United Community Bank of North Dakota

105 Central Avenue South
Leeds, ND 58346

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 10249
Date Established 1912
Assets $0.39 billion
Loans $0.27 billion
Deposits $0.34 billion
Capital $0.04 billion

United Community Bank of North Dakota is an FDIC insured institution located in Leeds, ND. It was founded in 1912 and has approximately $0.39 billion in assets. Customers can open an account at one of its 4 branches.

For a more detailed analysis of United Community Bank of North Dakota'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 United Community Bank of North Dakota’s loan portfolio are Farm Loans, Commercial and Industrial Loans, and Commercial Real Estate.

Compared to other banks in North Dakota, United Community Bank of North Dakota has a significantly higher percent of Multifamily Mortgages, Construction and Development 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 8.24
Multifamily
Mortgages
8.35
Credit Card Loans 0.21
Consumer Auto Loans 0.30
Small Business Loans 5.52
Construction and Development Loans 6.09
Commercial Real Estate 16.36
Commercial and Industrial Loans 20.37
Farm Loans 26.57

Deposit Rates - May 25, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.25% $2,500 $9,999 Learn MoreShow Less
Money Market
0.30% $10,000 $24,999 Learn MoreShow Less
Money Market
0.50% $25,000 - Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.30% $500 - Learn MoreShow Less
6 Mo CD
0.55% $500 - Learn MoreShow Less
12 Mo CD
1.55% $500 - Learn MoreShow Less
Special: 12 Mo CD
2.10% $5,000 - Learn MoreShow Less
18 Mo CD
1.90% $500 - Learn MoreShow Less
24 Mo CD
2.00% $500 - Learn MoreShow Less
36 Mo CD
2.10% $500 - Learn MoreShow Less
Special: 36 Mo CD
2.75% $5,000 - Learn MoreShow Less
48 Mo CD
2.15% $500 - Learn MoreShow Less
60 Mo CD
2.25% $500 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.55% $500 - Learn MoreShow Less
Special: 12 Mo FIRA
2.10% $5,000 - Learn MoreShow Less
Special: 36 Mo FIRA
2.75% $5,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
2.75% $25 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $500 $2,499 Learn MoreShow Less
Int Ckg
0.20% $2,500 $9,999 Learn MoreShow Less

Loan Rates - May 25, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for United Community Bank of North Dakota

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 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
4.750% 4.750% 0.00 $0 $1,305 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.250% 5.250% 0.00 $0 $1,381 Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
3.902% 3.875% 0.38 $832 $1,176 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info

Note to United Community Bank of North Dakota
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

United Community Bank of North Dakota 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


United Community Bank of North Dakota Locations


Financial Details

United Community Bank of North Dakota Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of United Community Bank of North Dakota. 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
United Community Bank of North Dakota U.S. Bank Average
12.05% 6.97%

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 December 31, 2018, United Community Bank of North Dakota had $5,824,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $43,527,000 in equity and $4,817,000 in loans loss reserves. That gives it a Texas Ratio of 12.05%.

Return on Equity
United Community Bank of North Dakota U.S. Bank Average
8.74% 8.80%

United Community Bank of North Dakota has a Return on Equity of 8.74% versus the BestCashCow average of 8.80%. 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
United Community Bank of North Dakota U.S. Bank Average
11.26% 12.29%

United Community Bank of North Dakota has a Capitalization of 11.26% versus the BestCashCow average of 12.29. 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.

United Community Bank of North Dakota Balance Sheet Analysis

As of December 31, 2018, United Community Bank of North Dakota had assets of $386,558,000, loans of $267,557,000, and deposits of $341,571,000. 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

December 31, 2018
ASSETS
Cash & Balances due from depository institutions $0.04 billion
Interest-bearing balances $0.00 billion
Total securities $0.04 billion
Federal funds sold and reverse repurchase $0.03 billion
Net loans and leases $0.27 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 $0.01 billion
     Total Assets $0.34 billion
LIABILITIES
Total deposits $0.34 billion
      Interest-bearing deposits $0.23 billion
      Deposits held in domestic offices $0.34 billion
      % insured (estimated) 62.21%
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 $0.34 billion
      Shareholders’ Equity $0.04 billion

Summary Income Statement

December 31, 2018
INCOME AND EXPENSES
Total Interest Income $0.02 billion
Total Interest Expense $0.00 billion
Net interest income $0.01 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 $0.00 billion

Frequently Asked Questions About United Community Bank Of North Dakota

Branches and Savings

Is United Community Bank Of North Dakota FDIC insured?

Yes. It is covered under FDIC Certificate #10249.

Why does United Community Bank Of North Dakota pay such low interest on savings accounts?

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

Why are United Community Bank Of North Dakota CD rates not competitive?

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

Is United Community Bank Of North Dakota a commercial bank?

Yes

Where are United Community Bank Of North Dakota locations?

See branch locations nearby.

Is United Community Bank Of North Dakota open on Saturdays?

Is United Community Bank Of North Dakota open on Sundays?

What time does United Community Bank Of North Dakota open?

What time does United Community Bank Of North Dakota close?

Are United Community Bank Of North Dakota ATMs Open 24/7?

Do United Community Bank Of North Dakota ATMs accept cash deposits?

Can United Community Bank Of North Dakota customers use other ATMs?

Do United Community Bank Of North Dakota branches have notaries?

Will United Community Bank Of North Dakota notarize my document?

What address for United Community Bank Of North Dakota should I put for incoming ACH transfers?

Will the United Community Bank Of North Dakota branch print checks?

Do United Community Bank Of North Dakota checks expire?

Does United Community Bank Of North Dakota require US citizenship to open account?

Can United Community Bank Of North Dakota close my account?

Does United Community Bank Of North Dakota Report to credit bureaus?

Does United Community Bank Of North Dakota Use Equifax?

What is United Community Bank Of North Dakota's ACH Routing Number?

What is United Community Bank Of North Dakota's SWIFT code?

Products

Does United Community Bank Of North Dakota offer mortgages?

Compare mortgage rates here.

Does United Community Bank Of North Dakota offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does United Community Bank Of North Dakota offer personal loans?

Compare personal loan rates here.

Does United Community Bank Of North Dakota offer student loans?

Will United Community Bank Of North Dakota cash a check?

Will United Community Bank Of North Dakota redeem a savings bond?

Does United Community Bank Of North Dakota cash savings bonds?

Will United Community Bank Of North Dakota cash money orders?

Can United Community Bank Of North Dakota issue a money order?

Does United Community Bank Of North Dakota do currency exchange?

Background on The Bank

Who owns United Community Bank Of North Dakota?

How long has United Community Bank Of North Dakota been around?

Can United Community Bank Of North Dakota transfer to other banks?

Does United Community Bank Of North Dakota have quick pay?

Does United Community Bank Of North Dakota accept rolled coins?

Will United Community Bank Of North Dakota accept loose change?

Where is United Community Bank Of North Dakota headquarters?

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