Peoples Exchange Bank

2013 Highway 21 Bypass
Monroeville, AL 36460

Notable Rates APY Vs.Others
Savings 0.25% 2.20% →
1-Year CD 0.55% 2.20% →
2-Year CD 0.95% 2.20% →
5-Year CD N.A. 2.60% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2020 Overview

General Bank Information

Peoples Exchange Bank is an FDIC insured institution located in Monroeville, AL. It was founded in 1907 and has approximately $0.07 billion in assets.

FDIC Insured Yes
FDIC Certificate # 70
Date Established 1907
Assets $0.07 billion
Loans $0.05 billion
Deposits $0.06 billion
Capital $0.01 billion
 

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

Deposit Rates - February 25, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Money Market
0.70% $1,000 - Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.20% $1,000 - Learn MoreShow Less
6 Mo CD
0.40% $1,000 - Learn MoreShow Less
12 Mo CD
0.55% $1,000 - Learn MoreShow Less
18 Mo CD
0.90% $1,000 - Learn MoreShow Less
24 Mo CD
0.95% $1,000 - Learn MoreShow Less
36 Mo CD
1.99% $1,000 - Learn MoreShow Less

Int Checking Rates APY MIN MAX
Int Ckg
0.45% $1,000 - Learn MoreShow Less

Bank Offers

Citizens Access Raises Online Savings Rate to 2.25%
Oct 29, 2018

Citizens Access has raised its online savings rate to 2.25%.   Citizens Access has also raised all of its CD rates today.     BestCashCow has rated Citizens Access's online savings account as a Best Bet for 2019 (read more here).


Citizens Access Raises Savings Rate to 2.35%
Jan 14, 2019

Citizens Access has raised it savings rate to 2.35%.

It has also increased its one-year CD rate to 2.85%.

Both rates are among the most competitive listed on BestCashCow.

 


Citizens Access Drops CD rates
May 3, 2019

CitizensAccess has dropped its 6-month and 1-year CD rates.   The new rates are 2.20% and 2.70%, respectively.   The 1-year rate has gone from being the best CD rate available nationally to being not competitive.  See the best 1-year CD rates here.


Citizens Access Drops Savings Rate to 2.20%; Also Drops CD rates
Jul 3, 2019

Citizens Access has dropped its savings rate by 15 basis points to 2.20%.   It has also lowered all of its CD rates.   See all of Citizens Access's current rates here.   


Citizens Access Drops All Of Its CD Rates Again
Aug 27, 2019

Citizens Access has slashed its CD rates again for the third time in less than two months.   This time all rates have been cut by 25 basis points.  The bank has gone from offering the most attractive CD rates across virtually all maturities to no longer being competitive.   If you are interested in seeing their rates, click here.


Citizens Access Cuts Savings Rate to 2.00%
Sep 10, 2019

Citizens Access has cut its savings rate to 2.00%, effective 9/11.


Citizens Access Cuts Savings Rate to 1.85% APY
Oct 31, 2019

Citizens Access has cut its savings rate to 1.85% APY, effective November 1.   The rate had peaked earlier this year at 2.35%.

It has also lowered all of its CD rates by 15 to 20 basis points.   The Citizens Access one-year CD, for example, now stands at 2.10% APY.   Earlier in 2019, Citizens Access had offered 2.85% on this product.



Loan Rates - February 25, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Peoples Exchange Bank

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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
4.793% 4.750% 0.00 $1,250 $1,305 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.919% 4.875% 0.00 $1,250 $1,324 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
3.159% 3.125% 0.38 $1,085 $1,071 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Eastern Bank
Eastern Bank
4.250 %
$25,000 Learn More
More Info
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
People's United Bank, N.A.
People's United Bank, N.A.
5.000 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
Intro APR
3.990 %
After Intro: 5.000 %
Intro Period: 12 months
$25,000 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
More Info

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

Branches

Peoples Exchange 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:
Fairfield,Connecticut


Peoples Exchange Bank Locations


Financial Details

Peoples Exchange Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Peoples Exchange 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
Peoples Exchange Bank U.S. Bank Average
6.08% 6.70%

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 September 30, 2019, Peoples Exchange Bank had $584,000 in non-current loans and $80,000 in owned real estate. To cover these potential losses it had $10,480,000 in equity and $443,000 in loans loss reserves. That gives it a Texas Ratio of 6.08%.

Return on Equity
Peoples Exchange Bank U.S. Bank Average
6.81% 9.72%

Peoples Exchange Bank has a Return on Equity of 6.81% versus the BestCashCow average of 9.72%. 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
Peoples Exchange Bank U.S. Bank Average
15.1% 12.89%

Peoples Exchange Bank has a Capitalization of 15.1% versus the BestCashCow average of 12.89. 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.

Peoples Exchange Bank Balance Sheet Analysis

As of September 30, 2019, Peoples Exchange Bank had assets of $69,393,000, loans of $49,165,000, and deposits of $58,624,000. 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

September 30, 2019
ASSETS
Cash & Balances due from depository institutions $0.00 billion
Interest-bearing balances $0.00 billion
Total securities $0.01 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.05 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.06 billion
LIABILITIES
Total deposits $0.06 billion
      Interest-bearing deposits $0.04 billion
      Deposits held in domestic offices $0.06 billion
      % insured (estimated) 75.70%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.06 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

September 30, 2019
INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Bank Loan Profile?

The top three loan types in Peoples Exchange Bank’s loan portfolio are Commercial and Industrial Loans, 1-4 Family Residential Loans, and Commercial Real Estate.

Compared to other banks in Alabama, Peoples Exchange 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.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 24.36
Multifamily
Mortgages
1.09
Credit Card Loans 0.00
Consumer Auto Loans 0.23
Small Business Loans 0.00
Construction and Development Loans 0.03
Commercial Real Estate 20.45
Commercial and Industrial Loans 24.87
Farm Loans 8.32

Frequently Asked Questions About Peoples Exchange Bank

Branches and Savings

Is Peoples Exchange Bank FDIC insured?

Yes. It is covered under FDIC Certificate #70.

Why does Peoples Exchange Bank pay such low interest on savings accounts?

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

Why are Peoples Exchange Bank CD rates not competitive?

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

Is Peoples Exchange Bank a commercial bank?

Yes

Where are Peoples Exchange Bank locations?

See branch locations nearby.

Is Peoples Exchange Bank open on Saturdays?

Is Peoples Exchange Bank open on Sundays?

What time does Peoples Exchange Bank open?

What time does Peoples Exchange Bank close?

Are Peoples Exchange Bank ATMs Open 24/7?

Do Peoples Exchange Bank ATMs accept cash deposits?

Can Peoples Exchange Bank customers use other ATMs?

Do Peoples Exchange Bank branches have notaries?

Will Peoples Exchange Bank notarize my document?

What address for Peoples Exchange Bank should I put for incoming ACH transfers?

Will the Peoples Exchange Bank branch print checks?

Do Peoples Exchange Bank checks expire?

Does Peoples Exchange Bank require US citizenship to open account?

Can Peoples Exchange Bank close my account?

Does Peoples Exchange Bank Report to credit bureaus?

Does Peoples Exchange Bank Use Equifax?

What is Peoples Exchange Bank's ACH Routing Number?

What is Peoples Exchange Bank's SWIFT code?

Products

Does Peoples Exchange Bank offer mortgages?

Compare mortgage rates here.

Does Peoples Exchange Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Peoples Exchange Bank offer personal loans?

Compare personal loan rates here.

Does Peoples Exchange Bank offer student loans?

Will Peoples Exchange Bank cash a check?

Will Peoples Exchange Bank redeem a savings bond?

Does Peoples Exchange Bank cash savings bonds?

Will Peoples Exchange Bank cash money orders?

Can Peoples Exchange Bank issue a money order?

Does Peoples Exchange Bank do currency exchange?

Background on The Bank

Who owns Peoples Exchange Bank?

How long has Peoples Exchange Bank been around?

Can Peoples Exchange Bank transfer to other banks?

Does Peoples Exchange Bank have quick pay?

Does Peoples Exchange Bank accept rolled coins?

Will Peoples Exchange Bank accept loose change?

Where is Peoples Exchange Bank headquarters?

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