William Penn Bank

Headquarters

1309 South Woodbourne Road
Levittown, PA 19057
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.15% 1.40% →
1-Year CD 0.50% 1.15% →
2-Year CD 0.75% 1.26% →
5-Year CD 1.01% 1.60% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

William Penn Bank is an FDIC insured institution located in Levittown, PA. It was founded in 1870 and has approximately $0.44 billion in assets. Customers can open an account at one of its 3 branches.

FDIC Insured Yes
FDIC Certificate # 27799
Date Established 1870
Assets $ 444.60 million
Loans $ 321.92 million
Deposits $ 307.58 million
Capital $ 75.67 million
 

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

Deposit Rates - July 3, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.15% $100 - Learn More
Money Market
0.05% $1,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.25% $500 - Learn More
6 Mo CD
1.00% $500 - Learn More
12 Mo CD
0.50% $500 - Learn More
18 Mo CD
0.65% $500 - Learn More
24 Mo CD
0.75% $500 - Learn More
36 Mo CD
1.01% $500 - Learn More
48 Mo CD
1.01% $500 - Learn More
60 Mo CD
1.01% $500 - Learn More

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.50% $1,000 $99,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.05% $1,000 $29,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.15% $2,500 - Learn MoreShow Less

Loan Rates - July 3, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for William Penn 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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.039% 3.000% 0.50 $1,250 $1,055 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
Rocket Mortgage
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info

Note to William Penn Bank
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Branches

William Penn 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


William Penn Bank Locations


Financial Details

William Penn Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of William Penn 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
William Penn Bank U.S. Bank Average
2.84% 6.51%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its 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, 2019, William Penn Bank had $2,231,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $75,669,000 in equity and $2,988,000 in loans loss reserves. That gives it a Texas Ratio of 2.84%.

Return on Equity
William Penn Bank U.S. Bank Average
5.94% 9.41%

William Penn Bank has a Return on Equity of 5.94% versus the BestCashCow average of 9.41%. 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
William Penn Bank U.S. Bank Average
17.02% 12.82%

William Penn Bank has a Capitalization of 17.02% versus the BestCashCow average of 12.82. 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.

William Penn Bank Balance Sheet Analysis

As of December 31, 2019, William Penn Bank had assets of $444,604,000, loans of $321,916,000, and deposits of $307,579,000. 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, 2019
ASSETS
Cash & Balances due from depository institutions $ 41.08 million
Interest-bearing balances $ 38.09 million
Total securities $ 46.41 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 321.92 million
Loan loss allowance $ 2.99 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 5.91 million
All other assets $ 18.73 million
     Total Assets $ 368.94 million
LIABILITIES
Total deposits $ 307.58 million
      Interest-bearing deposits $ 289.52 million
      Deposits held in domestic offices $ 307.58 million
      % insured (estimated) 84.94%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 56.00 million
Subordinated debt N.A.
All other liabilities $ 5.36 million
      Total Liabilities $ 368.94 million
      Shareholders’ Equity $ 75.67 million

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income $ 18.23 million
Total Interest Expense $ 4.48 million
Net interest income $ 13.75 million
Provision for loan and lease losses N.A.
Total non interest income $ 1.27 million
Total non interest expense $ 10.12 million
Pre-tax Net Operating Income $ 4.90 million

Bank Loan Profile?

The top three loan types in William Penn Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks in Pennsylvania, William Penn Bank has a significantly higher percent of 1-4 Family Residential 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 77.05
Multifamily
Mortgages
3.11
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 11.63
Construction and Development Loans 3.22
Commercial Real Estate 16.83
Commercial and Industrial Loans 0.68
Farm Loans 0.00

Frequently Asked Questions About William Penn Bank

Branches and Savings

Is William Penn Bank FDIC insured?

Yes. It is covered under FDIC Certificate #27799.

Why does William Penn Bank pay such low interest on savings accounts?

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

Why are William Penn Bank CD rates not competitive?

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

Is William Penn Bank a commercial bank?

Yes

Where are William Penn Bank locations?

See branch locations nearby.

Is William Penn Bank open on Saturdays?

Is William Penn Bank open on Sundays?

What time does William Penn Bank open?

What time does William Penn Bank close?

Are William Penn Bank ATMs Open 24/7?

Do William Penn Bank ATMs accept cash deposits?

Can William Penn Bank customers use other ATMs?

Do William Penn Bank branches have notaries?

Will William Penn Bank notarize my document?

What address for William Penn Bank should I put for incoming ACH transfers?

Will the William Penn Bank branch print checks?

Do William Penn Bank checks expire?

Does William Penn Bank require US citizenship to open account?

Can William Penn Bank close my account?

Does William Penn Bank Report to credit bureaus?

Does William Penn Bank Use Equifax?

What is William Penn Bank's ACH Routing Number?

What is William Penn Bank's SWIFT code?

Products

Does William Penn Bank offer mortgages?

Compare mortgage rates here.

Does William Penn Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does William Penn Bank offer personal loans?

Compare personal loan rates here.

Does William Penn Bank offer student loans?

Will William Penn Bank cash a check?

Will William Penn Bank redeem a savings bond?

Does William Penn Bank cash savings bonds?

Will William Penn Bank cash money orders?

Can William Penn Bank issue a money order?

Does William Penn Bank do currency exchange?

Background on The Bank

Who owns William Penn Bank?

How long has William Penn Bank been around?

Can William Penn Bank transfer to other banks?

Does William Penn Bank have quick pay?

Does William Penn Bank accept rolled coins?

Will William Penn Bank accept loose change?

Where is William Penn Bank headquarters?

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