Community Savings

Headquarters

425 Main Street
Caldwell, OH 43724
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.20% 0.91% →
1-Year CD 0.25% 0.85% →
2-Year CD 0.45% 0.95% →
5-Year CD 1.26% 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 Savings is an FDIC insured institution located in Caldwell, OH. It was founded in 1885 and has approximately $0.05 billion in assets.

FDIC Insured Yes
FDIC Certificate # 27969
Date Established 1885
Assets $ 50.96 million
Loans $ 37.31 million
Deposits $ 42.20 million
Capital $ 7.32 million
 

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

Deposit Rates - December 3, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.20% $2,500 $4,999 Learn More
Money Market
0.20% $10,000 $14,999 Learn More
Money Market
0.30% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.20% $10,000 $14,999 Learn More
6 Mo CD
0.20% $100,000 $199,999 Learn More
12 Mo CD
0.25% $10,000 $14,999 Learn More
12 Mo CD
0.25% $100,000 $199,999 Learn More
18 Mo CD
0.35% $10,000 $14,999 Learn More
18 Mo CD
0.35% $100,000 $199,999 Learn More
24 Mo CD
0.45% $10,000 $14,999 Learn More
24 Mo CD
0.45% $100,000 $199,999 Learn More
36 Mo CD
0.60% $10,000 $14,999 Learn More
36 Mo CD
0.60% $100,000 $199,999 Learn More
48 Mo CD
1.01% $10,000 $14,999 Learn More
48 Mo CD
1.01% $100,000 $199,999 Learn More
60 Mo CD
1.26% $10,000 $14,999 Learn More
60 Mo CD
1.26% $100,000 $199,999 Learn More

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

Loan Rates - December 3, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Community Savings

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
New American Funding
NMLS ID: 6606
2.605% 2.500% 0.75 $3,479 $988 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
Intro APR
2.990 %
After Intro: 3.500 %
Intro Period: 12 months
$25,000 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

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

Branches

Community Savings 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


Community Savings Locations


Financial Details

Community Savings Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Community Savings. 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 Savings U.S. Bank Average
9.94% 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 Savings had $753,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $7,324,000 in equity and $251,000 in loans loss reserves. That gives it a Texas Ratio of 9.94%.

Return on Equity
Community Savings U.S. Bank Average
-0.49% 7.80%

Community Savings has a Return on Equity of -0.49% 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 Savings U.S. Bank Average
14.37% 12.68%

Community Savings has a Capitalization of 14.37% 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 Savings Balance Sheet Analysis

As of March 31, 2020, Community Savings had assets of $50,961,000, loans of $37,307,000, and deposits of $42,195,000. 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 $ 6.36 million
Interest-bearing balances $ 4.61 million
Total securities $ 4.43 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 37.31 million
Loan loss allowance $ 0.25 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.01 million
All other assets $ 2.49 million
     Total Assets $ 43.64 million
LIABILITIES
Total deposits $ 42.20 million
      Interest-bearing deposits $ 33.99 million
      Deposits held in domestic offices $ 42.20 million
      % insured (estimated) 87.94%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 1.29 million
Subordinated debt N.A.
All other liabilities $ 0.15 million
      Total Liabilities $ 43.64 million
      Shareholders’ Equity $ 7.32 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 0.54 million
Total Interest Expense $ 0.05 million
Net interest income $ 0.49 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.07 million
Total non interest expense $ 0.57 million
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Community Savings’s loan portfolio are 1-4 Family Residential Loans, Consumer Auto Loans, and Construction and Development Loans.

Compared to other banks in Ohio, Community Savings has a significantly higher percent of Consumer Auto 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 71.61
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 21.72
Small Business Loans 0.00
Construction and Development Loans 3.72
Commercial Real Estate 2.96
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About Community Savings

Branches and Savings

Is Community Savings FDIC insured?

Yes. It is covered under FDIC Certificate #27969.

Why does Community Savings pay such low interest on savings accounts?

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

Why are Community Savings CD rates not competitive?

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

Is Community Savings a commercial bank?

Yes

Where are Community Savings locations?

See branch locations nearby.

Is Community Savings open on Saturdays?

Is Community Savings open on Sundays?

What time does Community Savings open?

What time does Community Savings close?

Are Community Savings ATMs Open 24/7?

Do Community Savings ATMs accept cash deposits?

Can Community Savings customers use other ATMs?

Do Community Savings branches have notaries?

Will Community Savings notarize my document?

What address for Community Savings should I put for incoming ACH transfers?

Will the Community Savings branch print checks?

Do Community Savings checks expire?

Does Community Savings require US citizenship to open account?

Can Community Savings close my account?

Does Community Savings Report to credit bureaus?

Does Community Savings Use Equifax?

What is Community Savings's ACH Routing Number?

What is Community Savings's SWIFT code?

Products

Does Community Savings offer mortgages?

Compare mortgage rates here.

Does Community Savings offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Community Savings offer personal loans?

Compare personal loan rates here.

Does Community Savings offer student loans?

Will Community Savings cash a check?

Will Community Savings redeem a savings bond?

Does Community Savings cash savings bonds?

Will Community Savings cash money orders?

Can Community Savings issue a money order?

Does Community Savings do currency exchange?

Background on The Bank

Who owns Community Savings?

How long has Community Savings been around?

Can Community Savings transfer to other banks?

Does Community Savings have quick pay?

Does Community Savings accept rolled coins?

Will Community Savings accept loose change?

Where is Community Savings headquarters?

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