Urban Partnership Bank

7936 South Cottage Grove Avenue
Chicago, IL 60619

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 59051
Date Established 2010
Assets $0.50 billion
Loans $0.34 billion
Deposits $0.46 billion
Capital $0.04 billion

Urban Partnership Bank is an FDIC insured institution located in Chicago, IL. It was founded in 2010 and has approximately $0.5 billion in assets. Customers can open an account at one of its 11 branches.

For a more detailed analysis of Urban Partnership 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 Urban Partnership Bank’s loan portfolio are Multifamily Mortgages, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks in Illinois, Urban Partnership Bank has a significantly higher percent of Multifamily Mortgages 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 14.25
Multifamily
Mortgages
39.66
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 14.43
Construction and Development Loans 3.41
Commercial Real Estate 26.87
Commercial and Industrial Loans 22.24
Farm Loans 0.00

Savings Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.10% $500 $99,999 Learn MoreShow Less
3 Mo CD 100K
0.15% $100,000 - Learn MoreShow Less
6 Mo CD 10K
0.15% $500 $99,999 Learn MoreShow Less
6 Mo CD 100K
0.20% $100,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Savings 2.5K
0.10% $50 - Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.30% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA 0K
0.05% $1 $2,499 Learn MoreShow Less
MM Rates APY MIN MAX
MM 2.5K
0.10% $2,500 $9,999 Learn MoreShow Less
MM 10K
0.20% $10,000 $49,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.01% $1 $2,499 Learn MoreShow Less
Int Ckg 2.5K
0.01% $2,500 $9,999 Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Urban Partnership 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
Quicken Loans NMLS #3030
NMLS ID: 3030
4.248% 4.180% 0.50 $2,049 $1,220 Learn More
Rocket Mortgage
NMLS ID: 3030
4.248% 4.180% 0.50 $2,049 $1,220 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 Urban Partnership Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Urban Partnership 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


Urban Partnership Bank Locations

Financial Details

Urban Partnership Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Urban Partnership 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
Urban Partnership Bank U.S. Bank Average
52.67% 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, Urban Partnership Bank had $29,987,000 in non-current loans and $1,150,000 in owned real estate. To cover these potential losses it had $36,906,000 in equity and $22,212,000 in loans loss reserves. That gives it a Texas Ratio of 52.67%. 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
Urban Partnership Bank U.S. Bank Average
5.17% 8.58

Urban Partnership Bank has a Return on Equity of 5.17% 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
Urban Partnership Bank U.S. Bank Average
7.33% 12.11

Urban Partnership Bank has a Capitalization of 7.33% 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.

Urban Partnership Bank Balance Sheet Analysis

As of June 30, 2017, Urban Partnership Bank had assets of $503,178,000, loans of $337,715,000, and deposits of $462,383,000. 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 Urban Partnership Bank

Branches and Savings

Is Urban Partnership Bank FDIC insured?

Yes. It is covered under FDIC Certificate #59051.

Why does Urban Partnership Bank pay such low interest on savings accounts?

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

Why are Urban Partnership Bank CD rates not competitive?

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

Is Urban Partnership Bank a commercial bank?

Yes

Where are Urban Partnership Bank locations?

See branch locations nearby.

Is Urban Partnership Bank open on Saturdays?

Is Urban Partnership Bank open on Sundays?

What time does Urban Partnership Bank open?

What time does Urban Partnership Bank close?

Are Urban Partnership Bank ATMs Open 24/7?

Do Urban Partnership Bank ATMs accept cash deposits?

Can Urban Partnership Bank customers use other ATMs?

Do Urban Partnership Bank branches have notaries?

Will Urban Partnership Bank notarize my document?

What address for Urban Partnership Bank should I put for incoming ACH transfers?

Will the Urban Partnership Bank branch print checks?

Do Urban Partnership Bank checks expire?

Does Urban Partnership Bank require US citizenship to open account?

Can Urban Partnership Bank close my account?

Does Urban Partnership Bank Report to credit bureaus?

Does Urban Partnership Bank Use Equifax?

What is Urban Partnership Bank's ACH Routing Number?

What is Urban Partnership Bank's SWIFT code?

Products

Does Urban Partnership Bank offer mortgages?

Compare mortgage rates here.

Does Urban Partnership Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Urban Partnership Bank offer personal loans?

Compare personal loan rates here.

Does Urban Partnership Bank offer student loans?

Will Urban Partnership Bank cash a check?

Will Urban Partnership Bank redeem a savings bond?

Does Urban Partnership Bank cash savings bonds?

Will Urban Partnership Bank cash money orders?

Can Urban Partnership Bank issue a money order?

Does Urban Partnership Bank do currency exchange?

Background on The Bank

Who owns Urban Partnership Bank?

How long has Urban Partnership Bank been around?

Can Urban Partnership Bank transfer to other banks?

Does Urban Partnership Bank have quick pay?

Does Urban Partnership Bank accept rolled coins?

Will Urban Partnership Bank accept loose change?

Where is Urban Partnership Bank headquarters?

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