BankOrion

1114 Fourth Street
Orion, IL 61273

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 11739
Date Established 1890
Assets $0.44 billion
Loans $0.25 billion
Deposits $0.37 billion
Capital $0.05 billion

BankOrion is an FDIC insured institution located in Orion, IL. It was founded in 1890 and has approximately $0.44 billion in assets. Customers can open an account at one of its 9 branches.

For a more detailed analysis of BankOrion'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 BankOrion’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks, BankOrion’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 29.87
Multifamily
Mortgages
7.53
Credit Card Loans 0.00
Consumer Auto Loans 3.21
Small Business Loans 0.00
Construction and Development Loans 2.21
Commercial Real Estate 24.61
Commercial and Industrial Loans 12.05
Farm Loans 5.43

Deposit Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.20% $10,000 - Learn MoreShow Less
6 Mo CD 10K
0.30% $10,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.90% $500 - Learn MoreShow Less
Special: 48 Mo FIRA
2.03% $500 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 10K
0.15% $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
0.10% $1,000 - Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for BankOrion

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 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
3.930% 3.875% 0.25 $1,787 $1,176 Learn More
CapWest Home Loans
NMLS ID: 6521
4.284% 4.250% 0.00 $997 $1,230 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.490% $224.24 Learn More
Flagstar Bank 5.240% $275.79 Learn More

Note to BankOrion
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

BankOrion 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


BankOrion Locations

Financial Details

BankOrion Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of BankOrion. 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
BankOrion U.S. Bank Average
4.23% 8.32%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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, 2017, BankOrion had $2,246,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $50,638,000 in equity and $2,402,000 in loans loss reserves. That gives it a Texas Ratio of 4.23%.

Return on Equity
BankOrion U.S. Bank Average
8.39% 8.84%

BankOrion has a Return on Equity of 8.39% versus the BestCashCow average of 8.84%. 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
BankOrion U.S. Bank Average
11.44% 12.21%

BankOrion has a Capitalization of 11.44% versus the BestCashCow average of 12.21. 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.

BankOrion Balance Sheet Analysis

As of September 30, 2017, BankOrion had assets of $442,613,000, loans of $252,252,000, and deposits of $370,081,000. 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 BankOrion

Branches and Savings

Is BankOrion FDIC insured?

Yes. It is covered under FDIC Certificate #11739.

Why does BankOrion pay such low interest on savings accounts?

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

Why are BankOrion CD rates not competitive?

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

Is BankOrion a commercial bank?

Yes

Where are BankOrion locations?

See branch locations nearby.

Is BankOrion open on Saturdays?

Is BankOrion open on Sundays?

What time does BankOrion open?

What time does BankOrion close?

Are BankOrion ATMs Open 24/7?

Do BankOrion ATMs accept cash deposits?

Can BankOrion customers use other ATMs?

Do BankOrion branches have notaries?

Will BankOrion notarize my document?

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

Will the BankOrion branch print checks?

Do BankOrion checks expire?

Does BankOrion require US citizenship to open account?

Can BankOrion close my account?

Does BankOrion Report to credit bureaus?

Does BankOrion Use Equifax?

What is BankOrion's ACH Routing Number?

What is BankOrion's SWIFT code?

Products

Does BankOrion offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does BankOrion offer personal loans?

Compare personal loan rates here.

Does BankOrion offer student loans?

Will BankOrion cash a check?

Will BankOrion redeem a savings bond?

Does BankOrion cash savings bonds?

Will BankOrion cash money orders?

Can BankOrion issue a money order?

Does BankOrion do currency exchange?

Background on The Bank

Who owns BankOrion?

How long has BankOrion been around?

Can BankOrion transfer to other banks?

Does BankOrion have quick pay?

Does BankOrion accept rolled coins?

Will BankOrion accept loose change?

Where is BankOrion headquarters?

Customer Reviews for BankOrion

There are currently no comments for BankOrion. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →