Auto Club Trust, FSB

Headquarters

One Auto Club Drive
Dearborn, MI 48126
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.30% 1.40% →
1-Year CD 1.05% 1.15% →
2-Year CD 1.10% 1.26% →
5-Year CD 1.15% 1.56% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

Auto Club Trust, FSB is an FDIC insured institution located in Dearborn, MI. It was founded in 1999 and has approximately $0.57 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 35115
Date Established 1999
Assets $ 567.16 million
Loans $ 292.66 million
Deposits $ 383.57 million
Capital $ 58.97 million
 

For a more detailed analysis of Auto Club Trust, FSB's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - July 10, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.30% $100 - Learn More
Money Market
0.70% $1,500 $99,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.50% $1,500 - Learn More
6 Mo CD
0.75% $1,500 - Learn More
12 Mo CD
1.05% $1,500 - Learn More
18 Mo CD
1.10% $1,500 - Learn More
24 Mo CD
1.10% $1,500 - Learn More
36 Mo CD
1.15% $1,500 - Learn More
48 Mo CD
1.15% $1,500 - Learn More
60 Mo CD
1.15% $1,500 - Learn More

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.05% $1,500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.40% $25 - Learn MoreShow Less

Loan Rates - July 10, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Auto Club Trust, FSB

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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.950% 2.875% 1.00 $2,438 $1,038 Learn More
Rocket Mortgage
NMLS ID: 3030
3.494% 3.375% 1.00 $3,750 $1,106 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
4.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info
PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
More Info

Note to Auto Club Trust, FSB
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Auto Club Trust, FSB 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


Auto Club Trust, FSB Locations


Financial Details

Auto Club Trust, FSB Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Auto Club Trust, FSB. 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
Auto Club Trust, FSB U.S. Bank Average
3.24% 6.94%

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 March 31, 2020, Auto Club Trust, FSB had $1,988,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $58,969,000 in equity and $2,386,000 in loans loss reserves. That gives it a Texas Ratio of 3.24%.

Return on Equity
Auto Club Trust, FSB U.S. Bank Average
-16.05% 7.80%

Auto Club Trust, FSB has a Return on Equity of -16.05% versus the BestCashCow average of 7.80%. 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
Auto Club Trust, FSB U.S. Bank Average
10.4% 12.68%

Auto Club Trust, FSB has a Capitalization of 10.4% versus the BestCashCow average of 12.68. 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.

Auto Club Trust, FSB Balance Sheet Analysis

As of March 31, 2020, Auto Club Trust, FSB had assets of $567,159,000, loans of $292,655,000, and deposits of $383,569,000. 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

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 6.98 million
Interest-bearing balances $ 5.63 million
Total securities $ 253.66 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 292.66 million
Loan loss allowance $ 2.39 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 13.56 million
     Total Assets $ 508.19 million
LIABILITIES
Total deposits $ 383.57 million
      Interest-bearing deposits $ 377.81 million
      Deposits held in domestic offices $ 383.57 million
      % insured (estimated) 91.82%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 117.00 million
Subordinated debt N.A.
All other liabilities $ 7.62 million
      Total Liabilities $ 508.19 million
      Shareholders’ Equity $ 58.97 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 3.93 million
Total Interest Expense $ 2.47 million
Net interest income $ 1.46 million
Provision for loan and lease losses $ 0.08 million
Total non interest income $ 2.03 million
Total non interest expense $ 5.90 million
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Auto Club Trust, FSB’s loan portfolio are 1-4 Family Residential Loans, Consumer Auto Loans, and Multifamily Mortgages.

Compared to other banks in Michigan, Auto Club Trust, FSB has a significantly higher percent of 1-4 Family Residential Loans, Consumer Auto 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 59.81
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 40.96
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

Frequently Asked Questions About Auto Club Trust, Fsb

Branches and Savings

Is Auto Club Trust, Fsb FDIC insured?

Yes. It is covered under FDIC Certificate #35115.

Why does Auto Club Trust, Fsb pay such low interest on savings accounts?

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

Why are Auto Club Trust, Fsb CD rates not competitive?

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

Is Auto Club Trust, Fsb a commercial bank?

Yes

Where are Auto Club Trust, Fsb locations?

See branch locations nearby.

Is Auto Club Trust, Fsb open on Saturdays?

Is Auto Club Trust, Fsb open on Sundays?

What time does Auto Club Trust, Fsb open?

What time does Auto Club Trust, Fsb close?

Are Auto Club Trust, Fsb ATMs Open 24/7?

Do Auto Club Trust, Fsb ATMs accept cash deposits?

Can Auto Club Trust, Fsb customers use other ATMs?

Do Auto Club Trust, Fsb branches have notaries?

Will Auto Club Trust, Fsb notarize my document?

What address for Auto Club Trust, Fsb should I put for incoming ACH transfers?

Will the Auto Club Trust, Fsb branch print checks?

Do Auto Club Trust, Fsb checks expire?

Does Auto Club Trust, Fsb require US citizenship to open account?

Can Auto Club Trust, Fsb close my account?

Does Auto Club Trust, Fsb Report to credit bureaus?

Does Auto Club Trust, Fsb Use Equifax?

What is Auto Club Trust, Fsb's ACH Routing Number?

What is Auto Club Trust, Fsb's SWIFT code?

Products

Does Auto Club Trust, Fsb offer mortgages?

Compare mortgage rates here.

Does Auto Club Trust, Fsb offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Auto Club Trust, Fsb offer personal loans?

Compare personal loan rates here.

Does Auto Club Trust, Fsb offer student loans?

Will Auto Club Trust, Fsb cash a check?

Will Auto Club Trust, Fsb redeem a savings bond?

Does Auto Club Trust, Fsb cash savings bonds?

Will Auto Club Trust, Fsb cash money orders?

Can Auto Club Trust, Fsb issue a money order?

Does Auto Club Trust, Fsb do currency exchange?

Background on The Bank

Who owns Auto Club Trust, Fsb?

How long has Auto Club Trust, Fsb been around?

Can Auto Club Trust, Fsb transfer to other banks?

Does Auto Club Trust, Fsb have quick pay?

Does Auto Club Trust, Fsb accept rolled coins?

Will Auto Club Trust, Fsb accept loose change?

Where is Auto Club Trust, Fsb headquarters?

Customer Reviews for Auto Club Trust, FSB


  • April 11, 2018 |

    Since they switched to Dearborn MI it has gone down the tubes big time. Stay away!

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