BankEast

607 Market Street
Knoxville, TN 37902

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 19869
Date Established 1968
Assets $0.26 billion
Loans $0.17 billion
Deposits $0.26 billion
Capital $0.00 billion

BankEast is an FDIC insured institution located in Knoxville, TN. It was founded in 1968 and has approximately $0.26 billion in assets.

For a more detailed analysis of BankEast'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 BankEast’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, BankEast’s loan portfolio does not show any specific loan specialty.

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 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Savings Rates

Your Current Location: Virginia, VA 20146

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


Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for BankEast

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 BankEast
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Branches

BankEast 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


Bankeast Locations

Financial Details

BankEast Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of BankEast. 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
BankEast U.S. Bank Average
351.74% 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, BankEast had $31,546,000 in non-current loans and $4,645,000 in owned real estate. To cover these potential losses it had $1,021,000 in equity and $9,268,000 in loans loss reserves. That gives it a Texas Ratio of 351.74%. 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
BankEast U.S. Bank Average
-127.2% 8.58

BankEast has a Return on Equity of -127.2% 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
BankEast U.S. Bank Average
0.39% 12.11

BankEast has a Capitalization of 0.39% 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.

BankEast Balance Sheet Analysis

As of December 31, 2011, BankEast had assets of $261,947,000, loans of $171,555,000, and deposits of $259,571,000. 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 BankEast

Branches and Savings

Is BankEast FDIC insured?

Yes. It is covered under FDIC Certificate #19869.

Why does BankEast pay such low interest on savings accounts?

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

Why are BankEast CD rates not competitive?

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

Is BankEast a commercial bank?

Yes

Where are BankEast locations?

See branch locations nearby.

Is BankEast open on Saturdays?

Is BankEast open on Sundays?

What time does BankEast open?

What time does BankEast close?

Are BankEast ATMs Open 24/7?

Do BankEast ATMs accept cash deposits?

Can BankEast customers use other ATMs?

Do BankEast branches have notaries?

Will BankEast notarize my document?

What address for BankEast should I put for incoming ACH transfers?

Will the BankEast branch print checks?

Do BankEast checks expire?

Does BankEast require US citizenship to open account?

Can BankEast close my account?

Does BankEast Report to credit bureaus?

Does BankEast Use Equifax?

What is BankEast's ACH Routing Number?

What is BankEast's SWIFT code?

Products

Does BankEast offer mortgages?

Compare mortgage rates here.

Does BankEast offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does BankEast offer personal loans?

Compare personal loan rates here.

Does BankEast offer student loans?

Will BankEast cash a check?

Will BankEast redeem a savings bond?

Does BankEast cash savings bonds?

Will BankEast cash money orders?

Can BankEast issue a money order?

Does BankEast do currency exchange?

Background on The Bank

Who owns BankEast?

How long has BankEast been around?

Can BankEast transfer to other banks?

Does BankEast have quick pay?

Does BankEast accept rolled coins?

Will BankEast accept loose change?

Where is BankEast headquarters?

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