Community Financial Bank

Headquarters

450 Center Street
Prentice, WI 54556
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.15% 0.91% →
1-Year CD 0.95% 0.85% →
2-Year CD 1.00% 0.95% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.61% →
15-Year Mortgage N.A. 2.31% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Community Financial Bank is an FDIC insured institution located in Prentice, WI. It was founded in 1987 and has approximately $0.05 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 27053
Date Established 1987
Assets $ 45.26 million
Loans $ 32.97 million
Deposits $ 40.17 million
Capital $ 4.97 million
 

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

Deposit Rates - December 4, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.15% $2,500 $4,999 Learn More
Money Market
0.30% $2,500 $2,999 Learn More
Money Market
0.35% $10,000 $14,999 Learn More
Money Market
0.45% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.75% $10,000 $14,999 Learn More
6 Mo CD
0.75% $100,000 $199,999 Learn More
12 Mo CD
0.95% $10,000 $14,999 Learn More
12 Mo CD
0.95% $100,000 $199,999 Learn More
24 Mo CD
1.00% $10,000 $14,999 Learn More
24 Mo CD
1.00% $100,000 $199,999 Learn More
36 Mo CD
1.00% $10,000 $14,999 Learn More
36 Mo CD
1.00% $100,000 $199,999 Learn More
48 Mo CD
1.00% $10,000 $14,999 Learn More
48 Mo CD
1.00% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.20% $1 $99 Learn MoreShow Less
Int Ckg
0.20% $2,500 $3,499 Learn MoreShow Less
 

Loan Rates - December 4, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Community Financial Bank

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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
First Internet Bank
NMLS ID: 424182
2.546% 2.500% 0.63 $1,502 $988 Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
2.683% 2.625% 0.63 $1,908 $1,005 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
More Info

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

Branches

Community Financial 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:
Fairfield,Connecticut


Community Financial Bank Locations


Financial Details

Community Financial Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Community Financial 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
Community Financial Bank U.S. Bank Average
1.51% 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, Community Financial Bank had $80,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $4,966,000 in equity and $347,000 in loans loss reserves. That gives it a Texas Ratio of 1.51%.

Return on Equity
Community Financial Bank U.S. Bank Average
5.84% 7.80%

Community Financial Bank has a Return on Equity of 5.84% 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
Community Financial Bank U.S. Bank Average
10.97% 12.68%

Community Financial Bank has a Capitalization of 10.97% 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.

Community Financial Bank Balance Sheet Analysis

As of March 31, 2020, Community Financial Bank had assets of $45,257,000, loans of $32,971,000, and deposits of $40,166,000. 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 $ 11.37 million
Interest-bearing balances $ 10.22 million
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 32.97 million
Loan loss allowance $ 0.35 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 $ 0.27 million
     Total Assets $ 40.29 million
LIABILITIES
Total deposits $ 40.17 million
      Interest-bearing deposits $ 34.34 million
      Deposits held in domestic offices $ 40.17 million
      % insured (estimated) 98.08%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.13 million
      Total Liabilities $ 40.29 million
      Shareholders’ Equity $ 4.97 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 0.46 million
Total Interest Expense $ 0.13 million
Net interest income $ 0.33 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.08 million
Total non interest expense $ 0.33 million
Pre-tax Net Operating Income $ 0.08 million

Bank Loan Profile?

The top three loan types in Community Financial Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Construction and Development Loans.

Compared to other banks in Wisconsin, Community Financial Bank has a significantly higher percent of Construction and Development 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 46.13
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.62
Small Business Loans 0.00
Construction and Development Loans 12.00
Commercial Real Estate 20.89
Commercial and Industrial Loans 7.73
Farm Loans 0.46

Frequently Asked Questions About Community Financial Bank

Branches and Savings

Is Community Financial Bank FDIC insured?

Yes. It is covered under FDIC Certificate #27053.

Why does Community Financial Bank pay such low interest on savings accounts?

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

Why are Community Financial Bank CD rates not competitive?

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

Is Community Financial Bank a commercial bank?

Yes

Where are Community Financial Bank locations?

See branch locations nearby.

Is Community Financial Bank open on Saturdays?

Is Community Financial Bank open on Sundays?

What time does Community Financial Bank open?

What time does Community Financial Bank close?

Are Community Financial Bank ATMs Open 24/7?

Do Community Financial Bank ATMs accept cash deposits?

Can Community Financial Bank customers use other ATMs?

Do Community Financial Bank branches have notaries?

Will Community Financial Bank notarize my document?

What address for Community Financial Bank should I put for incoming ACH transfers?

Will the Community Financial Bank branch print checks?

Do Community Financial Bank checks expire?

Does Community Financial Bank require US citizenship to open account?

Can Community Financial Bank close my account?

Does Community Financial Bank Report to credit bureaus?

Does Community Financial Bank Use Equifax?

What is Community Financial Bank's ACH Routing Number?

What is Community Financial Bank's SWIFT code?

Products

Does Community Financial Bank offer mortgages?

Compare mortgage rates here.

Does Community Financial Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Community Financial Bank offer personal loans?

Compare personal loan rates here.

Does Community Financial Bank offer student loans?

Will Community Financial Bank cash a check?

Will Community Financial Bank redeem a savings bond?

Does Community Financial Bank cash savings bonds?

Will Community Financial Bank cash money orders?

Can Community Financial Bank issue a money order?

Does Community Financial Bank do currency exchange?

Background on The Bank

Who owns Community Financial Bank?

How long has Community Financial Bank been around?

Can Community Financial Bank transfer to other banks?

Does Community Financial Bank have quick pay?

Does Community Financial Bank accept rolled coins?

Will Community Financial Bank accept loose change?

Where is Community Financial Bank headquarters?

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