Franklin County United Bank

Headquarters

2030 Decherd Boulevard
Decherd, TN 37324
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
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

Franklin County United Bank is an FDIC insured institution located in Decherd, TN. It was founded in 2004 and has approximately $0.08 billion in assets.

FDIC Insured Yes
FDIC Certificate # 57851
Date Established 2004
Assets $ 76.89 million
Loans $ 52.22 million
Deposits $ 66.72 million
Capital $ 9.92 million
 

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

Deposit Rates - September 19, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 19, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Franklin County United 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

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Payment
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Rocket Mortgage
NMLS ID: 3030
3.872% 3.750% 1.00 $3,750 $1,158 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,118 $1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

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People's United Bank, N.A.
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4.000 %
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Third Federal Savings and Loans
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2.990 %
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Note to Franklin County United Bank
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Branches

Franklin County 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:
Fairfield,Connecticut


Franklin County United Bank Locations


Financial Details

Franklin County United Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Franklin County 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
Franklin County United Bank U.S. Bank Average
10.11% 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, Franklin County United Bank had $964,000 in non-current loans and $253,000 in owned real estate. To cover these potential losses it had $9,917,000 in equity and $2,121,000 in loans loss reserves. That gives it a Texas Ratio of 10.11%.

Return on Equity
Franklin County United Bank U.S. Bank Average
5.03% 7.80%

Franklin County United Bank has a Return on Equity of 5.03% 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
Franklin County United Bank U.S. Bank Average
12.9% 12.68%

Franklin County United Bank has a Capitalization of 12.9% 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.

Franklin County United Bank Balance Sheet Analysis

As of June 30, 2016, Franklin County United Bank had assets of $76,889,000, loans of $52,220,000, and deposits of $66,723,000. 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 $ 52.22 million
Loan loss allowance $ 2.12 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.25 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 66.72 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 $ 76.89 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 Franklin County United Bank’s loan portfolio are Commercial Real Estate, Small Business Loans, and 1-4 Family Residential Loans.

Compared to other banks in Tennessee, Franklin County United Bank has a significantly higher percent of Small Business 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 28.54
Multifamily
Mortgages
1.39
Credit Card Loans 0.00
Consumer Auto Loans 1.80
Small Business Loans 29.78
Construction and Development Loans 10.43
Commercial Real Estate 36.85
Commercial and Industrial Loans 10.91
Farm Loans 1.87

Frequently Asked Questions About Franklin County United Bank

Branches and Savings

Is Franklin County United Bank FDIC insured?

Yes. It is covered under FDIC Certificate #57851.

Why does Franklin County 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 Franklin County United Bank CD rates not competitive?

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

Is Franklin County United Bank a commercial bank?

Yes

Where are Franklin County United Bank locations?

See branch locations nearby.

Is Franklin County United Bank open on Saturdays?

Is Franklin County United Bank open on Sundays?

What time does Franklin County United Bank open?

What time does Franklin County United Bank close?

Are Franklin County United Bank ATMs Open 24/7?

Do Franklin County United Bank ATMs accept cash deposits?

Can Franklin County United Bank customers use other ATMs?

Do Franklin County United Bank branches have notaries?

Will Franklin County United Bank notarize my document?

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

Will the Franklin County United Bank branch print checks?

Do Franklin County United Bank checks expire?

Does Franklin County United Bank require US citizenship to open account?

Can Franklin County United Bank close my account?

Does Franklin County United Bank Report to credit bureaus?

Does Franklin County United Bank Use Equifax?

What is Franklin County United Bank's ACH Routing Number?

What is Franklin County United Bank's SWIFT code?

Products

Does Franklin County United Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Franklin County United Bank offer personal loans?

Compare personal loan rates here.

Does Franklin County United Bank offer student loans?

Will Franklin County United Bank cash a check?

Will Franklin County United Bank redeem a savings bond?

Does Franklin County United Bank cash savings bonds?

Will Franklin County United Bank cash money orders?

Can Franklin County United Bank issue a money order?

Does Franklin County United Bank do currency exchange?

Background on The Bank

Who owns Franklin County United Bank?

How long has Franklin County United Bank been around?

Can Franklin County United Bank transfer to other banks?

Does Franklin County United Bank have quick pay?

Does Franklin County United Bank accept rolled coins?

Will Franklin County United Bank accept loose change?

Where is Franklin County United Bank headquarters?

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