CountryBank USA

Headquarters

505 Fourth Street
Cando, ND 58324
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

CountryBank USA is an FDIC insured institution located in Cando, ND. It was founded in 1967 and has approximately $0.05 billion in assets.

FDIC Insured Yes
FDIC Certificate # 19765
Date Established 1967
Assets $ 48.15 million
Loans $ 26.01 million
Deposits $ 40.73 million
Capital $ 4.76 million
 

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

Deposit Rates - September 18, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 18, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for CountryBank USA

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
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,118 $1,021 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
2.990 %
$0 Learn More
More Info

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

Branches

CountryBank USA 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


CountryBank USA Locations


Financial Details

CountryBank USA Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of CountryBank USA. 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
CountryBank USA U.S. Bank Average
4.87% 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, CountryBank USA had $245,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $4,760,000 in equity and $267,000 in loans loss reserves. That gives it a Texas Ratio of 4.87%.

Return on Equity
CountryBank USA U.S. Bank Average
6.53% 7.80%

CountryBank USA has a Return on Equity of 6.53% 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
CountryBank USA U.S. Bank Average
9.89% 12.68%

CountryBank USA has a Capitalization of 9.89% 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.

CountryBank USA Balance Sheet Analysis

As of November 30, -0001, CountryBank USA had assets of $48,149,000, loans of $26,012,000, and deposits of $40,725,000. 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 N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 26.01 million
Loan loss allowance $ 0.27 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 N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 40.73 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 48.15 million

Summary Income Statement

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

Bank Loan Profile?

The top three loan types in CountryBank USA’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, CountryBank USA’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 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About Countrybank Usa

Branches and Savings

Is Countrybank Usa FDIC insured?

Yes. It is covered under FDIC Certificate #19765.

Why does Countrybank Usa pay such low interest on savings accounts?

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

Why are Countrybank Usa CD rates not competitive?

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

Is Countrybank Usa a commercial bank?

Yes

Where are Countrybank Usa locations?

See branch locations nearby.

Is Countrybank Usa open on Saturdays?

Is Countrybank Usa open on Sundays?

What time does Countrybank Usa open?

What time does Countrybank Usa close?

Are Countrybank Usa ATMs Open 24/7?

Do Countrybank Usa ATMs accept cash deposits?

Can Countrybank Usa customers use other ATMs?

Do Countrybank Usa branches have notaries?

Will Countrybank Usa notarize my document?

What address for Countrybank Usa should I put for incoming ACH transfers?

Will the Countrybank Usa branch print checks?

Do Countrybank Usa checks expire?

Does Countrybank Usa require US citizenship to open account?

Can Countrybank Usa close my account?

Does Countrybank Usa Report to credit bureaus?

Does Countrybank Usa Use Equifax?

What is Countrybank Usa's ACH Routing Number?

What is Countrybank Usa's SWIFT code?

Products

Does Countrybank Usa offer mortgages?

Compare mortgage rates here.

Does Countrybank Usa offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Countrybank Usa offer personal loans?

Compare personal loan rates here.

Does Countrybank Usa offer student loans?

Will Countrybank Usa cash a check?

Will Countrybank Usa redeem a savings bond?

Does Countrybank Usa cash savings bonds?

Will Countrybank Usa cash money orders?

Can Countrybank Usa issue a money order?

Does Countrybank Usa do currency exchange?

Background on The Bank

Who owns Countrybank Usa?

How long has Countrybank Usa been around?

Can Countrybank Usa transfer to other banks?

Does Countrybank Usa have quick pay?

Does Countrybank Usa accept rolled coins?

Will Countrybank Usa accept loose change?

Where is Countrybank Usa headquarters?

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