West Town Bank & Trust

7820 West 26th Street
North Riverside, IL 60546

West Town Bank & Trust
Notable Rates APY Vs.Others
Savings 0.20% 2.25% →
1-Year CD 1.51% 2.25% →
2-Year CD 2.02% 2.50% →
5-Year CD 2.27% 2.80% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Bank Information

West Town Bank & Trust is an FDIC insured institution located in North Riverside, IL. It was founded in 1922 and has approximately $0.27 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 28151
Date Established 1922
Assets $0.27 billion
Loans $0.22 billion
Deposits $0.23 billion
Capital $0.03 billion
 

For a more detailed analysis of West Town Bank & Trust's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - December 14, 2019

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Money Market
0.10% $2,501 $5,000 Learn MoreShow Less
Money Market
0.40% $10,001 $25,000 Learn MoreShow Less
Money Market
0.50% $25,001 $50,000 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.90% $1,000 - Learn MoreShow Less
6 Mo CD
1.10% $1,000 - Learn MoreShow Less
12 Mo CD
1.51% $1,000 - Learn MoreShow Less
18 Mo CD
1.51% $1,000 - Learn MoreShow Less
24 Mo CD
2.02% $1,000 - Learn MoreShow Less
36 Mo CD
2.02% $1,000 - Learn MoreShow Less
48 Mo CD
2.27% $1,000 - Learn MoreShow Less
60 Mo CD
2.27% $1,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.51% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $100 - Learn MoreShow Less

Loan Rates - December 14, 2019

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for West Town Bank & Trust

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
First Internet Bank
NMLS ID: 424182
3.537% 3.500% 0.50 $1,162 $1,123 Learn More
Rocket Mortgage
NMLS ID: 3030
4.919% 4.875% 0.00 $1,250 $1,324 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
3.625% 3.625% -0.13 ($222) $1,141 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.034% 4.990% 0.00 $1,250 $1,341 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
People's United Bank, N.A.
People's United Bank, N.A.
5.000 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
Intro APR
3.990 %
After Intro: 5.000 %
Intro Period: 12 months
$25,000 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
More Info

Note to West Town Bank & Trust
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

West Town Bank & Trust 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:
Fairfield,Connecticut


West Town Bank & Trust Locations


Financial Details

West Town Bank & Trust Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of West Town Bank & Trust. 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
West Town Bank & Trust U.S. Bank Average
14.24% 6.77%

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 June 30, 2019, West Town Bank & Trust had $3,290,000 in non-current loans and $2,069,000 in owned real estate. To cover these potential losses it had $34,246,000 in equity and $3,400,000 in loans loss reserves. That gives it a Texas Ratio of 14.24%.

Return on Equity
West Town Bank & Trust U.S. Bank Average
11.69% 9.50%

West Town Bank & Trust has a Return on Equity of 11.69% versus the BestCashCow average of 9.50%. 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
West Town Bank & Trust U.S. Bank Average
12.7% 12.76%

West Town Bank & Trust has a Capitalization of 12.7% versus the BestCashCow average of 12.76. 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.

West Town Bank & Trust Balance Sheet Analysis

As of June 30, 2019, West Town Bank & Trust had assets of $269,660,000, loans of $220,994,000, and deposits of $230,808,000. 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

June 30, 2019
ASSETS
Cash & Balances due from depository institutions $0.02 billion
Interest-bearing balances $0.02 billion
Total securities $0.01 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.22 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 $0.24 billion
LIABILITIES
Total deposits $0.23 billion
      Interest-bearing deposits $0.16 billion
      Deposits held in domestic offices $0.23 billion
      % insured (estimated) 78.17%
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 $0.24 billion
      Shareholders’ Equity $0.03 billion

Summary Income Statement

June 30, 2019
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 $0.01 billion
Pre-tax Net Operating Income $0.00 billion

Bank Loan Profile?

The top three loan types in West Town Bank & Trust’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and 1-4 Family Residential Loans.

Compared to other banks in Illinois, West Town Bank & Trust has a significantly higher percent of 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 23.48
Multifamily
Mortgages
3.24
Credit Card Loans 0.00
Consumer Auto Loans 0.02
Small Business Loans 7.27
Construction and Development Loans 0.09
Commercial Real Estate 38.52
Commercial and Industrial Loans 35.81
Farm Loans 0.23

Frequently Asked Questions About West Town Bank & Trust

Branches and Savings

Is West Town Bank & Trust FDIC insured?

Yes. It is covered under FDIC Certificate #28151.

Why does West Town Bank & Trust pay such low interest on savings accounts?

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

Why are West Town Bank & Trust CD rates not competitive?

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

Is West Town Bank & Trust a commercial bank?

Yes

Where are West Town Bank & Trust locations?

See branch locations nearby.

Is West Town Bank & Trust open on Saturdays?

Is West Town Bank & Trust open on Sundays?

What time does West Town Bank & Trust open?

What time does West Town Bank & Trust close?

Are West Town Bank & Trust ATMs Open 24/7?

Do West Town Bank & Trust ATMs accept cash deposits?

Can West Town Bank & Trust customers use other ATMs?

Do West Town Bank & Trust branches have notaries?

Will West Town Bank & Trust notarize my document?

What address for West Town Bank & Trust should I put for incoming ACH transfers?

Will the West Town Bank & Trust branch print checks?

Do West Town Bank & Trust checks expire?

Does West Town Bank & Trust require US citizenship to open account?

Can West Town Bank & Trust close my account?

Does West Town Bank & Trust Report to credit bureaus?

Does West Town Bank & Trust Use Equifax?

What is West Town Bank & Trust's ACH Routing Number?

What is West Town Bank & Trust's SWIFT code?

Products

Does West Town Bank & Trust offer mortgages?

Compare mortgage rates here.

Does West Town Bank & Trust offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does West Town Bank & Trust offer personal loans?

Compare personal loan rates here.

Does West Town Bank & Trust offer student loans?

Will West Town Bank & Trust cash a check?

Will West Town Bank & Trust redeem a savings bond?

Does West Town Bank & Trust cash savings bonds?

Will West Town Bank & Trust cash money orders?

Can West Town Bank & Trust issue a money order?

Does West Town Bank & Trust do currency exchange?

Background on The Bank

Who owns West Town Bank & Trust?

How long has West Town Bank & Trust been around?

Can West Town Bank & Trust transfer to other banks?

Does West Town Bank & Trust have quick pay?

Does West Town Bank & Trust accept rolled coins?

Will West Town Bank & Trust accept loose change?

Where is West Town Bank & Trust headquarters?

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*Should any logos, images or public notes appear on this page,they do so courtesy of West Town Bank & Trust and are not subject to approval of BestCashCow. BestCashCow expressly disclaims all responsibility for this content.dd