Nuestro Banco

Headquarters

1408 Garner Station Boulevard
Raleigh, NC 27603
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

Nuestro Banco is an FDIC insured institution located in Raleigh, NC. It was founded in 2007 and has approximately $0.02 billion in assets.

FDIC Insured Yes
FDIC Certificate # 58550
Date Established 2007
Assets $ 15.46 million
Loans $ 7.24 million
Deposits $ 8.27 million
Capital $ 7.14 million
 

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

Deposit Rates - September 21, 2020

Your Current Location: Virginia, VA 20146


Loan Rates - September 21, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Nuestro Banco

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




Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.815% 2.750% 0.88 $2,118 $1,021 Learn More
Rocket Mortgage
NMLS ID: 3030
3.872% 3.750% 1.00 $3,750 $1,158 Learn More

Featured - Virginia 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 Nuestro Banco
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Branches

Nuestro Banco 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


Nuestro Banco Locations


Financial Details

Nuestro Banco Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Nuestro Banco. 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
Nuestro Banco U.S. Bank Average
0.13% 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, Nuestro Banco had $10,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $7,137,000 in equity and $804,000 in loans loss reserves. That gives it a Texas Ratio of 0.13%.

Return on Equity
Nuestro Banco U.S. Bank Average
-21.55% 7.80%

Nuestro Banco has a Return on Equity of -21.55% 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
Nuestro Banco U.S. Bank Average
46.16% 12.68%

Nuestro Banco has a Capitalization of 46.16% 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.

Nuestro Banco Balance Sheet Analysis

As of November 30, -0001, Nuestro Banco had assets of $15,461,000, loans of $7,242,000, and deposits of $8,272,000. 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 $ 7.24 million
Loan loss allowance $ 0.80 million
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 $ 8.27 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 $ 15.46 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 Nuestro Banco’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Nuestro Banco’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 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About Nuestro Banco

Branches and Savings

Is Nuestro Banco FDIC insured?

Yes. It is covered under FDIC Certificate #58550.

Why does Nuestro Banco pay such low interest on savings accounts?

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

Why are Nuestro Banco CD rates not competitive?

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

Is Nuestro Banco a commercial bank?

Yes

Where are Nuestro Banco locations?

See branch locations nearby.

Is Nuestro Banco open on Saturdays?

Is Nuestro Banco open on Sundays?

What time does Nuestro Banco open?

What time does Nuestro Banco close?

Are Nuestro Banco ATMs Open 24/7?

Do Nuestro Banco ATMs accept cash deposits?

Can Nuestro Banco customers use other ATMs?

Do Nuestro Banco branches have notaries?

Will Nuestro Banco notarize my document?

What address for Nuestro Banco should I put for incoming ACH transfers?

Will the Nuestro Banco branch print checks?

Do Nuestro Banco checks expire?

Does Nuestro Banco require US citizenship to open account?

Can Nuestro Banco close my account?

Does Nuestro Banco Report to credit bureaus?

Does Nuestro Banco Use Equifax?

What is Nuestro Banco's ACH Routing Number?

What is Nuestro Banco's SWIFT code?

Products

Does Nuestro Banco offer mortgages?

Compare mortgage rates here.

Does Nuestro Banco offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Nuestro Banco offer personal loans?

Compare personal loan rates here.

Does Nuestro Banco offer student loans?

Will Nuestro Banco cash a check?

Will Nuestro Banco redeem a savings bond?

Does Nuestro Banco cash savings bonds?

Will Nuestro Banco cash money orders?

Can Nuestro Banco issue a money order?

Does Nuestro Banco do currency exchange?

Background on The Bank

Who owns Nuestro Banco?

How long has Nuestro Banco been around?

Can Nuestro Banco transfer to other banks?

Does Nuestro Banco have quick pay?

Does Nuestro Banco accept rolled coins?

Will Nuestro Banco accept loose change?

Where is Nuestro Banco headquarters?

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