Bedford Federal Savings Bank

1030 15th Street
Bedford, IN 47421

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 29024
Date Established 1934
Assets $0.12 billion
Loans $0.10 billion
Deposits $0.11 billion
Capital $0.01 billion

Bedford Federal Savings Bank is an FDIC insured institution located in Bedford, IN. It was founded in 1934 and has approximately $0.12 billion in assets. Customers can open an account at one of its 2 branches.

For a more detailed analysis of Bedford Federal Savings Bank'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 Bedford Federal Savings Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Construction and Development Loans.

Compared to other banks in Indiana, Bedford Federal Savings Bank has a significantly higher percent of 1-4 Family Residential Loans, Construction and Development 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 70.11
Multifamily
Mortgages
0.09
Credit Card Loans 0.00
Consumer Auto Loans 1.73
Small Business Loans 8.13
Construction and Development Loans 9.93
Commercial Real Estate 10.86
Commercial and Industrial Loans 5.77
Farm Loans 0.00

Savings Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.10% $1,000 $49,999 Learn MoreShow Less
3 Mo CD 100K
0.25% $100,000 - Learn MoreShow Less
6 Mo CD 10K
0.15% $1,000 $49,999 Learn MoreShow Less
6 Mo CD 100K
0.30% $100,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Savings 2.5K
0.01% $1 $9,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.65% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA 0K
0.40% $25 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 2.5K
0.01% $1 $9,999 Learn MoreShow Less
MM 10K
0.10% $10,000 $49,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.01% $1 $999 Learn MoreShow Less
Int Ckg 2.5K
0.01% $1,000 $24,999 Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bedford Federal Savings Bank

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
Poli Mortgage Group Inc
NMLS ID: 1979
License#: MC-5501
3.875% 3.875% 0.00 $0 $1,176 Learn More
Cornerstone Home Lending
NMLS ID: 119622
License#: MC-4673
4.000% 4.000% 0.00 $0 $1,194 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 Bedford Federal Savings Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Bedford Federal Savings Bank 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


Bedford Federal Savings Bank Locations

Financial Details

Bedford Federal Savings Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bedford Federal Savings Bank. 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
Bedford Federal Savings Bank U.S. Bank Average
7.66% 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, Bedford Federal Savings Bank had $960,000 in non-current loans and $148,000 in owned real estate. To cover these potential losses it had $13,460,000 in equity and $1,013,000 in loans loss reserves. That gives it a Texas Ratio of 7.66%. 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
Bedford Federal Savings Bank U.S. Bank Average
6.6% 8.58

Bedford Federal Savings Bank has a Return on Equity of 6.6% 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
Bedford Federal Savings Bank U.S. Bank Average
11.11% 12.11

Bedford Federal Savings Bank has a Capitalization of 11.11% 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.

Bedford Federal Savings Bank Balance Sheet Analysis

As of June 30, 2017, Bedford Federal Savings Bank had assets of $121,166,000, loans of $97,772,000, and deposits of $106,215,000. 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 Bedford Federal Savings Bank

Branches and Savings

Is Bedford Federal Savings Bank FDIC insured?

Yes. It is covered under FDIC Certificate #29024.

Why does Bedford Federal Savings Bank pay such low interest on savings accounts?

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

Why are Bedford Federal Savings Bank CD rates not competitive?

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

Is Bedford Federal Savings Bank a commercial bank?

Yes

Where are Bedford Federal Savings Bank locations?

See branch locations nearby.

Is Bedford Federal Savings Bank open on Saturdays?

Is Bedford Federal Savings Bank open on Sundays?

What time does Bedford Federal Savings Bank open?

What time does Bedford Federal Savings Bank close?

Are Bedford Federal Savings Bank ATMs Open 24/7?

Do Bedford Federal Savings Bank ATMs accept cash deposits?

Can Bedford Federal Savings Bank customers use other ATMs?

Do Bedford Federal Savings Bank branches have notaries?

Will Bedford Federal Savings Bank notarize my document?

What address for Bedford Federal Savings Bank should I put for incoming ACH transfers?

Will the Bedford Federal Savings Bank branch print checks?

Do Bedford Federal Savings Bank checks expire?

Does Bedford Federal Savings Bank require US citizenship to open account?

Can Bedford Federal Savings Bank close my account?

Does Bedford Federal Savings Bank Report to credit bureaus?

Does Bedford Federal Savings Bank Use Equifax?

What is Bedford Federal Savings Bank's ACH Routing Number?

What is Bedford Federal Savings Bank's SWIFT code?

Products

Does Bedford Federal Savings Bank offer mortgages?

Compare mortgage rates here.

Does Bedford Federal Savings Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bedford Federal Savings Bank offer personal loans?

Compare personal loan rates here.

Does Bedford Federal Savings Bank offer student loans?

Will Bedford Federal Savings Bank cash a check?

Will Bedford Federal Savings Bank redeem a savings bond?

Does Bedford Federal Savings Bank cash savings bonds?

Will Bedford Federal Savings Bank cash money orders?

Can Bedford Federal Savings Bank issue a money order?

Does Bedford Federal Savings Bank do currency exchange?

Background on The Bank

Who owns Bedford Federal Savings Bank?

How long has Bedford Federal Savings Bank been around?

Can Bedford Federal Savings Bank transfer to other banks?

Does Bedford Federal Savings Bank have quick pay?

Does Bedford Federal Savings Bank accept rolled coins?

Will Bedford Federal Savings Bank accept loose change?

Where is Bedford Federal Savings Bank headquarters?

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