Citizens Savings Bank

500 South State Street
Clarks Summit, PA 18411

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 31184
Date Established 1902
Assets $0.34 billion
Loans $0.26 billion
Deposits $0.29 billion
Capital $0.05 billion

Citizens Savings Bank is an FDIC insured institution located in Clarks Summit, PA. It was founded in 1902 and has approximately $0.34 billion in assets. Customers can open an account at one of its 7 branches.

For a more detailed analysis of Citizens Savings 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 Citizens Savings Bank’s loan portfolio are 1-4 Family Residential Loans, Construction and Development Loans, and Consumer Auto Loans.

Compared to other banks in Pennsylvania, Citizens Savings Bank has a significantly higher percent of 1-4 Family Residential Loans 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 98.52
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.01
Small Business Loans 0.00
Construction and Development Loans 1.61
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Savings Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.10% $1,000 - Learn MoreShow Less
6 Mo CD 10K
0.15% $1,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Savings 2.5K
0.05% $1 - Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.30% $100 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 2.5K
0.05% $1 $9,999 Learn MoreShow Less
MM 10K
0.10% $10,000 - Learn MoreShow Less
PREMM Rates APY MIN MAX
Premium MM 10K
0.10% $10,000 $24,999 Learn MoreShow Less
Premium MM 25K
0.20% $25,000 $49,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.05% $1 $2,499 Learn MoreShow Less
Int Ckg 2.5K
0.10% $2,500 - Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Citizens Savings 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 2017

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
HomeDirect Mortgage
NMLS ID: 420821
3.888% 3.875% 0.13 $497 $1,176 Learn More
Cornerstone Home Lending
NMLS ID: 119622
License#: MC-4673
4.000% 4.000% 0.00 $0 $1,194 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2017

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.240% $217.33 Learn More

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

Branches

Citizens Savings 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


Citizens Savings Bank Locations

Financial Details

Citizens Savings Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Citizens Savings 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
Citizens Savings Bank U.S. Bank Average
3.39% 8.45

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of June 30, 2017, Citizens Savings Bank had $1,347,000 in non-current loans and $265,000 in owned real estate. To cover these potential losses it had $46,811,000 in equity and $748,000 in loans loss reserves. That gives it a Texas Ratio of 3.39%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity
Citizens Savings Bank U.S. Bank Average
3.6% 8.58

Citizens Savings Bank has a Return on Equity of 3.6% versus the BestCashCow average of 8.58. 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
Citizens Savings Bank U.S. Bank Average
13.77% 12.11

Citizens Savings Bank has a Capitalization of 13.77% versus the BestCashCow average of 12.11. 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.

Citizens Savings Bank Balance Sheet Analysis

As of June 30, 2017, Citizens Savings Bank had assets of $339,985,000, loans of $255,430,000, and deposits of $290,870,000. 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.

Frequently Asked Questions About Citizens Savings Bank

Branches and Savings

Is Citizens Savings Bank FDIC insured?

Yes. It is covered under FDIC Certificate #31184.

Why does Citizens Savings Bank pay such low interest on savings accounts?

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

Why are Citizens Savings Bank CD rates not competitive?

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

Is Citizens Savings Bank a commercial bank?

Yes

Where are Citizens Savings Bank locations?

See branch locations nearby.

Is Citizens Savings Bank open on Saturdays?

Is Citizens Savings Bank open on Sundays?

What time does Citizens Savings Bank open?

What time does Citizens Savings Bank close?

Are Citizens Savings Bank ATMs Open 24/7?

Do Citizens Savings Bank ATMs accept cash deposits?

Can Citizens Savings Bank customers use other ATMs?

Do Citizens Savings Bank branches have notaries?

Will Citizens Savings Bank notarize my document?

What address for Citizens Savings Bank should I put for incoming ACH transfers?

Will the Citizens Savings Bank branch print checks?

Do Citizens Savings Bank checks expire?

Does Citizens Savings Bank require US citizenship to open account?

Can Citizens Savings Bank close my account?

Does Citizens Savings Bank Report to credit bureaus?

Does Citizens Savings Bank Use Equifax?

What is Citizens Savings Bank's ACH Routing Number?

What is Citizens Savings Bank's SWIFT code?

Products

Does Citizens Savings Bank offer mortgages?

Compare mortgage rates here.

Does Citizens Savings Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Citizens Savings Bank offer personal loans?

Compare personal loan rates here.

Does Citizens Savings Bank offer student loans?

Will Citizens Savings Bank cash a check?

Will Citizens Savings Bank redeem a savings bond?

Does Citizens Savings Bank cash savings bonds?

Will Citizens Savings Bank cash money orders?

Can Citizens Savings Bank issue a money order?

Does Citizens Savings Bank do currency exchange?

Background on The Bank

Who owns Citizens Savings Bank?

How long has Citizens Savings Bank been around?

Can Citizens Savings Bank transfer to other banks?

Does Citizens Savings Bank have quick pay?

Does Citizens Savings Bank accept rolled coins?

Will Citizens Savings Bank accept loose change?

Where is Citizens Savings Bank headquarters?

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