Hatboro Federal Savings, FA

Headquarters

221 South York Road
Hatboro, PA 19040
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.15% 1.05% →
1-Year CD 1.00% 0.95% →
2-Year CD 1.00% 1.05% →
5-Year CD 1.25% 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

Hatboro Federal Savings, FA is an FDIC insured institution located in Hatboro, PA. It was founded in 1941 and has approximately $0.53 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 30155
Date Established 1941
Assets $ 525.92 million
Loans $ 370.06 million
Deposits $ 396.22 million
Capital $ 122.70 million
 

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

Deposit Rates - September 23, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.15% $2,500 $4,999 Learn More
Money Market
0.15% $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
0.25% $10,000 $14,999 Learn More
3 Mo CD
0.25% $100,000 $199,999 Learn More
6 Mo CD
0.75% $10,000 $14,999 Learn More
6 Mo CD
0.75% $100,000 $199,999 Learn More
12 Mo CD
1.00% $10,000 $14,999 Learn More
12 Mo CD
1.00% $100,000 $199,999 Learn More
18 Mo CD
1.00% $10,000 $14,999 Learn More
18 Mo CD
1.00% $100,000 $199,999 Learn More
24 Mo CD
1.00% $10,000 $14,999 Learn More
24 Mo CD
1.00% $100,000 $199,999 Learn More
30 Mo CD
1.00% $10,000 $14,999 Learn More
30 Mo CD
1.00% $100,000 $199,999 Learn More
36 Mo CD
1.25% $10,000 $14,999 Learn More
36 Mo CD
1.25% $100,000 $199,999 Learn More
48 Mo CD
1.25% $10,000 $14,999 Learn More
48 Mo CD
1.25% $100,000 $199,999 Learn More
60 Mo CD
1.25% $10,000 $14,999 Learn More
60 Mo CD
1.25% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.15% $2,500 $3,499 Learn MoreShow Less

Loan Rates - September 23, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Hatboro Federal Savings, FA

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 $2,128 $1,021 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
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Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
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Note to Hatboro Federal Savings, FA
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Hatboro Federal Savings, FA 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


Hatboro Federal Savings, FA Locations


Financial Details

Hatboro Federal Savings, FA Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Hatboro Federal Savings, FA. 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
Hatboro Federal Savings, FA U.S. Bank Average
5.08% 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, Hatboro Federal Savings, FA had $6,341,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $122,700,000 in equity and $2,123,000 in loans loss reserves. That gives it a Texas Ratio of 5.08%.

Return on Equity
Hatboro Federal Savings, FA U.S. Bank Average
3.12% 7.80%

Hatboro Federal Savings, FA has a Return on Equity of 3.12% 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
Hatboro Federal Savings, FA U.S. Bank Average
23.33% 12.68%

Hatboro Federal Savings, FA has a Capitalization of 23.33% 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.

Hatboro Federal Savings, FA Balance Sheet Analysis

As of March 31, 2020, Hatboro Federal Savings, FA had assets of $525,920,000, loans of $370,063,000, and deposits of $396,218,000. 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 $ 35.13 million
Interest-bearing balances $ 34.04 million
Total securities $ 81.39 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 370.06 million
Loan loss allowance $ 2.12 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 $ 32.76 million
     Total Assets $ 403.22 million
LIABILITIES
Total deposits $ 396.22 million
      Interest-bearing deposits $ 380.62 million
      Deposits held in domestic offices $ 396.22 million
      % insured (estimated) 94.79%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 7.00 million
      Total Liabilities $ 403.22 million
      Shareholders’ Equity $ 122.70 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 4.56 million
Total Interest Expense $ 1.42 million
Net interest income $ 3.13 million
Provision for loan and lease losses $ 0.24 million
Total non interest income $ 0.32 million
Total non interest expense $ 2.07 million
Pre-tax Net Operating Income $ 1.15 million

Bank Loan Profile?

The top three loan types in Hatboro Federal Savings, FA’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Multifamily Mortgages.

Compared to other banks in Pennsylvania, Hatboro Federal Savings, FA 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 100.00
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 0.14
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About Hatboro Federal Savings, Fa

Branches and Savings

Is Hatboro Federal Savings, Fa FDIC insured?

Yes. It is covered under FDIC Certificate #30155.

Why does Hatboro Federal Savings, Fa pay such low interest on savings accounts?

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

Why are Hatboro Federal Savings, Fa CD rates not competitive?

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

Is Hatboro Federal Savings, Fa a commercial bank?

Yes

Where are Hatboro Federal Savings, Fa locations?

See branch locations nearby.

Is Hatboro Federal Savings, Fa open on Saturdays?

Is Hatboro Federal Savings, Fa open on Sundays?

What time does Hatboro Federal Savings, Fa open?

What time does Hatboro Federal Savings, Fa close?

Are Hatboro Federal Savings, Fa ATMs Open 24/7?

Do Hatboro Federal Savings, Fa ATMs accept cash deposits?

Can Hatboro Federal Savings, Fa customers use other ATMs?

Do Hatboro Federal Savings, Fa branches have notaries?

Will Hatboro Federal Savings, Fa notarize my document?

What address for Hatboro Federal Savings, Fa should I put for incoming ACH transfers?

Will the Hatboro Federal Savings, Fa branch print checks?

Do Hatboro Federal Savings, Fa checks expire?

Does Hatboro Federal Savings, Fa require US citizenship to open account?

Can Hatboro Federal Savings, Fa close my account?

Does Hatboro Federal Savings, Fa Report to credit bureaus?

Does Hatboro Federal Savings, Fa Use Equifax?

What is Hatboro Federal Savings, Fa's ACH Routing Number?

What is Hatboro Federal Savings, Fa's SWIFT code?

Products

Does Hatboro Federal Savings, Fa offer mortgages?

Compare mortgage rates here.

Does Hatboro Federal Savings, Fa offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Hatboro Federal Savings, Fa offer personal loans?

Compare personal loan rates here.

Does Hatboro Federal Savings, Fa offer student loans?

Will Hatboro Federal Savings, Fa cash a check?

Will Hatboro Federal Savings, Fa redeem a savings bond?

Does Hatboro Federal Savings, Fa cash savings bonds?

Will Hatboro Federal Savings, Fa cash money orders?

Can Hatboro Federal Savings, Fa issue a money order?

Does Hatboro Federal Savings, Fa do currency exchange?

Background on The Bank

Who owns Hatboro Federal Savings, Fa?

How long has Hatboro Federal Savings, Fa been around?

Can Hatboro Federal Savings, Fa transfer to other banks?

Does Hatboro Federal Savings, Fa have quick pay?

Does Hatboro Federal Savings, Fa accept rolled coins?

Will Hatboro Federal Savings, Fa accept loose change?

Where is Hatboro Federal Savings, Fa headquarters?

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