Five Star Bank

Headquarters

55 North Main Street
Warsaw, NY 14569
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.04% 1.05% →
1-Year CD 0.10% 0.95% →
2-Year CD 0.30% 1.05% →
5-Year CD 0.70% 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

Five Star Bank is an FDIC insured institution located in Warsaw, NY. It was founded in 1881 and has approximately $4.44 billion in assets. Customers can open an account at one of its 53 branches.

FDIC Insured Yes
FDIC Certificate # 659
Date Established 1881
Assets $ 4.44 billion
Loans $ 3.20 billion
Deposits $ 3.80 billion
Capital $ 437.57 million
 

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

Deposit Rates - September 25, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.04% $2,500 $4,999 Learn More
Money Market
0.15% $2,500 $2,999 Learn More
Money Market
0.31% $10,000 $14,999 Learn More
Money Market
0.31% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.05% $10,000 $14,999 Learn More
3 Mo CD
0.05% $100,000 $199,999 Learn More
6 Mo CD
0.05% $10,000 $14,999 Learn More
6 Mo CD
0.05% $100,000 $199,999 Learn More
12 Mo CD
0.10% $10,000 $14,999 Learn More
12 Mo CD
0.10% $100,000 $199,999 Learn More
18 Mo CD
0.20% $10,000 $14,999 Learn More
18 Mo CD
0.20% $100,000 $199,999 Learn More
24 Mo CD
0.30% $10,000 $14,999 Learn More
24 Mo CD
0.30% $100,000 $199,999 Learn More
30 Mo CD
0.30% $10,000 $14,999 Learn More
30 Mo CD
0.30% $100,000 $199,999 Learn More
36 Mo CD
0.35% $10,000 $14,999 Learn More
36 Mo CD
0.35% $100,000 $199,999 Learn More
48 Mo CD
0.60% $10,000 $14,999 Learn More
48 Mo CD
0.60% $100,000 $199,999 Learn More
60 Mo CD
0.70% $10,000 $14,999 Learn More
60 Mo CD
0.70% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1 $99 Learn MoreShow Less
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - September 25, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Five Star 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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,122 $1,021 Learn More
Rocket Mortgage
NMLS ID: 3030
4.114% 3.990% 1.00 $3,750 $1,193 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
2.990 %
$0 Learn More
More Info

Note to Five Star Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Five Star 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


Five Star Bank Locations


Financial Details

Five Star Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Five Star 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
Five Star Bank U.S. Bank Average
2.73% 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, Five Star Bank had $12,384,000 in non-current loans and $749,000 in owned real estate. To cover these potential losses it had $437,566,000 in equity and $43,356,000 in loans loss reserves. That gives it a Texas Ratio of 2.73%.

Return on Equity
Five Star Bank U.S. Bank Average
2.78% 7.80%

Five Star Bank has a Return on Equity of 2.78% 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
Five Star Bank U.S. Bank Average
9.86% 12.68%

Five Star Bank has a Capitalization of 9.86% 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.

Five Star Bank Balance Sheet Analysis

As of March 31, 2020, Five Star Bank had assets of $4,435,724,000, loans of $3,197,693,000, and deposits of $3,802,657,000. 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 $ 147.64 million
Interest-bearing balances $ 102.84 million
Total securities $ 791.08 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 3.20 billion
Loan loss allowance $ 43.36 million
Trading account assets $ 19.92 million
Bank premises and fixed assets N.A.
Other real estate owned $ 0.75 million
Goodwill and other intangibles $ 49.66 million
All other assets $ 170.24 million
     Total Assets $ 4.00 billion
LIABILITIES
Total deposits $ 3.80 billion
      Interest-bearing deposits $ 3.05 billion
      Deposits held in domestic offices $ 3.80 billion
      % insured (estimated) 71.49%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities $ 20.43 million
Other borrowed funds $ 109.50 million
Subordinated debt N.A.
All other liabilities $ 65.57 million
      Total Liabilities $ 4.00 billion
      Shareholders’ Equity $ 437.57 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 41.94 million
Total Interest Expense $ 7.91 million
Net interest income $ 34.03 million
Provision for loan and lease losses $ 13.42 million
Total non interest income $ 6.26 million
Total non interest expense $ 24.17 million
Pre-tax Net Operating Income $ 2.70 million

Bank Loan Profile?

The top three loan types in Five Star Bank’s loan portfolio are Consumer Auto Loans, Commercial Real Estate, and 1-4 Family Residential Loans.

Compared to other banks in New York, Five Star Bank has a significantly higher percent of Consumer Auto 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 22.10
Multifamily
Mortgages
4.04
Credit Card Loans 0.00
Consumer Auto Loans 26.39
Small Business Loans 2.86
Construction and Development Loans 8.31
Commercial Real Estate 22.19
Commercial and Industrial Loans 15.25
Farm Loans 0.49

Frequently Asked Questions About Five Star Bank

Branches and Savings

Is Five Star Bank FDIC insured?

Yes. It is covered under FDIC Certificate #659.

Why does Five Star Bank pay such low interest on savings accounts?

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

Why are Five Star Bank CD rates not competitive?

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

Is Five Star Bank a commercial bank?

Yes

Where are Five Star Bank locations?

See branch locations nearby.

Is Five Star Bank open on Saturdays?

Is Five Star Bank open on Sundays?

What time does Five Star Bank open?

What time does Five Star Bank close?

Are Five Star Bank ATMs Open 24/7?

Do Five Star Bank ATMs accept cash deposits?

Can Five Star Bank customers use other ATMs?

Do Five Star Bank branches have notaries?

Will Five Star Bank notarize my document?

What address for Five Star Bank should I put for incoming ACH transfers?

Will the Five Star Bank branch print checks?

Do Five Star Bank checks expire?

Does Five Star Bank require US citizenship to open account?

Can Five Star Bank close my account?

Does Five Star Bank Report to credit bureaus?

Does Five Star Bank Use Equifax?

What is Five Star Bank's ACH Routing Number?

What is Five Star Bank's SWIFT code?

Products

Does Five Star Bank offer mortgages?

Compare mortgage rates here.

Does Five Star Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Five Star Bank offer personal loans?

Compare personal loan rates here.

Does Five Star Bank offer student loans?

Will Five Star Bank cash a check?

Will Five Star Bank redeem a savings bond?

Does Five Star Bank cash savings bonds?

Will Five Star Bank cash money orders?

Can Five Star Bank issue a money order?

Does Five Star Bank do currency exchange?

Background on The Bank

Who owns Five Star Bank?

How long has Five Star Bank been around?

Can Five Star Bank transfer to other banks?

Does Five Star Bank have quick pay?

Does Five Star Bank accept rolled coins?

Will Five Star Bank accept loose change?

Where is Five Star Bank headquarters?

Customer Reviews for Five Star Bank


  • August 01, 2016

    Currently looking for a list of non- performing loans on properties in the Western, New York area. Not sure where to obtain this information from Five Star, but if you would forward this request to the correct area/personnel in your bank that may have access to this information and can send out an list and email. Please, if at all possible email to: dethompson14621@gmail.com. Thank you so much

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