Arcola Homestead Savings Bank

110 North Oak Street
Arcola, IL 61910

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 31813
Date Established 1883
Assets $0.02 billion
Loans $0.02 billion
Deposits $0.02 billion
Capital $0.00 billion

Arcola Homestead Savings Bank is an FDIC insured institution located in Arcola, IL. It was founded in 1883 and has approximately $0.02 billion in assets.

TierOne Bank, Lincoln, Nebraska, was closed June 8, 2010 by the Office of Thrift Supervision, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with Great Western Bank, Sioux Falls, South Dakota, to assume all of the deposits of TierOne Bank.

For a more detailed analysis of Arcola Homestead 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 Arcola Homestead Savings Bank’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Arcola Homestead Savings Bank’s loan portfolio does not show any specific loan specialty.

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 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Deposit Rates

Your Current Location: Virginia, VA 20146

There are currently no rates available for Arcola Homestead Savings Bank, but see these great savings and CD rates:

2.00% APY 12 Month CD from Synchrony Bank

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Arcola Homestead 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 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
3.911% 3.875% 0.00 $1,194 $1,176 Learn More
PenFed Credit Union
NMLS ID: 401822
4.073% 3.990% 0.00 $2,500 $1,193 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.490% $224.24 Learn More
Flagstar Bank 5.240% $275.79 Learn More

Note to Arcola Homestead Savings Bank
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Branches

Arcola Homestead 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


Arcola Homestead Savings Bank Locations

Financial Details

Arcola Homestead Savings Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Arcola Homestead 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
Arcola Homestead Savings Bank U.S. Bank Average
29.7% 8.32%

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 September 30, 2017, Arcola Homestead Savings Bank had $731,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $2,295,000 in equity and $166,000 in loans loss reserves. That gives it a Texas Ratio of 29.7%.

Return on Equity
Arcola Homestead Savings Bank U.S. Bank Average
2.91% 8.84%

Arcola Homestead Savings Bank has a Return on Equity of 2.91% versus the BestCashCow average of 8.84%. 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
Arcola Homestead Savings Bank U.S. Bank Average
11.06% 12.21%

Arcola Homestead Savings Bank has a Capitalization of 11.06% versus the BestCashCow average of 12.21. 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.

Arcola Homestead Savings Bank Balance Sheet Analysis

As of November 30, -0001, Arcola Homestead Savings Bank had assets of $17,028,000, loans of $15,596,000, and deposits of $18,388,000. 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 Arcola Homestead Savings Bank

Branches and Savings

Is Arcola Homestead Savings Bank FDIC insured?

Yes. It is covered under FDIC Certificate #31813.

Why does Arcola Homestead 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 Arcola Homestead Savings Bank CD rates not competitive?

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

Is Arcola Homestead Savings Bank a commercial bank?

Yes

Where are Arcola Homestead Savings Bank locations?

See branch locations nearby.

Is Arcola Homestead Savings Bank open on Saturdays?

Is Arcola Homestead Savings Bank open on Sundays?

What time does Arcola Homestead Savings Bank open?

What time does Arcola Homestead Savings Bank close?

Are Arcola Homestead Savings Bank ATMs Open 24/7?

Do Arcola Homestead Savings Bank ATMs accept cash deposits?

Can Arcola Homestead Savings Bank customers use other ATMs?

Do Arcola Homestead Savings Bank branches have notaries?

Will Arcola Homestead Savings Bank notarize my document?

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

Will the Arcola Homestead Savings Bank branch print checks?

Do Arcola Homestead Savings Bank checks expire?

Does Arcola Homestead Savings Bank require US citizenship to open account?

Can Arcola Homestead Savings Bank close my account?

Does Arcola Homestead Savings Bank Report to credit bureaus?

Does Arcola Homestead Savings Bank Use Equifax?

What is Arcola Homestead Savings Bank's ACH Routing Number?

What is Arcola Homestead Savings Bank's SWIFT code?

Products

Does Arcola Homestead Savings Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Arcola Homestead Savings Bank offer personal loans?

Compare personal loan rates here.

Does Arcola Homestead Savings Bank offer student loans?

Will Arcola Homestead Savings Bank cash a check?

Will Arcola Homestead Savings Bank redeem a savings bond?

Does Arcola Homestead Savings Bank cash savings bonds?

Will Arcola Homestead Savings Bank cash money orders?

Can Arcola Homestead Savings Bank issue a money order?

Does Arcola Homestead Savings Bank do currency exchange?

Background on The Bank

Who owns Arcola Homestead Savings Bank?

How long has Arcola Homestead Savings Bank been around?

Can Arcola Homestead Savings Bank transfer to other banks?

Does Arcola Homestead Savings Bank have quick pay?

Does Arcola Homestead Savings Bank accept rolled coins?

Will Arcola Homestead Savings Bank accept loose change?

Where is Arcola Homestead Savings Bank headquarters?

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