Carthage Federal Savings and Loan Association

313 State St
Carthage, NY 13619

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 28942
Date Established 1888
Assets $0.21 billion
Loans $0.17 billion
Deposits $0.16 billion
Capital $0.02 billion

Carthage Federal Savings and Loan Association is an FDIC insured institution located in Carthage, NY. It was founded in 1888 and has approximately $0.21 billion in assets. Customers can open an account at one of its 4 branches.

For a more detailed analysis of Carthage Federal Savings and Loan 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 Carthage Federal Savings and Loan Association’s loan portfolio are 1-4 Family Residential Loans, Construction and Development Loans, and Consumer Auto Loans.

Compared to other banks in New York, Carthage Federal Savings and Loan 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 94.30
Multifamily
Mortgages
0.03
Credit Card Loans 0.00
Consumer Auto Loans 1.49
Small Business Loans 1.31
Construction and Development Loans 1.73
Commercial Real Estate 1.31
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Deposit Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
Savings Rates APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.50% $500 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 2.5K
0.10% $2,500 $4,999 Learn MoreShow Less
MM 10K
0.25% $10,000 $39,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.10% $1 - Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Carthage Federal Savings and Loan Association

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 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
License#: MC-2462
4.556% 4.500% 0.13 $1,632 $1,267 Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
4.564% 4.500% 0.25 $1,878 $1,267 Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
4.320% 4.250% 0.38 $2,180 $1,230 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.125% 5.125% 0.00 $0 $1,362 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.990% $238.42 Learn More
Flagstar Bank 5.490% $283.58 Learn More

Note to Carthage Federal Savings and Loan Association
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Carthage Federal Savings and Loan 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


Carthage Federal Savings and Loan Association Locations

Financial Details

Carthage Federal Savings and Loan Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Carthage Federal Savings and Loan 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
Carthage Federal Savings and Loan Association U.S. Bank Average
0.94% 8.32%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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 September 30, 2017, Carthage Federal Savings and Loan Association had $234,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $24,127,000 in equity and $863,000 in loans loss reserves. That gives it a Texas Ratio of 0.94%.

Return on Equity
Carthage Federal Savings and Loan Association U.S. Bank Average
9% 8.84%

Carthage Federal Savings and Loan Association has a Return on Equity of 9% versus the BestCashCow average of 8.84%. 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
Carthage Federal Savings and Loan Association U.S. Bank Average
11.61% 12.21%

Carthage Federal Savings and Loan Association has a Capitalization of 11.61% versus the BestCashCow average of 12.21. 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.

Carthage Federal Savings and Loan Association Balance Sheet Analysis

As of December 31, 2017, Carthage Federal Savings and Loan Association had assets of $207,823,000, loans of $169,435,000, and deposits of $164,404,000. 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

ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.01 billion
Total securities $0.01 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.17 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.01 billion
     Total Assets $0.18 billion
LIABILITIES
Total deposits $0.16 billion
      Interest-bearing deposits $0.15 billion
      Deposits held in domestic offices $0.16 billion
      % insured (estimated) 85.44%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.02 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.18 billion
      Shareholders’ Equity $0.02 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $0.01 billion
Total Interest Expense $0.00 billion
Net interest income $0.01 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Frequently Asked Questions About Carthage Federal Savings And Loan Association

Branches and Savings

Is Carthage Federal Savings And Loan Association FDIC insured?

Yes. It is covered under FDIC Certificate #28942.

Why does Carthage Federal Savings And Loan Association pay such low interest on savings accounts?

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

Why are Carthage Federal Savings And Loan Association CD rates not competitive?

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

Is Carthage Federal Savings And Loan Association a commercial bank?

Yes

Where are Carthage Federal Savings And Loan Association locations?

See branch locations nearby.

Is Carthage Federal Savings And Loan Association open on Saturdays?

Is Carthage Federal Savings And Loan Association open on Sundays?

What time does Carthage Federal Savings And Loan Association open?

What time does Carthage Federal Savings And Loan Association close?

Are Carthage Federal Savings And Loan Association ATMs Open 24/7?

Do Carthage Federal Savings And Loan Association ATMs accept cash deposits?

Can Carthage Federal Savings And Loan Association customers use other ATMs?

Do Carthage Federal Savings And Loan Association branches have notaries?

Will Carthage Federal Savings And Loan Association notarize my document?

What address for Carthage Federal Savings And Loan Association should I put for incoming ACH transfers?

Will the Carthage Federal Savings And Loan Association branch print checks?

Do Carthage Federal Savings And Loan Association checks expire?

Does Carthage Federal Savings And Loan Association require US citizenship to open account?

Can Carthage Federal Savings And Loan Association close my account?

Does Carthage Federal Savings And Loan Association Report to credit bureaus?

Does Carthage Federal Savings And Loan Association Use Equifax?

What is Carthage Federal Savings And Loan Association's ACH Routing Number?

What is Carthage Federal Savings And Loan Association's SWIFT code?

Products

Does Carthage Federal Savings And Loan Association offer mortgages?

Compare mortgage rates here.

Does Carthage Federal Savings And Loan Association offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Carthage Federal Savings And Loan Association offer personal loans?

Compare personal loan rates here.

Does Carthage Federal Savings And Loan Association offer student loans?

Will Carthage Federal Savings And Loan Association cash a check?

Will Carthage Federal Savings And Loan Association redeem a savings bond?

Does Carthage Federal Savings And Loan Association cash savings bonds?

Will Carthage Federal Savings And Loan Association cash money orders?

Can Carthage Federal Savings And Loan Association issue a money order?

Does Carthage Federal Savings And Loan Association do currency exchange?

Background on The Bank

Who owns Carthage Federal Savings And Loan Association?

How long has Carthage Federal Savings And Loan Association been around?

Can Carthage Federal Savings And Loan Association transfer to other banks?

Does Carthage Federal Savings And Loan Association have quick pay?

Does Carthage Federal Savings And Loan Association accept rolled coins?

Will Carthage Federal Savings And Loan Association accept loose change?

Where is Carthage Federal Savings And Loan Association headquarters?

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