VISIONBank

3000 25th Street South
Fargo, ND 58103

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 57892
Date Established 2004
Assets $0.19 billion
Loans $0.18 billion
Deposits $0.17 billion
Capital $0.02 billion

VISIONBank is an FDIC insured institution located in Fargo, ND. It was founded in 2004 and has approximately $0.19 billion in assets. Customers can open an account at one of its 3 branches.

For a more detailed analysis of VISIONBank'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 VISIONBank’s loan portfolio are Commercial and Industrial Loans, Commercial Real Estate, and 1-4 Family Residential Loans.

Compared to other banks in North Dakota, VISIONBank has a significantly higher percent of 1-4 Family Residential Loans, Small Business Loans, Commercial Real Estate, Commercial and Industrial 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 25.82
Multifamily
Mortgages
5.44
Credit Card Loans 0.00
Consumer Auto Loans 1.32
Small Business Loans 13.17
Construction and Development Loans 4.96
Commercial Real Estate 29.31
Commercial and Industrial Loans 30.29
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
0.30% $500 - Learn MoreShow Less
Premium Money Market Account
0.30% $1 $99,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.75% $500 - Learn MoreShow Less
6 Mo CD
1.00% $500 - Learn MoreShow Less
12 Mo CD
2.25% $500 - Learn MoreShow Less
18 Mo CD
2.52% $500 - Learn MoreShow Less
24 Mo CD
2.60% $500 - Learn MoreShow Less
36 Mo CD
2.75% $500 - Learn MoreShow Less
48 Mo CD
2.50% $500 - Learn MoreShow Less
60 Mo CD
2.60% $500 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
2.25% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.30% $100 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $400 - Learn MoreShow Less

Loan Rates - March 21, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for VISIONBank

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
Triangle Lending Group, Inc.
NMLS ID: 64446
License#: MC-5531
3.907% 3.875% 0.38 $972 $1,176 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.125% 5.125% 0.00 $0 $1,362 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
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info

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

Branches

VISIONBank 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


VISIONBank Locations


Financial Details

VISIONBank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of VISIONBank. 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
VISIONBank U.S. Bank Average
30.35% 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, VISIONBank had $6,555,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $19,329,000 in equity and $2,267,000 in loans loss reserves. That gives it a Texas Ratio of 30.35%.

Return on Equity
VISIONBank U.S. Bank Average
5.37% 9.95%

VISIONBank has a Return on Equity of 5.37% 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
VISIONBank U.S. Bank Average
9.95% 12.19%

VISIONBank has a Capitalization of 9.95% 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.

VISIONBank Balance Sheet Analysis

As of September 30, 2018, VISIONBank had assets of $194,272,000, loans of $175,690,000, and deposits of $168,632,000. 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 $0.18 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 $0.17 billion
LIABILITIES
Total deposits $0.17 billion
      Interest-bearing deposits $0.13 billion
      Deposits held in domestic offices $0.17 billion
      % insured (estimated) 84.46%
Federal funds purchased and repurchase agreements $0.01 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 $0.17 billion
      Shareholders’ Equity $0.02 billion

Summary Income Statement

September 30, 2018
INCOME AND EXPENSES
Total Interest Income $0.01 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 $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Frequently Asked Questions About Visionbank

Branches and Savings

Is Visionbank FDIC insured?

Yes. It is covered under FDIC Certificate #57892.

Why does Visionbank pay such low interest on savings accounts?

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

Why are Visionbank CD rates not competitive?

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

Is Visionbank a commercial bank?

Yes

Where are Visionbank locations?

See branch locations nearby.

Is Visionbank open on Saturdays?

Is Visionbank open on Sundays?

What time does Visionbank open?

What time does Visionbank close?

Are Visionbank ATMs Open 24/7?

Do Visionbank ATMs accept cash deposits?

Can Visionbank customers use other ATMs?

Do Visionbank branches have notaries?

Will Visionbank notarize my document?

What address for Visionbank should I put for incoming ACH transfers?

Will the Visionbank branch print checks?

Do Visionbank checks expire?

Does Visionbank require US citizenship to open account?

Can Visionbank close my account?

Does Visionbank Report to credit bureaus?

Does Visionbank Use Equifax?

What is Visionbank's ACH Routing Number?

What is Visionbank's SWIFT code?

Products

Does Visionbank offer mortgages?

Compare mortgage rates here.

Does Visionbank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Visionbank offer personal loans?

Compare personal loan rates here.

Does Visionbank offer student loans?

Will Visionbank cash a check?

Will Visionbank redeem a savings bond?

Does Visionbank cash savings bonds?

Will Visionbank cash money orders?

Can Visionbank issue a money order?

Does Visionbank do currency exchange?

Background on The Bank

Who owns Visionbank?

How long has Visionbank been around?

Can Visionbank transfer to other banks?

Does Visionbank have quick pay?

Does Visionbank accept rolled coins?

Will Visionbank accept loose change?

Where is Visionbank headquarters?

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