Castle Bank, National Association

Headquarters

141 West Lincoln Highway
Dekalb, IL 60115
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.85% →
1-Year CD N.A. 0.70% →
2-Year CD N.A. 0.75% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

Castle Bank, National Association is an FDIC insured institution located in Dekalb, IL. It was founded in 1859 and has approximately $1.06 billion in assets.

FDIC Insured Yes
FDIC Certificate # 13908
Date Established 1859
Assets $ 1,058.88 million
Loans $ 669.20 million
Deposits $ 875.51 million
Capital $ 178.56 million
 

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

Deposit Rates - September 18, 2021

Your Current Location: Connecticut, CT 06828

 

Loan Rates - September 18, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Castle Bank, National Association

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 2021

Lender APR Rate (%) Monthly
Payment
Learn More
PADDIO
NMLS ID: 1907
2.808% 2.750%
-0.25 points
$1,875 fees
$1,021 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.475% 3.375%
0.75 points
$3,125 fees
$1,106 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR 2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
BMO Harris Bank
BMO Harris Bank
See Table
Intro APR 1.790 %
After Intro: 4.840 %
Intro Period: 6 months
$0 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info

Note to Castle Bank, National Association
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Castle Bank, National 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:
Fairfield,Connecticut


Castle Bank, National Association Locations


Financial Details

Castle Bank, National Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Castle Bank, National 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
Castle Bank, National Association U.S. Bank Average
21.46% 5.29%

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, 2021, Castle Bank, National Association had $42,934,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $178,560,000 in equity and $21,496,000 in loans loss reserves. That gives it a Texas Ratio of 21.46%.

Return on Equity
Castle Bank, National Association U.S. Bank Average
-2.67% 11.43%

Castle Bank, National Association has a Return on Equity of -2.67% versus the BestCashCow average of 11.43%. 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
Castle Bank, National Association U.S. Bank Average
16.86% 11.51%

Castle Bank, National Association has a Capitalization of 16.86% versus the BestCashCow average of 11.51. 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.

Castle Bank, National Association Balance Sheet Analysis

As of November 30, -0001, Castle Bank, National Association had assets of $1,058,768,000, loans of $669,197,000, and deposits of $875,507,000. 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, 2021
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 $ 669.20 million
Loan loss allowance $ 21.50 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 875.51 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 $ 1,058.88 million

Summary Income Statement

March 31, 2021
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 Castle Bank, National Association’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Castle Bank, National Association’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 Castle Bank, National Association

Branches and Savings

Is Castle Bank, National Association FDIC insured?

Yes. It is covered under FDIC Certificate #13908.

Why does Castle Bank, National Association pay such low interest on savings accounts?

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

Why are Castle Bank, National Association CD rates not competitive?

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

Is Castle Bank, National Association a commercial bank?

Yes

Where are Castle Bank, National Association locations?

See branch locations nearby.

Is Castle Bank, National Association open on Saturdays?

Is Castle Bank, National Association open on Sundays?

What time does Castle Bank, National Association open?

What time does Castle Bank, National Association close?

Are Castle Bank, National Association ATMs Open 24/7?

Do Castle Bank, National Association ATMs accept cash deposits?

Can Castle Bank, National Association customers use other ATMs?

Do Castle Bank, National Association branches have notaries?

Will Castle Bank, National Association notarize my document?

What address for Castle Bank, National Association should I put for incoming ACH transfers?

Will the Castle Bank, National Association branch print checks?

Do Castle Bank, National Association checks expire?

Does Castle Bank, National Association require US citizenship to open account?

Can Castle Bank, National Association close my account?

Does Castle Bank, National Association Report to credit bureaus?

Does Castle Bank, National Association Use Equifax?

What is Castle Bank, National Association's ACH Routing Number?

What is Castle Bank, National Association's SWIFT code?

Products

Does Castle Bank, National Association offer mortgages?

Compare mortgage rates here.

Does Castle Bank, National Association offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Castle Bank, National Association offer personal loans?

Compare personal loan rates here.

Does Castle Bank, National Association offer student loans?

Will Castle Bank, National Association cash a check?

Will Castle Bank, National Association redeem a savings bond?

Does Castle Bank, National Association cash savings bonds?

Will Castle Bank, National Association cash money orders?

Can Castle Bank, National Association issue a money order?

Does Castle Bank, National Association do currency exchange?

Background on The Bank

Who owns Castle Bank, National Association?

How long has Castle Bank, National Association been around?

Can Castle Bank, National Association transfer to other banks?

Does Castle Bank, National Association have quick pay?

Does Castle Bank, National Association accept rolled coins?

Will Castle Bank, National Association accept loose change?

Where is Castle Bank, National Association headquarters?

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