Fraternity Federal Savings and Loan Association

Headquarters

764 Washington Blvd
Baltimore, MD 21230
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

Fraternity Federal Savings and Loan Association is an FDIC insured institution located in Baltimore, MD. It was founded in 1913 and has approximately $0.16 billion in assets.

FDIC Insured Yes
FDIC Certificate # 28283
Date Established 1913
Assets $ 163.97 million
Loans $ 118.52 million
Deposits $ 118.71 million
Capital $ 23.91 million
 

For a more detailed analysis of Fraternity Federal Savings and Loan Association's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - October 29, 2020

Your Current Location: Virginia, VA 20146


Loan Rates - October 29, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Fraternity Federal Savings and Loan Association

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




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Note to Fraternity Federal Savings and Loan Association
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Branches

Fraternity Federal Savings and Loan Association 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


Fraternity Federal Savings and Loan Association Locations


Financial Details

Fraternity Federal Savings and Loan Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Fraternity Federal Savings and Loan Association. 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
Fraternity Federal Savings and Loan Association U.S. Bank Average
8.45% 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, Fraternity Federal Savings and Loan Association had $2,161,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $23,911,000 in equity and $1,650,000 in loans loss reserves. That gives it a Texas Ratio of 8.45%.

Return on Equity
Fraternity Federal Savings and Loan Association U.S. Bank Average
1.21% 7.80%

Fraternity Federal Savings and Loan Association has a Return on Equity of 1.21% 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
Fraternity Federal Savings and Loan Association U.S. Bank Average
14.58% 12.68%

Fraternity Federal Savings and Loan Association has a Capitalization of 14.58% 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.

Fraternity Federal Savings and Loan Association Balance Sheet Analysis

As of March 31, 2015, Fraternity Federal Savings and Loan Association had assets of $160,939,000, loans of $118,522,000, and deposits of $118,712,000. 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 $ 118.52 million
Loan loss allowance $ 1.65 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 118.71 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 $ 163.97 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 Fraternity Federal Savings and Loan Association’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks in Maryland, Fraternity Federal Savings and Loan Association has a significantly higher percent of 1-4 Family Residential 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 87.78
Multifamily
Mortgages
3.74
Credit Card Loans 0.00
Consumer Auto Loans 0.01
Small Business Loans 5.46
Construction and Development Loans 2.38
Commercial Real Estate 7.46
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About Fraternity Federal Savings And Loan Association

Branches and Savings

Is Fraternity Federal Savings And Loan Association FDIC insured?

Yes. It is covered under FDIC Certificate #28283.

Why does Fraternity Federal Savings And Loan Association pay such low interest on savings accounts?

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

Why are Fraternity Federal Savings And Loan Association CD rates not competitive?

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

Is Fraternity Federal Savings And Loan Association a commercial bank?

Yes

Where are Fraternity Federal Savings And Loan Association locations?

See branch locations nearby.

Is Fraternity Federal Savings And Loan Association open on Saturdays?

Is Fraternity Federal Savings And Loan Association open on Sundays?

What time does Fraternity Federal Savings And Loan Association open?

What time does Fraternity Federal Savings And Loan Association close?

Are Fraternity Federal Savings And Loan Association ATMs Open 24/7?

Do Fraternity Federal Savings And Loan Association ATMs accept cash deposits?

Can Fraternity Federal Savings And Loan Association customers use other ATMs?

Do Fraternity Federal Savings And Loan Association branches have notaries?

Will Fraternity Federal Savings And Loan Association notarize my document?

What address for Fraternity Federal Savings And Loan Association should I put for incoming ACH transfers?

Will the Fraternity Federal Savings And Loan Association branch print checks?

Do Fraternity Federal Savings And Loan Association checks expire?

Does Fraternity Federal Savings And Loan Association require US citizenship to open account?

Can Fraternity Federal Savings And Loan Association close my account?

Does Fraternity Federal Savings And Loan Association Report to credit bureaus?

Does Fraternity Federal Savings And Loan Association Use Equifax?

What is Fraternity Federal Savings And Loan Association's ACH Routing Number?

What is Fraternity Federal Savings And Loan Association's SWIFT code?

Products

Does Fraternity Federal Savings And Loan Association offer mortgages?

Compare mortgage rates here.

Does Fraternity Federal Savings And Loan Association offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Fraternity Federal Savings And Loan Association offer personal loans?

Compare personal loan rates here.

Does Fraternity Federal Savings And Loan Association offer student loans?

Will Fraternity Federal Savings And Loan Association cash a check?

Will Fraternity Federal Savings And Loan Association redeem a savings bond?

Does Fraternity Federal Savings And Loan Association cash savings bonds?

Will Fraternity Federal Savings And Loan Association cash money orders?

Can Fraternity Federal Savings And Loan Association issue a money order?

Does Fraternity Federal Savings And Loan Association do currency exchange?

Background on The Bank

Who owns Fraternity Federal Savings And Loan Association?

How long has Fraternity Federal Savings And Loan Association been around?

Can Fraternity Federal Savings And Loan Association transfer to other banks?

Does Fraternity Federal Savings And Loan Association have quick pay?

Does Fraternity Federal Savings And Loan Association accept rolled coins?

Will Fraternity Federal Savings And Loan Association accept loose change?

Where is Fraternity Federal Savings And Loan Association headquarters?

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