Cincinnati Federal

6581 Harrison Avenue
Cincinnati, OH 45247

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 28346
Date Established 1922
Assets $0.21 billion
Loans $0.18 billion
Deposits $0.14 billion
Capital $0.02 billion

Cincinnati Federal is an FDIC insured institution located in Cincinnati, OH. It was founded in 1922 and has approximately $0.21 billion in assets. Customers can open an account at one of its 4 branches.

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

Deposit Rates - August 24, 2019

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
CD Rates APY MIN MAX
3 Mo CD
0.25% $500 - Learn MoreShow Less
6 Mo CD
0.75% $500 - Learn MoreShow Less
12 Mo CD
2.02% $500 - Learn MoreShow Less
18 Mo CD
2.17% $500 - Learn MoreShow Less
24 Mo CD
2.17% $500 - Learn MoreShow Less
30 Mo CD
2.52% $500 - Learn MoreShow Less
36 Mo CD
2.52% $500 - Learn MoreShow Less
48 Mo CD
2.52% $500 - Learn MoreShow Less
60 Mo CD
2.52% $500 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
2.02% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.25% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1 $9,999 Learn MoreShow Less

Loan Rates - August 24, 2019

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Cincinnati Federal

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 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
3.529% 3.500% 0.38 $898 $1,123 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
4.240 %
$0 Learn More
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Bethpage Federal Credit Union
Bethpage Federal Credit Union
Intro APR
3.990 %
After Intro: 5.500 %
Intro Period: 12 months
$25,000 Learn More
More Info

Note to Cincinnati Federal
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Branches

Cincinnati Federal 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


Cincinnati Federal Locations


Financial Details

Cincinnati Federal Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Cincinnati Federal. 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
Cincinnati Federal U.S. Bank Average
3.55% 6.94%

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 March 31, 2019, Cincinnati Federal had $694,000 in non-current loans and $150,000 in owned real estate. To cover these potential losses it had $22,361,000 in equity and $1,405,000 in loans loss reserves. That gives it a Texas Ratio of 3.55%.

Return on Equity
Cincinnati Federal U.S. Bank Average
0.63% 9.47%

Cincinnati Federal has a Return on Equity of 0.63% versus the BestCashCow average of 9.47%. 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
Cincinnati Federal U.S. Bank Average
10.89% 12.49%

Cincinnati Federal has a Capitalization of 10.89% versus the BestCashCow average of 12.49. 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.

Cincinnati Federal Balance Sheet Analysis

As of March 31, 2019, Cincinnati Federal had assets of $205,364,000, loans of $179,364,000, and deposits of $143,401,000. 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, 2019
ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.01 billion
Total securities $0.00 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.18 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 $0.01 billion
     Total Assets $0.18 billion
LIABILITIES
Total deposits $0.14 billion
      Interest-bearing deposits $0.13 billion
      Deposits held in domestic offices $0.14 billion
      % insured (estimated) 95.55%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.04 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.18 billion
      Shareholders’ Equity $0.02 billion

Summary Income Statement

March 31, 2019
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

Bank Loan Profile?

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

Compared to other banks in Ohio, Cincinnati Federal has a significantly higher percent of Multifamily Mortgages 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 70.24
Multifamily
Mortgages
16.10
Credit Card Loans 0.00
Consumer Auto Loans 0.01
Small Business Loans 6.77
Construction and Development Loans 3.19
Commercial Real Estate 10.35
Commercial and Industrial Loans 0.22
Farm Loans 0.00

Frequently Asked Questions About Cincinnati Federal

Branches and Savings

Is Cincinnati Federal FDIC insured?

Yes. It is covered under FDIC Certificate #28346.

Why does Cincinnati Federal pay such low interest on savings accounts?

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

Why are Cincinnati Federal CD rates not competitive?

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

Is Cincinnati Federal a commercial bank?

Yes

Where are Cincinnati Federal locations?

See branch locations nearby.

Is Cincinnati Federal open on Saturdays?

Is Cincinnati Federal open on Sundays?

What time does Cincinnati Federal open?

What time does Cincinnati Federal close?

Are Cincinnati Federal ATMs Open 24/7?

Do Cincinnati Federal ATMs accept cash deposits?

Can Cincinnati Federal customers use other ATMs?

Do Cincinnati Federal branches have notaries?

Will Cincinnati Federal notarize my document?

What address for Cincinnati Federal should I put for incoming ACH transfers?

Will the Cincinnati Federal branch print checks?

Do Cincinnati Federal checks expire?

Does Cincinnati Federal require US citizenship to open account?

Can Cincinnati Federal close my account?

Does Cincinnati Federal Report to credit bureaus?

Does Cincinnati Federal Use Equifax?

What is Cincinnati Federal's ACH Routing Number?

What is Cincinnati Federal's SWIFT code?

Products

Does Cincinnati Federal offer mortgages?

Compare mortgage rates here.

Does Cincinnati Federal offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Cincinnati Federal offer personal loans?

Compare personal loan rates here.

Does Cincinnati Federal offer student loans?

Will Cincinnati Federal cash a check?

Will Cincinnati Federal redeem a savings bond?

Does Cincinnati Federal cash savings bonds?

Will Cincinnati Federal cash money orders?

Can Cincinnati Federal issue a money order?

Does Cincinnati Federal do currency exchange?

Background on The Bank

Who owns Cincinnati Federal?

How long has Cincinnati Federal been around?

Can Cincinnati Federal transfer to other banks?

Does Cincinnati Federal have quick pay?

Does Cincinnati Federal accept rolled coins?

Will Cincinnati Federal accept loose change?

Where is Cincinnati Federal headquarters?

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