Bank of the Federated States of Micronesia

Corporate Office, Kaselehlie Street
Pohnpei, FM 96941

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 26539
Date Established 1986
Assets $0.16 billion
Loans $0.05 billion
Deposits $0.14 billion
Capital $0.02 billion

Bank of the Federated States of Micronesia is an FDIC insured institution located in Pohnpei, FM. It was founded in 1986 and has approximately $0.16 billion in assets. Customers can open an account at one of its 5 branches.

For a more detailed analysis of Bank of the Federated States of Micronesia'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 the Federated States of Micronesia’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and Construction and Development Loans.

Compared to other banks in , Bank of the Federated States of Micronesia has a significantly higher percent of 1-4 Family Residential Loans, Multifamily Mortgages, Consumer Auto Loans, Small Business Loans, Construction and Development Loans, Commercial Real Estate, Commercial and Industrial 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 4.83
Multifamily
Mortgages
3.60
Credit Card Loans 0.00
Consumer Auto Loans 4.97
Small Business Loans 9.37
Construction and Development Loans 11.42
Commercial Real Estate 27.50
Commercial and Industrial Loans 23.72
Farm Loans 0.00

Savings Rates

Your Current Location: Virginia, VA 20146

There are currently no rates available for Bank Of The Federated States Of Micronesia, but see these great savings and CD rates:


Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank of the Federated States of Micronesia

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
Rocket Mortgage
NMLS ID: 3030
4.248% 4.180% 0.50 $2,049 $1,220 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.248% 4.180% 0.50 $2,049 $1,220 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 the Federated States of Micronesia
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Branches

Bank of the Federated States of Micronesia 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 The Federated States Of Micronesia Locations

Financial Details

Bank of the Federated States of Micronesia Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of the Federated States of Micronesia. 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 the Federated States of Micronesia U.S. Bank Average
2.6% 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 the Federated States of Micronesia had $584,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $20,920,000 in equity and $1,499,000 in loans loss reserves. That gives it a Texas Ratio of 2.6%. 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 the Federated States of Micronesia U.S. Bank Average
5% 8.58

Bank of the Federated States of Micronesia has a Return on Equity of 5% 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 the Federated States of Micronesia U.S. Bank Average
12.99% 12.11

Bank of the Federated States of Micronesia has a Capitalization of 12.99% 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 the Federated States of Micronesia Balance Sheet Analysis

As of June 30, 2017, Bank of the Federated States of Micronesia had assets of $161,042,000, loans of $47,033,000, and deposits of $138,521,000. 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 the Federated States of Micronesia

Branches and Savings

Is Bank of the Federated States of Micronesia FDIC insured?

Yes. It is covered under FDIC Certificate #26539.

Why does Bank of the Federated States of Micronesia 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 the Federated States of Micronesia CD rates not competitive?

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

Is Bank of the Federated States of Micronesia a commercial bank?

Yes

Where are Bank of the Federated States of Micronesia locations?

See branch locations nearby.

Is Bank of the Federated States of Micronesia open on Saturdays?

Is Bank of the Federated States of Micronesia open on Sundays?

What time does Bank of the Federated States of Micronesia open?

What time does Bank of the Federated States of Micronesia close?

Are Bank of the Federated States of Micronesia ATMs Open 24/7?

Do Bank of the Federated States of Micronesia ATMs accept cash deposits?

Can Bank of the Federated States of Micronesia customers use other ATMs?

Do Bank of the Federated States of Micronesia branches have notaries?

Will Bank of the Federated States of Micronesia notarize my document?

What address for Bank of the Federated States of Micronesia should I put for incoming ACH transfers?

Will the Bank of the Federated States of Micronesia branch print checks?

Do Bank of the Federated States of Micronesia checks expire?

Does Bank of the Federated States of Micronesia require US citizenship to open account?

Can Bank of the Federated States of Micronesia close my account?

Does Bank of the Federated States of Micronesia Report to credit bureaus?

Does Bank of the Federated States of Micronesia Use Equifax?

What is Bank of the Federated States of Micronesia's ACH Routing Number?

What is Bank of the Federated States of Micronesia's SWIFT code?

Products

Does Bank of the Federated States of Micronesia offer mortgages?

Compare mortgage rates here.

Does Bank of the Federated States of Micronesia offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bank of the Federated States of Micronesia offer personal loans?

Compare personal loan rates here.

Does Bank of the Federated States of Micronesia offer student loans?

Will Bank of the Federated States of Micronesia cash a check?

Will Bank of the Federated States of Micronesia redeem a savings bond?

Does Bank of the Federated States of Micronesia cash savings bonds?

Will Bank of the Federated States of Micronesia cash money orders?

Can Bank of the Federated States of Micronesia issue a money order?

Does Bank of the Federated States of Micronesia do currency exchange?

Background on The Bank

Who owns Bank of the Federated States of Micronesia?

How long has Bank of the Federated States of Micronesia been around?

Can Bank of the Federated States of Micronesia transfer to other banks?

Does Bank of the Federated States of Micronesia have quick pay?

Does Bank of the Federated States of Micronesia accept rolled coins?

Will Bank of the Federated States of Micronesia accept loose change?

Where is Bank of the Federated States of Micronesia headquarters?

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