Anchor Bank, National Association

Headquarters

1570 Concordia Avenue
Saint Paul, MN 55104
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.65% →
1-Year CD N.A. 2.02% →
2-Year CD N.A. 3.00% →
5-Year CD N.A. 3.50% →
30-Year Mortgage N.A. 6.31% →
15-Year Mortgage N.A. 5.86% →
HELOC N.A. 2.79% →

2022 Overview

General Bank Information

Anchor Bank, National Association is an FDIC insured institution located in Saint Paul, MN. It was founded in 1923 and has approximately $2.09 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 8868
Date Established 1923
Assets $ 2.05 billion
Loans $ 1,616.26 million
Deposits $ 1,817.13 million
Capital $ 207.10 million
 

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

Deposit Rates - June 29, 2022

Your Current Location: Connecticut, CT 06828

 

Loan Rates - June 29, 2022

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Anchor Bank, National Association

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




Featured - Connecticut 30 Year Fixed Mortgage Rates 2022

Lender APR Rate (%) Monthly
Payment
Learn More
Morty, Inc.
NMLS ID: 1429243
5.062% 4.990%
0.88 points
$2,062 fees
$1,341 Learn More
CHASE
NMLS ID: 399798
5.933% 5.875%
0.63 points
$1,578 fees
$1,479 Learn More

Note to Anchor Bank, National Association
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Branches

Anchor Bank, National Association 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:
Fairfield,Connecticut


Anchor Bank, National Association Locations



Climate Initiatives

Anchor Bank, National Association is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

Financial Details

Anchor Bank, National Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Anchor Bank, National Association. 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
Anchor Bank, National Association U.S. Bank Average
6.19% 3.95%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its 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 December 31, 2021, Anchor Bank, National Association had $12,902,000 in non-current loans and $1,117,000 in owned real estate. To cover these potential losses it had $207,100,000 in equity and $19,487,000 in loans loss reserves. That gives it a Texas Ratio of 6.19%.

Return on Equity
Anchor Bank, National Association U.S. Bank Average
9.8% 10.50%

Anchor Bank, National Association has a Return on Equity of 9.8% versus the BestCashCow average of 10.50%. 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
Anchor Bank, National Association U.S. Bank Average
10.08% 11.55%

Anchor Bank, National Association has a Capitalization of 10.08% versus the BestCashCow average of 11.55. 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.

Anchor Bank, National Association Balance Sheet Analysis

As of September 30, 2017, Anchor Bank, National Association had assets of $2,085,265,000, loans of $1,616,257,000, and deposits of $1,817,131,000. 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

December 31, 2021
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 1,616.26 million
Loan loss allowance $ 19.49 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 1.12 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 1,817.13 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 2.05 billion

Summary Income Statement

December 31, 2021
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Anchor Bank, National Association’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and Small Business Loans.

Compared to other banks in Minnesota, Anchor Bank, National Association has a significantly higher percent of 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 8.87
Multifamily
Mortgages
3.98
Credit Card Loans 0.00
Consumer Auto Loans 0.03
Small Business Loans 10.02
Construction and Development Loans 4.93
Commercial Real Estate 43.40
Commercial and Industrial Loans 34.68
Farm Loans 0.02

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