Suncrest Bank

501 West Main Street
Visalia, CA 93291

Notable Rates APY Vs.Others
Savings 0.20% 2.30% →
1-Year CD 0.45% 2.25% →
2-Year CD 0.50% 2.50% →
5-Year CD 1.06% 2.80% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Bank Information

Suncrest Bank is an FDIC insured institution located in Visalia, CA. It was founded in 2008 and has approximately $0.94 billion in assets. Customers can open an account at one of its 5 branches.

FDIC Insured Yes
FDIC Certificate # 58728
Date Established 2008
Assets $0.94 billion
Loans $0.64 billion
Deposits $0.79 billion
Capital $0.14 billion
 

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

Deposit Rates - December 7, 2019

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Money Market
0.01% $2,500 $9,999 Learn MoreShow Less
Money Market
0.03% $10,000 $24,999 Learn MoreShow Less
Money Market
0.05% $25,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
0.05% $1,000 $94,999 Learn MoreShow Less
3 Mo CD
0.10% $95,000 - Learn MoreShow Less
6 Mo CD
0.20% $1,000 $94,999 Learn MoreShow Less
6 Mo CD
0.25% $95,000 - Learn MoreShow Less
0.40% $1,000 $94,999 Learn MoreShow Less
12 Mo CD
0.45% $95,000 - Learn MoreShow Less
18 Mo CD
0.40% $1,000 $94,999 Learn MoreShow Less
18 Mo CD
0.45% $95,000 - Learn MoreShow Less
0.45% $1,000 $94,999 Learn MoreShow Less
24 Mo CD
0.50% $95,000 - Learn MoreShow Less
30 Mo CD
0.45% $1,000 $94,999 Learn MoreShow Less
30 Mo CD
0.50% $95,000 - Learn MoreShow Less
0.70% $1,000 $94,999 Learn MoreShow Less
36 Mo CD
0.75% $95,000 - Learn MoreShow Less
48 Mo CD
0.70% $1,000 $94,999 Learn MoreShow Less
48 Mo CD
0.75% $95,000 - Learn MoreShow Less
1.01% $1,000 $94,999 Learn MoreShow Less
60 Mo CD
1.06% $95,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.40% $1,000 $94,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.02% $1 $24,999 Learn MoreShow Less

Loan Rates - December 7, 2019

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Suncrest 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 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
4.875% 4.875% 0.00 $0 $1,324 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
3.625% 3.625% 0.00 ($65) $1,141 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
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
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$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

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

Branches

Suncrest 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


Suncrest Bank Locations


Financial Details

Suncrest Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Suncrest 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
Suncrest Bank U.S. Bank Average
5.16% 6.77%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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 June 30, 2019, Suncrest Bank had $7,290,000 in non-current loans and $314,000 in owned real estate. To cover these potential losses it had $141,938,000 in equity and $5,473,000 in loans loss reserves. That gives it a Texas Ratio of 5.16%.

Return on Equity
Suncrest Bank U.S. Bank Average
8.45% 9.50%

Suncrest Bank has a Return on Equity of 8.45% versus the BestCashCow average of 9.50%. 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
Suncrest Bank U.S. Bank Average
15.04% 12.76%

Suncrest Bank has a Capitalization of 15.04% versus the BestCashCow average of 12.76. 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.

Suncrest Bank Balance Sheet Analysis

As of June 30, 2019, Suncrest Bank had assets of $943,692,000, loans of $643,512,000, and deposits of $793,422,000. 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

June 30, 2019
ASSETS
Cash & Balances due from depository institutions $0.03 billion
Interest-bearing balances $0.02 billion
Total securities $0.16 billion
Federal funds sold and reverse repurchase $0.03 billion
Net loans and leases $0.64 billion
Loan loss allowance $0.01 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 $0.04 billion
All other assets $0.02 billion
     Total Assets $0.80 billion
LIABILITIES
Total deposits $0.79 billion
      Interest-bearing deposits $0.51 billion
      Deposits held in domestic offices $0.79 billion
      % insured (estimated) 57.67%
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 $0.80 billion
      Shareholders’ Equity $0.14 billion

Summary Income Statement

June 30, 2019
INCOME AND EXPENSES
Total Interest Income $0.02 billion
Total Interest Expense $0.00 billion
Net interest income $0.02 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.01 billion
Pre-tax Net Operating Income $0.01 billion

Bank Loan Profile?

The top three loan types in Suncrest Bank’s loan portfolio are Commercial Real Estate, Small Business Loans, and Commercial and Industrial Loans.

Compared to other banks in California, Suncrest 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 8.04
Multifamily
Mortgages
6.64
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 14.75
Construction and Development Loans 5.59
Commercial Real Estate 41.24
Commercial and Industrial Loans 9.23
Farm Loans 6.00

Frequently Asked Questions About Suncrest Bank

Branches and Savings

Is Suncrest Bank FDIC insured?

Yes. It is covered under FDIC Certificate #58728.

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

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

Why are Suncrest Bank CD rates not competitive?

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

Is Suncrest Bank a commercial bank?

Yes

Where are Suncrest Bank locations?

See branch locations nearby.

Is Suncrest Bank open on Saturdays?

Is Suncrest Bank open on Sundays?

What time does Suncrest Bank open?

What time does Suncrest Bank close?

Are Suncrest Bank ATMs Open 24/7?

Do Suncrest Bank ATMs accept cash deposits?

Can Suncrest Bank customers use other ATMs?

Do Suncrest Bank branches have notaries?

Will Suncrest Bank notarize my document?

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

Will the Suncrest Bank branch print checks?

Do Suncrest Bank checks expire?

Does Suncrest Bank require US citizenship to open account?

Can Suncrest Bank close my account?

Does Suncrest Bank Report to credit bureaus?

Does Suncrest Bank Use Equifax?

What is Suncrest Bank's ACH Routing Number?

What is Suncrest Bank's SWIFT code?

Products

Does Suncrest Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Suncrest Bank offer personal loans?

Compare personal loan rates here.

Does Suncrest Bank offer student loans?

Will Suncrest Bank cash a check?

Will Suncrest Bank redeem a savings bond?

Does Suncrest Bank cash savings bonds?

Will Suncrest Bank cash money orders?

Can Suncrest Bank issue a money order?

Does Suncrest Bank do currency exchange?

Background on The Bank

Who owns Suncrest Bank?

How long has Suncrest Bank been around?

Can Suncrest Bank transfer to other banks?

Does Suncrest Bank have quick pay?

Does Suncrest Bank accept rolled coins?

Will Suncrest Bank accept loose change?

Where is Suncrest Bank headquarters?

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