American Savings Bank

701 North University Boulevard
Middletown, OH 45042

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 29899
Date Established 1889
Assets $0.04 billion
Loans $0.03 billion
Deposits $0.03 billion
Capital $0.01 billion

American Savings Bank is an FDIC insured institution located in Middletown, OH. It was founded in 1889 and has approximately $0.04 billion in assets. Customers can open an account at one of its 2 branches.

For a more detailed analysis of American Savings 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 Savings Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks in Ohio, American Savings Bank has a significantly higher percent of Small Business 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 64.51
Multifamily
Mortgages
2.07
Credit Card Loans 0.00
Consumer Auto Loans 0.54
Small Business Loans 21.68
Construction and Development Loans 0.83
Commercial Real Estate 23.22
Commercial and Industrial Loans 8.30
Farm Loans 0.00

Deposit Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.15% $500 - Learn MoreShow Less
6 Mo CD 10K
0.20% $500 - Learn MoreShow Less
Savings Rates APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.50% $500 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 10K
0.15% $10,000 $24,999 Learn MoreShow Less
MM 25K
0.20% $25,000 $99,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.05% $50 - Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for American Savings 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
vLoan
NMLS ID: 2229
License#: MC-5591
4.078% 4.000% 0.38 $2,345 $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 American Savings Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

American Savings 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 Savings Bank Locations

Financial Details

American Savings Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of American Savings 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 Savings Bank U.S. Bank Average
1.09% 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 Savings Bank had $87,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $7,825,000 in equity and $183,000 in loans loss reserves. That gives it a Texas Ratio of 1.09%. 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 Savings Bank U.S. Bank Average
1.1% 8.58

American Savings Bank has a Return on Equity of 1.1% 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 Savings Bank U.S. Bank Average
18.11% 12.11

American Savings Bank has a Capitalization of 18.11% 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 Savings Bank Balance Sheet Analysis

As of June 30, 2017, American Savings Bank had assets of $43,204,000, loans of $33,677,000, and deposits of $32,567,000. 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 Savings Bank

Branches and Savings

Is American Savings Bank FDIC insured?

Yes. It is covered under FDIC Certificate #29899.

Why does American Savings 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 Savings Bank CD rates not competitive?

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

Is American Savings Bank a commercial bank?

Yes

Where are American Savings Bank locations?

See branch locations nearby.

Is American Savings Bank open on Saturdays?

Is American Savings Bank open on Sundays?

What time does American Savings Bank open?

What time does American Savings Bank close?

Are American Savings Bank ATMs Open 24/7?

Do American Savings Bank ATMs accept cash deposits?

Can American Savings Bank customers use other ATMs?

Do American Savings Bank branches have notaries?

Will American Savings Bank notarize my document?

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

Will the American Savings Bank branch print checks?

Do American Savings Bank checks expire?

Does American Savings Bank require US citizenship to open account?

Can American Savings Bank close my account?

Does American Savings Bank Report to credit bureaus?

Does American Savings Bank Use Equifax?

What is American Savings Bank's ACH Routing Number?

What is American Savings Bank's SWIFT code?

Products

Does American Savings Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does American Savings Bank offer personal loans?

Compare personal loan rates here.

Does American Savings Bank offer student loans?

Will American Savings Bank cash a check?

Will American Savings Bank redeem a savings bond?

Does American Savings Bank cash savings bonds?

Will American Savings Bank cash money orders?

Can American Savings Bank issue a money order?

Does American Savings Bank do currency exchange?

Background on The Bank

Who owns American Savings Bank?

How long has American Savings Bank been around?

Can American Savings Bank transfer to other banks?

Does American Savings Bank have quick pay?

Does American Savings Bank accept rolled coins?

Will American Savings Bank accept loose change?

Where is American Savings Bank headquarters?

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