CF Bancorp

Headquarters

525 Water Street
Port Huron, MI 48060
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

CF Bancorp is an FDIC insured institution located in Port Huron, MI. It was founded in 1937 and has approximately $1.6 billion in assets.

CF Bancorp, Port Huron, Michigan, was closed April 30, 2010 by the Michigan Office of Financial and Insurance Regulation, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with First Michigan Bank, Troy, Michigan, to assume all of the deposits of CF Bancorp.

FDIC Insured Yes
FDIC Certificate # 30005
Date Established 1937
Assets $ 1,712.78 million
Loans $ 1,208.20 million
Deposits $ 1,436.84 million
Capital N.A.
 

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

Deposit Rates - November 30, 2020

Your Current Location: Connecticut, CT 06828

 

Loan Rates - November 30, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for CF Bancorp

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
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AmeriSave Mortgage Corporation
NMLS ID: 1168
2.582% 2.500% 0.88 $2,715 $988 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.554% 2.500% 0.75 $1,775 $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.
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4.000 %
$0 Learn More
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Third Federal Savings and Loans
Third Federal Savings and Loans
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2.240 %
$0 Learn More
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Note to CF Bancorp
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Branches

CF Bancorp 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


CF Bancorp Locations


Financial Details

CF Bancorp Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of CF Bancorp. 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
CF Bancorp U.S. Bank Average
258.68% 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, CF Bancorp had $92,827,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $-22,539,000 in equity and $58,424,000 in loans loss reserves. That gives it a Texas Ratio of 258.68%.

Return on Equity
CF Bancorp U.S. Bank Average
-313.35% 7.80%

CF Bancorp has a Return on Equity of -313.35% 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
CF Bancorp U.S. Bank Average
-1.32% 12.68%

CF Bancorp has a Capitalization of -1.32% 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.

CF Bancorp Balance Sheet Analysis

As of November 30, -0001, CF Bancorp had assets of $1,599,122,000, loans of $1,208,202,000, and deposits of $1,436,836,000. 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 $ 1,208.20 million
Loan loss allowance $ 58.42 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 $ 1,436.84 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 $ 1,712.78 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 CF Bancorp’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, CF Bancorp’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 Cf Bancorp

Branches and Savings

Is Cf Bancorp FDIC insured?

Yes. It is covered under FDIC Certificate #30005.

Why does Cf Bancorp pay such low interest on savings accounts?

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

Why are Cf Bancorp CD rates not competitive?

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

Is Cf Bancorp a commercial bank?

Yes

Where are Cf Bancorp locations?

See branch locations nearby.

Is Cf Bancorp open on Saturdays?

Is Cf Bancorp open on Sundays?

What time does Cf Bancorp open?

What time does Cf Bancorp close?

Are Cf Bancorp ATMs Open 24/7?

Do Cf Bancorp ATMs accept cash deposits?

Can Cf Bancorp customers use other ATMs?

Do Cf Bancorp branches have notaries?

Will Cf Bancorp notarize my document?

What address for Cf Bancorp should I put for incoming ACH transfers?

Will the Cf Bancorp branch print checks?

Do Cf Bancorp checks expire?

Does Cf Bancorp require US citizenship to open account?

Can Cf Bancorp close my account?

Does Cf Bancorp Report to credit bureaus?

Does Cf Bancorp Use Equifax?

What is Cf Bancorp's ACH Routing Number?

What is Cf Bancorp's SWIFT code?

Products

Does Cf Bancorp offer mortgages?

Compare mortgage rates here.

Does Cf Bancorp offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Cf Bancorp offer personal loans?

Compare personal loan rates here.

Does Cf Bancorp offer student loans?

Will Cf Bancorp cash a check?

Will Cf Bancorp redeem a savings bond?

Does Cf Bancorp cash savings bonds?

Will Cf Bancorp cash money orders?

Can Cf Bancorp issue a money order?

Does Cf Bancorp do currency exchange?

Background on The Bank

Who owns Cf Bancorp?

How long has Cf Bancorp been around?

Can Cf Bancorp transfer to other banks?

Does Cf Bancorp have quick pay?

Does Cf Bancorp accept rolled coins?

Will Cf Bancorp accept loose change?

Where is Cf Bancorp headquarters?

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