Nationwide Bank

One Nationwide Plaza, 1-14-401
Columbus, OH 43215

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 34710
Date Established 1998
Assets $7.25 billion
Loans $4.93 billion
Deposits $4.57 billion
Capital $0.58 billion

Nationwide Bank is an FDIC insured institution located in Columbus, OH. It was founded in 1998 and has approximately $7.25 billion in assets. Customers can open an account at one of its 2 branches.

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

Bank Loan Profile?

The top three loan types in Nationwide Bank’s loan portfolio are 1-4 Family Residential Loans, Consumer Auto Loans, and Commercial Real Estate.

Compared to other banks in Ohio, Nationwide Bank has a significantly higher percent of Consumer Auto 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 62.37
Multifamily
Mortgages
4.28
Credit Card Loans 3.07
Consumer Auto Loans 20.04
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 5.10
Commercial and Industrial Loans 1.98
Farm Loans 0.53

Deposit Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.25% $10,000 $99,999 Learn MoreShow Less
3 Mo CD 100K
0.30% $100,000 - Learn MoreShow Less
6 Mo CD 10K
1.20% $10,000 $99,999 Learn MoreShow Less
6 Mo CD 100K
1.25% $100,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
1.41% $1 $9,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA 0K
0.50% $1 $999 Learn MoreShow Less
MM Rates APY MIN MAX
MM2.5K
1.15% $1,000 $9,999 Learn MoreShow Less
MM10K
1.40% $10,000 $24,999 Learn MoreShow Less
MM25K
1.40% $25,000 $49,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
1.00% $1 $499 Learn MoreShow Less
Int Ckg 2.5K
1.00% $2,500 $4,999 Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

Auto Loan Rates APR Rate Monthly Payment
3 Year 1.99% 1.99% $715.96 Learn MoreShow Less
4 Year 1.99% 1.99% $542.27 Learn MoreShow Less
5 Year 1.99% 1.99% $438.08 Learn MoreShow Less
Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

Nationwide 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:
Ashburn,Virginia


Nationwide Bank Locations

Financial Details

Nationwide Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Nationwide Bank. 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
Nationwide Bank U.S. Bank Average
1.7% 8.45

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of June 30, 2017, Nationwide Bank had $9,330,000 in non-current loans and $1,059,000 in owned real estate. To cover these potential losses it had $584,322,000 in equity and $27,845,000 in loans loss reserves. That gives it a Texas Ratio of 1.7%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity
Nationwide Bank U.S. Bank Average
3.16% 8.58

Nationwide Bank has a Return on Equity of 3.16% versus the BestCashCow average of 8.58. 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
Nationwide Bank U.S. Bank Average
8.06% 12.11

Nationwide Bank has a Capitalization of 8.06% versus the BestCashCow average of 12.11. 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.

Nationwide Bank Balance Sheet Analysis

As of June 30, 2017, Nationwide Bank had assets of $7,245,416,000, loans of $4,929,526,000, and deposits of $4,571,971,000. 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.

Frequently Asked Questions About Nationwide Bank

Branches and Savings

Is Nationwide Bank FDIC insured?

Yes. It is covered under FDIC Certificate #34710.

Why does Nationwide Bank pay such low interest on savings accounts?

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

Why are Nationwide Bank CD rates not competitive?

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

Is Nationwide Bank a commercial bank?

Yes

Where are Nationwide Bank locations?

See branch locations nearby.

Is Nationwide Bank open on Saturdays?

Is Nationwide Bank open on Sundays?

What time does Nationwide Bank open?

What time does Nationwide Bank close?

Are Nationwide Bank ATMs Open 24/7?

Do Nationwide Bank ATMs accept cash deposits?

Can Nationwide Bank customers use other ATMs?

Do Nationwide Bank branches have notaries?

Will Nationwide Bank notarize my document?

What address for Nationwide Bank should I put for incoming ACH transfers?

Will the Nationwide Bank branch print checks?

Do Nationwide Bank checks expire?

Does Nationwide Bank require US citizenship to open account?

Can Nationwide Bank close my account?

Does Nationwide Bank Report to credit bureaus?

Does Nationwide Bank Use Equifax?

What is Nationwide Bank's ACH Routing Number?

What is Nationwide Bank's SWIFT code?

Products

Does Nationwide Bank offer mortgages?

Compare mortgage rates here.

Does Nationwide Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Nationwide Bank offer personal loans?

Compare personal loan rates here.

Does Nationwide Bank offer student loans?

Will Nationwide Bank cash a check?

Will Nationwide Bank redeem a savings bond?

Does Nationwide Bank cash savings bonds?

Will Nationwide Bank cash money orders?

Can Nationwide Bank issue a money order?

Does Nationwide Bank do currency exchange?

Background on The Bank

Who owns Nationwide Bank?

How long has Nationwide Bank been around?

Can Nationwide Bank transfer to other banks?

Does Nationwide Bank have quick pay?

Does Nationwide Bank accept rolled coins?

Will Nationwide Bank accept loose change?

Where is Nationwide Bank headquarters?

Customer Reviews for Nationwide Bank


  • ruler0009

    May 26, 2017

    ruler0009

  • ruler009

    May 26, 2017

    Savings Rates

    ruler009

  • philip hull

    March 07, 2016

    Do you have any locations nationwide people that works for your bank in the Williamsburg , VA. area ?

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