Radius Bank

1 Harbor St, Ste 102
Boston, MA 02210

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 32551
Date Established 1987
Assets $1.02 billion
Loans $0.85 billion
Deposits $0.86 billion
Capital $0.09 billion

Radius Bank is an FDIC insured institution located in Boston, MA. It was founded in 1987 and has approximately $1.02 billion in assets. Customers can open an account at one of its 3 branches.

For a more detailed analysis of Radius 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 Radius Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks, Radius Bank’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 23.09
Multifamily
Mortgages
4.20
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 6.25
Construction and Development Loans 2.14
Commercial Real Estate 22.04
Commercial and Industrial Loans 10.23
Farm Loans 0.00

Deposit Rates

Your Current Location: Virginia, VA 20146

Learn more about these great CD rates:

1.25% APY Online Savings Account from Ally Bank
1.60% APY 11 Month CD from Ally Bank

Savings Rates APY MIN MAX

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Radius Bank

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 2017

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Cornerstone Home Lending
NMLS ID: 119622
License#: MC-4673
3.896% 3.875% 0.25 $635 $1,176 Learn More
PenFed Credit Union
NMLS ID: 401822
3.957% 3.875% 0.00 $2,500 $1,176 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2017

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.240% $217.33 Learn More

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

Branches

Radius 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


Radius Bank Locations

Financial Details

Radius Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Radius 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
Radius Bank U.S. Bank Average
19.48% 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, Radius Bank had $18,755,000 in non-current loans and $223,000 in owned real estate. To cover these potential losses it had $92,600,000 in equity and $4,811,000 in loans loss reserves. That gives it a Texas Ratio of 19.48%. 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
Radius Bank U.S. Bank Average
3.19% 8.58

Radius Bank has a Return on Equity of 3.19% 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
Radius Bank U.S. Bank Average
9.04% 12.11

Radius Bank has a Capitalization of 9.04% 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.

Radius Bank Balance Sheet Analysis

As of June 30, 2017, Radius Bank had assets of $1,024,051,000, loans of $850,197,000, and deposits of $855,449,000. 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 Radius Bank

Branches and Savings

Is Radius Bank FDIC insured?

Yes. It is covered under FDIC Certificate #32551.

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

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

Why are Radius Bank CD rates not competitive?

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

Is Radius Bank a commercial bank?

Yes

Where are Radius Bank locations?

See branch locations nearby.

Is Radius Bank open on Saturdays?

Is Radius Bank open on Sundays?

What time does Radius Bank open?

What time does Radius Bank close?

Are Radius Bank ATMs Open 24/7?

Do Radius Bank ATMs accept cash deposits?

Can Radius Bank customers use other ATMs?

Do Radius Bank branches have notaries?

Will Radius Bank notarize my document?

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

Will the Radius Bank branch print checks?

Do Radius Bank checks expire?

Does Radius Bank require US citizenship to open account?

Can Radius Bank close my account?

Does Radius Bank Report to credit bureaus?

Does Radius Bank Use Equifax?

What is Radius Bank's ACH Routing Number?

What is Radius Bank's SWIFT code?

Products

Does Radius Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Radius Bank offer personal loans?

Compare personal loan rates here.

Does Radius Bank offer student loans?

Will Radius Bank cash a check?

Will Radius Bank redeem a savings bond?

Does Radius Bank cash savings bonds?

Will Radius Bank cash money orders?

Can Radius Bank issue a money order?

Does Radius Bank do currency exchange?

Background on The Bank

Who owns Radius Bank?

How long has Radius Bank been around?

Can Radius Bank transfer to other banks?

Does Radius Bank have quick pay?

Does Radius Bank accept rolled coins?

Will Radius Bank accept loose change?

Where is Radius Bank headquarters?

Customer Reviews for Radius Bank


  • new name for a dreadful bank

    December 13, 2016 |

    Online Savings Rates

    This was formerly First Trade Union bank. Use Ally, Barclays, Synchrony or some bank that provides a certain level of service.

  • Rich

    April 06, 2016

    Online Savings Rates

    Nice of them to keep lowering the rate by .04 at a time.

  • JC in CA

    March 17, 2016

    Savings Rates

    I had the same problem as Jason. The reason for my rejection was there were more than 2 hard pulls on my credit and that automatically results in a rejection. You have to wait 3 days for the system to clear before reapplying again.

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