Catskill Hudson Bank

Headquarters

4445 Route 42 N
Monticello, NY 12701
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.15% 0.91% →
1-Year CD 0.65% 0.85% →
2-Year CD 0.55% 0.95% →
5-Year CD 1.01% 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

Catskill Hudson Bank is an FDIC insured institution located in Monticello, NY. It was founded in 1993 and has approximately $0.51 billion in assets. Customers can open an account at one of its 14 branches.

FDIC Insured Yes
FDIC Certificate # 33859
Date Established 1993
Assets $ 512.13 million
Loans $ 334.63 million
Deposits $ 471.70 million
Capital $ 39.70 million
 

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

Deposit Rates - November 24, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.15% $2,500 $4,999 Learn More
Money Market
0.20% $2,500 $2,999 Learn More
Money Market
0.20% $10,000 $14,999 Learn More
Money Market
0.30% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.20% $10,000 $14,999 Learn More
3 Mo CD
0.20% $100,000 $199,999 Learn More
6 Mo CD
0.40% $10,000 $14,999 Learn More
6 Mo CD
0.40% $100,000 $199,999 Learn More
Special: 9 Mo CD
0.50% $1,000 - Learn More
12 Mo CD
0.65% $10,000 $14,999 Learn More
12 Mo CD
0.65% $100,000 $199,999 Learn More
18 Mo CD
0.50% $10,000 $14,999 Learn More
18 Mo CD
0.50% $100,000 $199,999 Learn More
24 Mo CD
0.55% $10,000 $14,999 Learn More
24 Mo CD
0.55% $100,000 $199,999 Learn More
30 Mo CD
0.85% $10,000 $14,999 Learn More
30 Mo CD
0.85% $100,000 $199,999 Learn More
36 Mo CD
0.75% $10,000 $14,999 Learn More
36 Mo CD
0.75% $100,000 $199,999 Learn More
48 Mo CD
0.90% $10,000 $14,999 Learn More
48 Mo CD
0.90% $100,000 $199,999 Learn More
60 Mo CD
1.01% $10,000 $14,999 Learn More
60 Mo CD
1.01% $100,000 $199,999 Learn More

Fixed IRA Rates APY MIN MAX
Special: 9 Mo FIRA
0.50% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $1 $99 Learn MoreShow Less
Int Ckg
0.10% $2,500 $3,499 Learn MoreShow Less
 

Loan Rates - November 24, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Catskill Hudson 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
2.587% 2.500% 1.00 $2,875 $988 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.557% 2.500% 0.75 $1,860 $988 Learn More

Featured - Connecticut 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 Catskill Hudson Bank
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Branches

Catskill Hudson 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


Catskill Hudson Bank Locations


Financial Details

Catskill Hudson Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Catskill Hudson 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
Catskill Hudson Bank U.S. Bank Average
2.04% 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, Catskill Hudson Bank had $853,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $39,698,000 in equity and $2,212,000 in loans loss reserves. That gives it a Texas Ratio of 2.04%.

Return on Equity
Catskill Hudson Bank U.S. Bank Average
7.89% 7.80%

Catskill Hudson Bank has a Return on Equity of 7.89% 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
Catskill Hudson Bank U.S. Bank Average
7.75% 12.68%

Catskill Hudson Bank has a Capitalization of 7.75% 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.

Catskill Hudson Bank Balance Sheet Analysis

As of March 31, 2020, Catskill Hudson Bank had assets of $512,134,000, loans of $334,625,000, and deposits of $471,700,000. 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 $ 62.89 million
Interest-bearing balances $ 0.03 million
Total securities $ 97.85 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 334.63 million
Loan loss allowance $ 2.21 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.04 million
All other assets $ 5.74 million
     Total Assets $ 472.44 million
LIABILITIES
Total deposits $ 471.70 million
      Interest-bearing deposits $ 389.42 million
      Deposits held in domestic offices $ 471.70 million
      % insured (estimated) 71.35%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.74 million
      Total Liabilities $ 472.44 million
      Shareholders’ Equity $ 39.70 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 4.47 million
Total Interest Expense $ 0.92 million
Net interest income $ 3.55 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.29 million
Total non interest expense $ 3.31 million
Pre-tax Net Operating Income $ 0.52 million

Bank Loan Profile?

The top three loan types in Catskill Hudson Bank’s loan portfolio are Commercial Real Estate, Multifamily Mortgages, and 1-4 Family Residential Loans.

Compared to other banks in New York, Catskill Hudson Bank has a significantly higher percent of Commercial Real Estate 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 10.72
Multifamily
Mortgages
13.86
Credit Card Loans 0.00
Consumer Auto Loans 0.18
Small Business Loans 0.00
Construction and Development Loans 9.83
Commercial Real Estate 56.27
Commercial and Industrial Loans 9.12
Farm Loans 0.00

Frequently Asked Questions About Catskill Hudson Bank

Branches and Savings

Is Catskill Hudson Bank FDIC insured?

Yes. It is covered under FDIC Certificate #33859.

Why does Catskill Hudson Bank pay such low interest on savings accounts?

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

Why are Catskill Hudson Bank CD rates not competitive?

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

Is Catskill Hudson Bank a commercial bank?

Yes

Where are Catskill Hudson Bank locations?

See branch locations nearby.

Is Catskill Hudson Bank open on Saturdays?

Is Catskill Hudson Bank open on Sundays?

What time does Catskill Hudson Bank open?

What time does Catskill Hudson Bank close?

Are Catskill Hudson Bank ATMs Open 24/7?

Do Catskill Hudson Bank ATMs accept cash deposits?

Can Catskill Hudson Bank customers use other ATMs?

Do Catskill Hudson Bank branches have notaries?

Will Catskill Hudson Bank notarize my document?

What address for Catskill Hudson Bank should I put for incoming ACH transfers?

Will the Catskill Hudson Bank branch print checks?

Do Catskill Hudson Bank checks expire?

Does Catskill Hudson Bank require US citizenship to open account?

Can Catskill Hudson Bank close my account?

Does Catskill Hudson Bank Report to credit bureaus?

Does Catskill Hudson Bank Use Equifax?

What is Catskill Hudson Bank's ACH Routing Number?

What is Catskill Hudson Bank's SWIFT code?

Products

Does Catskill Hudson Bank offer mortgages?

Compare mortgage rates here.

Does Catskill Hudson Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Catskill Hudson Bank offer personal loans?

Compare personal loan rates here.

Does Catskill Hudson Bank offer student loans?

Will Catskill Hudson Bank cash a check?

Will Catskill Hudson Bank redeem a savings bond?

Does Catskill Hudson Bank cash savings bonds?

Will Catskill Hudson Bank cash money orders?

Can Catskill Hudson Bank issue a money order?

Does Catskill Hudson Bank do currency exchange?

Background on The Bank

Who owns Catskill Hudson Bank?

How long has Catskill Hudson Bank been around?

Can Catskill Hudson Bank transfer to other banks?

Does Catskill Hudson Bank have quick pay?

Does Catskill Hudson Bank accept rolled coins?

Will Catskill Hudson Bank accept loose change?

Where is Catskill Hudson Bank headquarters?

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