Ledyard National Bank

320 Main Street
Norwich, VT 05055

Notable Rates APY Vs.Others
Savings 0.15% 2.20% →
1-Year CD 0.50% 2.20% →
2-Year CD 1.06% 2.20% →
5-Year CD 1.06% 2.60% →
30-Year Mortgage 5.11% 3.31% →
15-Year Mortgage 4.69% 2.77% →
HELOC N.A. 4.00% →

2020 Overview

General Bank Information

Ledyard National Bank is an FDIC insured institution located in Norwich, VT. It was founded in 1991 and has approximately $0.5 billion in assets. Customers can open an account at one of its 10 branches.

FDIC Insured Yes
FDIC Certificate # 33418
Date Established 1991
Assets $0.50 billion
Loans $0.31 billion
Deposits $0.39 billion
Capital $0.05 billion
 

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

Deposit Rates - February 17, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Money Market
0.15% $1,500 $74,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.30% $1,000 - Learn MoreShow Less
6 Mo CD
0.35% $1,000 - Learn MoreShow Less
12 Mo CD
0.50% $500 - Learn MoreShow Less
18 Mo CD
0.65% $500 - Learn MoreShow Less
24 Mo CD
1.06% $500 - Learn MoreShow Less
30 Mo CD
1.06% $500 - Learn MoreShow Less
36 Mo CD
1.06% $500 - Learn MoreShow Less
48 Mo CD
1.06% $500 - Learn MoreShow Less
60 Mo CD
1.06% $500 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.50% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.50% $10 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.01% $750 - Learn MoreShow Less

Loan Rates - February 17, 2020

Your Current Location: Connecticut, CT 06828

Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment
Home Equity Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

Ledyard National 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


Ledyard National Bank Locations


Financial Details

Ledyard National Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Ledyard National 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
Ledyard National Bank U.S. Bank Average
2.88% 6.70%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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 September 30, 2019, Ledyard National Bank had $1,584,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $49,856,000 in equity and $5,214,000 in loans loss reserves. That gives it a Texas Ratio of 2.88%.

Return on Equity
Ledyard National Bank U.S. Bank Average
12.84% 9.72%

Ledyard National Bank has a Return on Equity of 12.84% versus the BestCashCow average of 9.72%. 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
Ledyard National Bank U.S. Bank Average
9.88% 12.89%

Ledyard National Bank has a Capitalization of 9.88% versus the BestCashCow average of 12.89. 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.

Ledyard National Bank Balance Sheet Analysis

As of September 30, 2019, Ledyard National Bank had assets of $504,421,000, loans of $309,322,000, and deposits of $388,779,000. 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

September 30, 2019
ASSETS
Cash & Balances due from depository institutions $0.02 billion
Interest-bearing balances $0.01 billion
Total securities $0.14 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.31 billion
Loan loss allowance $0.01 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.02 billion
     Total Assets $0.45 billion
LIABILITIES
Total deposits $0.39 billion
      Interest-bearing deposits $0.27 billion
      Deposits held in domestic offices $0.39 billion
      % insured (estimated) 82.10%
Federal funds purchased and repurchase agreements $0.01 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.05 billion
Subordinated debt $0.00 billion
All other liabilities $0.01 billion
      Total Liabilities $0.45 billion
      Shareholders’ Equity $0.05 billion

Summary Income Statement

September 30, 2019
INCOME AND EXPENSES
Total Interest Income $0.01 billion
Total Interest Expense $0.00 billion
Net interest income $0.01 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.01 billion
Total non interest expense $0.02 billion
Pre-tax Net Operating Income $0.01 billion

Bank Loan Profile?

The top three loan types in Ledyard National Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks in Vermont, Ledyard National Bank has a significantly higher percent of Small Business Loans, Commercial Real Estate, Commercial and Industrial 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 43.03
Multifamily
Mortgages
4.39
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 13.75
Construction and Development Loans 0.77
Commercial Real Estate 36.52
Commercial and Industrial Loans 12.73
Farm Loans 0.00

Frequently Asked Questions About Ledyard National Bank

Branches and Savings

Is Ledyard National Bank FDIC insured?

Yes. It is covered under FDIC Certificate #33418.

Why does Ledyard National Bank pay such low interest on savings accounts?

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

Why are Ledyard National Bank CD rates not competitive?

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

Is Ledyard National Bank a commercial bank?

Yes

Where are Ledyard National Bank locations?

See branch locations nearby.

Is Ledyard National Bank open on Saturdays?

Is Ledyard National Bank open on Sundays?

What time does Ledyard National Bank open?

What time does Ledyard National Bank close?

Are Ledyard National Bank ATMs Open 24/7?

Do Ledyard National Bank ATMs accept cash deposits?

Can Ledyard National Bank customers use other ATMs?

Do Ledyard National Bank branches have notaries?

Will Ledyard National Bank notarize my document?

What address for Ledyard National Bank should I put for incoming ACH transfers?

Will the Ledyard National Bank branch print checks?

Do Ledyard National Bank checks expire?

Does Ledyard National Bank require US citizenship to open account?

Can Ledyard National Bank close my account?

Does Ledyard National Bank Report to credit bureaus?

Does Ledyard National Bank Use Equifax?

What is Ledyard National Bank's ACH Routing Number?

What is Ledyard National Bank's SWIFT code?

Products

Does Ledyard National Bank offer mortgages?

Compare mortgage rates here.

Does Ledyard National Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Ledyard National Bank offer personal loans?

Compare personal loan rates here.

Does Ledyard National Bank offer student loans?

Will Ledyard National Bank cash a check?

Will Ledyard National Bank redeem a savings bond?

Does Ledyard National Bank cash savings bonds?

Will Ledyard National Bank cash money orders?

Can Ledyard National Bank issue a money order?

Does Ledyard National Bank do currency exchange?

Background on The Bank

Who owns Ledyard National Bank?

How long has Ledyard National Bank been around?

Can Ledyard National Bank transfer to other banks?

Does Ledyard National Bank have quick pay?

Does Ledyard National Bank accept rolled coins?

Will Ledyard National Bank accept loose change?

Where is Ledyard National Bank headquarters?

Customer Reviews for Ledyard National Bank

There are currently no comments for Ledyard National Bank. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →