Frontier Savings Bank


940 Valley View Drive
Council Bluffs, IA 51503
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

Frontier Savings Bank is an FDIC insured institution located in Council Bluffs, IA. It was founded in 2000 and has approximately $0.04 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 35432
Date Established 2000
Assets $ 39.02 million
Loans $ 19.51 million
Deposits $ 33.54 million
Capital $ 4.27 million

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

Deposit Rates - October 28, 2020

Your Current Location: Virginia, VA 20146

Loan Rates - October 28, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Frontier Savings Bank

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

Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
NMLS ID: 2890
License#: MC-3098
2.674% 2.625% 0.63 $1,595 $1,005 Learn More

Featured - Virginia 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
2.240 %
$0 Learn More
More Info

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


Frontier Savings 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:

Frontier Savings Bank Locations

Financial Details

Frontier Savings Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Frontier Savings Bank. The data is provided by the FDIC. All banks listed on are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Frontier Savings Bank U.S. Bank Average
7.67% 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, Frontier Savings Bank had $0 in non-current loans and $342,000 in owned real estate. To cover these potential losses it had $4,272,000 in equity and $185,000 in loans loss reserves. That gives it a Texas Ratio of 7.67%.

Return on Equity
Frontier Savings Bank U.S. Bank Average
1.7% 7.80%

Frontier Savings Bank has a Return on Equity of 1.7% 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.

Frontier Savings Bank U.S. Bank Average
10.95% 12.68%

Frontier Savings Bank has a Capitalization of 10.95% 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.

Frontier Savings Bank Balance Sheet Analysis

As of December 31, 2018, Frontier Savings Bank had assets of $40,808,000, loans of $19,514,000, and deposits of $33,544,000. 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
Cash & Balances due from depository institutions $ 17.60 million
Interest-bearing balances $ 15.88 million
Total securities $ 2.77 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 19.51 million
Loan loss allowance $ 0.19 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.34 million
Goodwill and other intangibles N.A.
All other assets $ 0.44 million
     Total Assets $ 36.54 million
Total deposits $ 33.54 million
      Interest-bearing deposits $ 25.57 million
      Deposits held in domestic offices $ 33.54 million
      % insured (estimated) 86.67%
Federal funds purchased and repurchase agreements $ 2.77 million
Trading liabilities N.A.
Other borrowed funds $ 0.18 million
Subordinated debt N.A.
All other liabilities $ 0.04 million
      Total Liabilities $ 36.54 million
      Shareholders’ Equity $ 2.49 million

Summary Income Statement

March 31, 2020
Total Interest Income $ 1.28 million
Total Interest Expense $ 0.10 million
Net interest income $ 1.19 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.09 million
Total non interest expense $ 1.21 million
Pre-tax Net Operating Income $ 0.07 million

Bank Loan Profile?

The top three loan types in Frontier Savings Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks in Iowa, Frontier Savings Bank has a significantly higher percent of Small Business Loans, Construction and Development 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.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 33.67
Credit Card Loans 0.00
Consumer Auto Loans 0.86
Small Business Loans 17.91
Construction and Development Loans 17.75
Commercial Real Estate 21.32
Commercial and Industrial Loans 9.51
Farm Loans 9.65

Frequently Asked Questions About Frontier Savings Bank

Branches and Savings

Is Frontier Savings Bank FDIC insured?

Yes. It is covered under FDIC Certificate #35432.

Why does Frontier Savings Bank pay such low interest on savings accounts?

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

Why are Frontier Savings Bank CD rates not competitive?

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

Is Frontier Savings Bank a commercial bank?


Where are Frontier Savings Bank locations?

See branch locations nearby.

Is Frontier Savings Bank open on Saturdays?

Is Frontier Savings Bank open on Sundays?

What time does Frontier Savings Bank open?

What time does Frontier Savings Bank close?

Are Frontier Savings Bank ATMs Open 24/7?

Do Frontier Savings Bank ATMs accept cash deposits?

Can Frontier Savings Bank customers use other ATMs?

Do Frontier Savings Bank branches have notaries?

Will Frontier Savings Bank notarize my document?

What address for Frontier Savings Bank should I put for incoming ACH transfers?

Will the Frontier Savings Bank branch print checks?

Do Frontier Savings Bank checks expire?

Does Frontier Savings Bank require US citizenship to open account?

Can Frontier Savings Bank close my account?

Does Frontier Savings Bank Report to credit bureaus?

Does Frontier Savings Bank Use Equifax?

What is Frontier Savings Bank's ACH Routing Number?

What is Frontier Savings Bank's SWIFT code?


Does Frontier Savings Bank offer mortgages?

Compare mortgage rates here.

Does Frontier Savings Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Frontier Savings Bank offer personal loans?

Compare personal loan rates here.

Does Frontier Savings Bank offer student loans?

Will Frontier Savings Bank cash a check?

Will Frontier Savings Bank redeem a savings bond?

Does Frontier Savings Bank cash savings bonds?

Will Frontier Savings Bank cash money orders?

Can Frontier Savings Bank issue a money order?

Does Frontier Savings Bank do currency exchange?

Background on The Bank

Who owns Frontier Savings Bank?

How long has Frontier Savings Bank been around?

Can Frontier Savings Bank transfer to other banks?

Does Frontier Savings Bank have quick pay?

Does Frontier Savings Bank accept rolled coins?

Will Frontier Savings Bank accept loose change?

Where is Frontier Savings Bank headquarters?

Customer Reviews for Frontier Savings Bank

There are currently no comments for Frontier Savings Bank. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →