BNY Mellon Trust of Delaware

Headquarters

301 Bellevue Parkway
Wilmington, DE 19809
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

BNY Mellon Trust of Delaware is an FDIC insured institution located in Wilmington, DE. It was founded in 1983 and has approximately $0.14 billion in assets.

FDIC Insured Yes
FDIC Certificate # 24867
Date Established 1983
Assets $ 141.10 million
Loans $ 18.61 million
Deposits $ 51.22 million
Capital $ 85.68 million
 

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

Deposit Rates - September 20, 2020

Your Current Location: Virginia, VA 20146


Loan Rates - September 20, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for BNY Mellon Trust of 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
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.815% 2.750% 0.88 $2,118 $1,021 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info

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Branches

BNY Mellon Trust of 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


BNY Mellon Trust of Delaware Locations


Financial Details

BNY Mellon Trust of Delaware Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of BNY Mellon Trust of 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
BNY Mellon Trust of Delaware U.S. Bank Average
2.61% 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, BNY Mellon Trust of Delaware had $2,080,000 in non-current loans and $188,000 in owned real estate. To cover these potential losses it had $85,675,000 in equity and $1,062,000 in loans loss reserves. That gives it a Texas Ratio of 2.61%.

Return on Equity
BNY Mellon Trust of Delaware U.S. Bank Average
6.65% 7.80%

BNY Mellon Trust of Delaware has a Return on Equity of 6.65% 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
BNY Mellon Trust of Delaware U.S. Bank Average
60.72% 12.68%

BNY Mellon Trust of Delaware has a Capitalization of 60.72% 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.

BNY Mellon Trust of Delaware Balance Sheet Analysis

As of March 31, 2020, BNY Mellon Trust of Delaware had assets of $141,100,000, loans of $18,609,000, and deposits of $51,221,000. 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 $ 61.74 million
Interest-bearing balances $ 61.37 million
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 18.61 million
Loan loss allowance $ 1.06 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.19 million
Goodwill and other intangibles $ 47.08 million
All other assets $ 13.48 million
     Total Assets $ 55.43 million
LIABILITIES
Total deposits $ 51.22 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices $ 51.22 million
      % insured (estimated) 5.19%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 4.20 million
      Total Liabilities $ 55.43 million
      Shareholders’ Equity $ 85.68 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 0.32 million
Total Interest Expense $ 0.00 million
Net interest income $ 0.32 million
Provision for loan and lease losses N.A.
Total non interest income $ 2.81 million
Total non interest expense $ 1.25 million
Pre-tax Net Operating Income $ 1.93 million

Bank Loan Profile?

The top three loan types in BNY Mellon Trust of Delaware’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks in Delaware, BNY Mellon Trust of Delaware has a significantly higher percent of 1-4 Family Residential 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 100.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About Bny Mellon Trust Of Delaware

Branches and Savings

Is Bny Mellon Trust Of Delaware FDIC insured?

Yes. It is covered under FDIC Certificate #24867.

Why does Bny Mellon Trust Of Delaware pay such low interest on savings accounts?

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

Why are Bny Mellon Trust Of Delaware CD rates not competitive?

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

Is Bny Mellon Trust Of Delaware a commercial bank?

Yes

Where are Bny Mellon Trust Of Delaware locations?

See branch locations nearby.

Is Bny Mellon Trust Of Delaware open on Saturdays?

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Products

Does Bny Mellon Trust Of Delaware offer mortgages?

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Does Bny Mellon Trust Of Delaware offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bny Mellon Trust Of Delaware offer personal loans?

Compare personal loan rates here.

Does Bny Mellon Trust Of Delaware offer student loans?

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Does Bny Mellon Trust Of Delaware do currency exchange?

Background on The Bank

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