Bally Savings Bank

323 Main Street
Bally, PA 19503

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 34440
Date Established 1999
Assets $0.05 billion
Loans $0.03 billion
Deposits $0.05 billion
Capital $0.01 billion

Bally Savings Bank is an FDIC insured institution located in Bally, PA. It was founded in 1999 and has approximately $0.05 billion in assets.

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

Compared to other banks in Pennsylvania, Bally Savings Bank has a significantly higher percent of 1-4 Family Residential 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 93.57
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 1.91
Construction and Development Loans 2.64
Commercial Real Estate 1.91
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Savings Rates

Your Current Location: Virginia, VA 20146

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


Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bally 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
HomeDirect Mortgage
NMLS ID: 420821
3.888% 3.875% 0.13 $497 $1,176 Learn More
Cornerstone Home Lending
NMLS ID: 119622
License#: MC-4673
4.000% 4.000% 0.00 $0 $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 Bally Savings Bank
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Branches

Bally 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


Bally Savings Bank Locations

Financial Details

Bally Savings Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bally 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
Bally Savings Bank U.S. Bank Average
28% 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, Bally Savings Bank had $1,473,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $5,009,000 in equity and $252,000 in loans loss reserves. That gives it a Texas Ratio of 28%. 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
Bally Savings Bank U.S. Bank Average
7.49% 8.58

Bally Savings Bank has a Return on Equity of 7.49% 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
Bally Savings Bank U.S. Bank Average
9.4% 12.11

Bally Savings Bank has a Capitalization of 9.4% 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.

Bally Savings Bank Balance Sheet Analysis

As of March 31, 2017, Bally Savings Bank had assets of $53,262,000, loans of $30,618,000, and deposits of $46,922,000. 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 Bally Savings Bank

Branches and Savings

Is Bally Savings Bank FDIC insured?

Yes. It is covered under FDIC Certificate #34440.

Why does Bally 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 Bally Savings Bank CD rates not competitive?

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

Is Bally Savings Bank a commercial bank?

Yes

Where are Bally Savings Bank locations?

See branch locations nearby.

Is Bally Savings Bank open on Saturdays?

Is Bally Savings Bank open on Sundays?

What time does Bally Savings Bank open?

What time does Bally Savings Bank close?

Are Bally Savings Bank ATMs Open 24/7?

Do Bally Savings Bank ATMs accept cash deposits?

Can Bally Savings Bank customers use other ATMs?

Do Bally Savings Bank branches have notaries?

Will Bally Savings Bank notarize my document?

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

Will the Bally Savings Bank branch print checks?

Do Bally Savings Bank checks expire?

Does Bally Savings Bank require US citizenship to open account?

Can Bally Savings Bank close my account?

Does Bally Savings Bank Report to credit bureaus?

Does Bally Savings Bank Use Equifax?

What is Bally Savings Bank's ACH Routing Number?

What is Bally Savings Bank's SWIFT code?

Products

Does Bally Savings Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Bally Savings Bank offer personal loans?

Compare personal loan rates here.

Does Bally Savings Bank offer student loans?

Will Bally Savings Bank cash a check?

Will Bally Savings Bank redeem a savings bond?

Does Bally Savings Bank cash savings bonds?

Will Bally Savings Bank cash money orders?

Can Bally Savings Bank issue a money order?

Does Bally Savings Bank do currency exchange?

Background on The Bank

Who owns Bally Savings Bank?

How long has Bally Savings Bank been around?

Can Bally Savings Bank transfer to other banks?

Does Bally Savings Bank have quick pay?

Does Bally Savings Bank accept rolled coins?

Will Bally Savings Bank accept loose change?

Where is Bally Savings Bank headquarters?

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