Cresson Community Bank

700 Second Street
Cresson, PA 16630

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 28134
Date Established 1919
Assets $0.06 billion
Loans $0.02 billion
Deposits $0.05 billion
Capital $0.01 billion

Cresson Community Bank is an FDIC insured institution located in Cresson, PA. It was founded in 1919 and has approximately $0.06 billion in assets.

For a more detailed analysis of Cresson Community 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 Cresson Community Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Consumer Auto Loans.

Compared to other banks in Pennsylvania, Cresson Community 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 76.14
Multifamily
Mortgages
1.11
Credit Card Loans 0.00
Consumer Auto Loans 4.20
Small Business Loans 0.00
Construction and Development Loans 2.92
Commercial Real Estate 7.25
Commercial and Industrial Loans 1.68
Farm Loans 0.00

Deposit Rates

Your Current Location: Virginia, VA 20146

There are currently no rates available for Cresson Community Bank, but see these great savings and CD rates:

1.25% APY Online Savings Account from Ally Bank
1.60% APY 11 Month CD from Ally Bank

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Cresson Community 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
Poli Mortgage Group Inc
NMLS ID: 1979
License#: MC-5501
3.875% 3.875% 0.00 $0 $1,176 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 Cresson Community Bank
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Branches

Cresson Community 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


Cresson Community Bank Locations

Financial Details

Cresson Community Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Cresson Community 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
Cresson Community Bank U.S. Bank Average
11.67% 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, Cresson Community Bank had $817,000 in non-current loans and $44,000 in owned real estate. To cover these potential losses it had $7,260,000 in equity and $116,000 in loans loss reserves. That gives it a Texas Ratio of 11.67%. 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
Cresson Community Bank U.S. Bank Average
4.38% 8.58

Cresson Community Bank has a Return on Equity of 4.38% 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
Cresson Community Bank U.S. Bank Average
12.03% 12.11

Cresson Community Bank has a Capitalization of 12.03% 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.

Cresson Community Bank Balance Sheet Analysis

As of March 31, 2015, Cresson Community Bank had assets of $59,114,000, loans of $20,314,000, and deposits of $51,820,000. 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 Cresson Community Bank

Branches and Savings

Is Cresson Community Bank FDIC insured?

Yes. It is covered under FDIC Certificate #28134.

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

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

Why are Cresson Community Bank CD rates not competitive?

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

Is Cresson Community Bank a commercial bank?

Yes

Where are Cresson Community Bank locations?

See branch locations nearby.

Is Cresson Community Bank open on Saturdays?

Is Cresson Community Bank open on Sundays?

What time does Cresson Community Bank open?

What time does Cresson Community Bank close?

Are Cresson Community Bank ATMs Open 24/7?

Do Cresson Community Bank ATMs accept cash deposits?

Can Cresson Community Bank customers use other ATMs?

Do Cresson Community Bank branches have notaries?

Will Cresson Community Bank notarize my document?

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

Will the Cresson Community Bank branch print checks?

Do Cresson Community Bank checks expire?

Does Cresson Community Bank require US citizenship to open account?

Can Cresson Community Bank close my account?

Does Cresson Community Bank Report to credit bureaus?

Does Cresson Community Bank Use Equifax?

What is Cresson Community Bank's ACH Routing Number?

What is Cresson Community Bank's SWIFT code?

Products

Does Cresson Community Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Cresson Community Bank offer personal loans?

Compare personal loan rates here.

Does Cresson Community Bank offer student loans?

Will Cresson Community Bank cash a check?

Will Cresson Community Bank redeem a savings bond?

Does Cresson Community Bank cash savings bonds?

Will Cresson Community Bank cash money orders?

Can Cresson Community Bank issue a money order?

Does Cresson Community Bank do currency exchange?

Background on The Bank

Who owns Cresson Community Bank?

How long has Cresson Community Bank been around?

Can Cresson Community Bank transfer to other banks?

Does Cresson Community Bank have quick pay?

Does Cresson Community Bank accept rolled coins?

Will Cresson Community Bank accept loose change?

Where is Cresson Community Bank headquarters?

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