National Cooperative Bank, N.A.

Headquarters

139 South High Street
Hillsboro, OH 45133
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.65% →
1-Year CD 0.60% 0.70% →
2-Year CD N.A. 0.75% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

National Cooperative Bank, N.A. is an FDIC insured institution located in Hillsboro, OH. It was founded in 1988 and has approximately $3.08 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 32612
Date Established 1988
Assets $ 3.08 billion
Loans $ 2.22 billion
Deposits $ 2.64 billion
Capital $ 347.95 million
 

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

Deposit Rates - July 31, 2021

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Money Market
0.50% $5,000 - Learn More
CD Rates APY MIN MAX
12 Month Impact Certificate of Deposit
0.60% $2,500 - Learn More

Bank Offers

National Cooperative Bank Lowers Online Savings Rate from 0.91% to 0.60% APY
Dec 11, 2020

This bank is no longer offering the best online savings rate in the country.


 

Loan Rates - July 31, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for National Cooperative Bank, N.A.

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 2021

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Payment
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NMLS ID: 3030
3.349% 3.250%
0.75 points
$3,125 fees
$1,089 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.534% 2.500%
0.50 points
$1,132 fees
$988 Learn More
Morty, Inc.
NMLS ID: 1429243
2.464% 2.375%
0.75 points
$2,972 fees
$972 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
BMO Harris Bank
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4.840 %
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2.240 %
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Bethpage Federal Credit Union
Bethpage Federal Credit Union
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Intro APR 2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
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Note to National Cooperative Bank, N.A.
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Branches

National Cooperative Bank, N.A. 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


National Cooperative Bank, N.A. Locations


Financial Details

National Cooperative Bank, N.A. Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of National Cooperative Bank, N.A.. 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
National Cooperative Bank, N.A. U.S. Bank Average
5.26% 5.29%

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, 2021, National Cooperative Bank, N.A. had $19,507,000 in non-current loans and $105,000 in owned real estate. To cover these potential losses it had $347,948,000 in equity and $24,870,000 in loans loss reserves. That gives it a Texas Ratio of 5.26%.

Return on Equity
National Cooperative Bank, N.A. U.S. Bank Average
19.27% 11.43%

National Cooperative Bank, N.A. has a Return on Equity of 19.27% versus the BestCashCow average of 11.43%. 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
National Cooperative Bank, N.A. U.S. Bank Average
11.3% 11.51%

National Cooperative Bank, N.A. has a Capitalization of 11.3% versus the BestCashCow average of 11.51. 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.

National Cooperative Bank, N.A. Balance Sheet Analysis

As of March 31, 2021, National Cooperative Bank, N.A. had assets of $3,079,911,000, loans of $2,224,774,000, and deposits of $2,635,763,000. 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, 2021
ASSETS
Cash & Balances due from depository institutions $ 493.00 million
Interest-bearing balances $ 453.28 million
Total securities $ 294.72 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 2.22 billion
Loan loss allowance $ 24.87 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.11 million
Goodwill and other intangibles $ 28.61 million
All other assets $ 37.02 million
     Total Assets $ 2.73 billion
LIABILITIES
Total deposits $ 2.64 billion
      Interest-bearing deposits $ 2.17 billion
      Deposits held in domestic offices $ 2.64 billion
      % insured (estimated) 36.77%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 75.00 million
Subordinated debt N.A.
All other liabilities $ 21.20 million
      Total Liabilities $ 2.73 billion
      Shareholders’ Equity $ 347.95 million

Summary Income Statement

March 31, 2021
INCOME AND EXPENSES
Total Interest Income $ 26.73 million
Total Interest Expense $ 3.13 million
Net interest income $ 23.61 million
Provision for loan and lease losses $ 0.53 million
Total non interest income $ 20.25 million
Total non interest expense $ 24.68 million
Pre-tax Net Operating Income $ 18.65 million

Bank Loan Profile?

The top three loan types in National Cooperative Bank, N.A.’s loan portfolio are Multifamily Mortgages, Commercial and Industrial Loans, and 1-4 Family Residential Loans.

Compared to other banks in Ohio, National Cooperative Bank, N.A. has a significantly higher percent of Multifamily Mortgages, Commercial and Industrial 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 24.46
Multifamily
Mortgages
30.18
Credit Card Loans 0.00
Consumer Auto Loans 2.04
Small Business Loans 0.73
Construction and Development Loans 0.57
Commercial Real Estate 15.06
Commercial and Industrial Loans 28.44
Farm Loans 0.00

Frequently Asked Questions About National Cooperative Bank, N.a.

Branches and Savings

Is National Cooperative Bank, N.a. FDIC insured?

Yes. It is covered under FDIC Certificate #32612.

Why does National Cooperative Bank, N.a. pay such low interest on savings accounts?

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

Why are National Cooperative Bank, N.a. CD rates not competitive?

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

Is National Cooperative Bank, N.a. a commercial bank?

Yes

Where are National Cooperative Bank, N.a. locations?

See branch locations nearby.

Is National Cooperative Bank, N.a. open on Saturdays?

Is National Cooperative Bank, N.a. open on Sundays?

What time does National Cooperative Bank, N.a. open?

What time does National Cooperative Bank, N.a. close?

Are National Cooperative Bank, N.a. ATMs Open 24/7?

Do National Cooperative Bank, N.a. ATMs accept cash deposits?

Can National Cooperative Bank, N.a. customers use other ATMs?

Do National Cooperative Bank, N.a. branches have notaries?

Will National Cooperative Bank, N.a. notarize my document?

What address for National Cooperative Bank, N.a. should I put for incoming ACH transfers?

Will the National Cooperative Bank, N.a. branch print checks?

Do National Cooperative Bank, N.a. checks expire?

Does National Cooperative Bank, N.a. require US citizenship to open account?

Can National Cooperative Bank, N.a. close my account?

Does National Cooperative Bank, N.a. Report to credit bureaus?

Does National Cooperative Bank, N.a. Use Equifax?

What is National Cooperative Bank, N.a.'s ACH Routing Number?

What is National Cooperative Bank, N.a.'s SWIFT code?

Products

Does National Cooperative Bank, N.a. offer mortgages?

Compare mortgage rates here.

Does National Cooperative Bank, N.a. offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does National Cooperative Bank, N.a. offer personal loans?

Compare personal loan rates here.

Does National Cooperative Bank, N.a. offer student loans?

Will National Cooperative Bank, N.a. cash a check?

Will National Cooperative Bank, N.a. redeem a savings bond?

Does National Cooperative Bank, N.a. cash savings bonds?

Will National Cooperative Bank, N.a. cash money orders?

Can National Cooperative Bank, N.a. issue a money order?

Does National Cooperative Bank, N.a. do currency exchange?

Background on The Bank

Who owns National Cooperative Bank, N.a.?

How long has National Cooperative Bank, N.a. been around?

Can National Cooperative Bank, N.a. transfer to other banks?

Does National Cooperative Bank, N.a. have quick pay?

Does National Cooperative Bank, N.a. accept rolled coins?

Will National Cooperative Bank, N.a. accept loose change?

Where is National Cooperative Bank, N.a. headquarters?

Customer Reviews for National Cooperative Bank, N.A.


  • June 1, 2021 |

    Update: STAY AWAY FROM THIS BANK! They have no clue how to run an online bank. This bank is not ready for prime time. Nothing but problems. Customer service is dismal at best.

  • November 2, 2020 |

    WARNING! I just opened a new account and at this time you CANNOT transfer or withdraw your funds via ACH through them. You may use an external bank's ACH to withdraw, however. No where on their website is this stated. I was told NCB is working to enable ACH transfers but no can do now. This is insane! Obviously NCB is not ready for prime time.

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