Hull Federal Savings Bank

Headquarters

1248 Hull Street
Baltimore, MD 21230
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

Hull Federal Savings Bank is an FDIC insured institution located in Baltimore, MD. It was founded in 1911 and has approximately $0.02 billion in assets.

FDIC Insured Yes
FDIC Certificate # 32660
Date Established 1911
Assets $ 24.65 million
Loans $ 18.41 million
Deposits $ 22.22 million
Capital $ 2.42 million
 

For a more detailed analysis of Hull Federal Savings 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 Hull Federal 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
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,122 $1,021 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
See Table
2.990 %
$0 Learn More
More Info

Note to Hull Federal Savings Bank
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Branches

Hull Federal 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


Hull Federal Savings Bank Locations


Financial Details

Hull Federal Savings Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Hull Federal 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
Hull Federal Savings Bank U.S. Bank Average
51.79% 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, Hull Federal Savings Bank had $1,288,000 in non-current loans and $204,000 in owned real estate. To cover these potential losses it had $2,422,000 in equity and $459,000 in loans loss reserves. That gives it a Texas Ratio of 51.79%.

Return on Equity
Hull Federal Savings Bank U.S. Bank Average
26.02% 7.80%

Hull Federal Savings Bank has a Return on Equity of 26.02% 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
Hull Federal Savings Bank U.S. Bank Average
9.82% 12.68%

Hull Federal Savings Bank has a Capitalization of 9.82% 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.

Hull Federal Savings Bank Balance Sheet Analysis

As of September 30, 2012, Hull Federal Savings Bank had assets of $24,653,000, loans of $18,408,000, and deposits of $22,223,000. 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 $ 18.41 million
Loan loss allowance $ 0.46 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.20 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 22.22 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 $ 24.65 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 Hull Federal Savings Bank’s loan portfolio are 1-4 Family Residential Loans, Small Business Loans, and Commercial Real Estate.

Compared to other banks in Maryland, Hull Federal 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 94.01
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 5.87
Construction and Development Loans 2.55
Commercial Real Estate 5.87
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About Hull Federal Savings Bank

Branches and Savings

Is Hull Federal Savings Bank FDIC insured?

Yes. It is covered under FDIC Certificate #32660.

Why does Hull Federal 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 Hull Federal Savings Bank CD rates not competitive?

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

Is Hull Federal Savings Bank a commercial bank?

Yes

Where are Hull Federal Savings Bank locations?

See branch locations nearby.

Is Hull Federal Savings Bank open on Saturdays?

Is Hull Federal Savings Bank open on Sundays?

What time does Hull Federal Savings Bank open?

What time does Hull Federal Savings Bank close?

Are Hull Federal Savings Bank ATMs Open 24/7?

Do Hull Federal Savings Bank ATMs accept cash deposits?

Can Hull Federal Savings Bank customers use other ATMs?

Do Hull Federal Savings Bank branches have notaries?

Will Hull Federal Savings Bank notarize my document?

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

Will the Hull Federal Savings Bank branch print checks?

Do Hull Federal Savings Bank checks expire?

Does Hull Federal Savings Bank require US citizenship to open account?

Can Hull Federal Savings Bank close my account?

Does Hull Federal Savings Bank Report to credit bureaus?

Does Hull Federal Savings Bank Use Equifax?

What is Hull Federal Savings Bank's ACH Routing Number?

What is Hull Federal Savings Bank's SWIFT code?

Products

Does Hull Federal Savings Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Hull Federal Savings Bank offer personal loans?

Compare personal loan rates here.

Does Hull Federal Savings Bank offer student loans?

Will Hull Federal Savings Bank cash a check?

Will Hull Federal Savings Bank redeem a savings bond?

Does Hull Federal Savings Bank cash savings bonds?

Will Hull Federal Savings Bank cash money orders?

Can Hull Federal Savings Bank issue a money order?

Does Hull Federal Savings Bank do currency exchange?

Background on The Bank

Who owns Hull Federal Savings Bank?

How long has Hull Federal Savings Bank been around?

Can Hull Federal Savings Bank transfer to other banks?

Does Hull Federal Savings Bank have quick pay?

Does Hull Federal Savings Bank accept rolled coins?

Will Hull Federal Savings Bank accept loose change?

Where is Hull Federal Savings Bank headquarters?

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