United Orient Bank

10 Chatham Square
New York, NY 10038

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 23373
Date Established 1981
Assets $0.09 billion
Loans $0.08 billion
Deposits $0.07 billion
Capital $0.01 billion

United Orient Bank is an FDIC insured institution located in New York, NY. It was founded in 1981 and has approximately $0.09 billion in assets. Customers can open an account at one of its 2 branches.

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

Compared to other banks in New York, United Orient Bank has a significantly higher percent of Multifamily Mortgages, Small Business 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 27.12
Multifamily
Mortgages
50.90
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 17.07
Construction and Development Loans 0.00
Commercial Real Estate 21.49
Commercial and Industrial Loans 1.91
Farm Loans 0.00

Deposit Rates - March 21, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.20% $500 $99,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.25% $500 - Learn MoreShow Less
6 Mo CD
0.40% $500 - Learn MoreShow Less
12 Mo CD
1.00% $500 - Learn MoreShow Less
18 Mo CD
1.00% $500 - Learn MoreShow Less
24 Mo CD
1.60% $500 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.00% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.20% $1,000 - Learn MoreShow Less

Loan Rates - March 21, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for United Orient 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 2019

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Payment
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NMLS ID: 401822
4.375% 4.250% 0.50 $3,750 $1,230 Learn More
Triangle Lending Group, Inc.
NMLS ID: 64446
License#: MC-5531
3.907% 3.875% 0.38 $972 $1,176 Learn More
Rocket Mortgage
NMLS ID: 3030
4.750% 4.750% 0.00 $0 $1,305 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
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Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
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Note to United Orient Bank
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Branches

United Orient 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


United Orient Bank Locations


Financial Details

United Orient Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of United Orient 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
United Orient Bank U.S. Bank Average
0.07% 7.34%

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 September 30, 2018, United Orient Bank had $10,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $13,135,000 in equity and $992,000 in loans loss reserves. That gives it a Texas Ratio of 0.07%.

Return on Equity
United Orient Bank U.S. Bank Average
5.41% 9.95%

United Orient Bank has a Return on Equity of 5.41% versus the BestCashCow average of 9.95%. 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 Orient Bank U.S. Bank Average
14.16% 12.19%

United Orient Bank has a Capitalization of 14.16% versus the BestCashCow average of 12.19. 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 Orient Bank Balance Sheet Analysis

As of September 30, 2018, United Orient Bank had assets of $92,784,000, loans of $79,353,000, and deposits of $73,029,000. 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, 2018
ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.01 billion
Total securities $0.00 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.08 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 $0.08 billion
LIABILITIES
Total deposits $0.07 billion
      Interest-bearing deposits $0.05 billion
      Deposits held in domestic offices $0.07 billion
      % insured (estimated) 81.74%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.01 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.08 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

September 30, 2018
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

Frequently Asked Questions About United Orient Bank

Branches and Savings

Is United Orient Bank FDIC insured?

Yes. It is covered under FDIC Certificate #23373.

Why does United Orient Bank pay such low interest on savings accounts?

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

Why are United Orient Bank CD rates not competitive?

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

Is United Orient Bank a commercial bank?

Yes

Where are United Orient Bank locations?

See branch locations nearby.

Is United Orient Bank open on Saturdays?

Is United Orient Bank open on Sundays?

What time does United Orient Bank open?

What time does United Orient Bank close?

Are United Orient Bank ATMs Open 24/7?

Do United Orient Bank ATMs accept cash deposits?

Can United Orient Bank customers use other ATMs?

Do United Orient Bank branches have notaries?

Will United Orient Bank notarize my document?

What address for United Orient Bank should I put for incoming ACH transfers?

Will the United Orient Bank branch print checks?

Do United Orient Bank checks expire?

Does United Orient Bank require US citizenship to open account?

Can United Orient Bank close my account?

Does United Orient Bank Report to credit bureaus?

Does United Orient Bank Use Equifax?

What is United Orient Bank's ACH Routing Number?

What is United Orient Bank's SWIFT code?

Products

Does United Orient Bank offer mortgages?

Compare mortgage rates here.

Does United Orient Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does United Orient Bank offer personal loans?

Compare personal loan rates here.

Does United Orient Bank offer student loans?

Will United Orient Bank cash a check?

Will United Orient Bank redeem a savings bond?

Does United Orient Bank cash savings bonds?

Will United Orient Bank cash money orders?

Can United Orient Bank issue a money order?

Does United Orient Bank do currency exchange?

Background on The Bank

Who owns United Orient Bank?

How long has United Orient Bank been around?

Can United Orient Bank transfer to other banks?

Does United Orient Bank have quick pay?

Does United Orient Bank accept rolled coins?

Will United Orient Bank accept loose change?

Where is United Orient Bank headquarters?

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