Bank of Whittier, National Association

Headquarters

15141 East Whittier Boulevard
Whittier, CA 90609
See all branch locations →

Bank of Whittier, National Association
Notable Rates APY Vs.Others
Savings 0.75% 1.05% →
1-Year CD 1.10% 1.05% →
2-Year CD 1.35% 1.11% →
5-Year CD N.A. 1.56% →
30-Year Mortgage N.A. 2.88% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Bank of Whittier, National Association is an FDIC insured institution located in Whittier, CA. It was founded in 1982 and has approximately $0.07 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 24211
Date Established 1982
Assets $ 74.76 million
Loans $ 26.56 million
Deposits $ 61.37 million
Capital $ 12.76 million
 

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

Deposit Rates - August 14, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.75% $2,500 $4,999 Learn More
Money Market
0.25% $2,500 $2,999 Learn More
Money Market
0.25% $10,000 $14,999 Learn More
Money Market
0.25% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.30% $10,000 $14,999 Learn More
3 Mo CD
0.30% $100,000 $199,999 Learn More
6 Mo CD
1.00% $10,000 $14,999 Learn More
6 Mo CD
1.00% $100,000 $199,999 Learn More
12 Mo CD
1.10% $10,000 $14,999 Learn More
12 Mo CD
1.10% $100,000 $199,999 Learn More
24 Mo CD
1.35% $10,000 $14,999 Learn More
24 Mo CD
1.35% $100,000 $199,999 Learn More
36 Mo CD
1.40% $10,000 $14,999 Learn More
36 Mo CD
1.40% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.20% $2,500 $3,499 Learn MoreShow Less

Loan Rates - August 14, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank of Whittier, National Association

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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
3.494% 3.375% 1.00 $3,750 $1,106 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.914% 2.875% 0.50 $1,250 $1,038 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
1Rate, Inc
NMLS ID: 1948084
License#: MC-7051
2.812% 2.750% 0.75 $2,038 $1,021 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
3.500 %
$25,000 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info

Note to Bank of Whittier, National Association
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Bank of Whittier, National Association 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 Whittier, National Association Locations


Financial Details

Bank of Whittier, National Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Whittier, National Association. 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 Whittier, National Association U.S. Bank Average
0% 6.94%

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 March 31, 2020, Bank of Whittier, National Association had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $12,760,000 in equity and $1,178,000 in loans loss reserves. That gives it a Texas Ratio of 0%.

Return on Equity
Bank of Whittier, National Association U.S. Bank Average
-2.5% 7.80%

Bank of Whittier, National Association has a Return on Equity of -2.5% versus the BestCashCow average of 7.80%. 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.

Capitalization
Bank of Whittier, National Association U.S. Bank Average
17.07% 12.68%

Bank of Whittier, National Association has a Capitalization of 17.07% versus the BestCashCow average of 12.68. 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 Whittier, National Association Balance Sheet Analysis

As of March 31, 2020, Bank of Whittier, National Association had assets of $74,761,000, loans of $26,561,000, and deposits of $61,369,000. 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

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 45.08 million
Interest-bearing balances $ 44.22 million
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 26.56 million
Loan loss allowance $ 1.18 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 1.48 million
All other assets $ 1.55 million
     Total Assets $ 62.00 million
LIABILITIES
Total deposits $ 61.37 million
      Interest-bearing deposits $ 49.78 million
      Deposits held in domestic offices $ 61.37 million
      % insured (estimated) 78.09%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.63 million
      Total Liabilities $ 62.00 million
      Shareholders’ Equity $ 12.76 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 0.48 million
Total Interest Expense $ 0.23 million
Net interest income $ 0.25 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.18 million
Total non interest expense $ 0.51 million
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Bank of Whittier, National Association’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Multifamily Mortgages.

Compared to other banks in California, Bank of Whittier, National Association 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 42.47
Multifamily
Mortgages
4.47
Credit Card Loans 0.00
Consumer Auto Loans 1.66
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 55.74
Commercial and Industrial Loans 0.09
Farm Loans 0.00

Frequently Asked Questions About Bank Of Whittier, National Association

Branches and Savings

Is Bank Of Whittier, National Association FDIC insured?

Yes. It is covered under FDIC Certificate #24211.

Why does Bank Of Whittier, National Association 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 Whittier, National Association CD rates not competitive?

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

Is Bank Of Whittier, National Association a commercial bank?

Yes

Where are Bank Of Whittier, National Association locations?

See branch locations nearby.

Is Bank Of Whittier, National Association open on Saturdays?

Is Bank Of Whittier, National Association open on Sundays?

What time does Bank Of Whittier, National Association open?

What time does Bank Of Whittier, National Association close?

Are Bank Of Whittier, National Association ATMs Open 24/7?

Do Bank Of Whittier, National Association ATMs accept cash deposits?

Can Bank Of Whittier, National Association customers use other ATMs?

Do Bank Of Whittier, National Association branches have notaries?

Will Bank Of Whittier, National Association notarize my document?

What address for Bank Of Whittier, National Association should I put for incoming ACH transfers?

Will the Bank Of Whittier, National Association branch print checks?

Do Bank Of Whittier, National Association checks expire?

Does Bank Of Whittier, National Association require US citizenship to open account?

Can Bank Of Whittier, National Association close my account?

Does Bank Of Whittier, National Association Report to credit bureaus?

Does Bank Of Whittier, National Association Use Equifax?

What is Bank Of Whittier, National Association's ACH Routing Number?

What is Bank Of Whittier, National Association's SWIFT code?

Products

Does Bank Of Whittier, National Association offer mortgages?

Compare mortgage rates here.

Does Bank Of Whittier, National Association offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bank Of Whittier, National Association offer personal loans?

Compare personal loan rates here.

Does Bank Of Whittier, National Association offer student loans?

Will Bank Of Whittier, National Association cash a check?

Will Bank Of Whittier, National Association redeem a savings bond?

Does Bank Of Whittier, National Association cash savings bonds?

Will Bank Of Whittier, National Association cash money orders?

Can Bank Of Whittier, National Association issue a money order?

Does Bank Of Whittier, National Association do currency exchange?

Background on The Bank

Who owns Bank Of Whittier, National Association?

How long has Bank Of Whittier, National Association been around?

Can Bank Of Whittier, National Association transfer to other banks?

Does Bank Of Whittier, National Association have quick pay?

Does Bank Of Whittier, National Association accept rolled coins?

Will Bank Of Whittier, National Association accept loose change?

Where is Bank Of Whittier, National Association headquarters?

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