Gunnison Valley Bank

Headquarters

10 South Main Street
Gunnison, UT 84634
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

Gunnison Valley Bank is an FDIC insured institution located in Gunnison, UT. It was founded in 1909 and has approximately $0.07 billion in assets.

FDIC Insured Yes
FDIC Certificate # 1250
Date Established 1909
Assets $ 70.60 million
Loans $ 49.21 million
Deposits $ 61.88 million
Capital $ 3.33 million
 

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

Deposit Rates - September 21, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 21, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Gunnison Valley 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
Learn More
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.
See Table
4.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info

Note to Gunnison Valley Bank
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Branches

Gunnison Valley 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


Gunnison Valley Bank Locations


Financial Details

Gunnison Valley Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Gunnison Valley 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
Gunnison Valley Bank U.S. Bank Average
146.29% 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, Gunnison Valley Bank had $9,066,000 in non-current loans and $813,000 in owned real estate. To cover these potential losses it had $3,330,000 in equity and $3,423,000 in loans loss reserves. That gives it a Texas Ratio of 146.29%.

Return on Equity
Gunnison Valley Bank U.S. Bank Average
-168.13% 7.80%

Gunnison Valley Bank has a Return on Equity of -168.13% 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
Gunnison Valley Bank U.S. Bank Average
4.72% 12.68%

Gunnison Valley Bank has a Capitalization of 4.72% 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.

Gunnison Valley Bank Balance Sheet Analysis

As of December 31, 2018, Gunnison Valley Bank had assets of $68,058,000, loans of $49,213,000, and deposits of $61,884,000. 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 $ 8.85 million
Interest-bearing balances $ 7.35 million
Total securities $ 4.81 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 49.21 million
Loan loss allowance $ 3.42 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.81 million
Goodwill and other intangibles N.A.
All other assets $ 4.30 million
     Total Assets $ 64.73 million
LIABILITIES
Total deposits $ 61.88 million
      Interest-bearing deposits $ 44.39 million
      Deposits held in domestic offices $ 61.88 million
      % insured (estimated) 86.39%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 2.25 million
Subordinated debt N.A.
All other liabilities $ 0.59 million
      Total Liabilities $ 64.73 million
      Shareholders’ Equity $ 5.87 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 4.10 million
Total Interest Expense $ 0.46 million
Net interest income $ 3.64 million
Provision for loan and lease losses $ 6.45 million
Total non interest income $ 0.22 million
Total non interest expense $ 2.81 million
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Gunnison Valley Bank’s loan portfolio are Consumer Auto Loans, Commercial and Industrial Loans, and Farm Loans.

Compared to other banks in Utah, Gunnison Valley Bank has a significantly higher percent of Consumer Auto Loans, Farm 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 5.95
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 33.32
Small Business Loans 1.69
Construction and Development Loans 0.39
Commercial Real Estate 1.69
Commercial and Industrial Loans 30.64
Farm Loans 25.92

Frequently Asked Questions About Gunnison Valley Bank

Branches and Savings

Is Gunnison Valley Bank FDIC insured?

Yes. It is covered under FDIC Certificate #1250.

Why does Gunnison Valley Bank pay such low interest on savings accounts?

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

Why are Gunnison Valley Bank CD rates not competitive?

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

Is Gunnison Valley Bank a commercial bank?

Yes

Where are Gunnison Valley Bank locations?

See branch locations nearby.

Is Gunnison Valley Bank open on Saturdays?

Is Gunnison Valley Bank open on Sundays?

What time does Gunnison Valley Bank open?

What time does Gunnison Valley Bank close?

Are Gunnison Valley Bank ATMs Open 24/7?

Do Gunnison Valley Bank ATMs accept cash deposits?

Can Gunnison Valley Bank customers use other ATMs?

Do Gunnison Valley Bank branches have notaries?

Will Gunnison Valley Bank notarize my document?

What address for Gunnison Valley Bank should I put for incoming ACH transfers?

Will the Gunnison Valley Bank branch print checks?

Do Gunnison Valley Bank checks expire?

Does Gunnison Valley Bank require US citizenship to open account?

Can Gunnison Valley Bank close my account?

Does Gunnison Valley Bank Report to credit bureaus?

Does Gunnison Valley Bank Use Equifax?

What is Gunnison Valley Bank's ACH Routing Number?

What is Gunnison Valley Bank's SWIFT code?

Products

Does Gunnison Valley Bank offer mortgages?

Compare mortgage rates here.

Does Gunnison Valley Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Gunnison Valley Bank offer personal loans?

Compare personal loan rates here.

Does Gunnison Valley Bank offer student loans?

Will Gunnison Valley Bank cash a check?

Will Gunnison Valley Bank redeem a savings bond?

Does Gunnison Valley Bank cash savings bonds?

Will Gunnison Valley Bank cash money orders?

Can Gunnison Valley Bank issue a money order?

Does Gunnison Valley Bank do currency exchange?

Background on The Bank

Who owns Gunnison Valley Bank?

How long has Gunnison Valley Bank been around?

Can Gunnison Valley Bank transfer to other banks?

Does Gunnison Valley Bank have quick pay?

Does Gunnison Valley Bank accept rolled coins?

Will Gunnison Valley Bank accept loose change?

Where is Gunnison Valley Bank headquarters?

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