TIAA, FSB

Headquarters

301 W Bay St
Jacksonville, FL 32202
See all branch locations →

Phone 1-855-260-8856

Notable Rates APY Vs.Others
Savings N.A. 3.05% →
1-Year CD N.A. 3.30% →
2-Year CD N.A. 3.56% →
5-Year CD N.A. 3.75% →
30-Year Mortgage 8.39% 6.31% →
15-Year Mortgage 7.93% 5.86% →
HELOC 5.50% 2.79% →

2022 Overview

General Bank Information

TIAA, FSB is an FDIC insured institution located in Jacksonville, FL. It was founded in 1998 and has approximately $37.94 billion in assets. Customers can open an account at one of its 15 branches.

FDIC Insured Yes
FDIC Certificate # 34775
Date Established 1998
Assets $ 37.94 billion
Loans $ 31.10 billion
Deposits $ 26.90 billion
Capital $ 3.89 billion
 

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

Deposit Rates - September 26, 2022

Your Current Location: California, CA 92111

Online Only Savings Rates of TIAA Bank / Everbank

Online Savings Rates APY MIN MAX
Basic Savings
1.70% $0 - Learn More

Online Only CD Rates of TIAA Bank / Everbank

Online CD Rates APY MIN MAX
Basic CD
0.90% $1,000 - Learn More
Basic CD
1.55% $1,000 - Learn More
Basic CD
2.75% $1,000 - Learn More
Basic CD
2.80% $1,000 - Learn More
Basic CD
3.05% $1,000 - Learn More
Basic CD
3.10% $1,000 - Learn More
Basic CD
3.15% $1,000 - Learn More
Basic CD
3.25% $1,000 - Learn More
Checking Rates APY MIN FEE
Yield Pledge Checking - 1st Year Intro Rate 0.10% $0 $0.00 Learn MoreShow Less

Bank Online Offers

 

Loan Rates - September 26, 2022

Your Current Location: California, CA 92111

Home Equity Rates APR Rate Monthly Payment
Refinance Mortgage Rates APR Rate Monthly Payment

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

TIAA, FSB 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:
San Diego,California


TIAA, FSB Locations



Climate Initiatives

TIAA, FSB is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

Financial Details

TIAA, FSB Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of TIAA, FSB. 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
TIAA, FSB U.S. Bank Average
39.55% 4.01%

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, 2022, TIAA, FSB had $1,622,206,000 in non-current loans and $9,944,000 in owned real estate. To cover these potential losses it had $3,891,108,000 in equity and $235,525,000 in loans loss reserves. That gives it a Texas Ratio of 39.55%.

Return on Equity
TIAA, FSB U.S. Bank Average
10.5% 9.01%

TIAA, FSB has a Return on Equity of 10.5% versus the BestCashCow average of 9.01%. 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
TIAA, FSB U.S. Bank Average
10.26% 10.66%

TIAA, FSB has a Capitalization of 10.26% versus the BestCashCow average of 10.66. 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.

TIAA, FSB Balance Sheet Analysis

As of March 31, 2022, TIAA, FSB had assets of $37,942,771,000, loans of $31,101,835,000, and deposits of $26,897,248,000. 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, 2022
ASSETS
Cash & Balances due from depository institutions $ 947.13 million
Interest-bearing balances $ 872.52 million
Total securities $ 4.68 billion
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 31.10 billion
Loan loss allowance $ 235.53 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 9.94 million
Goodwill and other intangibles $ 321.29 million
All other assets $ 852.07 million
     Total Assets $ 34.05 billion
LIABILITIES
Total deposits $ 26.90 billion
      Interest-bearing deposits $ 25.98 billion
      Deposits held in domestic offices $ 26.90 billion
      % insured (estimated) 79.80%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 6.57 billion
Subordinated debt N.A.
All other liabilities $ 583.93 million
      Total Liabilities $ 34.05 billion
      Shareholders’ Equity $ 3.89 billion

Summary Income Statement

March 31, 2022
INCOME AND EXPENSES
Total Interest Income $ 273.50 million
Total Interest Expense $ 60.00 million
Net interest income $ 213.50 million
Provision for loan and lease losses $ 7.29 million
Total non interest income $ 102.67 million
Total non interest expense $ 172.34 million
Pre-tax Net Operating Income $ 136.54 million

Bank Loan Profile?

The top three loan types in TIAA, FSB’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Multifamily Mortgages.

Compared to other banks, TIAA, FSB’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 48.03
Multifamily
Mortgages
6.61
Credit Card Loans 0.01
Consumer Auto Loans 0.00
Small Business Loans 0.03
Construction and Development Loans 0.31
Commercial Real Estate 10.64
Commercial and Industrial Loans 2.70
Farm Loans 0.00

Customer Reviews for TIAA, FSB


  • June 2, 2015

    This bank is run by masters of deception with all of their silly products aimed to cheating people out of their hard earned money. I bet that every one in the management suite has a rap sheet. I wouldn't even give them a red cent.

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