Nationwide Bank

1 Nationwide Plaza, 2-14-05
Columbus, OH 43215

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 34710
Date Established 1998
Assets $6.43 billion
Loans $3.83 billion
Deposits $5.12 billion
Capital $0.55 billion

Nationwide Bank is an FDIC insured institution located in Columbus, OH. It was founded in 1998 and has approximately $6.41 billion in assets. Customers can open an account via 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 Credit Card Loans.

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 53.28
Multifamily
Mortgages
3.17
Credit Card Loans 4.20
Consumer Auto Loans 28.93
Small Business Loans 0.02
Construction and Development Loans 0.00
Commercial Real Estate 4.02
Commercial and Industrial Loans 2.78
Farm Loans 0.99

Savings 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 0.30% $10,000 $99,999 Learn MoreShow Less
6 Mo CD 100K 0.35% $100,000 - Learn MoreShow Less
12MCD10K 0.78% $10,000 $99,999 Learn MoreShow Less
12 Mo CD 100K 0.83% $100,000 - Learn MoreShow Less
18MCD10K 1.01% $10,000 $99,999 Learn MoreShow Less
18 Mo CD 100K 1.06% $100,000 - Learn MoreShow Less
24MCD10K 1.12% $10,000 $99,999 Learn MoreShow Less
24 Mo CD 100K 1.17% $100,000 - Learn MoreShow Less
36MCD10K 1.28% $10,000 $99,999 Learn MoreShow Less
36 Mo CD 100K 1.33% $100,000 - Learn MoreShow Less
48MCD10K 1.45% $10,000 $99,999 Learn MoreShow Less
48 Mo CD 100K 1.50% $100,000 - Learn MoreShow Less
60MCD10K 1.62% $10,000 $99,999 Learn MoreShow Less
60 Mo CD 100K 1.67% $100,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Savings 2.5K 0.30% $1 - Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
FIXIRA0K 0.78% $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 0.50% $1,000 $9,999 Learn MoreShow Less
MM10K 0.50% $10,000 $24,999 Learn MoreShow Less
MM25K 0.50% $25,000 $49,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K 0.10% $1 $2,499 Learn MoreShow Less
Int Ckg 2.5K 0.20% $2,500 $9,999 Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

BestCashCow tracks mortgage, home equity, and auto loan rates. In the future, we will be adding other loan products. Please contact the lender for questions about their loan products.

Auto Loan Rates APR Rate Monthly Payment
3 Year 2.19% 2.19% $718.14 Learn MoreShow Less
4 Year 2.44% 2.44% $547.19 Learn MoreShow Less
5 Year 2.49% 2.49% $443.57 Learn MoreShow Less
Refinance Mortgage Rates APR Rate Monthly Payment
7 Year Adjustable Conforming 3.11% 3.00% $1,054.01 Learn MoreShow Less
10 Year Adjustable Conforming 3.17% 3.13% $1,071.62 Learn MoreShow Less
15 Year Fixed Conforming 2.88% 2.75% $1,696.55 Learn MoreShow Less
15 Year Fixed Jumbo 3.66% 3.63% $1,803.21 Learn MoreShow Less
30 Year Fixed Conforming 3.57% 3.50% $1,122.61 Learn MoreShow Less
30 Year Fixed Jumbo 4.56% 4.50% $1,266.71 Learn MoreShow Less
Purchase Mortgage Rates APR Rate Monthly Payment
7 Year Adjustable Conforming 3.11% 3.00% $1,054.01 Learn MoreShow Less
10 Year Adjustable Conforming 3.17% 3.13% $1,071.62 Learn MoreShow Less
15 Year Fixed Conforming 2.88% 2.75% $1,696.55 Learn MoreShow Less
15 Year Fixed Jumbo 3.66% 3.63% $1,803.21 Learn MoreShow Less
30 Year Fixed Conforming 3.57% 3.50% $1,122.61 Learn MoreShow Less
30 Year Fixed Jumbo 4.56% 4.50% $1,266.71 Learn MoreShow Less

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. Please remember that all banks listed on BestCashCow.com are FDIC insured while all credit unions are similarly insured by the NCUA. No depositor has ever lost money while their funds have been insured by the FDIC or NCUA.

Texas Ratio
Nationwide Bank U.S. Bank Average
1.25% 8.56%

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, 2015, Nationwide Bank had $6,568,000 in non-current loans and $551,000 in owned real estate. To cover these potential losses it had $546,670,000 in equity and $21,212,000 in loans loss reserves. That gives it a Texas Ratio of 1.25%. 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
7.08% 9.74%

Nationwide Bank has a Return on Equity of 7.08% versus the BestCashCow average of 9.74%. 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
8.5% 11.23%

Nationwide Bank has a Capitalization of 8.5% versus the BestCashCow average of 11.23%. 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 March 31, 2015, Nationwide Bank had assets of $6,412,097,000, loans of $3,833,123,000, and deposits of $5,124,068,000. 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.

Customer Comments for Nationwide Bank


  • philip hull

    March 07, 2016

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

  • Larry Wenhold

    January 09, 2015

    I opened my account in 1963 with Nationwide credit union which then changed to Nationwide bank. Over 50 years of experience and with many loans over the years I have to rate then 5 star. Every experience with Nationwide has been terrific. This is the bank that I feel cares about my family.

Add Your Comment

Rate it here →