Champion Bank

Headquarters

11401 Olive Boulevard
Creve Coeur, MO 63141
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Champion Bank is an FDIC insured institution located in Creve Coeur, MO. It was founded in 2006 and has approximately $0.2 billion in assets.

Champion Bank, Creve Coeur, Missouri, was closed April 30, 2010 by the Missouri Division of Finance, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with BankLiberty, Liberty, Missouri, to assume all of the deposits of Champion Bank.

FDIC Insured Yes
FDIC Certificate # 58362
Date Established 2006
Assets $ 187.34 million
Loans $ 134.72 million
Deposits $ 153.76 million
Capital $ 4.50 million
 

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.

Deposit Rates - September 22, 2020

Your Current Location: Virginia, VA 20146


Loan Rates - September 22, 2020

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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
3.872% 3.750% 1.00 $3,750 $1,158 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.816% 2.750% 0.88 $2,132 $1,021 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
3.500 %
$25,000 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info

Note to Champion Bank
To upload and update your bank's rates please register. It is free to register and add rates.

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
260.47% 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, Champion Bank had $31,277,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $4,496,000 in equity and $7,512,000 in loans loss reserves. That gives it a Texas Ratio of 260.47%.

Return on Equity
Champion Bank U.S. Bank Average
-129.27% 7.80%

Champion Bank has a Return on Equity of -129.27% 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
Champion Bank U.S. Bank Average
2.4% 12.68%

Champion Bank has a Capitalization of 2.4% 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.

Champion Bank Balance Sheet Analysis

As of November 30, -0001, Champion Bank had assets of $195,510,000, loans of $134,721,000, and deposits of $153,763,000. 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 $ 134.72 million
Loan loss allowance $ 7.51 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 $ 153.76 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 $ 187.34 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 Champion Bank’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Champion Bank’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 Champion Bank

Branches and Savings

Is Champion Bank FDIC insured?

Yes. It is covered under FDIC Certificate #58362.

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?

Customer Reviews for Champion Bank

There are currently no comments for Champion Bank. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →