First United Bank

Headquarters

503 Briggs Avenue South
Park River, ND 58270
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 0.85% →
1-Year CD 0.70% 0.80% →
2-Year CD 0.80% 0.80% →
5-Year CD 1.00% 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 United Bank is an FDIC insured institution located in Park River, ND. It was founded in 1886 and has approximately $0.31 billion in assets. Customers can open an account at one of its 9 branches.

FDIC Insured Yes
FDIC Certificate # 15472
Date Established 1886
Assets $ 307.37 million
Loans $ 168.49 million
Deposits $ 274.43 million
Capital $ 29.25 million
 

For a more detailed analysis of First United Bank'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: California, CA 92111

Savings and Money Market Rates APY MIN MAX
Savings
0.05% $1 - Learn More
Money Market
0.05% $1 $9,999 Learn More
Money Market
0.05% $10,000 $24,999 Learn More
Money Market
0.10% $25,000 $49,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.40% $500 $24,999 Learn More
6 Mo CD
0.50% $25,000 - Learn More
12 Mo CD
0.60% $500 $24,999 Learn More
12 Mo CD
0.70% $25,000 - Learn More
24 Mo CD
0.70% $500 $24,999 Learn More
24 Mo CD
0.80% $25,000 - Learn More
36 Mo CD
0.80% $500 $24,999 Learn More
36 Mo CD
0.90% $25,000 - Learn More
48 Mo CD
0.90% $500 $24,999 Learn More
48 Mo CD
1.00% $25,000 - Learn More
60 Mo CD
0.90% $500 $24,999 Learn More
60 Mo CD
1.00% $25,000 - Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.01% $100 - Learn MoreShow Less
 

Loan Rates - September 23, 2021

Your Current Location: California, CA 92111

There are currently no loan rates available for First United Bank

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




Featured - California 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Monthly
Payment
Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
2.826% 2.750%
1.00 points
$2,478 fees
$1,021 Learn More

Featured - California Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
BMO Harris Bank
BMO Harris Bank
See Table
Intro APR 1.790 %
After Intro: 4.840 %
Intro Period: 6 months
$0 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info

Note to First United Bank
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Branches

First United 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:
San Diego,California


First United Bank Locations


Financial Details

First United Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First United 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
First United Bank U.S. Bank Average
3.45% 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 United Bank had $1,047,000 in non-current loans and $100,000 in owned real estate. To cover these potential losses it had $29,245,000 in equity and $3,974,000 in loans loss reserves. That gives it a Texas Ratio of 3.45%.

Return on Equity
First United Bank U.S. Bank Average
19.35% 11.43%

First United Bank has a Return on Equity of 19.35% 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 United Bank U.S. Bank Average
9.51% 11.51%

First United Bank has a Capitalization of 9.51% 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 United Bank Balance Sheet Analysis

As of March 31, 2021, First United Bank had assets of $307,371,000, loans of $168,493,000, and deposits of $274,427,000. 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 $ 7.02 million
Interest-bearing balances $ 2.94 million
Total securities $ 107.26 million
Federal funds sold and reverse repurchase $ 13.00 million
Net loans and leases $ 168.49 million
Loan loss allowance $ 3.97 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.10 million
Goodwill and other intangibles $ 0.37 million
All other assets $ 9.04 million
     Total Assets $ 278.13 million
LIABILITIES
Total deposits $ 274.43 million
      Interest-bearing deposits $ 212.02 million
      Deposits held in domestic offices $ 274.43 million
      % insured (estimated) 78.54%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 2.82 million
Subordinated debt N.A.
All other liabilities $ 0.88 million
      Total Liabilities $ 278.13 million
      Shareholders’ Equity $ 29.25 million

Summary Income Statement

March 31, 2021
INCOME AND EXPENSES
Total Interest Income $ 3.07 million
Total Interest Expense $ 0.26 million
Net interest income $ 2.81 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.17 million
Total non interest expense $ 1.49 million
Pre-tax Net Operating Income $ 1.48 million

Bank Loan Profile?

The top three loan types in First United Bank’s loan portfolio are Farm Loans, Commercial and Industrial Loans, and 1-4 Family Residential Loans.

Compared to other banks in North Dakota, First United Bank has a significantly higher percent of Farm 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 5.80
Multifamily
Mortgages
0.34
Credit Card Loans 0.00
Consumer Auto Loans 0.79
Small Business Loans 0.00
Construction and Development Loans 0.62
Commercial Real Estate 2.42
Commercial and Industrial Loans 11.55
Farm Loans 44.83

Frequently Asked Questions About First United Bank

Branches and Savings

Is First United Bank FDIC insured?

Yes. It is covered under FDIC Certificate #15472.

Why does First United Bank pay such low interest on savings accounts?

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

Why are First United Bank CD rates not competitive?

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

Is First United Bank a commercial bank?

Yes

Where are First United Bank locations?

See branch locations nearby.

Is First United Bank open on Saturdays?

Is First United Bank open on Sundays?

What time does First United Bank open?

What time does First United Bank close?

Are First United Bank ATMs Open 24/7?

Do First United Bank ATMs accept cash deposits?

Can First United Bank customers use other ATMs?

Do First United Bank branches have notaries?

Will First United Bank notarize my document?

What address for First United Bank should I put for incoming ACH transfers?

Will the First United Bank branch print checks?

Do First United Bank checks expire?

Does First United Bank require US citizenship to open account?

Can First United Bank close my account?

Does First United Bank Report to credit bureaus?

Does First United Bank Use Equifax?

What is First United Bank's ACH Routing Number?

What is First United Bank's SWIFT code?

Products

Does First United Bank offer mortgages?

Compare mortgage rates here.

Does First United Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First United Bank offer personal loans?

Compare personal loan rates here.

Does First United Bank offer student loans?

Will First United Bank cash a check?

Will First United Bank redeem a savings bond?

Does First United Bank cash savings bonds?

Will First United Bank cash money orders?

Can First United Bank issue a money order?

Does First United Bank do currency exchange?

Background on The Bank

Who owns First United Bank?

How long has First United Bank been around?

Can First United Bank transfer to other banks?

Does First United Bank have quick pay?

Does First United Bank accept rolled coins?

Will First United Bank accept loose change?

Where is First United Bank headquarters?

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