Montrose Savings Bank


401 Missouri Avenue
Montrose, MO 64770
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.25% 1.00% →
1-Year CD 0.85% 0.95% →
2-Year CD 1.11% 1.05% →
5-Year CD 1.41% 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

Montrose Savings Bank is an FDIC insured institution located in Montrose, MO. It was founded in 1895 and has approximately $0.04 billion in assets.

FDIC Insured Yes
FDIC Certificate # 8594
Date Established 1895
Assets $ 42.13 million
Loans $ 27.52 million
Deposits $ 35.44 million
Capital $ 6.64 million

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

Deposit Rates - September 29, 2020

Your Current Location: Washington, WA 98109

Savings and Money Market Rates APY MIN MAX
0.25% $1 - Learn More
3 Mo CD
0.50% $1,000 - Learn More
6 Mo CD
0.70% $1,000 - Learn More
12 Mo CD
0.85% $500 - Learn More
18 Mo CD
0.95% $500 - Learn More
24 Mo CD
1.11% $500 - Learn More
30 Mo CD
1.11% $500 - Learn More
36 Mo CD
1.16% $500 - Learn More
48 Mo CD
1.31% $500 - Learn More
60 Mo CD
1.41% $500 - Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.15% $1 - Learn MoreShow Less

Loan Rates - September 29, 2020

Your Current Location: Washington, WA 98109

There are currently no loan rates available for Montrose Savings Bank

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

Featured - Washington 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Learn More
Cascadia Mortgage
NMLS ID: 1505422
License#: NMLS #1505422
2.817% 2.750% 0.50 $2,188 $1,021 Learn More
NMLS ID: 2890
License#: 520-CL-25944
2.815% 2.750% 0.88 $2,110 $1,021 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More

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


Montrose Savings 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:

Montrose Savings Bank Locations

Financial Details

Montrose Savings Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Montrose 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
Montrose Savings Bank U.S. Bank Average
3.85% 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, Montrose Savings Bank had $243,000 in non-current loans and $30,000 in owned real estate. To cover these potential losses it had $6,644,000 in equity and $454,000 in loans loss reserves. That gives it a Texas Ratio of 3.85%.

Return on Equity
Montrose Savings Bank U.S. Bank Average
11.29% 7.80%

Montrose Savings Bank has a Return on Equity of 11.29% 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.

Montrose Savings Bank U.S. Bank Average
15.77% 12.68%

Montrose Savings Bank has a Capitalization of 15.77% 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.

Montrose Savings Bank Balance Sheet Analysis

As of March 31, 2020, Montrose Savings Bank had assets of $42,134,000, loans of $27,522,000, and deposits of $35,437,000. 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 $ 3.68 million
Interest-bearing balances $ 2.21 million
Total securities $ 8.48 million
Federal funds sold and reverse repurchase $ 1.89 million
Net loans and leases $ 27.52 million
Loan loss allowance $ 0.45 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.03 million
Goodwill and other intangibles N.A.
All other assets $ 0.42 million
     Total Assets $ 35.49 million
Total deposits $ 35.44 million
      Interest-bearing deposits $ 28.26 million
      Deposits held in domestic offices $ 35.44 million
      % insured (estimated) 94.48%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.05 million
      Total Liabilities $ 35.49 million
      Shareholders’ Equity $ 6.64 million

Summary Income Statement

March 31, 2020
Total Interest Income $ 0.44 million
Total Interest Expense $ 0.05 million
Net interest income $ 0.40 million
Provision for loan and lease losses $ 0.01 million
Total non interest income $ 0.03 million
Total non interest expense $ 0.23 million
Pre-tax Net Operating Income $ 0.19 million

Bank Loan Profile?

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

Compared to other banks in Missouri, Montrose Savings Bank has a significantly higher percent of Farm 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 23.30
Credit Card Loans 0.00
Consumer Auto Loans 4.31
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 8.34
Commercial and Industrial Loans 9.94
Farm Loans 22.67

Frequently Asked Questions About Montrose Savings Bank

Branches and Savings

Is Montrose Savings Bank FDIC insured?

Yes. It is covered under FDIC Certificate #8594.

Why does Montrose 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 Montrose Savings Bank CD rates not competitive?

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

Is Montrose Savings Bank a commercial bank?


Where are Montrose Savings Bank locations?

See branch locations nearby.

Is Montrose Savings Bank open on Saturdays?

Is Montrose Savings Bank open on Sundays?

What time does Montrose Savings Bank open?

What time does Montrose Savings Bank close?

Are Montrose Savings Bank ATMs Open 24/7?

Do Montrose Savings Bank ATMs accept cash deposits?

Can Montrose Savings Bank customers use other ATMs?

Do Montrose Savings Bank branches have notaries?

Will Montrose Savings Bank notarize my document?

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

Will the Montrose Savings Bank branch print checks?

Do Montrose Savings Bank checks expire?

Does Montrose Savings Bank require US citizenship to open account?

Can Montrose Savings Bank close my account?

Does Montrose Savings Bank Report to credit bureaus?

Does Montrose Savings Bank Use Equifax?

What is Montrose Savings Bank's ACH Routing Number?

What is Montrose Savings Bank's SWIFT code?


Does Montrose Savings Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Montrose Savings Bank offer personal loans?

Compare personal loan rates here.

Does Montrose Savings Bank offer student loans?

Will Montrose Savings Bank cash a check?

Will Montrose Savings Bank redeem a savings bond?

Does Montrose Savings Bank cash savings bonds?

Will Montrose Savings Bank cash money orders?

Can Montrose Savings Bank issue a money order?

Does Montrose Savings Bank do currency exchange?

Background on The Bank

Who owns Montrose Savings Bank?

How long has Montrose Savings Bank been around?

Can Montrose Savings Bank transfer to other banks?

Does Montrose Savings Bank have quick pay?

Does Montrose Savings Bank accept rolled coins?

Will Montrose Savings Bank accept loose change?

Where is Montrose Savings Bank headquarters?

Customer Reviews for Montrose Savings Bank

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

Add Your Review

Rate it here →