John Deere Financial, f.s.b.

Headquarters

8402 Excelsior
Madison, WI 53717
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

John Deere Financial, f.s.b. is an FDIC insured institution located in Madison, WI. It was founded in 2000 and has approximately $2.97 billion in assets.

FDIC Insured Yes
FDIC Certificate # 35237
Date Established 2000
Assets $ 2.97 billion
Loans $ 2.93 billion
Deposits $ 996.39 million
Capital $ 613.58 million
 

For a more detailed analysis of John Deere Financial, f.s.b.'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 John Deere Financial, f.s.b.

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

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NMLS ID: 3030
4.114% 3.990% 1.00 $3,750 $1,193 Learn More
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NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
AimLoan.com
NMLS ID: 2890
License#: 520-CL-25944
2.815% 2.750% 0.88 $2,120 $1,021 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2020

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Bethpage Federal Credit Union
Bethpage Federal Credit Union
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3.500 %
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Note to John Deere Financial, f.s.b.
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Branches

John Deere Financial, f.s.b. 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


John Deere Financial, f.s.b. Locations


Financial Details

John Deere Financial, f.s.b. Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of John Deere Financial, f.s.b.. 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
John Deere Financial, f.s.b. U.S. Bank Average
2.51% 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, John Deere Financial, f.s.b. had $16,399,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $613,580,000 in equity and $39,310,000 in loans loss reserves. That gives it a Texas Ratio of 2.51%.

Return on Equity
John Deere Financial, f.s.b. U.S. Bank Average
18.46% 7.80%

John Deere Financial, f.s.b. has a Return on Equity of 18.46% 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
John Deere Financial, f.s.b. U.S. Bank Average
20.65% 12.68%

John Deere Financial, f.s.b. has a Capitalization of 20.65% 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.

John Deere Financial, f.s.b. Balance Sheet Analysis

As of March 31, 2020, John Deere Financial, f.s.b. had assets of $2,971,871,000, loans of $2,927,961,000, and deposits of $996,394,000. 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 $ 1.52 million
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 2.93 billion
Loan loss allowance $ 39.31 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 $ 42.10 million
     Total Assets $ 2.36 billion
LIABILITIES
Total deposits $ 996.39 million
      Interest-bearing deposits $ 988.50 million
      Deposits held in domestic offices $ 996.39 million
      % insured (estimated) 0.03%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 1,334.87 million
Subordinated debt N.A.
All other liabilities $ 27.03 million
      Total Liabilities $ 2.36 billion
      Shareholders’ Equity $ 613.58 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 57.40 million
Total Interest Expense $ 14.00 million
Net interest income $ 43.40 million
Provision for loan and lease losses $ 3.30 million
Total non interest income $ 16.90 million
Total non interest expense $ 22.36 million
Pre-tax Net Operating Income $ 34.64 million

Bank Loan Profile?

The top three loan types in John Deere Financial, f.s.b.’s loan portfolio are Farm Loans, Credit Card Loans, and Commercial and Industrial Loans.

Compared to other banks in Wisconsin, John Deere Financial, f.s.b. has a significantly higher percent of Credit Card 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 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 15.10
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 4.86
Farm Loans 81.19

Frequently Asked Questions About John Deere Financial, F.s.b.

Branches and Savings

Is John Deere Financial, F.s.b. FDIC insured?

Yes. It is covered under FDIC Certificate #35237.

Why does John Deere Financial, F.s.b. pay such low interest on savings accounts?

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

Why are John Deere Financial, F.s.b. CD rates not competitive?

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

Is John Deere Financial, F.s.b. a commercial bank?

Yes

Where are John Deere Financial, F.s.b. locations?

See branch locations nearby.

Is John Deere Financial, F.s.b. open on Saturdays?

Is John Deere Financial, F.s.b. open on Sundays?

What time does John Deere Financial, F.s.b. open?

What time does John Deere Financial, F.s.b. close?

Are John Deere Financial, F.s.b. ATMs Open 24/7?

Do John Deere Financial, F.s.b. ATMs accept cash deposits?

Can John Deere Financial, F.s.b. customers use other ATMs?

Do John Deere Financial, F.s.b. branches have notaries?

Will John Deere Financial, F.s.b. notarize my document?

What address for John Deere Financial, F.s.b. should I put for incoming ACH transfers?

Will the John Deere Financial, F.s.b. branch print checks?

Do John Deere Financial, F.s.b. checks expire?

Does John Deere Financial, F.s.b. require US citizenship to open account?

Can John Deere Financial, F.s.b. close my account?

Does John Deere Financial, F.s.b. Report to credit bureaus?

Does John Deere Financial, F.s.b. Use Equifax?

What is John Deere Financial, F.s.b.'s ACH Routing Number?

What is John Deere Financial, F.s.b.'s SWIFT code?

Products

Does John Deere Financial, F.s.b. offer mortgages?

Compare mortgage rates here.

Does John Deere Financial, F.s.b. offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does John Deere Financial, F.s.b. offer personal loans?

Compare personal loan rates here.

Does John Deere Financial, F.s.b. offer student loans?

Will John Deere Financial, F.s.b. cash a check?

Will John Deere Financial, F.s.b. redeem a savings bond?

Does John Deere Financial, F.s.b. cash savings bonds?

Will John Deere Financial, F.s.b. cash money orders?

Can John Deere Financial, F.s.b. issue a money order?

Does John Deere Financial, F.s.b. do currency exchange?

Background on The Bank

Who owns John Deere Financial, F.s.b.?

How long has John Deere Financial, F.s.b. been around?

Can John Deere Financial, F.s.b. transfer to other banks?

Does John Deere Financial, F.s.b. have quick pay?

Does John Deere Financial, F.s.b. accept rolled coins?

Will John Deere Financial, F.s.b. accept loose change?

Where is John Deere Financial, F.s.b. headquarters?

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