Discover Bank

502 E. Market Street
Greenwood, DE 19950


General Bank Information

FDIC Insured Yes
FDIC Certificate # 5649
Date Established 1911
Assets $82.68 billion
Loans $65.68 billion
Deposits $48.60 billion
Capital $9.62 billion

Discover Bank is an FDIC insured institution located in Greenwood, DE. It was founded in 1911 and has approximately $83.41 billion in assets. Customers can open an account via one of its 2 branches.

For a more detailed analysis of Discover 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 Discover Bank’s loan portfolio are Credit Card Loans, Commercial and Industrial Loans, and 1-4 Family Residential Loans.

Compared to other banks in Delaware, Discover Bank has a significantly higher percent of Credit Card 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.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 0.21
Credit Card Loans 81.18
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 0.27
Farm Loans 0.00

Savings Rates

Your Current Location: New York, NY 10007

Loan Rates

Your Current Location: New York, NY 10007

BestCashCow tracks mortgage, home equity, and auto loan rates. In the future, we will be adding other loan products. Please contact the lender for questions about their loan products.

Purchase Mortgage Rates APR Rate Monthly Payment
30 Year Fixed Conforming 4.07% 3.99% $1,192.10 Learn MoreShow Less

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.


Discover 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:
New York,New York

Discover Bank Locations

Financial Details

Discover Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Discover Bank. The data is provided by the FDIC. Please remember that all banks listed on are FDIC insured while all credit unions are similarly insured by the NCUA. No depositor has ever lost money while their funds have been insured by the FDIC or NCUA.

Texas Ratio
Discover Bank U.S. Bank Average
5.7% 8.56%

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, 2015, Discover Bank had $648,897,000 in non-current loans and $60,000 in owned real estate. To cover these potential losses it had $9,623,037,000 in equity and $1,756,933,000 in loans loss reserves. That gives it a Texas Ratio of 5.7%. 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
Discover Bank U.S. Bank Average
23.53% 9.74%

Discover Bank has a Return on Equity of 23.53% versus the BestCashCow average of 9.74%. 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.

Discover Bank U.S. Bank Average
11.64% 11.23%

Discover Bank has a Capitalization of 11.64% versus the BestCashCow average of 11.23%. 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.

Discover Bank Balance Sheet Analysis

As of March 31, 2015, Discover Bank had assets of $83,406,704,000, loans of $65,680,132,000, and deposits of $48,595,892,000. 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.

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