BankVista

Headquarters

125 Twin Rivers Court
Sartell, MN 56377
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.15% 1.05% →
1-Year CD 0.80% 1.05% →
2-Year CD 1.00% 1.11% →
5-Year CD 1.00% 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

BankVista is an FDIC insured institution located in Sartell, MN. It was founded in 2000 and has approximately $0.35 billion in assets. Customers can open an account at one of its 3 branches.

FDIC Insured Yes
FDIC Certificate # 35406
Date Established 2000
Assets $ 348.25 million
Loans $ 304.96 million
Deposits $ 280.53 million
Capital $ 29.84 million
 

For a more detailed analysis of BankVista'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
0.15% $2,500 $4,999 Learn More
Money Market
0.15% $2,500 $2,999 Learn More
Money Market
0.35% $10,000 $14,999 Learn More
Money Market
0.35% $25,000 $29,999 Learn More
Premium Money Market Account
0.20% $10,000 $14,999 Learn More
Premium Money Market Account
0.20% $25,000 $34,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.25% $10,000 $14,999 Learn More
3 Mo CD
0.25% $100,000 $199,999 Learn More
6 Mo CD
0.45% $10,000 $14,999 Learn More
6 Mo CD
0.45% $100,000 $199,999 Learn More
12 Mo CD
0.80% $10,000 $14,999 Learn More
12 Mo CD
0.80% $100,000 $199,999 Learn More
18 Mo CD
0.80% $10,000 $14,999 Learn More
18 Mo CD
0.80% $100,000 $199,999 Learn More
24 Mo CD
1.00% $10,000 $14,999 Learn More
24 Mo CD
1.00% $100,000 $199,999 Learn More
36 Mo CD
1.00% $10,000 $14,999 Learn More
36 Mo CD
1.00% $100,000 $199,999 Learn More
48 Mo CD
1.00% $10,000 $14,999 Learn More
48 Mo CD
1.00% $100,000 $199,999 Learn More
60 Mo CD
1.00% $10,000 $14,999 Learn More
60 Mo CD
1.00% $100,000 $199,999 Learn More


Loan Rates - August 14, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for BankVista

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
1Rate, Inc
NMLS ID: 1948084
License#: MC-7051
2.970% 2.900% 0.88 $2,264 $1,041 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

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

Branches

BankVista 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


BankVista Locations


Financial Details

BankVista Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of BankVista. 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
BankVista U.S. Bank Average
4.99% 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, BankVista had $1,701,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $29,839,000 in equity and $4,275,000 in loans loss reserves. That gives it a Texas Ratio of 4.99%.

Return on Equity
BankVista U.S. Bank Average
11.68% 7.80%

BankVista has a Return on Equity of 11.68% 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
BankVista U.S. Bank Average
8.57% 12.68%

BankVista has a Capitalization of 8.57% 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.

BankVista Balance Sheet Analysis

As of March 31, 2020, BankVista had assets of $348,250,000, loans of $304,957,000, and deposits of $280,528,000. 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 $ 21.01 million
Interest-bearing balances $ 16.75 million
Total securities $ 10.46 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 304.96 million
Loan loss allowance $ 4.28 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 4.84 million
     Total Assets $ 318.41 million
LIABILITIES
Total deposits $ 280.53 million
      Interest-bearing deposits $ 228.13 million
      Deposits held in domestic offices $ 280.53 million
      % insured (estimated) 81.50%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 35.25 million
Subordinated debt N.A.
All other liabilities $ 2.63 million
      Total Liabilities $ 318.41 million
      Shareholders’ Equity $ 29.84 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 4.32 million
Total Interest Expense $ 1.15 million
Net interest income $ 3.17 million
Provision for loan and lease losses $ 0.23 million
Total non interest income $ 1.07 million
Total non interest expense $ 2.80 million
Pre-tax Net Operating Income $ 1.21 million

Bank Loan Profile?

The top three loan types in BankVista’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and 1-4 Family Residential Loans.

Compared to other banks in Minnesota, BankVista 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 18.77
Multifamily
Mortgages
3.42
Credit Card Loans 0.00
Consumer Auto Loans 0.60
Small Business Loans 0.00
Construction and Development Loans 7.77
Commercial Real Estate 45.20
Commercial and Industrial Loans 22.73
Farm Loans 0.01

Frequently Asked Questions About Bankvista

Branches and Savings

Is Bankvista FDIC insured?

Yes. It is covered under FDIC Certificate #35406.

Why does Bankvista pay such low interest on savings accounts?

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

Why are Bankvista CD rates not competitive?

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

Is Bankvista a commercial bank?

Yes

Where are Bankvista locations?

See branch locations nearby.

Is Bankvista open on Saturdays?

Is Bankvista open on Sundays?

What time does Bankvista open?

What time does Bankvista close?

Are Bankvista ATMs Open 24/7?

Do Bankvista ATMs accept cash deposits?

Can Bankvista customers use other ATMs?

Do Bankvista branches have notaries?

Will Bankvista notarize my document?

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

Will the Bankvista branch print checks?

Do Bankvista checks expire?

Does Bankvista require US citizenship to open account?

Can Bankvista close my account?

Does Bankvista Report to credit bureaus?

Does Bankvista Use Equifax?

What is Bankvista's ACH Routing Number?

What is Bankvista's SWIFT code?

Products

Does Bankvista offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Bankvista offer personal loans?

Compare personal loan rates here.

Does Bankvista offer student loans?

Will Bankvista cash a check?

Will Bankvista redeem a savings bond?

Does Bankvista cash savings bonds?

Will Bankvista cash money orders?

Can Bankvista issue a money order?

Does Bankvista do currency exchange?

Background on The Bank

Who owns Bankvista?

How long has Bankvista been around?

Can Bankvista transfer to other banks?

Does Bankvista have quick pay?

Does Bankvista accept rolled coins?

Will Bankvista accept loose change?

Where is Bankvista headquarters?

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