Citywide Banks

Headquarters

1800 Larimer St
Denver, CO 80202
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.01% 0.85% →
1-Year CD 0.01% 0.70% →
2-Year CD 0.01% 0.75% →
5-Year CD 0.01% 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

Citywide Banks is an FDIC insured institution located in Denver, CO. It was founded in 2006 and has approximately $2.63 billion in assets. Customers can open an account at one of its 32 branches.

FDIC Insured Yes
FDIC Certificate # 58458
Date Established 2006
Assets $ 2.63 billion
Loans $ 1,426.16 million
Deposits $ 2.23 billion
Capital $ 379.66 million
 

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

Deposit Rates - September 16, 2021

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.01% $2,500 $4,999 Learn More
Money Market
0.01% $2,500 $2,999 Learn More
Money Market
0.01% $10,000 $14,999 Learn More
Money Market
0.01% $25,000 $29,999 Learn More
Premium Money Market Account
0.01% $10,000 $14,999 Learn More
Premium Money Market Account
0.01% $25,000 $34,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.01% $10,000 $14,999 Learn More
6 Mo CD
0.01% $100,000 $199,999 Learn More
12 Mo CD
0.01% $10,000 $14,999 Learn More
12 Mo CD
0.01% $100,000 $199,999 Learn More
18 Mo CD
0.01% $10,000 $14,999 Learn More
18 Mo CD
0.01% $100,000 $199,999 Learn More
24 Mo CD
0.01% $10,000 $14,999 Learn More
24 Mo CD
0.01% $100,000 $199,999 Learn More
36 Mo CD
0.01% $10,000 $14,999 Learn More
36 Mo CD
0.01% $100,000 $199,999 Learn More
48 Mo CD
0.01% $10,000 $14,999 Learn More
48 Mo CD
0.01% $100,000 $199,999 Learn More
60 Mo CD
0.01% $10,000 $14,999 Learn More
60 Mo CD
0.01% $100,000 $199,999 Learn More

Variable IRA Rates APY MIN MAX
Var IRA
0.01% $1 $499 Learn MoreShow Less
 

Loan Rates - September 16, 2021

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Citywide Banks

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 2021

Lender APR Rate (%) Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.636% 2.625%
0.13 points
$352 fees
$1,005 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR 2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
BMO Harris Bank
BMO Harris Bank
See Table
Intro APR 1.790 %
After Intro: 4.840 %
Intro Period: 6 months
$0 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info

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

Branches

Citywide Banks 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


Citywide Banks Locations


Financial Details

Citywide Banks Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Citywide Banks. 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
Citywide Banks U.S. Bank Average
3.67% 5.29%

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, 2021, Citywide Banks had $6,921,000 in non-current loans and $7,746,000 in owned real estate. To cover these potential losses it had $379,662,000 in equity and $20,224,000 in loans loss reserves. That gives it a Texas Ratio of 3.67%.

Return on Equity
Citywide Banks U.S. Bank Average
7.88% 11.43%

Citywide Banks has a Return on Equity of 7.88% versus the BestCashCow average of 11.43%. 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
Citywide Banks U.S. Bank Average
14.42% 11.51%

Citywide Banks has a Capitalization of 14.42% versus the BestCashCow average of 11.51. 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.

Citywide Banks Balance Sheet Analysis

As of March 31, 2021, Citywide Banks had assets of $2,632,199,000, loans of $1,426,158,000, and deposits of $2,231,320,000. 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, 2021
ASSETS
Cash & Balances due from depository institutions $ 31.99 million
Interest-bearing balances $ 5.45 million
Total securities $ 918.17 million
Federal funds sold and reverse repurchase $ 25.60 million
Net loans and leases $ 1,426.16 million
Loan loss allowance $ 20.22 million
Trading account assets $ 1.18 million
Bank premises and fixed assets N.A.
Other real estate owned $ 7.75 million
Goodwill and other intangibles $ 135.10 million
All other assets $ 52.01 million
     Total Assets $ 2.25 billion
LIABILITIES
Total deposits $ 2.23 billion
      Interest-bearing deposits $ 1,184.58 million
      Deposits held in domestic offices $ 2.23 billion
      % insured (estimated) 50.62%
Federal funds purchased and repurchase agreements $ 1.69 million
Trading liabilities $ 1.18 million
Other borrowed funds $ 11.36 million
Subordinated debt N.A.
All other liabilities $ 6.99 million
      Total Liabilities $ 2.25 billion
      Shareholders’ Equity $ 379.66 million

Summary Income Statement

March 31, 2021
INCOME AND EXPENSES
Total Interest Income $ 22.00 million
Total Interest Expense $ 0.45 million
Net interest income $ 21.55 million
Provision for loan and lease losses $ 0.63 million
Total non interest income $ 1.71 million
Total non interest expense $ 12.92 million
Pre-tax Net Operating Income $ 9.70 million

Bank Loan Profile?

The top three loan types in Citywide Banks’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and Construction and Development Loans.

Compared to other banks, Citywide Banks’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 11.63
Multifamily
Mortgages
3.64
Credit Card Loans 0.04
Consumer Auto Loans 0.30
Small Business Loans 8.39
Construction and Development Loans 12.07
Commercial Real Estate 43.04
Commercial and Industrial Loans 28.81
Farm Loans 0.01

Frequently Asked Questions About Citywide Banks

Branches and Savings

Is Citywide Banks FDIC insured?

Yes. It is covered under FDIC Certificate #58458.

Why does Citywide Banks pay such low interest on savings accounts?

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

Why are Citywide Banks CD rates not competitive?

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

Is Citywide Banks a commercial bank?

Yes

Where are Citywide Banks locations?

See branch locations nearby.

Is Citywide Banks open on Saturdays?

Is Citywide Banks open on Sundays?

What time does Citywide Banks open?

What time does Citywide Banks close?

Are Citywide Banks ATMs Open 24/7?

Do Citywide Banks ATMs accept cash deposits?

Can Citywide Banks customers use other ATMs?

Do Citywide Banks branches have notaries?

Will Citywide Banks notarize my document?

What address for Citywide Banks should I put for incoming ACH transfers?

Will the Citywide Banks branch print checks?

Do Citywide Banks checks expire?

Does Citywide Banks require US citizenship to open account?

Can Citywide Banks close my account?

Does Citywide Banks Report to credit bureaus?

Does Citywide Banks Use Equifax?

What is Citywide Banks's ACH Routing Number?

What is Citywide Banks's SWIFT code?

Products

Does Citywide Banks offer mortgages?

Compare mortgage rates here.

Does Citywide Banks offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Citywide Banks offer personal loans?

Compare personal loan rates here.

Does Citywide Banks offer student loans?

Will Citywide Banks cash a check?

Will Citywide Banks redeem a savings bond?

Does Citywide Banks cash savings bonds?

Will Citywide Banks cash money orders?

Can Citywide Banks issue a money order?

Does Citywide Banks do currency exchange?

Background on The Bank

Who owns Citywide Banks?

How long has Citywide Banks been around?

Can Citywide Banks transfer to other banks?

Does Citywide Banks have quick pay?

Does Citywide Banks accept rolled coins?

Will Citywide Banks accept loose change?

Where is Citywide Banks headquarters?

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