Golden Bank, National Association

Headquarters

9315 Bellaire Boulevard
Houston, TX 77036
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.25% 1.40% →
1-Year CD 1.20% 1.15% →
2-Year CD 0.80% 1.26% →
5-Year CD N.A. 2.25% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

Golden Bank, National Association is an FDIC insured institution located in Houston, TX. It was founded in 1985 and has approximately $1.07 billion in assets. Customers can open an account at one of its 7 branches.

FDIC Insured Yes
FDIC Certificate # 26223
Date Established 1985
Assets $ 1,071.63 million
Loans $ 774.21 million
Deposits $ 875.13 million
Capital $ 138.63 million
 

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

Deposit Rates - July 14, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.25% $2,500 $4,999 Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.15% $10,000 $14,999 Learn More
Money Market
0.15% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.20% $10,000 $14,999 Learn More
3 Mo CD
0.20% $100,000 $199,999 Learn More
6 Mo CD
0.30% $10,000 $14,999 Learn More
6 Mo CD
0.35% $100,000 $199,999 Learn More
Special: 12 Mo CD
1.15% $1,500 $94,999 Learn More
12 Mo CD
0.45% $10,000 $14,999 Learn More
Special: 12 Mo CD
1.20% $95,000 - Learn More
12 Mo CD
0.50% $100,000 $199,999 Learn More
18 Mo CD
0.60% $10,000 $14,999 Learn More
18 Mo CD
0.65% $100,000 $199,999 Learn More
24 Mo CD
0.70% $10,000 $14,999 Learn More
24 Mo CD
0.80% $100,000 $199,999 Learn More
36 Mo CD
0.80% $10,000 $14,999 Learn More
36 Mo CD
0.90% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.10% $2,500 $3,499 Learn MoreShow Less

Loan Rates - July 14, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Golden Bank, National Association

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

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.951% 2.875% 1.00 $2,445 $1,038 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info

Note to Golden Bank, National Association
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Golden Bank, National 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:
Fairfield,Connecticut


Golden Bank, National Association Locations


Financial Details

Golden Bank, National Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Golden Bank, National 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
Golden Bank, National Association U.S. Bank Average
0.77% 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, Golden Bank, National Association had $1,142,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $138,632,000 in equity and $9,578,000 in loans loss reserves. That gives it a Texas Ratio of 0.77%.

Return on Equity
Golden Bank, National Association U.S. Bank Average
7.57% 7.80%

Golden Bank, National Association has a Return on Equity of 7.57% 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
Golden Bank, National Association U.S. Bank Average
12.94% 12.68%

Golden Bank, National Association has a Capitalization of 12.94% 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.

Golden Bank, National Association Balance Sheet Analysis

As of March 31, 2020, Golden Bank, National Association had assets of $1,071,625,000, loans of $774,211,000, and deposits of $875,129,000. 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 $ 139.08 million
Interest-bearing balances $ 127.14 million
Total securities $ 127.93 million
Federal funds sold and reverse repurchase $ 1.70 million
Net loans and leases $ 774.21 million
Loan loss allowance $ 9.58 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.03 million
All other assets $ 17.85 million
     Total Assets $ 932.99 million
LIABILITIES
Total deposits $ 875.13 million
      Interest-bearing deposits $ 749.80 million
      Deposits held in domestic offices $ 875.13 million
      % insured (estimated) 74.93%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 45.94 million
Subordinated debt N.A.
All other liabilities $ 11.93 million
      Total Liabilities $ 932.99 million
      Shareholders’ Equity $ 138.63 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 11.68 million
Total Interest Expense $ 3.54 million
Net interest income $ 8.14 million
Provision for loan and lease losses $ 0.60 million
Total non interest income $ 0.30 million
Total non interest expense $ 4.74 million
Pre-tax Net Operating Income $ 3.10 million

Bank Loan Profile?

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

Compared to other banks in Texas, Golden Bank, National Association has a significantly higher percent of Small Business Loans, Commercial Real Estate 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 14.17
Multifamily
Mortgages
1.33
Credit Card Loans 0.00
Consumer Auto Loans 0.01
Small Business Loans 13.20
Construction and Development Loans 11.44
Commercial Real Estate 71.26
Commercial and Industrial Loans 2.99
Farm Loans 0.00

Frequently Asked Questions About Golden Bank, National Association

Branches and Savings

Is Golden Bank, National Association FDIC insured?

Yes. It is covered under FDIC Certificate #26223.

Why does Golden Bank, National Association pay such low interest on savings accounts?

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

Why are Golden Bank, National Association CD rates not competitive?

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

Is Golden Bank, National Association a commercial bank?

Yes

Where are Golden Bank, National Association locations?

See branch locations nearby.

Is Golden Bank, National Association open on Saturdays?

Is Golden Bank, National Association open on Sundays?

What time does Golden Bank, National Association open?

What time does Golden Bank, National Association close?

Are Golden Bank, National Association ATMs Open 24/7?

Do Golden Bank, National Association ATMs accept cash deposits?

Can Golden Bank, National Association customers use other ATMs?

Do Golden Bank, National Association branches have notaries?

Will Golden Bank, National Association notarize my document?

What address for Golden Bank, National Association should I put for incoming ACH transfers?

Will the Golden Bank, National Association branch print checks?

Do Golden Bank, National Association checks expire?

Does Golden Bank, National Association require US citizenship to open account?

Can Golden Bank, National Association close my account?

Does Golden Bank, National Association Report to credit bureaus?

Does Golden Bank, National Association Use Equifax?

What is Golden Bank, National Association's ACH Routing Number?

What is Golden Bank, National Association's SWIFT code?

Products

Does Golden Bank, National Association offer mortgages?

Compare mortgage rates here.

Does Golden Bank, National Association offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Golden Bank, National Association offer personal loans?

Compare personal loan rates here.

Does Golden Bank, National Association offer student loans?

Will Golden Bank, National Association cash a check?

Will Golden Bank, National Association redeem a savings bond?

Does Golden Bank, National Association cash savings bonds?

Will Golden Bank, National Association cash money orders?

Can Golden Bank, National Association issue a money order?

Does Golden Bank, National Association do currency exchange?

Background on The Bank

Who owns Golden Bank, National Association?

How long has Golden Bank, National Association been around?

Can Golden Bank, National Association transfer to other banks?

Does Golden Bank, National Association have quick pay?

Does Golden Bank, National Association accept rolled coins?

Will Golden Bank, National Association accept loose change?

Where is Golden Bank, National Association headquarters?

Customer Reviews for Golden Bank, National Association

There are currently no comments for Golden Bank, National Association. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →