American Heritage National Bank

24 2nd Street South
Long Prairie, MN 56347

Notable Rates APY Vs.Others
Savings 0.15% 2.60% →
1-Year CD 1.25% 2.36% →
2-Year CD 1.50% 2.60% →
5-Year CD 2.25% 2.80% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Bank Information

American Heritage National Bank is an FDIC insured institution located in Long Prairie, MN. It was founded in 1881 and has approximately $0.35 billion in assets. Customers can open an account at one of its 6 branches.

FDIC Insured Yes
FDIC Certificate # 8843
Date Established 1881
Assets $0.35 billion
Loans $0.25 billion
Deposits $0.31 billion
Capital $0.04 billion
 

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

Deposit Rates - November 13, 2019

Your Current Location: Washington, WA 98101

Savings and Money Market Rates APY MIN MAX
Money Market
0.20% $1 $4,999 Learn MoreShow Less
Money Market
0.30% $5,000 $14,999 Learn MoreShow Less
Money Market
0.50% $25,000 $49,999 Learn MoreShow Less
Premium Money Market Account
0.20% $1 $99,999 Learn MoreShow Less
CD Rates APY MIN MAX
6 Mo CD
1.00% $1,000 - Learn MoreShow Less
Special: 9 Mo CD
2.00% $10,000 - Learn MoreShow Less
12 Mo CD
1.25% $1,000 - Learn MoreShow Less
Special: 18 Mo CD
2.25% $10,000 - Learn MoreShow Less
24 Mo CD
1.50% $5,000 - Learn MoreShow Less
36 Mo CD
1.75% $5,000 - Learn MoreShow Less
48 Mo CD
2.00% $5,000 - Learn MoreShow Less
60 Mo CD
2.25% $5,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
2.00% $5,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
0.25% $1 $9,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $750 - Learn MoreShow Less

Loan Rates - November 13, 2019

Your Current Location: Washington, WA 98101

There are currently no loan rates available for American Heritage National Bank

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

Featured - Washington 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 520-CL-25944
3.631% 3.625% 0.13 $172 $1,141 Learn More
Rocket Mortgage
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
More Info

Note to American Heritage National Bank
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Branches

American Heritage National 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:
Seattle,Washington


American Heritage National Bank Locations


Financial Details

American Heritage National Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of American Heritage National 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 Heritage National Bank U.S. Bank Average
0.58% 6.77%

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 June 30, 2019, American Heritage National Bank had $281,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $44,537,000 in equity and $4,010,000 in loans loss reserves. That gives it a Texas Ratio of 0.58%.

Return on Equity
American Heritage National Bank U.S. Bank Average
10.43% 9.50%

American Heritage National Bank has a Return on Equity of 10.43% versus the BestCashCow average of 9.50%. 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
American Heritage National Bank U.S. Bank Average
12.67% 12.76%

American Heritage National Bank has a Capitalization of 12.67% versus the BestCashCow average of 12.76. 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 Heritage National Bank Balance Sheet Analysis

As of June 30, 2019, American Heritage National Bank had assets of $351,435,000, loans of $251,368,000, and deposits of $306,256,000. 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

June 30, 2019
ASSETS
Cash & Balances due from depository institutions $0.05 billion
Interest-bearing balances $0.04 billion
Total securities $0.04 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.25 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 $0.01 billion
All other assets $0.01 billion
     Total Assets $0.31 billion
LIABILITIES
Total deposits $0.31 billion
      Interest-bearing deposits $0.22 billion
      Deposits held in domestic offices $0.31 billion
      % insured (estimated) 77.16%
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 $0.31 billion
      Shareholders’ Equity $0.04 billion

Summary Income Statement

June 30, 2019
INCOME AND EXPENSES
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 Heritage National Bank’s loan portfolio are Commercial Real Estate, Multifamily Mortgages, and 1-4 Family Residential Loans.

Compared to other banks in Minnesota, American Heritage National Bank has a significantly higher percent of Multifamily Mortgages, 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 16.49
Multifamily
Mortgages
21.25
Credit Card Loans 0.00
Consumer Auto Loans 0.35
Small Business Loans 14.86
Construction and Development Loans 3.43
Commercial Real Estate 43.59
Commercial and Industrial Loans 12.26
Farm Loans 1.06

Frequently Asked Questions About American Heritage National Bank

Branches and Savings

Is American Heritage National Bank FDIC insured?

Yes. It is covered under FDIC Certificate #8843.

Why does American Heritage National 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 Heritage National Bank CD rates not competitive?

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

Is American Heritage National Bank a commercial bank?

Yes

Where are American Heritage National Bank locations?

See branch locations nearby.

Is American Heritage National Bank open on Saturdays?

Is American Heritage National Bank open on Sundays?

What time does American Heritage National Bank open?

What time does American Heritage National Bank close?

Are American Heritage National Bank ATMs Open 24/7?

Do American Heritage National Bank ATMs accept cash deposits?

Can American Heritage National Bank customers use other ATMs?

Do American Heritage National Bank branches have notaries?

Will American Heritage National Bank notarize my document?

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

Will the American Heritage National Bank branch print checks?

Do American Heritage National Bank checks expire?

Does American Heritage National Bank require US citizenship to open account?

Can American Heritage National Bank close my account?

Does American Heritage National Bank Report to credit bureaus?

Does American Heritage National Bank Use Equifax?

What is American Heritage National Bank's ACH Routing Number?

What is American Heritage National Bank's SWIFT code?

Products

Does American Heritage National Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does American Heritage National Bank offer personal loans?

Compare personal loan rates here.

Does American Heritage National Bank offer student loans?

Will American Heritage National Bank cash a check?

Will American Heritage National Bank redeem a savings bond?

Does American Heritage National Bank cash savings bonds?

Will American Heritage National Bank cash money orders?

Can American Heritage National Bank issue a money order?

Does American Heritage National Bank do currency exchange?

Background on The Bank

Who owns American Heritage National Bank?

How long has American Heritage National Bank been around?

Can American Heritage National Bank transfer to other banks?

Does American Heritage National Bank have quick pay?

Does American Heritage National Bank accept rolled coins?

Will American Heritage National Bank accept loose change?

Where is American Heritage National Bank headquarters?

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