Mizuho Trust & Banking Co. USA

Headquarters

135 West 50th Street, 16th Floor
New York, NY 10020
See all branch locations →

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

Mizuho Trust & Banking Co. USA is an FDIC insured institution located in New York, NY. It was founded in 1987 and has approximately $0.84 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 27089
Date Established 1987
Assets $ 623.92 million
Loans N.A.
Deposits $ 752.50 million
Capital $ 73.80 million
 

For a more detailed analysis of Mizuho Trust & Banking Co. USA's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - September 24, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 24, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Mizuho Trust & Banking Co. USA

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
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,128 $1,021 Learn More
Rocket Mortgage
NMLS ID: 3030
4.114% 3.990% 1.00 $3,750 $1,193 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 Mizuho Trust & Banking Co. USA
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Branches

Mizuho Trust & Banking Co. USA 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


Mizuho Trust & Banking Co. USA Locations


Financial Details

Mizuho Trust & Banking Co. USA Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Mizuho Trust & Banking Co. USA. 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
Mizuho Trust & Banking Co. USA U.S. Bank Average
0% 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, Mizuho Trust & Banking Co. USA had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $73,800,000 in equity and $0 in loans loss reserves. That gives it a Texas Ratio of 0%.

Return on Equity
Mizuho Trust & Banking Co. USA U.S. Bank Average
9.35% 7.80%

Mizuho Trust & Banking Co. USA has a Return on Equity of 9.35% 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.

Capitalization
Mizuho Trust & Banking Co. USA U.S. Bank Average
11.83% 12.68%

Mizuho Trust & Banking Co. USA has a Capitalization of 11.83% 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.

Mizuho Trust & Banking Co. USA Balance Sheet Analysis

As of September 30, 2017, Mizuho Trust & Banking Co. USA had assets of $837,526,000, loans of $0, and deposits of $752,500,000. 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
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 N.A.
Loan loss allowance N.A.
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.
LIABILITIES
Total deposits $ 752.50 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 $ 623.92 million

Summary Income Statement

March 31, 2020
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 Mizuho Trust & Banking Co. USA’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Mizuho Trust & Banking Co. USA’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.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans nan
Multifamily
Mortgages
nan
Credit Card Loans nan
Consumer Auto Loans nan
Small Business Loans nan
Construction and Development Loans nan
Commercial Real Estate nan
Commercial and Industrial Loans nan
Farm Loans nan

Frequently Asked Questions About Mizuho Trust & Banking Co. Usa

Branches and Savings

Is Mizuho Trust & Banking Co. Usa FDIC insured?

Yes. It is covered under FDIC Certificate #27089.

Why does Mizuho Trust & Banking Co. Usa pay such low interest on savings accounts?

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

Why are Mizuho Trust & Banking Co. Usa CD rates not competitive?

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

Is Mizuho Trust & Banking Co. Usa a commercial bank?

Yes

Where are Mizuho Trust & Banking Co. Usa locations?

See branch locations nearby.

Is Mizuho Trust & Banking Co. Usa open on Saturdays?

Is Mizuho Trust & Banking Co. Usa open on Sundays?

What time does Mizuho Trust & Banking Co. Usa open?

What time does Mizuho Trust & Banking Co. Usa close?

Are Mizuho Trust & Banking Co. Usa ATMs Open 24/7?

Do Mizuho Trust & Banking Co. Usa ATMs accept cash deposits?

Can Mizuho Trust & Banking Co. Usa customers use other ATMs?

Do Mizuho Trust & Banking Co. Usa branches have notaries?

Will Mizuho Trust & Banking Co. Usa notarize my document?

What address for Mizuho Trust & Banking Co. Usa should I put for incoming ACH transfers?

Will the Mizuho Trust & Banking Co. Usa branch print checks?

Do Mizuho Trust & Banking Co. Usa checks expire?

Does Mizuho Trust & Banking Co. Usa require US citizenship to open account?

Can Mizuho Trust & Banking Co. Usa close my account?

Does Mizuho Trust & Banking Co. Usa Report to credit bureaus?

Does Mizuho Trust & Banking Co. Usa Use Equifax?

What is Mizuho Trust & Banking Co. Usa's ACH Routing Number?

What is Mizuho Trust & Banking Co. Usa's SWIFT code?

Products

Does Mizuho Trust & Banking Co. Usa offer mortgages?

Compare mortgage rates here.

Does Mizuho Trust & Banking Co. Usa offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Mizuho Trust & Banking Co. Usa offer personal loans?

Compare personal loan rates here.

Does Mizuho Trust & Banking Co. Usa offer student loans?

Will Mizuho Trust & Banking Co. Usa cash a check?

Will Mizuho Trust & Banking Co. Usa redeem a savings bond?

Does Mizuho Trust & Banking Co. Usa cash savings bonds?

Will Mizuho Trust & Banking Co. Usa cash money orders?

Can Mizuho Trust & Banking Co. Usa issue a money order?

Does Mizuho Trust & Banking Co. Usa do currency exchange?

Background on The Bank

Who owns Mizuho Trust & Banking Co. Usa?

How long has Mizuho Trust & Banking Co. Usa been around?

Can Mizuho Trust & Banking Co. Usa transfer to other banks?

Does Mizuho Trust & Banking Co. Usa have quick pay?

Does Mizuho Trust & Banking Co. Usa accept rolled coins?

Will Mizuho Trust & Banking Co. Usa accept loose change?

Where is Mizuho Trust & Banking Co. Usa headquarters?

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