Brainerd Savings and Loan Association, A Federal Association

524 S 6th Street
Brainerd, MN 56401

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 31443
Date Established 1922
Assets $0.06 billion
Loans $0.04 billion
Deposits $0.05 billion
Capital $0.01 billion

Brainerd Savings and Loan Association, A Federal Association is an FDIC insured institution located in Brainerd, MN. It was founded in 1922 and has approximately $0.06 billion in assets. Customers can open an account at one of its 2 branches.

For a more detailed analysis of Brainerd Savings and Loan Association, A Federal Association'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 Brainerd Savings and Loan Association, A Federal Association’s loan portfolio are 1-4 Family Residential Loans, Small Business Loans, and Commercial Real Estate.

Compared to other banks in Minnesota, Brainerd Savings and Loan Association, A Federal Association 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 88.47
Multifamily
Mortgages
1.61
Credit Card Loans 0.24
Consumer Auto Loans 1.08
Small Business Loans 4.04
Construction and Development Loans 2.40
Commercial Real Estate 4.04
Commercial and Industrial Loans 1.00
Farm Loans 0.00

Deposit Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.15% $500 - Learn MoreShow Less
6 Mo CD 10K
0.15% $500 - Learn MoreShow Less
Savings Rates APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.50% $100 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 2.5K
0.10% $2,500 $9,999 Learn MoreShow Less
MM 10K
0.15% $10,000 $24,999 Learn MoreShow Less
MM 25K
0.20% $25,000 $49,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.01% $1,000 - Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

Home Equity Rates APR Rate Monthly Payment
Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

Brainerd Savings and Loan Association, A Federal 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:
Ashburn,Virginia


Brainerd Savings and Loan Association, A Federal Association Locations

Financial Details

Brainerd Savings and Loan Association, A Federal Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Brainerd Savings and Loan Association, A Federal 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
Brainerd Savings and Loan Association, A Federal Association U.S. Bank Average
27.84% 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, Brainerd Savings and Loan Association, A Federal Association had $858,000 in non-current loans and $784,000 in owned real estate. To cover these potential losses it had $5,470,000 in equity and $427,000 in loans loss reserves. That gives it a Texas Ratio of 27.84%. 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
Brainerd Savings and Loan Association, A Federal Association U.S. Bank Average
-0.8% 8.58

Brainerd Savings and Loan Association, A Federal Association has a Return on Equity of -0.8% 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
Brainerd Savings and Loan Association, A Federal Association U.S. Bank Average
8.48% 12.11

Brainerd Savings and Loan Association, A Federal Association has a Capitalization of 8.48% 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.

Brainerd Savings and Loan Association, A Federal Association Balance Sheet Analysis

As of June 30, 2017, Brainerd Savings and Loan Association, A Federal Association had assets of $64,520,000, loans of $42,346,000, and deposits of $52,696,000. 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 Brainerd Savings and Loan Association, A Federal Association

Branches and Savings

Is Brainerd Savings and Loan Association, A Federal Association FDIC insured?

Yes. It is covered under FDIC Certificate #31443.

Why does Brainerd Savings and Loan Association, A Federal Association pay such low interest on savings accounts?

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

Why are Brainerd Savings and Loan Association, A Federal Association CD rates not competitive?

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

Is Brainerd Savings and Loan Association, A Federal Association a commercial bank?

Yes

Where are Brainerd Savings and Loan Association, A Federal Association locations?

See branch locations nearby.

Is Brainerd Savings and Loan Association, A Federal Association open on Saturdays?

Is Brainerd Savings and Loan Association, A Federal Association open on Sundays?

What time does Brainerd Savings and Loan Association, A Federal Association open?

What time does Brainerd Savings and Loan Association, A Federal Association close?

Are Brainerd Savings and Loan Association, A Federal Association ATMs Open 24/7?

Do Brainerd Savings and Loan Association, A Federal Association ATMs accept cash deposits?

Can Brainerd Savings and Loan Association, A Federal Association customers use other ATMs?

Do Brainerd Savings and Loan Association, A Federal Association branches have notaries?

Will Brainerd Savings and Loan Association, A Federal Association notarize my document?

What address for Brainerd Savings and Loan Association, A Federal Association should I put for incoming ACH transfers?

Will the Brainerd Savings and Loan Association, A Federal Association branch print checks?

Do Brainerd Savings and Loan Association, A Federal Association checks expire?

Does Brainerd Savings and Loan Association, A Federal Association require US citizenship to open account?

Can Brainerd Savings and Loan Association, A Federal Association close my account?

Does Brainerd Savings and Loan Association, A Federal Association Report to credit bureaus?

Does Brainerd Savings and Loan Association, A Federal Association Use Equifax?

What is Brainerd Savings and Loan Association, A Federal Association's ACH Routing Number?

What is Brainerd Savings and Loan Association, A Federal Association's SWIFT code?

Products

Does Brainerd Savings and Loan Association, A Federal Association offer mortgages?

Compare mortgage rates here.

Does Brainerd Savings and Loan Association, A Federal Association offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Brainerd Savings and Loan Association, A Federal Association offer personal loans?

Compare personal loan rates here.

Does Brainerd Savings and Loan Association, A Federal Association offer student loans?

Will Brainerd Savings and Loan Association, A Federal Association cash a check?

Will Brainerd Savings and Loan Association, A Federal Association redeem a savings bond?

Does Brainerd Savings and Loan Association, A Federal Association cash savings bonds?

Will Brainerd Savings and Loan Association, A Federal Association cash money orders?

Can Brainerd Savings and Loan Association, A Federal Association issue a money order?

Does Brainerd Savings and Loan Association, A Federal Association do currency exchange?

Background on The Bank

Who owns Brainerd Savings and Loan Association, A Federal Association?

How long has Brainerd Savings and Loan Association, A Federal Association been around?

Can Brainerd Savings and Loan Association, A Federal Association transfer to other banks?

Does Brainerd Savings and Loan Association, A Federal Association have quick pay?

Does Brainerd Savings and Loan Association, A Federal Association accept rolled coins?

Will Brainerd Savings and Loan Association, A Federal Association accept loose change?

Where is Brainerd Savings and Loan Association, A Federal Association headquarters?

Customer Reviews for Brainerd Savings and Loan Association, A Federal Association

There are currently no comments for Brainerd Savings and Loan Association, A Federal Association. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →