Barclays Bank Delaware

Headquarters

125 South West Street
Wilmington, DE 19801
See all branch locations →

Phone (866) 928-8598

Notable Rates APY Vs.Others
Savings 1.00% 1.40% →
1-Year CD 1.00% 1.15% →
2-Year CD 1.00% 1.26% →
5-Year CD 1.00% 1.56% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

Barclays Bank Delaware is an FDIC insured institution located in Wilmington, DE. It was founded in 2001 and has approximately $33.87 billion in assets.

FDIC Insured Yes
FDIC Certificate # 57203
Date Established 2001
Assets $ 33.87 billion
Loans $ 25.97 billion
Deposits $ 24.16 billion
Capital $ 5.49 billion
 

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

Deposit Rates - July 9, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Online Savings Account
1.00% $0 - Learn More
CD Rates APY MIN MAX
6 Month
0.65% $0 - Learn More
9 Month
0.70% $0 - Learn More
12 Month
1.00% $0 - Learn More
18 Month CD
1.00% $0 - Learn More
24 Month CD
1.00% $0 - Learn More
36 Month CD
1.00% $0 - Learn More
48-Month Online CD
1.00% $0 - Learn More
60 Month CD
1.00% $0 - Learn More

Bank Offers

Barclays Increases Online Savings Rate to 2.20%
Dec 27, 2018

Barclays has increased its online savings rate to 2.20%, matching Synchrony's move yesterday.   Barclays remains beneath the most competitive online banks.


Barclays Bank Delaware Lowers Its Online Savings rate to 1.60% APY
Mar 5, 2020

Barclays became the first of the major online bank to lower its online savings rate earlier today when it lowered its online savings rate to 1.60%.


Barclays Becomes First Major US Online Bank to Lower Savings Rate to 1.15% APY
May 29, 2020

Unfortunately, this may be a sign of where things are going through the rest of 2020.


Barclays Lowers Online Savings Rate to 1% APY
Jun 16, 2020

Barclays has lowered its online savings rate from 1.15% APY to 1% APY this afternoon.



Loan Rates - July 9, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Barclays Bank Delaware

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
Triangle Lending Group, Inc.
NMLS ID: 64446
License#: MC-5531
2.716% 2.625% 0.75 $2,997 $1,005 Learn More
Rocket Mortgage
NMLS ID: 3030
3.494% 3.375% 1.00 $3,750 $1,106 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info

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

Branches

Barclays Bank Delaware 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


Barclays Bank Delaware Locations


Financial Details

Barclays Bank Delaware Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Barclays Bank Delaware. 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
Barclays Bank Delaware U.S. Bank Average
6.05% 6.51%

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 December 31, 2019, Barclays Bank Delaware had $403,000,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $5,487,000,000 in equity and $1,176,000,000 in loans loss reserves. That gives it a Texas Ratio of 6.05%.

Return on Equity
Barclays Bank Delaware U.S. Bank Average
7.03% 9.41%

Barclays Bank Delaware has a Return on Equity of 7.03% versus the BestCashCow average of 9.41%. 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
Barclays Bank Delaware U.S. Bank Average
16.2% 12.82%

Barclays Bank Delaware has a Capitalization of 16.2% versus the BestCashCow average of 12.82. 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.

Barclays Bank Delaware Balance Sheet Analysis

As of December 31, 2019, Barclays Bank Delaware had assets of $33,871,000,000, loans of $25,972,000,000, and deposits of $24,162,000,000. 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

December 31, 2019
ASSETS
Cash & Balances due from depository institutions $ 3.59 billion
Interest-bearing balances $ 3.27 billion
Total securities $ 136.00 million
Federal funds sold and reverse repurchase $ 2.55 billion
Net loans and leases $ 25.97 billion
Loan loss allowance $ 1,176.00 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 598.00 million
All other assets $ 1,004.00 million
     Total Assets $ 28.38 billion
LIABILITIES
Total deposits $ 24.16 billion
      Interest-bearing deposits $ 24.09 billion
      Deposits held in domestic offices $ 24.16 billion
      % insured (estimated) 92.71%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 3.19 billion
Subordinated debt $ 150.00 million
All other liabilities $ 878.00 million
      Total Liabilities $ 28.38 billion
      Shareholders’ Equity $ 5.49 billion

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income $ 3.46 billion
Total Interest Expense $ 661.00 million
Net interest income $ 2.80 billion
Provision for loan and lease losses $ 1,095.00 million
Total non interest income $ 573.00 million
Total non interest expense $ 1,776.00 million
Pre-tax Net Operating Income $ 499.00 million

Bank Loan Profile?

The top three loan types in Barclays Bank Delaware’s loan portfolio are Credit Card Loans, Commercial and Industrial Loans, and Commercial Real Estate.

Compared to other banks in Delaware, Barclays Bank Delaware has a significantly higher percent of Credit Card 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 0.00
Multifamily
Mortgages
0.01
Credit Card Loans 100.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.03
Commercial and Industrial Loans 0.73
Farm Loans 0.00

Frequently Asked Questions About Barclays Bank Delaware

Branches and Savings

Is Barclays Bank Delaware FDIC insured?

Yes. It is covered under FDIC Certificate #57203.

Why does Barclays Bank Delaware pay such low interest on savings accounts?

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

Why are Barclays Bank Delaware CD rates not competitive?

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

Is Barclays Bank Delaware a commercial bank?

Yes

Where are Barclays Bank Delaware locations?

See branch locations nearby.

Is Barclays Bank Delaware open on Saturdays?

Is Barclays Bank Delaware open on Sundays?

What time does Barclays Bank Delaware open?

What time does Barclays Bank Delaware close?

Are Barclays Bank Delaware ATMs Open 24/7?

Do Barclays Bank Delaware ATMs accept cash deposits?

Can Barclays Bank Delaware customers use other ATMs?

Do Barclays Bank Delaware branches have notaries?

Will Barclays Bank Delaware notarize my document?

What address for Barclays Bank Delaware should I put for incoming ACH transfers?

Will the Barclays Bank Delaware branch print checks?

Do Barclays Bank Delaware checks expire?

Does Barclays Bank Delaware require US citizenship to open account?

Can Barclays Bank Delaware close my account?

Does Barclays Bank Delaware Report to credit bureaus?

Does Barclays Bank Delaware Use Equifax?

What is Barclays Bank Delaware's ACH Routing Number?

What is Barclays Bank Delaware's SWIFT code?

Products

Does Barclays Bank Delaware offer mortgages?

Compare mortgage rates here.

Does Barclays Bank Delaware offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Barclays Bank Delaware offer personal loans?

Compare personal loan rates here.

Does Barclays Bank Delaware offer student loans?

Will Barclays Bank Delaware cash a check?

Will Barclays Bank Delaware redeem a savings bond?

Does Barclays Bank Delaware cash savings bonds?

Will Barclays Bank Delaware cash money orders?

Can Barclays Bank Delaware issue a money order?

Does Barclays Bank Delaware do currency exchange?

Background on The Bank

Who owns Barclays Bank Delaware?

How long has Barclays Bank Delaware been around?

Can Barclays Bank Delaware transfer to other banks?

Does Barclays Bank Delaware have quick pay?

Does Barclays Bank Delaware accept rolled coins?

Will Barclays Bank Delaware accept loose change?

Where is Barclays Bank Delaware headquarters?

Customer Reviews for Barclays Bank Delaware (31)


  • February 28, 2020 |

    Online Savings Rates

    This bank used to be the best one but everything has gone to pot here and I mean everything. In 1 year. Avoid this one. There are plenty of better banks on the list.

  • February 04, 2020 |

    Online Savings Rates

    I've been a customer for 5 years+. I was very happy for most of that time. Unlike my experiences with Synchrony and Ally beforehand, withdrawals to my accounts with BoA/Merrill were instant. I hadn't withdrawn for a while until I saw the rate had fallen all the way to 1.70% so decided to make a withdrawal, and it took 3 days. 3 days! I will find a better bank now.

  • January 21, 2020 |

    Online Savings Rates

    I have been a customer for many years. I don't mind the falling rates, but the service has really become poor over the last few months. I see much better rates on BestCashCow and DepositAccounts near me in Fairbanks, Alaska. Bad service and low rates? I am switching bank to giving my business to banks and credit unions servicing my community instead of this.

  • August 22, 2019 |

    Online Savings Rates

    All the rate drops with no notice! This bank was competitive and now I am earning much less.

  • May 18, 2019 |

    Easiest client friendly web site I've found. Adding beneficiaries simple and a welcome bonus. Confirmation of identity search at startup was a hassle but finally solved with assistance of a knowledgable person on phone solved; their inexperienced phone reps are a wealth of misinformation. Savings rate lower than some competitors but maintained thus far; CD rates dropped. Overall a part of my stable of banks until they prove otherwise. Looking at yield ladder I surmised rates aren't "come ons" doomed to drop like a stone post maturity.
    Looking to add more if rates improve. Recommended highly thus far.

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