Builders Bank

Headquarters

203 North Lasalle Street, Suite M-5
Chicago, IL 60601
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.91% →
1-Year CD N.A. 0.85% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.61% →
15-Year Mortgage N.A. 2.31% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Builders Bank is an FDIC insured institution located in Chicago, IL. It was founded in 1997 and has approximately $0.02 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 34613
Date Established 1997
Assets $ 17.41 million
Loans $ 7.43 million
Deposits N.A.
Capital $ 16.99 million
 

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

Deposit Rates - November 29, 2020

Your Current Location: Connecticut, CT 06828

 

Loan Rates - November 29, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Builders Bank

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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
2.687% 2.625% 0.63 $2,015 $1,005 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.557% 2.500% 0.75 $1,880 $988 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

Note to Builders Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Builders 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:
Fairfield,Connecticut


Builders Bank Locations


Financial Details

Builders Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Builders 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
Builders Bank U.S. Bank Average
42.57% 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, Builders Bank had $0 in non-current loans and $7,430,000 in owned real estate. To cover these potential losses it had $16,990,000 in equity and $463,000 in loans loss reserves. That gives it a Texas Ratio of 42.57%.

Return on Equity
Builders Bank U.S. Bank Average
-19.19% 7.80%

Builders Bank has a Return on Equity of -19.19% 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
Builders Bank U.S. Bank Average
97.6% 12.68%

Builders Bank has a Capitalization of 97.6% 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.

Builders Bank Balance Sheet Analysis

As of March 31, 2017, Builders Bank had assets of $17,407,000, loans of $7,432,000, and deposits of $0. 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 $ 7.43 million
Loan loss allowance $ 0.46 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 7.43 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits N.A.
      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 $ 17.41 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 Builders Bank’s loan portfolio are Construction and Development Loans, 1-4 Family Residential Loans, and Multifamily Mortgages.

Compared to other banks in Illinois, Builders Bank has a significantly higher percent of 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 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 100.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About Builders Bank

Branches and Savings

Is Builders Bank FDIC insured?

Yes. It is covered under FDIC Certificate #34613.

Why does Builders Bank pay such low interest on savings accounts?

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

Why are Builders Bank CD rates not competitive?

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

Is Builders Bank a commercial bank?

Yes

Where are Builders Bank locations?

See branch locations nearby.

Is Builders Bank open on Saturdays?

Is Builders Bank open on Sundays?

What time does Builders Bank open?

What time does Builders Bank close?

Are Builders Bank ATMs Open 24/7?

Do Builders Bank ATMs accept cash deposits?

Can Builders Bank customers use other ATMs?

Do Builders Bank branches have notaries?

Will Builders Bank notarize my document?

What address for Builders Bank should I put for incoming ACH transfers?

Will the Builders Bank branch print checks?

Do Builders Bank checks expire?

Does Builders Bank require US citizenship to open account?

Can Builders Bank close my account?

Does Builders Bank Report to credit bureaus?

Does Builders Bank Use Equifax?

What is Builders Bank's ACH Routing Number?

What is Builders Bank's SWIFT code?

Products

Does Builders Bank offer mortgages?

Compare mortgage rates here.

Does Builders Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Builders Bank offer personal loans?

Compare personal loan rates here.

Does Builders Bank offer student loans?

Will Builders Bank cash a check?

Will Builders Bank redeem a savings bond?

Does Builders Bank cash savings bonds?

Will Builders Bank cash money orders?

Can Builders Bank issue a money order?

Does Builders Bank do currency exchange?

Background on The Bank

Who owns Builders Bank?

How long has Builders Bank been around?

Can Builders Bank transfer to other banks?

Does Builders Bank have quick pay?

Does Builders Bank accept rolled coins?

Will Builders Bank accept loose change?

Where is Builders Bank headquarters?

Customer Reviews for Builders Bank


  • August 04, 2015

    they no longer automatically renew a cd OR IRA ,and they closed their 1660 LaSalle St office.It appears they may be in financial difficulties. If so they should notify their clients.

Add Your Review

Rate it here →