Guaranty Savings Bank

Headquarters

3798 Veterans Boulevard
Metairie, LA 70002
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
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

Guaranty Savings Bank is an FDIC insured institution located in Metairie, LA. It was founded in 1937 and has approximately $0.26 billion in assets.

FDIC Insured Yes
FDIC Certificate # 29866
Date Established 1937
Assets $ 255.33 million
Loans $ 186.01 million
Deposits $ 192.61 million
Capital $ 27.77 million
 

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

Deposit Rates - September 19, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 19, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Guaranty Savings Bank

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
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AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,118 $1,021 Learn More
Rocket Mortgage
NMLS ID: 3030
3.872% 3.750% 1.00 $3,750 $1,158 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
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4.000 %
$0 Learn More
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Third Federal Savings and Loans
Third Federal Savings and Loans
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2.990 %
$0 Learn More
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Note to Guaranty Savings Bank
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Branches

Guaranty 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:
Fairfield,Connecticut


Guaranty Savings Bank Locations


Financial Details

Guaranty Savings Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Guaranty Savings 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
Guaranty Savings Bank U.S. Bank Average
40.52% 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, Guaranty Savings Bank had $9,406,000 in non-current loans and $2,586,000 in owned real estate. To cover these potential losses it had $27,768,000 in equity and $1,828,000 in loans loss reserves. That gives it a Texas Ratio of 40.52%.

Return on Equity
Guaranty Savings Bank U.S. Bank Average
4.96% 7.80%

Guaranty Savings Bank has a Return on Equity of 4.96% 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
Guaranty Savings Bank U.S. Bank Average
10.88% 12.68%

Guaranty Savings Bank has a Capitalization of 10.88% 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.

Guaranty Savings Bank Balance Sheet Analysis

As of June 30, 2011, Guaranty Savings Bank had assets of $255,333,000, loans of $186,007,000, and deposits of $192,605,000. 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 $ 186.01 million
Loan loss allowance $ 1.83 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 2.59 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 192.61 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 $ 255.33 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 Guaranty Savings Bank’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Guaranty Savings Bank’s loan portfolio does not show any specific loan specialty.

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 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About Guaranty Savings Bank

Branches and Savings

Is Guaranty Savings Bank FDIC insured?

Yes. It is covered under FDIC Certificate #29866.

Why does Guaranty 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 Guaranty Savings Bank CD rates not competitive?

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

Is Guaranty Savings Bank a commercial bank?

Yes

Where are Guaranty Savings Bank locations?

See branch locations nearby.

Is Guaranty Savings Bank open on Saturdays?

Is Guaranty Savings Bank open on Sundays?

What time does Guaranty Savings Bank open?

What time does Guaranty Savings Bank close?

Are Guaranty Savings Bank ATMs Open 24/7?

Do Guaranty Savings Bank ATMs accept cash deposits?

Can Guaranty Savings Bank customers use other ATMs?

Do Guaranty Savings Bank branches have notaries?

Will Guaranty Savings Bank notarize my document?

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

Will the Guaranty Savings Bank branch print checks?

Do Guaranty Savings Bank checks expire?

Does Guaranty Savings Bank require US citizenship to open account?

Can Guaranty Savings Bank close my account?

Does Guaranty Savings Bank Report to credit bureaus?

Does Guaranty Savings Bank Use Equifax?

What is Guaranty Savings Bank's ACH Routing Number?

What is Guaranty Savings Bank's SWIFT code?

Products

Does Guaranty Savings Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Guaranty Savings Bank offer personal loans?

Compare personal loan rates here.

Does Guaranty Savings Bank offer student loans?

Will Guaranty Savings Bank cash a check?

Will Guaranty Savings Bank redeem a savings bond?

Does Guaranty Savings Bank cash savings bonds?

Will Guaranty Savings Bank cash money orders?

Can Guaranty Savings Bank issue a money order?

Does Guaranty Savings Bank do currency exchange?

Background on The Bank

Who owns Guaranty Savings Bank?

How long has Guaranty Savings Bank been around?

Can Guaranty Savings Bank transfer to other banks?

Does Guaranty Savings Bank have quick pay?

Does Guaranty Savings Bank accept rolled coins?

Will Guaranty Savings Bank accept loose change?

Where is Guaranty Savings Bank headquarters?

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