BEACON BUSINESS BANK, NATIONAL ASSOCIATION

88 Kearny Street, Suite 1750
San Francisco, CA 94108

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 25644
Date Established 1984
Assets $0.14 billion
Loans $0.10 billion
Deposits $0.12 billion
Capital $0.02 billion

BEACON BUSINESS BANK, NATIONAL ASSOCIATION is an FDIC insured institution located in San Francisco, CA. It was founded in 1984 and has approximately $0.14 billion in assets. Customers can open an account at one of its 3 branches.

For a more detailed analysis of BEACON BUSINESS BANK, NATIONAL ASSOCIATION's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - October 15, 2019

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Money Market
0.05% $2,500 $24,999 Learn MoreShow Less
Money Market
0.10% $25,000 $49,999 Learn MoreShow Less
Premium Money Market Account
0.05% $1 $24,999 Learn MoreShow Less
Premium Money Market Account
0.10% $25,000 $99,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.15% $2,500 $19,999 Learn MoreShow Less
3 Mo CD
0.15% $100,000 $500,000 Learn MoreShow Less
6 Mo CD
0.20% $2,500 $19,999 Learn MoreShow Less
6 Mo CD
0.20% $100,000 $500,000 Learn MoreShow Less
12 Mo CD
0.30% $2,500 $19,999 Learn MoreShow Less
12 Mo CD
0.30% $100,000 $500,000 Learn MoreShow Less
Special: 18 Mo CD
0.35% $2,500 $19,999 Learn MoreShow Less
24 Mo CD
0.35% $2,500 $19,999 Learn MoreShow Less
24 Mo CD
0.35% $100,000 $500,000 Learn MoreShow Less
36 Mo CD
0.50% $2,500 $19,999 Learn MoreShow Less
36 Mo CD
0.50% $100,000 $500,000 Learn MoreShow Less
48 Mo CD
0.55% $2,500 $19,999 Learn MoreShow Less
48 Mo CD
0.55% $100,000 $500,000 Learn MoreShow Less
60 Mo CD
0.70% $2,500 $19,999 Learn MoreShow Less
60 Mo CD
0.70% $100,000 $500,000 Learn MoreShow Less

Variable IRA Rates APY MIN MAX
Var IRA
0.50% $500 $49,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.01% $1 $2,499 Learn MoreShow Less
Int Ckg
0.05% $2,500 $24,999 Learn MoreShow Less

Loan Rates - October 15, 2019

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for BEACON BUSINESS BANK, NATIONAL ASSOCIATION

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Connecticut 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
3.536% 3.500% 0.50 $1,130 $1,123 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.990 %
$0 Learn More
More Info

Note to BEACON BUSINESS BANK, NATIONAL ASSOCIATION
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

BEACON BUSINESS BANK, 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:
Fairfield,Connecticut


BEACON BUSINESS BANK, NATIONAL ASSOCIATION Locations


Financial Details

BEACON BUSINESS BANK, NATIONAL ASSOCIATION Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of BEACON BUSINESS BANK, 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
BEACON BUSINESS BANK, NATIONAL ASSOCIATION U.S. Bank Average
5.16% 6.77%

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 June 30, 2019, BEACON BUSINESS BANK, NATIONAL ASSOCIATION had $1,109,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $18,509,000 in equity and $2,973,000 in loans loss reserves. That gives it a Texas Ratio of 5.16%.

Return on Equity
BEACON BUSINESS BANK, NATIONAL ASSOCIATION U.S. Bank Average
12.17% 9.50%

BEACON BUSINESS BANK, NATIONAL ASSOCIATION has a Return on Equity of 12.17% versus the BestCashCow average of 9.50%. 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
BEACON BUSINESS BANK, NATIONAL ASSOCIATION U.S. Bank Average
13.46% 12.76%

BEACON BUSINESS BANK, NATIONAL ASSOCIATION has a Capitalization of 13.46% versus the BestCashCow average of 12.76. 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.

BEACON BUSINESS BANK, NATIONAL ASSOCIATION Balance Sheet Analysis

As of June 30, 2019, BEACON BUSINESS BANK, NATIONAL ASSOCIATION had assets of $137,478,000, loans of $97,758,000, and deposits of $117,578,000. 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

June 30, 2019
ASSETS
Cash & Balances due from depository institutions $0.03 billion
Interest-bearing balances $0.02 billion
Total securities $0.01 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.10 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.12 billion
LIABILITIES
Total deposits $0.12 billion
      Interest-bearing deposits $0.08 billion
      Deposits held in domestic offices $0.12 billion
      % insured (estimated) 61.14%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.12 billion
      Shareholders’ Equity $0.02 billion

Summary Income Statement

June 30, 2019
INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Bank Loan Profile?

The top three loan types in BEACON BUSINESS BANK, NATIONAL ASSOCIATION’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks, BEACON BUSINESS BANK, NATIONAL ASSOCIATION’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 21.83
Multifamily
Mortgages
10.16
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 11.17
Construction and Development Loans 1.53
Commercial Real Estate 54.77
Commercial and Industrial Loans 14.47
Farm Loans 0.00

Frequently Asked Questions About Beacon Business Bank, National Association

Branches and Savings

Is Beacon Business Bank, National Association FDIC insured?

Yes. It is covered under FDIC Certificate #25644.

Why does Beacon Business Bank, 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 Beacon Business Bank, National Association CD rates not competitive?

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

Is Beacon Business Bank, National Association a commercial bank?

Yes

Where are Beacon Business Bank, National Association locations?

See branch locations nearby.

Is Beacon Business Bank, National Association open on Saturdays?

Is Beacon Business Bank, National Association open on Sundays?

What time does Beacon Business Bank, National Association open?

What time does Beacon Business Bank, National Association close?

Are Beacon Business Bank, National Association ATMs Open 24/7?

Do Beacon Business Bank, National Association ATMs accept cash deposits?

Can Beacon Business Bank, National Association customers use other ATMs?

Do Beacon Business Bank, National Association branches have notaries?

Will Beacon Business Bank, National Association notarize my document?

What address for Beacon Business Bank, National Association should I put for incoming ACH transfers?

Will the Beacon Business Bank, National Association branch print checks?

Do Beacon Business Bank, National Association checks expire?

Does Beacon Business Bank, National Association require US citizenship to open account?

Can Beacon Business Bank, National Association close my account?

Does Beacon Business Bank, National Association Report to credit bureaus?

Does Beacon Business Bank, National Association Use Equifax?

What is Beacon Business Bank, National Association's ACH Routing Number?

What is Beacon Business Bank, National Association's SWIFT code?

Products

Does Beacon Business Bank, National Association offer mortgages?

Compare mortgage rates here.

Does Beacon Business Bank, National Association offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Beacon Business Bank, National Association offer personal loans?

Compare personal loan rates here.

Does Beacon Business Bank, National Association offer student loans?

Will Beacon Business Bank, National Association cash a check?

Will Beacon Business Bank, National Association redeem a savings bond?

Does Beacon Business Bank, National Association cash savings bonds?

Will Beacon Business Bank, National Association cash money orders?

Can Beacon Business Bank, National Association issue a money order?

Does Beacon Business Bank, National Association do currency exchange?

Background on The Bank

Who owns Beacon Business Bank, National Association?

How long has Beacon Business Bank, National Association been around?

Can Beacon Business Bank, National Association transfer to other banks?

Does Beacon Business Bank, National Association have quick pay?

Does Beacon Business Bank, National Association accept rolled coins?

Will Beacon Business Bank, National Association accept loose change?

Where is Beacon Business Bank, National Association headquarters?

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