Marquette Savings Bank


920 Peach Street
Erie, PA 16501
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 1.05% →
1-Year CD 0.20% 0.95% →
2-Year CD 0.30% 1.05% →
5-Year CD 0.35% 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

Marquette Savings Bank is an FDIC insured institution located in Erie, PA. It was founded in 1908 and has approximately $0.95 billion in assets. Customers can open an account at one of its 12 branches.

FDIC Insured Yes
FDIC Certificate # 30544
Date Established 1908
Assets $ 949.53 million
Loans $ 540.19 million
Deposits $ 767.07 million
Capital $ 171.80 million

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

Deposit Rates - September 22, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
0.05% $2,500 - Learn More
Money Market
0.05% $1 $9,999 Learn More
Money Market
0.10% $10,000 $49,999 Learn More
3 Mo CD
0.10% $500 - Learn More
6 Mo CD
0.15% $500 - Learn More
Special: 9 Mo CD
0.55% $500 - Learn More
12 Mo CD
0.20% $500 - Learn More
Special: 18 Mo CD
0.65% $500 - Learn More
18 Mo CD
0.25% $500 - Learn More
24 Mo CD
0.30% $500 - Learn More
30 Mo CD
0.30% $500 - Learn More
Special: 31 Mo CD
0.70% $500 - Learn More
36 Mo CD
0.30% $500 - Learn More
Special: 45 Mo CD
0.75% $500 - Learn More
48 Mo CD
0.35% $500 - Learn More
60 Mo CD
0.35% $500 - Learn More
Special: 61 Mo CD
1.00% $500 - Learn More

Special: 9 Mo FIRA
0.55% $500 - Learn MoreShow Less
Special: 18 Mo FIRA
0.65% $500 - Learn MoreShow Less
Special: 31 Mo FIRA
0.70% $500 - Learn MoreShow Less
Special: 45 Mo FIRA
0.75% $500 - Learn MoreShow Less
Special: 61 Mo FIRA
1.00% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.01% $1 $4,999 Learn MoreShow Less

Loan Rates - September 22, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Marquette 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
Learn More
Rocket Mortgage
NMLS ID: 3030
4.114% 3.990% 1.00 $3,750 $1,193 Learn More
NMLS ID: 2890
License#: 13256
2.816% 2.750% 0.88 $2,132 $1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info

Note to Marquette Savings Bank
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Marquette Savings Bank Locations

Financial Details

Marquette Savings Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Marquette Savings 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
Marquette Savings Bank U.S. Bank Average
2.06% 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, Marquette Savings Bank had $3,548,000 in non-current loans and $50,000 in owned real estate. To cover these potential losses it had $171,802,000 in equity and $2,794,000 in loans loss reserves. That gives it a Texas Ratio of 2.06%.

Return on Equity
Marquette Savings Bank U.S. Bank Average
2.77% 7.80%

Marquette Savings Bank has a Return on Equity of 2.77% 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.

Marquette Savings Bank U.S. Bank Average
18.09% 12.68%

Marquette Savings Bank has a Capitalization of 18.09% 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.

Marquette Savings Bank Balance Sheet Analysis

As of March 31, 2020, Marquette Savings Bank had assets of $949,530,000, loans of $540,188,000, and deposits of $767,071,000. 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 $ 13.46 million
Interest-bearing balances $ 11.34 million
Total securities $ 328.99 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 540.19 million
Loan loss allowance $ 2.79 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.05 million
Goodwill and other intangibles $ 3.34 million
All other assets $ 43.21 million
     Total Assets $ 777.73 million
Total deposits $ 767.07 million
      Interest-bearing deposits $ 658.84 million
      Deposits held in domestic offices $ 767.07 million
      % insured (estimated) 84.46%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 5.00 million
Subordinated debt N.A.
All other liabilities $ 5.66 million
      Total Liabilities $ 777.73 million
      Shareholders’ Equity $ 171.80 million

Summary Income Statement

March 31, 2020
Total Interest Income $ 8.37 million
Total Interest Expense $ 2.07 million
Net interest income $ 6.29 million
Provision for loan and lease losses $ 0.63 million
Total non interest income $ 0.65 million
Total non interest expense $ 5.04 million
Pre-tax Net Operating Income $ 1.27 million

Bank Loan Profile?

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

Compared to other banks in Pennsylvania, Marquette 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.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 78.85
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 2.68
Commercial Real Estate 9.87
Commercial and Industrial Loans 7.32
Farm Loans 0.07

Frequently Asked Questions About Marquette Savings Bank

Branches and Savings

Is Marquette Savings Bank FDIC insured?

Yes. It is covered under FDIC Certificate #30544.

Why does Marquette 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 Marquette Savings Bank CD rates not competitive?

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

Is Marquette Savings Bank a commercial bank?


Where are Marquette Savings Bank locations?

See branch locations nearby.

Is Marquette Savings Bank open on Saturdays?

Is Marquette Savings Bank open on Sundays?

What time does Marquette Savings Bank open?

What time does Marquette Savings Bank close?

Are Marquette Savings Bank ATMs Open 24/7?

Do Marquette Savings Bank ATMs accept cash deposits?

Can Marquette Savings Bank customers use other ATMs?

Do Marquette Savings Bank branches have notaries?

Will Marquette Savings Bank notarize my document?

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

Will the Marquette Savings Bank branch print checks?

Do Marquette Savings Bank checks expire?

Does Marquette Savings Bank require US citizenship to open account?

Can Marquette Savings Bank close my account?

Does Marquette Savings Bank Report to credit bureaus?

Does Marquette Savings Bank Use Equifax?

What is Marquette Savings Bank's ACH Routing Number?

What is Marquette Savings Bank's SWIFT code?


Does Marquette Savings Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Marquette Savings Bank offer personal loans?

Compare personal loan rates here.

Does Marquette Savings Bank offer student loans?

Will Marquette Savings Bank cash a check?

Will Marquette Savings Bank redeem a savings bond?

Does Marquette Savings Bank cash savings bonds?

Will Marquette Savings Bank cash money orders?

Can Marquette Savings Bank issue a money order?

Does Marquette Savings Bank do currency exchange?

Background on The Bank

Who owns Marquette Savings Bank?

How long has Marquette Savings Bank been around?

Can Marquette Savings Bank transfer to other banks?

Does Marquette Savings Bank have quick pay?

Does Marquette Savings Bank accept rolled coins?

Will Marquette Savings Bank accept loose change?

Where is Marquette Savings Bank headquarters?

Customer Reviews for Marquette Savings Bank

  • September 27, 2019 |

    I use Marquette bank in Meadville on park avenue.
    and I use Marquette bank on rt 322 both of these banks have great mangers Dawn at park avenue and Kelly at rt 322 there tellers are the best

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