BTC Legacy Corp.

Headquarters

227 Water Street
Augusta, ME 04330
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.95% →
1-Year CD N.A. 1.01% →
2-Year CD N.A. 0.95% →
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

BTC Legacy Corp. is an FDIC insured institution located in Augusta, ME. It was founded in 1969 and has approximately $0.05 billion in assets.

FDIC Insured Yes
FDIC Certificate # 20012
Date Established 1969
Assets $ 45.26 million
Loans $ 36.40 million
Deposits $ 39.43 million
Capital $ 1.53 million
 

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

Deposit Rates - October 24, 2020

Your Current Location: Virginia, VA 20146


Loan Rates - October 24, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for BTC Legacy Corp.

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
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.575% 2.500% 1.00 $2,470 $988 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
2.240 %
$0 Learn More
More Info

Note to BTC Legacy Corp.
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Branches

BTC Legacy Corp. 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


BTC Legacy Corp. Locations


Financial Details

BTC Legacy Corp. Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of BTC Legacy Corp.. 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
BTC Legacy Corp. U.S. Bank Average
140.2% 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, BTC Legacy Corp. had $1,273,000 in non-current loans and $1,210,000 in owned real estate. To cover these potential losses it had $1,530,000 in equity and $241,000 in loans loss reserves. That gives it a Texas Ratio of 140.2%.

Return on Equity
BTC Legacy Corp. U.S. Bank Average
-65.86% 7.80%

BTC Legacy Corp. has a Return on Equity of -65.86% 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
BTC Legacy Corp. U.S. Bank Average
3.38% 12.68%

BTC Legacy Corp. has a Capitalization of 3.38% 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.

BTC Legacy Corp. Balance Sheet Analysis

As of June 30, 2012, BTC Legacy Corp. had assets of $45,262,000, loans of $36,402,000, and deposits of $39,434,000. 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 N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 36.40 million
Loan loss allowance $ 0.24 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 1.21 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 39.43 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 45.26 million

Summary Income Statement

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

Bank Loan Profile?

The top three loan types in BTC Legacy Corp.’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, BTC Legacy Corp.’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 0.00
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 Btc Legacy Corp.

Branches and Savings

Is Btc Legacy Corp. FDIC insured?

Yes. It is covered under FDIC Certificate #20012.

Why does Btc Legacy Corp. pay such low interest on savings accounts?

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

Why are Btc Legacy Corp. CD rates not competitive?

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

Is Btc Legacy Corp. a commercial bank?

Yes

Where are Btc Legacy Corp. locations?

See branch locations nearby.

Is Btc Legacy Corp. open on Saturdays?

Is Btc Legacy Corp. open on Sundays?

What time does Btc Legacy Corp. open?

What time does Btc Legacy Corp. close?

Are Btc Legacy Corp. ATMs Open 24/7?

Do Btc Legacy Corp. ATMs accept cash deposits?

Can Btc Legacy Corp. customers use other ATMs?

Do Btc Legacy Corp. branches have notaries?

Will Btc Legacy Corp. notarize my document?

What address for Btc Legacy Corp. should I put for incoming ACH transfers?

Will the Btc Legacy Corp. branch print checks?

Do Btc Legacy Corp. checks expire?

Does Btc Legacy Corp. require US citizenship to open account?

Can Btc Legacy Corp. close my account?

Does Btc Legacy Corp. Report to credit bureaus?

Does Btc Legacy Corp. Use Equifax?

What is Btc Legacy Corp.'s ACH Routing Number?

What is Btc Legacy Corp.'s SWIFT code?

Products

Does Btc Legacy Corp. offer mortgages?

Compare mortgage rates here.

Does Btc Legacy Corp. offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Btc Legacy Corp. offer personal loans?

Compare personal loan rates here.

Does Btc Legacy Corp. offer student loans?

Will Btc Legacy Corp. cash a check?

Will Btc Legacy Corp. redeem a savings bond?

Does Btc Legacy Corp. cash savings bonds?

Will Btc Legacy Corp. cash money orders?

Can Btc Legacy Corp. issue a money order?

Does Btc Legacy Corp. do currency exchange?

Background on The Bank

Who owns Btc Legacy Corp.?

How long has Btc Legacy Corp. been around?

Can Btc Legacy Corp. transfer to other banks?

Does Btc Legacy Corp. have quick pay?

Does Btc Legacy Corp. accept rolled coins?

Will Btc Legacy Corp. accept loose change?

Where is Btc Legacy Corp. headquarters?

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