Fredonia Valley Bank

Headquarters

602 Cassidy Ave
Fredonia, KY 42411
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.06% 0.85% →
1-Year CD 0.35% 0.80% →
2-Year CD 0.35% 0.80% →
5-Year CD 0.75% 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

Fredonia Valley Bank is an FDIC insured institution located in Fredonia, KY. It was founded in 1894 and has approximately $0.1 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 9669
Date Established 1894
Assets $ 97.49 million
Loans $ 56.80 million
Deposits $ 81.73 million
Capital $ 14.65 million
 

For a more detailed analysis of Fredonia Valley 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
0.06% $2,500 $4,999 Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.10% $10,000 $14,999 Learn More
Money Market
0.10% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.15% $10,000 $14,999 Learn More
6 Mo CD
0.15% $100,000 $199,999 Learn More
12 Mo CD
0.35% $10,000 $14,999 Learn More
12 Mo CD
0.35% $100,000 $199,999 Learn More
24 Mo CD
0.35% $10,000 $14,999 Learn More
24 Mo CD
0.35% $100,000 $199,999 Learn More
30 Mo CD
0.45% $10,000 $14,999 Learn More
30 Mo CD
0.45% $100,000 $199,999 Learn More
48 Mo CD
0.55% $10,000 $14,999 Learn More
48 Mo CD
0.55% $100,000 $199,999 Learn More
60 Mo CD
0.75% $10,000 $14,999 Learn More
60 Mo CD
0.75% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.08% $2,500 $3,499 Learn MoreShow Less
 

Loan Rates - September 23, 2021

Your Current Location: California, CA 92111

There are currently no loan rates available for Fredonia Valley 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 Fredonia Valley Bank
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Branches

Fredonia Valley 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


Fredonia Valley Bank Locations


Financial Details

Fredonia Valley Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Fredonia Valley 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
Fredonia Valley Bank U.S. Bank Average
12.76% 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, Fredonia Valley Bank had $2,001,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $14,645,000 in equity and $1,033,000 in loans loss reserves. That gives it a Texas Ratio of 12.76%.

Return on Equity
Fredonia Valley Bank U.S. Bank Average
7.43% 11.43%

Fredonia Valley Bank has a Return on Equity of 7.43% 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
Fredonia Valley Bank U.S. Bank Average
15.02% 11.51%

Fredonia Valley Bank has a Capitalization of 15.02% 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.

Fredonia Valley Bank Balance Sheet Analysis

As of March 31, 2021, Fredonia Valley Bank had assets of $97,493,000, loans of $56,803,000, and deposits of $81,734,000. 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 $ 12.70 million
Interest-bearing balances $ 10.78 million
Total securities $ 19.88 million
Federal funds sold and reverse repurchase $ 3.12 million
Net loans and leases $ 56.80 million
Loan loss allowance $ 1.03 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 $ 4.26 million
     Total Assets $ 82.85 million
LIABILITIES
Total deposits $ 81.73 million
      Interest-bearing deposits $ 52.78 million
      Deposits held in domestic offices $ 81.73 million
      % insured (estimated) 88.81%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 0.97 million
Subordinated debt N.A.
All other liabilities $ 0.15 million
      Total Liabilities $ 82.85 million
      Shareholders’ Equity $ 14.65 million

Summary Income Statement

March 31, 2021
INCOME AND EXPENSES
Total Interest Income $ 0.92 million
Total Interest Expense $ 0.04 million
Net interest income $ 0.88 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.11 million
Total non interest expense $ 0.67 million
Pre-tax Net Operating Income $ 0.33 million

Bank Loan Profile?

The top three loan types in Fredonia Valley Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks in Kentucky, Fredonia Valley Bank 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 67.18
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 1.08
Small Business Loans 0.00
Construction and Development Loans 0.44
Commercial Real Estate 11.12
Commercial and Industrial Loans 7.53
Farm Loans 3.15

Frequently Asked Questions About Fredonia Valley Bank

Branches and Savings

Is Fredonia Valley Bank FDIC insured?

Yes. It is covered under FDIC Certificate #9669.

Why does Fredonia Valley Bank pay such low interest on savings accounts?

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

Why are Fredonia Valley Bank CD rates not competitive?

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

Is Fredonia Valley Bank a commercial bank?

Yes

Where are Fredonia Valley Bank locations?

See branch locations nearby.

Is Fredonia Valley Bank open on Saturdays?

Is Fredonia Valley Bank open on Sundays?

What time does Fredonia Valley Bank open?

What time does Fredonia Valley Bank close?

Are Fredonia Valley Bank ATMs Open 24/7?

Do Fredonia Valley Bank ATMs accept cash deposits?

Can Fredonia Valley Bank customers use other ATMs?

Do Fredonia Valley Bank branches have notaries?

Will Fredonia Valley Bank notarize my document?

What address for Fredonia Valley Bank should I put for incoming ACH transfers?

Will the Fredonia Valley Bank branch print checks?

Do Fredonia Valley Bank checks expire?

Does Fredonia Valley Bank require US citizenship to open account?

Can Fredonia Valley Bank close my account?

Does Fredonia Valley Bank Report to credit bureaus?

Does Fredonia Valley Bank Use Equifax?

What is Fredonia Valley Bank's ACH Routing Number?

What is Fredonia Valley Bank's SWIFT code?

Products

Does Fredonia Valley Bank offer mortgages?

Compare mortgage rates here.

Does Fredonia Valley Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Fredonia Valley Bank offer personal loans?

Compare personal loan rates here.

Does Fredonia Valley Bank offer student loans?

Will Fredonia Valley Bank cash a check?

Will Fredonia Valley Bank redeem a savings bond?

Does Fredonia Valley Bank cash savings bonds?

Will Fredonia Valley Bank cash money orders?

Can Fredonia Valley Bank issue a money order?

Does Fredonia Valley Bank do currency exchange?

Background on The Bank

Who owns Fredonia Valley Bank?

How long has Fredonia Valley Bank been around?

Can Fredonia Valley Bank transfer to other banks?

Does Fredonia Valley Bank have quick pay?

Does Fredonia Valley Bank accept rolled coins?

Will Fredonia Valley Bank accept loose change?

Where is Fredonia Valley Bank headquarters?

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