Marco Community Bank


1770 San Marco Road
Marco Island, FL 34145
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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

Marco Community Bank is an FDIC insured institution located in Marco Island, FL. It was founded in 2003 and has approximately $0.12 billion in assets.

Marco Community Bank, Marco Island, Florida, was closed February 19, 2010 by the Florida Office of Financial Regulation, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with Mutual of Omaha Bank, Omaha, Nebraska, to assume all of the deposits of Marco Community Bank.

FDIC Insured Yes
FDIC Certificate # 57586
Date Established 2003
Assets $ 119.58 million
Loans $ 99.21 million
Deposits $ 117.10 million
Capital $ 1.97 million

For a more detailed analysis of Marco Community Bank'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

Loan Rates - September 23, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Marco Community 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
Learn More
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
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info

Note to Marco Community Bank
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Marco Community Bank Locations

Financial Details

Marco Community Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Marco Community Bank. The data is provided by the FDIC. All banks listed on are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Marco Community Bank U.S. Bank Average
143.69% 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, Marco Community Bank had $9,716,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $1,970,000 in equity and $4,792,000 in loans loss reserves. That gives it a Texas Ratio of 143.69%.

Return on Equity
Marco Community Bank U.S. Bank Average
-128.72% 7.80%

Marco Community Bank has a Return on Equity of -128.72% 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.

Marco Community Bank U.S. Bank Average
1.65% 12.68%

Marco Community Bank has a Capitalization of 1.65% 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.

Marco Community Bank Balance Sheet Analysis

As of November 30, -0001, Marco Community Bank had assets of $119,578,000, loans of $99,207,000, and deposits of $117,097,000. 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
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 $ 99.21 million
Loan loss allowance $ 4.79 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 N.A.
     Total Assets N.A.
Total deposits $ 117.10 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 $ 119.58 million

Summary Income Statement

March 31, 2020
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 Marco Community Bank’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Marco Community 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 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 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About Marco Community Bank

Branches and Savings

Is Marco Community Bank FDIC insured?

Yes. It is covered under FDIC Certificate #57586.

Why does Marco Community Bank pay such low interest on savings accounts?

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

Why are Marco Community Bank CD rates not competitive?

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

Is Marco Community Bank a commercial bank?


Where are Marco Community Bank locations?

See branch locations nearby.

Is Marco Community Bank open on Saturdays?

Is Marco Community Bank open on Sundays?

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Are Marco Community Bank ATMs Open 24/7?

Do Marco Community Bank ATMs accept cash deposits?

Can Marco Community Bank customers use other ATMs?

Do Marco Community Bank branches have notaries?

Will Marco Community Bank notarize my document?

What address for Marco Community Bank should I put for incoming ACH transfers?

Will the Marco Community Bank branch print checks?

Do Marco Community Bank checks expire?

Does Marco Community Bank require US citizenship to open account?

Can Marco Community Bank close my account?

Does Marco Community Bank Report to credit bureaus?

Does Marco Community Bank Use Equifax?

What is Marco Community Bank's ACH Routing Number?

What is Marco Community Bank's SWIFT code?


Does Marco Community Bank offer mortgages?

Compare mortgage rates here.

Does Marco Community Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Marco Community Bank offer personal loans?

Compare personal loan rates here.

Does Marco Community Bank offer student loans?

Will Marco Community Bank cash a check?

Will Marco Community Bank redeem a savings bond?

Does Marco Community Bank cash savings bonds?

Will Marco Community Bank cash money orders?

Can Marco Community Bank issue a money order?

Does Marco Community Bank do currency exchange?

Background on The Bank

Who owns Marco Community Bank?

How long has Marco Community Bank been around?

Can Marco Community Bank transfer to other banks?

Does Marco Community Bank have quick pay?

Does Marco Community Bank accept rolled coins?

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