% $1,000 - Learn MoreShow Less
6 Mo CD 10K
0.25% $1,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Savings 2.5K
0.10% $100 - Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.35% $1,000 - Learn MoreShow Less
Special: 14 Mo FIRA
1.45% $1,000 - Learn MoreShow Less
Special: 29 Mo FIRA
1.85% $1,000 - Learn MoreShow Less
Special: 47 Mo FIRA
2.05% $1,000 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 10K
0.15% $1,000 - Learn MoreShow Less
PREMM Rates APY MIN MAX
Premium MM 10K
0.15% $1 $39,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.10% $500 - Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for First Secure Community 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
Poli Mortgage Group Inc
NMLS ID: 1979
License#: MC-5501
3.875% 3.875% 0.00 $0 $1,176 Learn More
Cornerstone Home Lending
NMLS ID: 119622
License#: MC-4673
4.000% 4.000% 0.00 $0 $1,194 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 First Secure Community Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

First Secure Community 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


First Secure Community Bank Locations

Financial Details

First Secure Community Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Secure Community 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
First Secure Community Bank U.S. Bank Average
10.75% 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, First Secure Community Bank had $2,543,000 in non-current loans and $506,000 in owned real estate. To cover these potential losses it had $26,347,000 in equity and $2,022,000 in loans loss reserves. That gives it a Texas Ratio of 10.75%. 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
First Secure Community Bank U.S. Bank Average
5.75% 8.58

First Secure Community Bank has a Return on Equity of 5.75% 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
First Secure Community Bank U.S. Bank Average
10.92% 12.11

First Secure Community Bank has a Capitalization of 10.92% 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.

First Secure Community Bank Balance Sheet Analysis

As of June 30, 2017, First Secure Community Bank had assets of $241,371,000, loans of $184,709,000, and deposits of $196,667,000. 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 First Secure Community Bank

Branches and Savings

Is First Secure Community Bank FDIC insured?

Yes. It is covered under FDIC Certificate #35223.

Why does First Secure Community Bank pay such low interest on savings accounts?

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

Why are First Secure Community Bank CD rates not competitive?

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

Is First Secure Community Bank a commercial bank?

Yes

Where are First Secure Community Bank locations?

See branch locations nearby.

Is First Secure Community Bank open on Saturdays?

Is First Secure Community Bank open on Sundays?

What time does First Secure Community Bank open?

What time does First Secure Community Bank close?

Are First Secure Community Bank ATMs Open 24/7?

Do First Secure Community Bank ATMs accept cash deposits?

Can First Secure Community Bank customers use other ATMs?

Do First Secure Community Bank branches have notaries?

Will First Secure Community Bank notarize my document?

What address for First Secure Community Bank should I put for incoming ACH transfers?

Will the First Secure Community Bank branch print checks?

Do First Secure Community Bank checks expire?

Does First Secure Community Bank require US citizenship to open account?

Can First Secure Community Bank close my account?

Does First Secure Community Bank Report to credit bureaus?

Does First Secure Community Bank Use Equifax?

What is First Secure Community Bank's ACH Routing Number?

What is First Secure Community Bank's SWIFT code?

Products

Does First Secure Community Bank offer mortgages?

Compare mortgage rates here.

Does First Secure Community Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First Secure Community Bank offer personal loans?

Compare personal loan rates here.

Does First Secure Community Bank offer student loans?

Will First Secure Community Bank cash a check?

Will First Secure Community Bank redeem a savings bond?

Does First Secure Community Bank cash savings bonds?

Will First Secure Community Bank cash money orders?

Can First Secure Community Bank issue a money order?

Does First Secure Community Bank do currency exchange?

Background on The Bank

Who owns First Secure Community Bank?

How long has First Secure Community Bank been around?

Can First Secure Community Bank transfer to other banks?

Does First Secure Community Bank have quick pay?

Does First Secure Community Bank accept rolled coins?

Will First Secure Community Bank accept loose change?

Where is First Secure Community Bank headquarters?

Customer Reviews for First Secure Community Bank

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

Add Your Review

Rate it here →