BANK 360

101 South Third Street
Beresford, SD 57004


2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 30789
Date Established 1955
Assets $0.04 billion
Loans $0.02 billion
Deposits $0.03 billion
Capital $0.00 billion

BANK 360 is an FDIC insured institution located in Beresford, SD. It was founded in 1955 and has approximately $0.04 billion in assets.

For a more detailed analysis of BANK 360'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 BANK 360’s loan portfolio are 1-4 Family Residential Loans, Commercial and Industrial Loans, and Small Business Loans.

Compared to other banks in South Dakota, BANK 360 has a significantly higher percent of 1-4 Family Residential Loans, Consumer Auto Loans, 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.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 51.33
Credit Card Loans 0.11
Consumer Auto Loans 9.77
Small Business Loans 12.26
Construction and Development Loans 4.65
Commercial Real Estate 12.26
Commercial and Industrial Loans 13.43
Farm Loans 3.26

Deposit Rates - June 20, 2019

Your Current Location: Washington, WA 98109

There are currently no rates available for Bank 360, but see these great savings and CD rates:

Advertiser Disclosure

Loan Rates - June 20, 2019

Your Current Location: Washington, WA 98109

There are currently no loan rates available for BANK 360

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

Featured - Washington 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
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Rocket Mortgage
NMLS ID: 3030
4.500% 4.500% 0.00 $0 $1,267 Learn More
First Internet Bank
NMLS ID: 424182
3.750% 3.750% 0.00 ($2) $1,158 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
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PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
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Figure Home Equity Line
Figure Home Equity Line
5.490 %
N/A Learn More
More Info

Note to BANK 360
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BANK 360 branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

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BANK 360 Locations

Financial Details

BANK 360 Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of BANK 360. The data is provided by the FDIC. All banks listed on are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
BANK 360 U.S. Bank Average
52.23% 6.97%

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 December 31, 2018, BANK 360 had $1,634,000 in non-current loans and $54,000 in owned real estate. To cover these potential losses it had $2,480,000 in equity and $752,000 in loans loss reserves. That gives it a Texas Ratio of 52.23%.

Return on Equity
BANK 360 U.S. Bank Average
-14.25% 8.80%

BANK 360 has a Return on Equity of -14.25% versus the BestCashCow average of 8.80%. 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.

BANK 360 U.S. Bank Average
6.63% 12.29%

BANK 360 has a Capitalization of 6.63% versus the BestCashCow average of 12.29. 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.

BANK 360 Balance Sheet Analysis

As of December 31, 2012, BANK 360 had assets of $37,425,000, loans of $22,912,000, and deposits of $34,774,000. 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, 2018
Cash & Balances due from depository institutions $0.00 billion
Interest-bearing balances $0.00 billion
Total securities $0.00 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.02 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.00 billion
Total deposits $0.03 billion
      Interest-bearing deposits $0.00 billion
      Deposits held in domestic offices $0.00 billion
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.00 billion
      Shareholders’ Equity $0.04 billion

Summary Income Statement

December 31, 2018
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Frequently Asked Questions About Bank 360

Branches and Savings

Is Bank 360 FDIC insured?

Yes. It is covered under FDIC Certificate #30789.

Why does Bank 360 pay such low interest on savings accounts?

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

Why are Bank 360 CD rates not competitive?

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

Is Bank 360 a commercial bank?


Where are Bank 360 locations?

See branch locations nearby.

Is Bank 360 open on Saturdays?

Is Bank 360 open on Sundays?

What time does Bank 360 open?

What time does Bank 360 close?

Are Bank 360 ATMs Open 24/7?

Do Bank 360 ATMs accept cash deposits?

Can Bank 360 customers use other ATMs?

Do Bank 360 branches have notaries?

Will Bank 360 notarize my document?

What address for Bank 360 should I put for incoming ACH transfers?

Will the Bank 360 branch print checks?

Do Bank 360 checks expire?

Does Bank 360 require US citizenship to open account?

Can Bank 360 close my account?

Does Bank 360 Report to credit bureaus?

Does Bank 360 Use Equifax?

What is Bank 360's ACH Routing Number?

What is Bank 360's SWIFT code?


Does Bank 360 offer mortgages?

Compare mortgage rates here.

Does Bank 360 offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bank 360 offer personal loans?

Compare personal loan rates here.

Does Bank 360 offer student loans?

Will Bank 360 cash a check?

Will Bank 360 redeem a savings bond?

Does Bank 360 cash savings bonds?

Will Bank 360 cash money orders?

Can Bank 360 issue a money order?

Does Bank 360 do currency exchange?

Background on The Bank

Who owns Bank 360?

How long has Bank 360 been around?

Can Bank 360 transfer to other banks?

Does Bank 360 have quick pay?

Does Bank 360 accept rolled coins?

Will Bank 360 accept loose change?

Where is Bank 360 headquarters?

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