Cumberland County Bank

Headquarters

225 West Avenue
Crossville, TN 38555
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.95% →
1-Year CD N.A. 1.01% →
2-Year CD N.A. 0.95% →
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

Cumberland County Bank is an FDIC insured institution located in Crossville, TN. It was founded in 1961 and has approximately $0.29 billion in assets.

FDIC Insured Yes
FDIC Certificate # 18364
Date Established 1961
Assets $ 286.67 million
Loans $ 118.36 million
Deposits $ 260.14 million
Capital $ 21.89 million
 

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

Deposit Rates - October 21, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - October 21, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Cumberland County 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

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Payment
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Rocket Mortgage
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.569% 2.500% 0.88 $2,258 $988 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

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People's United Bank, N.A.
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4.000 %
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Third Federal Savings and Loans
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2.240 %
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Note to Cumberland County Bank
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Branches

Cumberland County 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


Cumberland County Bank Locations


Financial Details

Cumberland County Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Cumberland County 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
Cumberland County Bank U.S. Bank Average
2.25% 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, Cumberland County Bank had $98,000 in non-current loans and $426,000 in owned real estate. To cover these potential losses it had $21,887,000 in equity and $1,366,000 in loans loss reserves. That gives it a Texas Ratio of 2.25%.

Return on Equity
Cumberland County Bank U.S. Bank Average
8.86% 7.80%

Cumberland County Bank has a Return on Equity of 8.86% 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
Cumberland County Bank U.S. Bank Average
7.63% 12.68%

Cumberland County Bank has a Capitalization of 7.63% 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.

Cumberland County Bank Balance Sheet Analysis

As of March 31, 2015, Cumberland County Bank had assets of $294,496,000, loans of $118,355,000, and deposits of $260,143,000. 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 $ 118.36 million
Loan loss allowance $ 1.37 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.43 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 260.14 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 $ 286.67 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 Cumberland County Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks in Tennessee, Cumberland County Bank has a significantly higher percent of 1-4 Family Residential Loans, Small Business 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 51.38
Multifamily
Mortgages
1.58
Credit Card Loans 0.00
Consumer Auto Loans 2.22
Small Business Loans 24.69
Construction and Development Loans 4.88
Commercial Real Estate 32.94
Commercial and Industrial Loans 5.74
Farm Loans 0.02

Frequently Asked Questions About Cumberland County Bank

Branches and Savings

Is Cumberland County Bank FDIC insured?

Yes. It is covered under FDIC Certificate #18364.

Why does Cumberland County Bank pay such low interest on savings accounts?

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

Why are Cumberland County Bank CD rates not competitive?

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

Is Cumberland County Bank a commercial bank?

Yes

Where are Cumberland County Bank locations?

See branch locations nearby.

Is Cumberland County Bank open on Saturdays?

Is Cumberland County Bank open on Sundays?

What time does Cumberland County Bank open?

What time does Cumberland County Bank close?

Are Cumberland County Bank ATMs Open 24/7?

Do Cumberland County Bank ATMs accept cash deposits?

Can Cumberland County Bank customers use other ATMs?

Do Cumberland County Bank branches have notaries?

Will Cumberland County Bank notarize my document?

What address for Cumberland County Bank should I put for incoming ACH transfers?

rcraven_49777@yahoo.com | Jun 01, 2019

How do in to my checking account?

Will the Cumberland County Bank branch print checks?

Do Cumberland County Bank checks expire?

Does Cumberland County Bank require US citizenship to open account?

Can Cumberland County Bank close my account?

Does Cumberland County Bank Report to credit bureaus?

Does Cumberland County Bank Use Equifax?

What is Cumberland County Bank's ACH Routing Number?

What is Cumberland County Bank's SWIFT code?

Products

Does Cumberland County Bank offer mortgages?

Compare mortgage rates here.

Does Cumberland County Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Cumberland County Bank offer personal loans?

Compare personal loan rates here.

Does Cumberland County Bank offer student loans?

Will Cumberland County Bank cash a check?

Will Cumberland County Bank redeem a savings bond?

Does Cumberland County Bank cash savings bonds?

Will Cumberland County Bank cash money orders?

Can Cumberland County Bank issue a money order?

Does Cumberland County Bank do currency exchange?

Background on The Bank

Who owns Cumberland County Bank?

How long has Cumberland County Bank been around?

Can Cumberland County Bank transfer to other banks?

Does Cumberland County Bank have quick pay?

Does Cumberland County Bank accept rolled coins?

Will Cumberland County Bank accept loose change?

Where is Cumberland County Bank headquarters?

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