Guardian Savings Bank

Headquarters

3800 Nameoki Road
Granite City, IL 62040
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

Guardian Savings Bank is an FDIC insured institution located in Granite City, IL. It was founded in 1919 and has approximately $0.04 billion in assets.

FDIC Insured Yes
FDIC Certificate # 29986
Date Established 1919
Assets $ 35.25 million
Loans $ 12.43 million
Deposits $ 27.02 million
Capital $ 7.25 million
 

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

Deposit Rates - September 18, 2020

Your Current Location: Washington, WA 98109


Loan Rates - September 18, 2020

Your Current Location: Washington, WA 98109

There are currently no loan rates available for Guardian Savings Bank

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




Featured - Washington 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
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AimLoan.com
NMLS ID: 2890
License#: 520-CL-25944
2.815% 2.750% 0.88 $2,120 $1,021 Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
3.500 %
$25,000 Learn More
More Info

Note to Guardian Savings Bank
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Branches

Guardian 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:
Seattle,Washington


Guardian Savings Bank Locations


Financial Details

Guardian Savings Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Guardian 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
Guardian Savings Bank U.S. Bank Average
1.07% 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, Guardian Savings Bank had $78,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $7,248,000 in equity and $53,000 in loans loss reserves. That gives it a Texas Ratio of 1.07%.

Return on Equity
Guardian Savings Bank U.S. Bank Average
-2.97% 7.80%

Guardian Savings Bank has a Return on Equity of -2.97% 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
Guardian Savings Bank U.S. Bank Average
20.56% 12.68%

Guardian Savings Bank has a Capitalization of 20.56% 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.

Guardian Savings Bank Balance Sheet Analysis

As of March 31, 2020, Guardian Savings Bank had assets of $35,250,000, loans of $12,427,000, and deposits of $27,024,000. 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 $ 5.94 million
Interest-bearing balances $ 5.58 million
Total securities $ 15.70 million
Federal funds sold and reverse repurchase $ 0.33 million
Net loans and leases $ 12.43 million
Loan loss allowance $ 0.05 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 $ 0.26 million
     Total Assets $ 28.00 million
LIABILITIES
Total deposits $ 27.02 million
      Interest-bearing deposits $ 24.43 million
      Deposits held in domestic offices $ 27.02 million
      % insured (estimated) 98.18%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 0.85 million
Subordinated debt N.A.
All other liabilities $ 0.13 million
      Total Liabilities $ 28.00 million
      Shareholders’ Equity $ 7.25 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 0.28 million
Total Interest Expense $ 0.07 million
Net interest income $ 0.21 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.02 million
Total non interest expense $ 0.28 million
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

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

Compared to other banks in Illinois, Guardian Savings 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 71.32
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.59
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 4.09
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About Guardian Savings Bank

Branches and Savings

Is Guardian Savings Bank FDIC insured?

Yes. It is covered under FDIC Certificate #29986.

Why does Guardian 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 Guardian Savings Bank CD rates not competitive?

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

Is Guardian Savings Bank a commercial bank?

Yes

Where are Guardian Savings Bank locations?

See branch locations nearby.

Is Guardian Savings Bank open on Saturdays?

Is Guardian Savings Bank open on Sundays?

What time does Guardian Savings Bank open?

What time does Guardian Savings Bank close?

Are Guardian Savings Bank ATMs Open 24/7?

Do Guardian Savings Bank ATMs accept cash deposits?

Can Guardian Savings Bank customers use other ATMs?

Do Guardian Savings Bank branches have notaries?

Will Guardian Savings Bank notarize my document?

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

Will the Guardian Savings Bank branch print checks?

Do Guardian Savings Bank checks expire?

Does Guardian Savings Bank require US citizenship to open account?

Can Guardian Savings Bank close my account?

Does Guardian Savings Bank Report to credit bureaus?

Does Guardian Savings Bank Use Equifax?

What is Guardian Savings Bank's ACH Routing Number?

What is Guardian Savings Bank's SWIFT code?

Products

Does Guardian Savings Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Guardian Savings Bank offer personal loans?

Compare personal loan rates here.

Does Guardian Savings Bank offer student loans?

Will Guardian Savings Bank cash a check?

Will Guardian Savings Bank redeem a savings bond?

Does Guardian Savings Bank cash savings bonds?

Will Guardian Savings Bank cash money orders?

Can Guardian Savings Bank issue a money order?

Does Guardian Savings Bank do currency exchange?

Background on The Bank

Who owns Guardian Savings Bank?

How long has Guardian Savings Bank been around?

Can Guardian Savings Bank transfer to other banks?

Does Guardian Savings Bank have quick pay?

Does Guardian Savings Bank accept rolled coins?

Will Guardian Savings Bank accept loose change?

Where is Guardian Savings Bank headquarters?

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