First Federal Savings and Loan Association of Wakeeney

Headquarters

229 Main Street
Wakeeney, KS 67672
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.85% →
1-Year CD N.A. 0.80% →
2-Year CD N.A. 0.80% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

First Federal Savings and Loan Association of Wakeeney is an FDIC insured institution located in Wakeeney, KS. It was founded in 1934 and has approximately $0.03 billion in assets.

FDIC Insured Yes
FDIC Certificate # 29172
Date Established 1934
Assets $ 27.95 million
Loans $ 9.74 million
Deposits $ 23.88 million
Capital $ 3.40 million
 

For a more detailed analysis of First Federal Savings and Loan Association of Wakeeney's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - September 23, 2021

Your Current Location: Connecticut, CT 06828

 

Loan Rates - September 23, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for First Federal Savings and Loan Association of Wakeeney

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 (%) Monthly
Payment
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PADDIO
NMLS ID: 1907
2.808% 2.750%
-0.25 points
$1,875 fees
$1,021 Learn More
CIT Bank
NMLS ID: 541760
2.873% 2.800%
1.00 points
$2,380 fees
$1,028 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
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Intro APR 2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
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BMO Harris Bank
BMO Harris Bank
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Intro APR 1.790 %
After Intro: 4.840 %
Intro Period: 6 months
$0 Learn More
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Third Federal Savings and Loan
Third Federal Savings and Loan
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2.240 %
$0 Learn More
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Note to First Federal Savings and Loan Association of Wakeeney
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Branches

First Federal Savings and Loan Association of Wakeeney 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


First Federal Savings and Loan Association of Wakeeney Locations


Financial Details

First Federal Savings and Loan Association of Wakeeney Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Federal Savings and Loan Association of Wakeeney. 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
First Federal Savings and Loan Association of Wakeeney U.S. Bank Average
0% 5.29%

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, 2021, First Federal Savings and Loan Association of Wakeeney had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $3,401,000 in equity and $152,000 in loans loss reserves. That gives it a Texas Ratio of 0%.

Return on Equity
First Federal Savings and Loan Association of Wakeeney U.S. Bank Average
-1.36% 11.43%

First Federal Savings and Loan Association of Wakeeney has a Return on Equity of -1.36% versus the BestCashCow average of 11.43%. 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
First Federal Savings and Loan Association of Wakeeney U.S. Bank Average
12.17% 11.51%

First Federal Savings and Loan Association of Wakeeney has a Capitalization of 12.17% versus the BestCashCow average of 11.51. 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.

First Federal Savings and Loan Association of Wakeeney Balance Sheet Analysis

As of March 31, 2017, First Federal Savings and Loan Association of Wakeeney had assets of $27,784,000, loans of $9,744,000, and deposits of $23,882,000. 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, 2021
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 $ 9.74 million
Loan loss allowance $ 0.15 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 $ 23.88 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 $ 27.95 million

Summary Income Statement

March 31, 2021
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 First Federal Savings and Loan Association of Wakeeney’s loan portfolio are 1-4 Family Residential Loans, Farm Loans, and Small Business Loans.

Compared to other banks in Kansas, First Federal Savings and Loan Association of Wakeeney 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 68.09
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 1.61
Small Business Loans 3.15
Construction and Development Loans 0.00
Commercial Real Estate 3.15
Commercial and Industrial Loans 0.17
Farm Loans 3.50

Frequently Asked Questions About First Federal Savings And Loan Association Of Wakeeney

Branches and Savings

Is First Federal Savings And Loan Association Of Wakeeney FDIC insured?

Yes. It is covered under FDIC Certificate #29172.

Why does First Federal Savings And Loan Association Of Wakeeney pay such low interest on savings accounts?

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

Why are First Federal Savings And Loan Association Of Wakeeney CD rates not competitive?

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

Is First Federal Savings And Loan Association Of Wakeeney a commercial bank?

Yes

Where are First Federal Savings And Loan Association Of Wakeeney locations?

See branch locations nearby.

Is First Federal Savings And Loan Association Of Wakeeney open on Saturdays?

Is First Federal Savings And Loan Association Of Wakeeney open on Sundays?

What time does First Federal Savings And Loan Association Of Wakeeney open?

What time does First Federal Savings And Loan Association Of Wakeeney close?

Are First Federal Savings And Loan Association Of Wakeeney ATMs Open 24/7?

Do First Federal Savings And Loan Association Of Wakeeney ATMs accept cash deposits?

Can First Federal Savings And Loan Association Of Wakeeney customers use other ATMs?

Do First Federal Savings And Loan Association Of Wakeeney branches have notaries?

Will First Federal Savings And Loan Association Of Wakeeney notarize my document?

What address for First Federal Savings And Loan Association Of Wakeeney should I put for incoming ACH transfers?

Will the First Federal Savings And Loan Association Of Wakeeney branch print checks?

Do First Federal Savings And Loan Association Of Wakeeney checks expire?

Does First Federal Savings And Loan Association Of Wakeeney require US citizenship to open account?

Can First Federal Savings And Loan Association Of Wakeeney close my account?

Does First Federal Savings And Loan Association Of Wakeeney Report to credit bureaus?

Does First Federal Savings And Loan Association Of Wakeeney Use Equifax?

What is First Federal Savings And Loan Association Of Wakeeney's ACH Routing Number?

What is First Federal Savings And Loan Association Of Wakeeney's SWIFT code?

Products

Does First Federal Savings And Loan Association Of Wakeeney offer mortgages?

Compare mortgage rates here.

Does First Federal Savings And Loan Association Of Wakeeney offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First Federal Savings And Loan Association Of Wakeeney offer personal loans?

Compare personal loan rates here.

Does First Federal Savings And Loan Association Of Wakeeney offer student loans?

Will First Federal Savings And Loan Association Of Wakeeney cash a check?

Will First Federal Savings And Loan Association Of Wakeeney redeem a savings bond?

Does First Federal Savings And Loan Association Of Wakeeney cash savings bonds?

Will First Federal Savings And Loan Association Of Wakeeney cash money orders?

Can First Federal Savings And Loan Association Of Wakeeney issue a money order?

Does First Federal Savings And Loan Association Of Wakeeney do currency exchange?

Background on The Bank

Who owns First Federal Savings And Loan Association Of Wakeeney?

How long has First Federal Savings And Loan Association Of Wakeeney been around?

Can First Federal Savings And Loan Association Of Wakeeney transfer to other banks?

Does First Federal Savings And Loan Association Of Wakeeney have quick pay?

Does First Federal Savings And Loan Association Of Wakeeney accept rolled coins?

Will First Federal Savings And Loan Association Of Wakeeney accept loose change?

Where is First Federal Savings And Loan Association Of Wakeeney headquarters?

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