First Federal Savings Bank of Champaign Urbana

1311 S. Neil St.
Champaign, IL 61820

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 28445
Date Established 1908
Assets $0.17 billion
Loans $0.10 billion
Deposits $0.15 billion
Capital $0.02 billion

First Federal Savings Bank of Champaign Urbana is an FDIC insured institution located in Champaign, IL. It was founded in 1908 and has approximately $0.17 billion in assets. Customers can open an account at one of its 2 branches.

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

Deposit Rates - July 16, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.05% $2,500 - Learn MoreShow Less
Premium Money Market Account
0.05% $1 $24,999 Learn MoreShow Less
Premium Money Market Account
0.05% $25,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.05% $1,000 $49,999 Learn MoreShow Less
3 Mo CD
0.10% $100,000 - Learn MoreShow Less
6 Mo CD
0.10% $1,000 $49,999 Learn MoreShow Less
6 Mo CD
0.15% $100,000 - Learn MoreShow Less
12 Mo CD
0.20% $1,000 $49,999 Learn MoreShow Less
12 Mo CD
0.20% $100,000 - Learn MoreShow Less
18 Mo CD
0.25% $1,000 - Learn MoreShow Less
24 Mo CD
0.30% $1,000 - Learn MoreShow Less
48 Mo CD
0.50% $1,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.20% $1,000 $49,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.25% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $500 - Learn MoreShow Less

Loan Rates - July 16, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for First Federal Savings Bank of Champaign Urbana

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.777% 3.750% 0.38 $832 $1,158 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info

Note to First Federal Savings Bank of Champaign Urbana
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Branches

First Federal Savings Bank of Champaign Urbana 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:
Ashburn,Virginia


First Federal Savings Bank of Champaign Urbana Locations


Financial Details

First Federal Savings Bank of Champaign Urbana Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Federal Savings Bank of Champaign Urbana. 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 Bank of Champaign Urbana U.S. Bank Average
7.21% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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, 2019, First Federal Savings Bank of Champaign Urbana had $937,000 in non-current loans and $418,000 in owned real estate. To cover these potential losses it had $17,859,000 in equity and $941,000 in loans loss reserves. That gives it a Texas Ratio of 7.21%.

Return on Equity
First Federal Savings Bank of Champaign Urbana U.S. Bank Average
13.62% 9.47%

First Federal Savings Bank of Champaign Urbana has a Return on Equity of 13.62% versus the BestCashCow average of 9.47%. 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 Bank of Champaign Urbana U.S. Bank Average
10.27% 12.49%

First Federal Savings Bank of Champaign Urbana has a Capitalization of 10.27% versus the BestCashCow average of 12.49. 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 Bank of Champaign Urbana Balance Sheet Analysis

As of March 31, 2019, First Federal Savings Bank of Champaign Urbana had assets of $173,898,000, loans of $100,487,000, and deposits of $152,780,000. 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, 2019
ASSETS
Cash & Balances due from depository institutions $0.07 billion
Interest-bearing balances $0.06 billion
Total securities $0.00 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.10 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.16 billion
LIABILITIES
Total deposits $0.15 billion
      Interest-bearing deposits $0.12 billion
      Deposits held in domestic offices $0.15 billion
      % insured (estimated) 90.70%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.16 billion
      Shareholders’ Equity $0.02 billion

Summary Income Statement

March 31, 2019
INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Bank Loan Profile?

The top three loan types in First Federal Savings Bank of Champaign Urbana’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Multifamily Mortgages.

Compared to other banks, First Federal Savings Bank of Champaign Urbana’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 51.01
Multifamily
Mortgages
12.35
Credit Card Loans 0.00
Consumer Auto Loans 0.38
Small Business Loans 0.00
Construction and Development Loans 1.99
Commercial Real Estate 21.35
Commercial and Industrial Loans 9.39
Farm Loans 0.00

Frequently Asked Questions About First Federal Savings Bank Of Champaign Urbana

Branches and Savings

Is First Federal Savings Bank Of Champaign Urbana FDIC insured?

Yes. It is covered under FDIC Certificate #28445.

Why does First Federal Savings Bank Of Champaign Urbana 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 Bank Of Champaign Urbana CD rates not competitive?

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

Is First Federal Savings Bank Of Champaign Urbana a commercial bank?

Yes

Where are First Federal Savings Bank Of Champaign Urbana locations?

See branch locations nearby.

Is First Federal Savings Bank Of Champaign Urbana open on Saturdays?

Is First Federal Savings Bank Of Champaign Urbana open on Sundays?

What time does First Federal Savings Bank Of Champaign Urbana open?

What time does First Federal Savings Bank Of Champaign Urbana close?

Are First Federal Savings Bank Of Champaign Urbana ATMs Open 24/7?

Do First Federal Savings Bank Of Champaign Urbana ATMs accept cash deposits?

Can First Federal Savings Bank Of Champaign Urbana customers use other ATMs?

Do First Federal Savings Bank Of Champaign Urbana branches have notaries?

Will First Federal Savings Bank Of Champaign Urbana notarize my document?

What address for First Federal Savings Bank Of Champaign Urbana should I put for incoming ACH transfers?

Will the First Federal Savings Bank Of Champaign Urbana branch print checks?

Do First Federal Savings Bank Of Champaign Urbana checks expire?

Does First Federal Savings Bank Of Champaign Urbana require US citizenship to open account?

Can First Federal Savings Bank Of Champaign Urbana close my account?

Does First Federal Savings Bank Of Champaign Urbana Report to credit bureaus?

Does First Federal Savings Bank Of Champaign Urbana Use Equifax?

What is First Federal Savings Bank Of Champaign Urbana's ACH Routing Number?

What is First Federal Savings Bank Of Champaign Urbana's SWIFT code?

Products

Does First Federal Savings Bank Of Champaign Urbana offer mortgages?

Compare mortgage rates here.

Does First Federal Savings Bank Of Champaign Urbana offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First Federal Savings Bank Of Champaign Urbana offer personal loans?

Compare personal loan rates here.

Does First Federal Savings Bank Of Champaign Urbana offer student loans?

Will First Federal Savings Bank Of Champaign Urbana cash a check?

Will First Federal Savings Bank Of Champaign Urbana redeem a savings bond?

Does First Federal Savings Bank Of Champaign Urbana cash savings bonds?

Will First Federal Savings Bank Of Champaign Urbana cash money orders?

Can First Federal Savings Bank Of Champaign Urbana issue a money order?

Does First Federal Savings Bank Of Champaign Urbana do currency exchange?

Background on The Bank

Who owns First Federal Savings Bank Of Champaign Urbana?

How long has First Federal Savings Bank Of Champaign Urbana been around?

Can First Federal Savings Bank Of Champaign Urbana transfer to other banks?

Does First Federal Savings Bank Of Champaign Urbana have quick pay?

Does First Federal Savings Bank Of Champaign Urbana accept rolled coins?

Will First Federal Savings Bank Of Champaign Urbana accept loose change?

Where is First Federal Savings Bank Of Champaign Urbana headquarters?

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