Champion Bank

16790 Centre Court
Parker, CO 80134

 

2018 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 57031
Date Established 2002
Assets $0.05 billion
Loans $0.03 billion
Deposits $0.04 billion
Capital $0.01 billion

Champion Bank is an FDIC insured institution located in Parker, CO. It was founded in 2002 and has approximately $0.05 billion in assets.

For a more detailed analysis of Champion Bank'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 Champion Bank’s loan portfolio are Commercial Real Estate, Small Business Loans, and 1-4 Family Residential Loans.

Compared to other banks in Colorado, Champion Bank has a significantly higher percent of Small Business Loans, 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 27.11
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.18
Small Business Loans 46.21
Construction and Development Loans 2.04
Commercial Real Estate 73.73
Commercial and Industrial Loans 0.65
Farm Loans 0.00

Deposit Rates - December 9, 2018

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.50% $1,000 $9,999 Learn MoreShow Less
Money Market
0.50% $10,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.30% $1,000 - Learn MoreShow Less
6 Mo CD
0.40% $1,000 - Learn MoreShow Less
12 Mo CD
2.00% $1,000 - Learn MoreShow Less
18 Mo CD
1.00% $1,000 - Learn MoreShow Less
24 Mo CD
2.50% $1,000 - Learn MoreShow Less
30 Mo CD
1.15% $1,000 - Learn MoreShow Less
36 Mo CD
3.00% $1,000 - Learn MoreShow Less
48 Mo CD
1.34% $1,000 - Learn MoreShow Less
60 Mo CD
1.53% $1,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
2.00% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.25% $1 - Learn MoreShow Less

Loan Rates - December 9, 2018

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Champion Bank

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
HSBC Bank USA N.A.
NMLS ID: 399799
4.816% 4.750% 0.25 $2,006 $1,305 Learn More
Ally Bank
NMLS ID: 181005
4.794% 4.750% 0.13 $1,359 $1,305 Learn More
Rocket Mortgage
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More

Note to Champion Bank
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Branches

Champion 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:
Ashburn,Virginia


Champion Bank Locations

Financial Details

Champion Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Champion 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
Champion Bank U.S. Bank Average
19.3% 7.92%

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 June 30, 2018, Champion Bank had $983,000 in non-current loans and $1,343,000 in owned real estate. To cover these potential losses it had $11,062,000 in equity and $987,000 in loans loss reserves. That gives it a Texas Ratio of 19.3%.

Return on Equity
Champion Bank U.S. Bank Average
16.43% 9.77%

Champion Bank has a Return on Equity of 16.43% versus the BestCashCow average of 9.77%. 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
Champion Bank U.S. Bank Average
20.37% 12.31%

Champion Bank has a Capitalization of 20.37% versus the BestCashCow average of 12.31. 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.

Champion Bank Balance Sheet Analysis

As of June 30, 2018, Champion Bank had assets of $54,314,000, loans of $27,974,000, and deposits of $43,079,000. 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

June 30, 2018
ASSETS
Cash & Balances due from depository institutions $0.02 billion
Interest-bearing balances $0.02 billion
Total securities $0.00 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.03 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 $0.00 billion
     Total Assets $0.04 billion
LIABILITIES
Total deposits $0.04 billion
      Interest-bearing deposits $0.02 billion
      Deposits held in domestic offices $0.04 billion
      % insured (estimated) 80.02%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.04 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

June 30, 2018
INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 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 Champion Bank

Branches and Savings

Is Champion Bank FDIC insured?

Yes. It is covered under FDIC Certificate #57031.

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

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

Why are Champion Bank CD rates not competitive?

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

Is Champion Bank a commercial bank?

Yes

Where are Champion Bank locations?

See branch locations nearby.

Is Champion Bank open on Saturdays?

Is Champion Bank open on Sundays?

What time does Champion Bank open?

What time does Champion Bank close?

Are Champion Bank ATMs Open 24/7?

Do Champion Bank ATMs accept cash deposits?

Can Champion Bank customers use other ATMs?

Do Champion Bank branches have notaries?

Will Champion Bank notarize my document?

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

Will the Champion Bank branch print checks?

Do Champion Bank checks expire?

Does Champion Bank require US citizenship to open account?

Can Champion Bank close my account?

Does Champion Bank Report to credit bureaus?

Does Champion Bank Use Equifax?

What is Champion Bank's ACH Routing Number?

What is Champion Bank's SWIFT code?

Products

Does Champion Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Champion Bank offer personal loans?

Compare personal loan rates here.

Does Champion Bank offer student loans?

Will Champion Bank cash a check?

Will Champion Bank redeem a savings bond?

Does Champion Bank cash savings bonds?

Will Champion Bank cash money orders?

Can Champion Bank issue a money order?

Does Champion Bank do currency exchange?

Background on The Bank

Who owns Champion Bank?

How long has Champion Bank been around?

Can Champion Bank transfer to other banks?

Does Champion Bank have quick pay?

Does Champion Bank accept rolled coins?

Will Champion Bank accept loose change?

Where is Champion Bank headquarters?

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*All images, logos and public notes on this page appear courtesy of Champion Bank and are not subject to approval of BestCashCow. BestCashCow expressly disclaims all responsibility for this content.