Metlife Bank, National Association

Headquarters

334 Madison Avenue
Convent Station, NJ 07961
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 5.50% →
1-Year CD N.A. 4.80% →
2-Year CD N.A. 4.25% →
5-Year CD N.A. 4.00% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Bank Information

Metlife Bank, National Association is an FDIC insured institution located in Convent Station, NJ. It was founded in 1999 and has approximately $0.69 billion in assets.

FDIC Insured Yes
FDIC Certificate # 35055
Date Established 1999
Assets $ 7.80 billion
Loans $ 421.57 million
Deposits $ 6.42 billion
Capital $ 979.18 million
 

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

Deposit Rates - October 31, 2024

Your Current Location: Ohio, OH 43085


Loan Rates - October 31, 2024

Your Current Location: Ohio, OH 43085

There are currently no loan rates available for Metlife Bank, National Association

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




Featured - Ohio 30 Year Fixed Mortgage Rates 2024

Lender APR Rate (%) Monthly
Payment
Learn More
District Lending
NMLS ID: 1835285
6.482% 6.375%
0.63 points
$3,600 fees
$1,997 Learn More
Pure Rate Mortgage
NMLS ID: 2578474
6.494% 6.375%
0.88 points
$4,010 fees
$1,997 Learn More
Mutual of Omaha Mortgage, Inc.
NMLS ID: 1025894
6.984% 6.875%
0.88 points
$3,545 fees
$2,103 Learn More
PenFed Credit Union
NMLS ID: 401822
7.047% 6.875%
0.75 points
$5,600 fees
$2,103 Learn More

Featured - Ohio Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
Intro APR 7.490 %
After Intro: 7.490 %
$0 Learn More
More Info

Note to Metlife Bank, National Association
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Branches

Metlife Bank, National Association 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:
Columbus,Ohio


Metlife Bank, National Association Locations around zip code 43085


BranchDistance Map View Lobby Hours


Climate Policy and Initiatives

Metlife Bank, National Association is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.


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Financial Details

Metlife Bank, National Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Metlife Bank, National Association. 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
Metlife Bank, National Association U.S. Bank Average
41.93% 4.48%

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 June 30, 2024, Metlife Bank, National Association had $318,085,000 in non-current loans and $92,476,000 in owned real estate. To cover these potential losses it had $979,180,000 in equity and $0 in loans loss reserves. That gives it a Texas Ratio of 41.93%.

Return on Equity
Metlife Bank, National Association U.S. Bank Average
-37.11% 10.46%

Metlife Bank, National Association has a Return on Equity of -37.11% versus the BestCashCow average of 10.46%. 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
Metlife Bank, National Association U.S. Bank Average
12.55% 10.84%

Metlife Bank, National Association has a Capitalization of 12.55% versus the BestCashCow average of 10.84. 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.

Metlife Bank, National Association Balance Sheet Analysis

As of December 31, 2012, Metlife Bank, National Association had assets of $686,851,000, loans of $421,568,000, and deposits of $6,415,983,000. 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

June 30, 2024
ASSETS
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 $ 421.57 million
Loan loss allowance N.A.
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 92.48 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 6.42 billion
      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 $ 7.80 billion

Summary Income Statement

June 30, 2024
INCOME AND EXPENSES
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 Metlife Bank, National Association’s loan portfolio are 1-4 Family Residential Loans, Commercial and Industrial Loans, and Multifamily Mortgages.

Compared to other banks in New Jersey, Metlife Bank, National Association 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.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 98.23
Multifamily
Mortgages
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 1.77
Farm Loans 0.00

Customer Reviews for Metlife Bank, National Association

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