Bank Five Nine

Headquarters

155 West Wisconsin Avenue
Oconomowoc, WI 53066
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 0.70% →
1-Year CD 0.40% 0.75% →
2-Year CD 0.50% 0.81% →
5-Year CD 0.80% 1.15% →
30-Year Mortgage 3.68% 2.72% →
15-Year Mortgage 3.23% 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

Bank Five Nine is an FDIC insured institution located in Oconomowoc, WI. It was founded in 1859 and has approximately $1.37 billion in assets. Customers can open an account at one of its 17 branches.

FDIC Insured Yes
FDIC Certificate # 12517
Date Established 1859
Assets $ 1,373.61 million
Loans $ 982.33 million
Deposits $ 1,065.49 million
Capital $ 135.28 million
 

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

Deposit Rates - January 22, 2021

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.05% $2,500 $4,999 Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.10% $10,000 $14,999 Learn More
Money Market
0.10% $25,000 $29,999 Learn More
Premium Money Market Account
0.10% $10,000 $14,999 Learn More
Premium Money Market Account
0.10% $25,000 $34,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.30% $10,000 $14,999 Learn More
6 Mo CD
0.30% $100,000 $199,999 Learn More
12 Mo CD
0.40% $10,000 $14,999 Learn More
12 Mo CD
0.40% $100,000 $199,999 Learn More
Special: 13 Mo CD
0.50% $2,500 $250,000 Learn More
24 Mo CD
0.50% $10,000 $14,999 Learn More
24 Mo CD
0.50% $100,000 $199,999 Learn More
Special: 25 Mo CD
0.75% $2,500 $250,000 Learn More
36 Mo CD
0.60% $10,000 $14,999 Learn More
36 Mo CD
0.60% $100,000 $199,999 Learn More
Special: 37 Mo CD
0.85% $2,500 $250,000 Learn More
48 Mo CD
0.70% $10,000 $14,999 Learn More
48 Mo CD
0.70% $100,000 $199,999 Learn More
60 Mo CD
0.80% $10,000 $14,999 Learn More
60 Mo CD
0.80% $100,000 $199,999 Learn More

Fixed IRA Rates APY MIN MAX
Special: 13 Mo FIRA
0.50% $2,500 $250,000 Learn MoreShow Less
Special: 25 Mo FIRA
0.75% $2,500 $250,000 Learn MoreShow Less
Special: 37 Mo FIRA
0.85% $2,500 $250,000 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.10% $1 $499 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.03% $1 $99 Learn MoreShow Less
Int Ckg
0.03% $2,500 $3,499 Learn MoreShow Less
 

Loan Rates - January 22, 2021

Your Current Location: Connecticut, CT 06828

Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

Bank Five Nine 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


Bank Five Nine Locations


Financial Details

Bank Five Nine Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank Five Nine. 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
Bank Five Nine U.S. Bank Average
9.08% 6.14%

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 September 30, 2020, Bank Five Nine had $11,738,000 in non-current loans and $1,214,000 in owned real estate. To cover these potential losses it had $135,276,000 in equity and $7,336,000 in loans loss reserves. That gives it a Texas Ratio of 9.08%.

Return on Equity
Bank Five Nine U.S. Bank Average
18.42% 9.23%

Bank Five Nine has a Return on Equity of 18.42% versus the BestCashCow average of 9.23%. 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
Bank Five Nine U.S. Bank Average
9.85% 12.07%

Bank Five Nine has a Capitalization of 9.85% versus the BestCashCow average of 12.07. 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 Five Nine Balance Sheet Analysis

As of September 30, 2020, Bank Five Nine had assets of $1,373,607,000, loans of $982,327,000, and deposits of $1,065,492,000. 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

September 30, 2020
ASSETS
Cash & Balances due from depository institutions $ 185.19 million
Interest-bearing balances $ 169.17 million
Total securities $ 131.02 million
Federal funds sold and reverse repurchase $ 0.30 million
Net loans and leases $ 982.33 million
Loan loss allowance $ 7.34 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 1.21 million
Goodwill and other intangibles $ 12.33 million
All other assets $ 28.63 million
     Total Assets $ 1,238.33 million
LIABILITIES
Total deposits $ 1,065.49 million
      Interest-bearing deposits $ 835.71 million
      Deposits held in domestic offices $ 1,065.49 million
      % insured (estimated) 80.01%
Federal funds purchased and repurchase agreements $ 97.09 million
Trading liabilities N.A.
Other borrowed funds $ 56.50 million
Subordinated debt N.A.
All other liabilities $ 19.25 million
      Total Liabilities $ 1,238.33 million
      Shareholders’ Equity $ 135.28 million

Summary Income Statement

September 30, 2020
INCOME AND EXPENSES
Total Interest Income $ 43.63 million
Total Interest Expense $ 8.20 million
Net interest income $ 35.43 million
Provision for loan and lease losses $ 2.00 million
Total non interest income $ 28.99 million
Total non interest expense $ 40.77 million
Pre-tax Net Operating Income $ 21.65 million

Bank Loan Profile?

The top three loan types in Bank Five Nine’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks in Wisconsin, Bank Five Nine has a significantly higher percent of Construction and Development Loans, Commercial Real Estate 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 19.91
Multifamily
Mortgages
4.87
Credit Card Loans 0.03
Consumer Auto Loans 0.01
Small Business Loans 0.00
Construction and Development Loans 13.45
Commercial Real Estate 45.23
Commercial and Industrial Loans 16.49
Farm Loans 0.00

Frequently Asked Questions About Bank Five Nine

Branches and Savings

Is Bank Five Nine FDIC insured?

Yes. It is covered under FDIC Certificate #12517.

Why does Bank Five Nine pay such low interest on savings accounts?

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

Why are Bank Five Nine CD rates not competitive?

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

Is Bank Five Nine a commercial bank?

Yes

Where are Bank Five Nine locations?

See branch locations nearby.

Is Bank Five Nine open on Saturdays?

Is Bank Five Nine open on Sundays?

What time does Bank Five Nine open?

What time does Bank Five Nine close?

Are Bank Five Nine ATMs Open 24/7?

Do Bank Five Nine ATMs accept cash deposits?

Can Bank Five Nine customers use other ATMs?

Do Bank Five Nine branches have notaries?

Will Bank Five Nine notarize my document?

What address for Bank Five Nine should I put for incoming ACH transfers?

Will the Bank Five Nine branch print checks?

Do Bank Five Nine checks expire?

Does Bank Five Nine require US citizenship to open account?

Can Bank Five Nine close my account?

Does Bank Five Nine Report to credit bureaus?

Does Bank Five Nine Use Equifax?

What is Bank Five Nine's ACH Routing Number?

What is Bank Five Nine's SWIFT code?

Products

Does Bank Five Nine offer mortgages?

Compare mortgage rates here.

Does Bank Five Nine offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bank Five Nine offer personal loans?

Compare personal loan rates here.

Does Bank Five Nine offer student loans?

Will Bank Five Nine cash a check?

Will Bank Five Nine redeem a savings bond?

Does Bank Five Nine cash savings bonds?

Will Bank Five Nine cash money orders?

Can Bank Five Nine issue a money order?

Does Bank Five Nine do currency exchange?

Background on The Bank

Who owns Bank Five Nine?

How long has Bank Five Nine been around?

Can Bank Five Nine transfer to other banks?

Does Bank Five Nine have quick pay?

Does Bank Five Nine accept rolled coins?

Will Bank Five Nine accept loose change?

Where is Bank Five Nine headquarters?

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