Fidelity Savings Bank

Headquarters

1009 Perry Highway
Pittsburgh, PA 15237
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.70% →
1-Year CD N.A. 1.01% →
2-Year CD N.A. 0.81% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.61% →
15-Year Mortgage N.A. 2.31% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

Fidelity Savings Bank is an FDIC insured institution located in Pittsburgh, PA. It was founded in 1882 and has approximately $0.64 billion in assets.

FDIC Insured Yes
FDIC Certificate # 28038
Date Established 1882
Assets $ 642.96 million
Loans $ 335.95 million
Deposits $ 464.84 million
Capital $ 56.49 million
 

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

Deposit Rates - January 17, 2021

Your Current Location: Connecticut, CT 06828

 

Loan Rates - January 17, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Fidelity Savings 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 2021

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.701% 2.625% 1.00 $2,495 $1,005 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

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 Fidelity Savings Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Fidelity Savings 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


Fidelity Savings Bank Locations


Financial Details

Fidelity Savings Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Fidelity Savings 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
Fidelity Savings Bank U.S. Bank Average
36.14% 6.14%

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 September 30, 2020, Fidelity Savings Bank had $14,969,000 in non-current loans and $7,077,000 in owned real estate. To cover these potential losses it had $56,485,000 in equity and $4,510,000 in loans loss reserves. That gives it a Texas Ratio of 36.14%.

Return on Equity
Fidelity Savings Bank U.S. Bank Average
1.78% 9.23%

Fidelity Savings Bank has a Return on Equity of 1.78% versus the BestCashCow average of 9.23%. 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
Fidelity Savings Bank U.S. Bank Average
8.79% 12.07%

Fidelity Savings Bank has a Capitalization of 8.79% versus the BestCashCow average of 12.07. 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.

Fidelity Savings Bank Balance Sheet Analysis

As of September 30, 2012, Fidelity Savings Bank had assets of $642,962,000, loans of $335,954,000, and deposits of $464,841,000. 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

September 30, 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 $ 335.95 million
Loan loss allowance $ 4.51 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 7.08 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 464.84 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 $ 642.96 million

Summary Income Statement

September 30, 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 Fidelity Savings Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks in Pennsylvania, Fidelity Savings Bank has a significantly higher percent of 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 52.02
Multifamily
Mortgages
4.17
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 10.55
Construction and Development Loans 4.67
Commercial Real Estate 23.53
Commercial and Industrial Loans 7.60
Farm Loans 0.00

Frequently Asked Questions About Fidelity Savings Bank

Branches and Savings

Is Fidelity Savings Bank FDIC insured?

Yes. It is covered under FDIC Certificate #28038.

Why does Fidelity Savings Bank pay such low interest on savings accounts?

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

Why are Fidelity Savings Bank CD rates not competitive?

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

Is Fidelity Savings Bank a commercial bank?

Yes

Where are Fidelity Savings Bank locations?

See branch locations nearby.

Is Fidelity Savings Bank open on Saturdays?

Is Fidelity Savings Bank open on Sundays?

What time does Fidelity Savings Bank open?

What time does Fidelity Savings Bank close?

Are Fidelity Savings Bank ATMs Open 24/7?

Do Fidelity Savings Bank ATMs accept cash deposits?

Can Fidelity Savings Bank customers use other ATMs?

Do Fidelity Savings Bank branches have notaries?

Will Fidelity Savings Bank notarize my document?

What address for Fidelity Savings Bank should I put for incoming ACH transfers?

Will the Fidelity Savings Bank branch print checks?

Do Fidelity Savings Bank checks expire?

Does Fidelity Savings Bank require US citizenship to open account?

Can Fidelity Savings Bank close my account?

Does Fidelity Savings Bank Report to credit bureaus?

Does Fidelity Savings Bank Use Equifax?

What is Fidelity Savings Bank's ACH Routing Number?

What is Fidelity Savings Bank's SWIFT code?

Products

Does Fidelity Savings Bank offer mortgages?

Compare mortgage rates here.

Does Fidelity Savings Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Fidelity Savings Bank offer personal loans?

Compare personal loan rates here.

Does Fidelity Savings Bank offer student loans?

Will Fidelity Savings Bank cash a check?

Will Fidelity Savings Bank redeem a savings bond?

Does Fidelity Savings Bank cash savings bonds?

Will Fidelity Savings Bank cash money orders?

Can Fidelity Savings Bank issue a money order?

Does Fidelity Savings Bank do currency exchange?

Background on The Bank

Who owns Fidelity Savings Bank?

How long has Fidelity Savings Bank been around?

Can Fidelity Savings Bank transfer to other banks?

Does Fidelity Savings Bank have quick pay?

Does Fidelity Savings Bank accept rolled coins?

Will Fidelity Savings Bank accept loose change?

Where is Fidelity Savings Bank headquarters?

Customer Reviews for Fidelity Savings Bank

There are currently no comments for Fidelity Savings Bank. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →