Eurobank

Headquarters

Quebrada Arena Road #1, Km 24.5
San Juan, PR 00926
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.00% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.00% →
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

Eurobank is an FDIC insured institution located in San Juan, PR. It was founded in 1980 and has approximately $2.45 billion in assets.

Eurobank, San Juan, Puerto Rico, was closed April 30, 2010 by the Office of the Commissioner of Financial Institutions of the Commonwealth of Puerto Rico, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with Oriental Bank and Trust, San Juan, Puerto Rico, to assume all of the deposits of Eurobank.

FDIC Insured Yes
FDIC Certificate # 27150
Date Established 1980
Assets $ 2.56 billion
Loans $ 1,513.81 million
Deposits $ 1,970.72 million
Capital $ 97.90 million
 

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

Deposit Rates - October 20, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - October 20, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Eurobank

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
2.574% 2.500% 1.00 $2,445 $988 Learn More
Rocket Mortgage
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 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
2.240 %
$0 Learn More
More Info

Note to Eurobank
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Branches

Eurobank 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


Eurobank Locations


Financial Details

Eurobank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Eurobank. 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
Eurobank U.S. Bank Average
190.95% 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, Eurobank had $250,424,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $97,899,000 in equity and $33,246,000 in loans loss reserves. That gives it a Texas Ratio of 190.95%.

Return on Equity
Eurobank U.S. Bank Average
-46.72% 7.80%

Eurobank has a Return on Equity of -46.72% 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
Eurobank U.S. Bank Average
3.82% 12.68%

Eurobank has a Capitalization of 3.82% 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.

Eurobank Balance Sheet Analysis

As of November 30, -0001, Eurobank had assets of $2,453,138,000, loans of $1,513,812,000, and deposits of $1,970,724,000. 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 $ 1,513.81 million
Loan loss allowance $ 33.25 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 $ 1,970.72 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 $ 2.56 billion

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 Eurobank’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Eurobank’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 Eurobank

Branches and Savings

Is Eurobank FDIC insured?

Yes. It is covered under FDIC Certificate #27150.

Why does Eurobank pay such low interest on savings accounts?

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

Why are Eurobank CD rates not competitive?

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

Is Eurobank a commercial bank?

Yes

Where are Eurobank locations?

See branch locations nearby.

Is Eurobank open on Saturdays?

Is Eurobank open on Sundays?

What time does Eurobank open?

What time does Eurobank close?

Are Eurobank ATMs Open 24/7?

Do Eurobank ATMs accept cash deposits?

Can Eurobank customers use other ATMs?

Do Eurobank branches have notaries?

Will Eurobank notarize my document?

What address for Eurobank should I put for incoming ACH transfers?

Will the Eurobank branch print checks?

Do Eurobank checks expire?

Does Eurobank require US citizenship to open account?

Can Eurobank close my account?

Does Eurobank Report to credit bureaus?

Does Eurobank Use Equifax?

What is Eurobank's ACH Routing Number?

What is Eurobank's SWIFT code?

Products

Does Eurobank offer mortgages?

Compare mortgage rates here.

Does Eurobank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Eurobank offer personal loans?

Compare personal loan rates here.

Does Eurobank offer student loans?

Will Eurobank cash a check?

Will Eurobank redeem a savings bond?

Does Eurobank cash savings bonds?

Will Eurobank cash money orders?

Can Eurobank issue a money order?

Does Eurobank do currency exchange?

Background on The Bank

Who owns Eurobank?

How long has Eurobank been around?

Can Eurobank transfer to other banks?

Does Eurobank have quick pay?

Does Eurobank accept rolled coins?

Will Eurobank accept loose change?

Where is Eurobank headquarters?

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