Bank of George

9115 West Russell Road
Las Vegas, NV 89148

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 58626
Date Established 2007
Assets $0.17 billion
Loans $0.12 billion
Deposits $0.14 billion
Capital $0.03 billion

Bank of George is an FDIC insured institution located in Las Vegas, NV. It was founded in 2007 and has approximately $0.17 billion in assets. Customers can open an account at one of its 2 branches.

For a more detailed analysis of Bank of George'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 of George’s loan portfolio are Commercial Real Estate, Small Business Loans, and Commercial and Industrial Loans.

Compared to other banks in Nevada, Bank of George has a significantly higher percent of 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 3.35
Multifamily
Mortgages
2.21
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 22.22
Construction and Development Loans 2.31
Commercial Real Estate 79.42
Commercial and Industrial Loans 13.54
Farm Loans 0.00

Deposit Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.35% $1,000 $99,999 Learn MoreShow Less
3 Mo CD 100K
0.50% $100,000 - Learn MoreShow Less
6 Mo CD 10K
0.50% $1,000 $99,999 Learn MoreShow Less
6 Mo CD 100K
0.60% $100,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
MM Rates APY MIN MAX
MM 10K
0.20% $2,500 $24,999 Learn MoreShow Less
MM 25K
0.20% $25,000 $49,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.15% $2,500 $49,999 Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank of George

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
vLoan
NMLS ID: 2229
License#: MC-5591
4.064% 4.000% 0.25 $1,938 $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 Bank of George
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Branches

Bank of George 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


Bank of George Locations

Financial Details

Bank of George Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of George. 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 of George U.S. Bank Average
0% 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, Bank of George had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $27,255,000 in equity and $1,686,000 in loans loss reserves. That gives it a Texas Ratio of 0%. 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
Bank of George U.S. Bank Average
14.45% 8.58

Bank of George has a Return on Equity of 14.45% 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
Bank of George U.S. Bank Average
16.15% 12.11

Bank of George has a Capitalization of 16.15% 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.

Bank of George Balance Sheet Analysis

As of June 30, 2017, Bank of George had assets of $168,736,000, loans of $122,820,000, and deposits of $139,921,000. 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 Bank of George

Branches and Savings

Is Bank of George FDIC insured?

Yes. It is covered under FDIC Certificate #58626.

Why does Bank of George pay such low interest on savings accounts?

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

Why are Bank of George CD rates not competitive?

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

Is Bank of George a commercial bank?

Yes

Where are Bank of George locations?

See branch locations nearby.

Is Bank of George open on Saturdays?

Is Bank of George open on Sundays?

What time does Bank of George open?

What time does Bank of George close?

Are Bank of George ATMs Open 24/7?

Do Bank of George ATMs accept cash deposits?

Can Bank of George customers use other ATMs?

Do Bank of George branches have notaries?

Will Bank of George notarize my document?

What address for Bank of George should I put for incoming ACH transfers?

Will the Bank of George branch print checks?

Do Bank of George checks expire?

Does Bank of George require US citizenship to open account?

Can Bank of George close my account?

Does Bank of George Report to credit bureaus?

Does Bank of George Use Equifax?

What is Bank of George's ACH Routing Number?

What is Bank of George's SWIFT code?

Products

Does Bank of George offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Bank of George offer personal loans?

Compare personal loan rates here.

Does Bank of George offer student loans?

Will Bank of George cash a check?

Will Bank of George redeem a savings bond?

Does Bank of George cash savings bonds?

Will Bank of George cash money orders?

Can Bank of George issue a money order?

Does Bank of George do currency exchange?

Background on The Bank

Who owns Bank of George?

How long has Bank of George been around?

Can Bank of George transfer to other banks?

Does Bank of George have quick pay?

Does Bank of George accept rolled coins?

Will Bank of George accept loose change?

Where is Bank of George headquarters?

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