Legacy Bank


220 Main Street
Wiley, CO 81092
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.40% →
1-Year CD 0.40% 1.15% →
2-Year CD 0.50% 1.26% →
5-Year CD 1.50% 1.60% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

Legacy Bank is an FDIC insured institution located in Wiley, CO. It was founded in 1907 and has approximately $0.37 billion in assets. Customers can open an account at one of its 9 branches.

FDIC Insured Yes
FDIC Certificate # 12699
Date Established 1907
Assets $ 368.90 million
Loans $ 263.92 million
Deposits $ 308.20 million
Capital $ 58.20 million

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

Deposit Rates - July 4, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
0.10% $100 - Learn More
Money Market
0.10% $3,000 $30,000 Learn More
3 Mo CD
0.25% $500 - Learn More
6 Mo CD
0.30% $500 - Learn More
12 Mo CD
0.40% $500 - Learn More
18 Mo CD
0.45% $500 - Learn More
24 Mo CD
0.50% $500 - Learn More
30 Mo CD
0.55% $500 - Learn More
36 Mo CD
0.60% $500 - Learn More
48 Mo CD
1.30% $500 - Learn More
60 Mo CD
1.50% $500 - Learn More

Variable IRA Rates APY MIN MAX
0.50% $100 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.03% $1,000 $5,000 Learn MoreShow Less

Loan Rates - July 4, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Legacy Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Learn More
NMLS ID: 2890
License#: MC-3098
3.039% 3.000% 0.50 $1,250 $1,055 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info

Note to Legacy Bank
To upload and update your bank's rates please register. It is free to register and add rates.


Legacy 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:

Legacy Bank Locations

Financial Details

Legacy Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Legacy 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
Legacy Bank U.S. Bank Average
10.95% 6.51%

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 December 31, 2019, Legacy Bank had $6,763,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $58,195,000 in equity and $3,592,000 in loans loss reserves. That gives it a Texas Ratio of 10.95%.

Return on Equity
Legacy Bank U.S. Bank Average
12.23% 9.41%

Legacy Bank has a Return on Equity of 12.23% versus the BestCashCow average of 9.41%. 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.

Legacy Bank U.S. Bank Average
15.78% 12.82%

Legacy Bank has a Capitalization of 15.78% versus the BestCashCow average of 12.82. 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.

Legacy Bank Balance Sheet Analysis

As of December 31, 2019, Legacy Bank had assets of $368,896,000, loans of $263,916,000, and deposits of $308,195,000. 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

December 31, 2019
Cash & Balances due from depository institutions $ 13.79 million
Interest-bearing balances $ 8.08 million
Total securities $ 56.09 million
Federal funds sold and reverse repurchase $ 10.52 million
Net loans and leases $ 263.92 million
Loan loss allowance $ 3.59 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 5.31 million
All other assets $ 11.24 million
     Total Assets $ 310.70 million
Total deposits $ 308.20 million
      Interest-bearing deposits $ 235.92 million
      Deposits held in domestic offices $ 308.20 million
      % insured (estimated) 83.47%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 2.51 million
      Total Liabilities $ 310.70 million
      Shareholders’ Equity $ 58.20 million

Summary Income Statement

December 31, 2019
Total Interest Income $ 16.45 million
Total Interest Expense $ 2.18 million
Net interest income $ 14.27 million
Provision for loan and lease losses $ 0.64 million
Total non interest income $ 0.99 million
Total non interest expense $ 7.69 million
Pre-tax Net Operating Income $ 6.93 million

Bank Loan Profile?

The top three loan types in Legacy Bank’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and 1-4 Family Residential Loans.

Compared to other banks, Legacy Bank’s loan portfolio does not show any specific loan specialty.

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.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 14.45
Credit Card Loans 0.00
Consumer Auto Loans 0.25
Small Business Loans 9.66
Construction and Development Loans 10.70
Commercial Real Estate 39.65
Commercial and Industrial Loans 15.96
Farm Loans 7.80

Frequently Asked Questions About Legacy Bank

Branches and Savings

Is Legacy Bank FDIC insured?

Yes. It is covered under FDIC Certificate #12699.

Why does Legacy Bank pay such low interest on savings accounts?

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

Why are Legacy Bank CD rates not competitive?

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

Is Legacy Bank a commercial bank?


Where are Legacy Bank locations?

See branch locations nearby.

Is Legacy Bank open on Saturdays?

Is Legacy Bank open on Sundays?

What time does Legacy Bank open?

What time does Legacy Bank close?

Are Legacy Bank ATMs Open 24/7?

Do Legacy Bank ATMs accept cash deposits?

Can Legacy Bank customers use other ATMs?

Do Legacy Bank branches have notaries?

Will Legacy Bank notarize my document?

What address for Legacy Bank should I put for incoming ACH transfers?

Will the Legacy Bank branch print checks?

Do Legacy Bank checks expire?

Does Legacy Bank require US citizenship to open account?

Can Legacy Bank close my account?

Does Legacy Bank Report to credit bureaus?

Does Legacy Bank Use Equifax?

What is Legacy Bank's ACH Routing Number?

What is Legacy Bank's SWIFT code?


Does Legacy Bank offer mortgages?

Compare mortgage rates here.

Does Legacy Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Legacy Bank offer personal loans?

Compare personal loan rates here.

Does Legacy Bank offer student loans?

Will Legacy Bank cash a check?

Will Legacy Bank redeem a savings bond?

Does Legacy Bank cash savings bonds?

Will Legacy Bank cash money orders?

Can Legacy Bank issue a money order?

Does Legacy Bank do currency exchange?

Background on The Bank

Who owns Legacy Bank?

How long has Legacy Bank been around?

Can Legacy Bank transfer to other banks?

Does Legacy Bank have quick pay?

Does Legacy Bank accept rolled coins?

Will Legacy Bank accept loose change?

Where is Legacy Bank headquarters?

Customer Reviews for Legacy Bank

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

Add Your Review

Rate it here →