Foundations Bank

Headquarters

N35 W23877 Highfield Court
Pewaukee, WI 53072
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.95% →
1-Year CD N.A. 1.01% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 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

Foundations Bank is an FDIC insured institution located in Pewaukee, WI. It was founded in 2005 and has approximately $0.13 billion in assets.

FDIC Insured Yes
FDIC Certificate # 57972
Date Established 2005
Assets $ 128.24 million
Loans $ 76.88 million
Deposits $ 101.15 million
Capital $ 22.57 million
 

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

Deposit Rates - October 21, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - October 21, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Foundations 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
2.569% 2.500% 0.88 $2,258 $988 Learn More
Rocket Mortgage
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
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Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

Note to Foundations Bank
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Branches

Foundations 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


Foundations Bank Locations


Financial Details

Foundations Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Foundations 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
Foundations Bank U.S. Bank Average
6.06% 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, Foundations Bank had $1,235,000 in non-current loans and $289,000 in owned real estate. To cover these potential losses it had $22,572,000 in equity and $2,571,000 in loans loss reserves. That gives it a Texas Ratio of 6.06%.

Return on Equity
Foundations Bank U.S. Bank Average
3.68% 7.80%

Foundations Bank has a Return on Equity of 3.68% 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
Foundations Bank U.S. Bank Average
17.6% 12.68%

Foundations Bank has a Capitalization of 17.6% 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.

Foundations Bank Balance Sheet Analysis

As of March 31, 2015, Foundations Bank had assets of $125,733,000, loans of $76,880,000, and deposits of $101,147,000. 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 N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 76.88 million
Loan loss allowance $ 2.57 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.29 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 101.15 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 $ 128.24 million

Summary Income Statement

March 31, 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 Foundations Bank’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks in Wisconsin, Foundations Bank has a significantly higher percent of Small Business Loans, Commercial Real Estate 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 23.87
Multifamily
Mortgages
6.13
Credit Card Loans 0.03
Consumer Auto Loans 0.02
Small Business Loans 10.97
Construction and Development Loans 10.10
Commercial Real Estate 45.32
Commercial and Industrial Loans 16.66
Farm Loans 0.00

Frequently Asked Questions About Foundations Bank

Branches and Savings

Is Foundations Bank FDIC insured?

Yes. It is covered under FDIC Certificate #57972.

Why does Foundations Bank pay such low interest on savings accounts?

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

Why are Foundations Bank CD rates not competitive?

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

Is Foundations Bank a commercial bank?

Yes

Where are Foundations Bank locations?

See branch locations nearby.

Is Foundations Bank open on Saturdays?

Is Foundations Bank open on Sundays?

What time does Foundations Bank open?

What time does Foundations Bank close?

Are Foundations Bank ATMs Open 24/7?

Do Foundations Bank ATMs accept cash deposits?

Can Foundations Bank customers use other ATMs?

Do Foundations Bank branches have notaries?

Will Foundations Bank notarize my document?

What address for Foundations Bank should I put for incoming ACH transfers?

Will the Foundations Bank branch print checks?

Do Foundations Bank checks expire?

Does Foundations Bank require US citizenship to open account?

Can Foundations Bank close my account?

Does Foundations Bank Report to credit bureaus?

Does Foundations Bank Use Equifax?

What is Foundations Bank's ACH Routing Number?

What is Foundations Bank's SWIFT code?

Products

Does Foundations Bank offer mortgages?

Compare mortgage rates here.

Does Foundations Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Foundations Bank offer personal loans?

Compare personal loan rates here.

Does Foundations Bank offer student loans?

Will Foundations Bank cash a check?

Will Foundations Bank redeem a savings bond?

Does Foundations Bank cash savings bonds?

Will Foundations Bank cash money orders?

Can Foundations Bank issue a money order?

Does Foundations Bank do currency exchange?

Background on The Bank

Who owns Foundations Bank?

How long has Foundations Bank been around?

Can Foundations Bank transfer to other banks?

Does Foundations Bank have quick pay?

Does Foundations Bank accept rolled coins?

Will Foundations Bank accept loose change?

Where is Foundations Bank headquarters?

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