Geddes Federal Savings and Loan Association

2208 West Genesee St
Syracuse, NY 13219

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 30397
Date Established 1948
Assets $0.53 billion
Loans $0.50 billion
Deposits $0.41 billion
Capital $0.09 billion

Geddes Federal Savings and Loan Association is an FDIC insured institution located in Syracuse, NY. It was founded in 1948 and has approximately $0.53 billion in assets.

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

Bank Loan Profile?

The top three loan types in Geddes Federal Savings and Loan Association’s loan portfolio are 1-4 Family Residential Loans, Construction and Development Loans, and Multifamily Mortgages.

Compared to other banks in New York, Geddes 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 98.92
Multifamily
Mortgages
0.33
Credit Card Loans 0.00
Consumer Auto Loans 0.01
Small Business Loans 0.05
Construction and Development Loans 0.50
Commercial Real Estate 0.05
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Deposit Rates - March 22, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.40% $1,000 $49,999 Learn MoreShow Less
Premium Money Market Account
0.40% $1,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
Special: 5 Mo CD
1.76% $500 - Learn MoreShow Less
6 Mo CD
0.40% $500 - Learn MoreShow Less
12 Mo CD
0.75% $500 - Learn MoreShow Less
Special: 13 Mo CD
2.75% $500 - Learn MoreShow Less
18 Mo CD
0.80% $500 - Learn MoreShow Less
24 Mo CD
0.85% $500 - Learn MoreShow Less
30 Mo CD
1.00% $500 - Learn MoreShow Less
36 Mo CD
1.20% $500 - Learn MoreShow Less
48 Mo CD
1.60% $500 - Learn MoreShow Less
Special: 50 Mo CD
3.00% $500 - Learn MoreShow Less
60 Mo CD
2.52% $500 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.00% $500 - Learn MoreShow Less
Special: 5 Mo FIRA
1.76% $500 - Learn MoreShow Less
Special: 13 Mo FIRA
2.75% $500 - Learn MoreShow Less
Special: 50 Mo FIRA
3.00% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.55% $25 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.15% $25 - Learn MoreShow Less

Loan Rates - March 22, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Geddes 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:

Featured - Virginia 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
4.560% 4.560% 0.00 $0 $1,276 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.125% 5.125% 0.00 $0 $1,362 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info

Note to Geddes Federal Savings and Loan Association
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Branches

Geddes 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


Geddes Federal Savings and Loan Association Locations


Financial Details

Geddes Federal Savings and Loan Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Geddes 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
Geddes Federal Savings and Loan Association U.S. Bank Average
2.2% 7.34%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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 September 30, 2018, Geddes Federal Savings and Loan Association had $1,132,000 in non-current loans and $804,000 in owned real estate. To cover these potential losses it had $87,530,000 in equity and $395,000 in loans loss reserves. That gives it a Texas Ratio of 2.2%.

Return on Equity
Geddes Federal Savings and Loan Association U.S. Bank Average
4% 9.95%

Geddes Federal Savings and Loan Association has a Return on Equity of 4% versus the BestCashCow average of 9.95%. 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
Geddes Federal Savings and Loan Association U.S. Bank Average
16.47% 12.19%

Geddes Federal Savings and Loan Association has a Capitalization of 16.47% versus the BestCashCow average of 12.19. 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.

Geddes Federal Savings and Loan Association Balance Sheet Analysis

As of September 30, 2018, Geddes Federal Savings and Loan Association had assets of $531,354,000, loans of $497,816,000, and deposits of $408,484,000. 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

September 30, 2018
ASSETS
Cash & Balances due from depository institutions $0.02 billion
Interest-bearing balances $0.01 billion
Total securities $0.01 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.50 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.44 billion
LIABILITIES
Total deposits $0.41 billion
      Interest-bearing deposits $0.40 billion
      Deposits held in domestic offices $0.41 billion
      % insured (estimated) 90.50%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.04 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.44 billion
      Shareholders’ Equity $0.09 billion

Summary Income Statement

September 30, 2018
INCOME AND EXPENSES
Total Interest Income $0.01 billion
Total Interest Expense $0.00 billion
Net interest income $0.01 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.01 billion
Pre-tax Net Operating Income $0.00 billion

Frequently Asked Questions About Geddes Federal Savings And Loan Association

Branches and Savings

Is Geddes Federal Savings And Loan Association FDIC insured?

Yes. It is covered under FDIC Certificate #30397.

Why does Geddes 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 Geddes Federal Savings And Loan Association CD rates not competitive?

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

Is Geddes Federal Savings And Loan Association a commercial bank?

Yes

Where are Geddes Federal Savings And Loan Association locations?

See branch locations nearby.

Is Geddes Federal Savings And Loan Association open on Saturdays?

Is Geddes Federal Savings And Loan Association open on Sundays?

What time does Geddes Federal Savings And Loan Association open?

What time does Geddes Federal Savings And Loan Association close?

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

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

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

Do Geddes Federal Savings And Loan Association branches have notaries?

Will Geddes Federal Savings And Loan Association notarize my document?

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

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

Do Geddes Federal Savings And Loan Association checks expire?

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

Can Geddes Federal Savings And Loan Association close my account?

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

Does Geddes Federal Savings And Loan Association Use Equifax?

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

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

Products

Does Geddes Federal Savings And Loan Association offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Geddes Federal Savings And Loan Association offer personal loans?

Compare personal loan rates here.

Does Geddes Federal Savings And Loan Association offer student loans?

Will Geddes Federal Savings And Loan Association cash a check?

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

Does Geddes Federal Savings And Loan Association cash savings bonds?

Will Geddes Federal Savings And Loan Association cash money orders?

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

Does Geddes Federal Savings And Loan Association do currency exchange?

Background on The Bank

Who owns Geddes Federal Savings And Loan Association?

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

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

Does Geddes Federal Savings And Loan Association have quick pay?

Does Geddes Federal Savings And Loan Association accept rolled coins?

Will Geddes Federal Savings And Loan Association accept loose change?

Where is Geddes Federal Savings And Loan Association headquarters?

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