Wilmington Savings Fund Society, FSB

500 Delaware Avenue
Wilmington, DE 19801

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 17838
Date Established 1832
Assets $6.77 billion
Loans $4.62 billion
Deposits $4.93 billion
Capital $0.81 billion

Wilmington Savings Fund Society, FSB is an FDIC insured institution located in Wilmington, DE. It was founded in 1832 and has approximately $6.77 billion in assets. Customers can open an account at one of its 69 branches.

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

Compared to other banks in Delaware, Wilmington Savings Fund Society, FSB has a significantly higher percent of Commercial Real Estate 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 21.84
Multifamily
Mortgages
3.50
Credit Card Loans 0.02
Consumer Auto Loans 0.01
Small Business Loans 11.36
Construction and Development Loans 5.96
Commercial Real Estate 47.57
Commercial and Industrial Loans 18.38
Farm Loans 0.21

Savings Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.05% $2,500 $89,999 Learn MoreShow Less
3 Mo CD 100K
0.05% $90,000 - Learn MoreShow Less
6 Mo CD 10K
0.15% $2,500 $89,999 Learn MoreShow Less
6 Mo CD 100K
0.15% $90,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Savings 2.5K
0.03% $1 $9,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.30% $2,500 $9,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA 0K
0.01% $1 $4,999 Learn MoreShow Less
MM Rates APY MIN MAX
MM 2.5K
0.01% $1 $4,999 Learn MoreShow Less
MM 10K
0.08% $10,000 $24,999 Learn MoreShow Less
MM 25K
0.08% $25,000 $49,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.01% $1 $1,999 Learn MoreShow Less
Int Ckg 2.5K
0.01% $2,000 $9,999 Learn MoreShow Less
Checking Rates APY MIN FEE
WSFS Relationship Checking 0.05% $5,000 $15.00 Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

Home Equity Rates APR Rate Monthly Payment
Auto Loan Rates APR Rate Monthly Payment
3 Year 3.74% 3.74% $735.21 Learn MoreShow Less
4 Year 3.74% 3.74% $561.57 Learn MoreShow Less
5 Year 3.74% 3.74% $457.49 Learn MoreShow Less
Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

Wilmington Savings Fund Society, FSB 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


Wilmington Savings Fund Society, Fsb Locations

Financial Details

Wilmington Savings Fund Society, FSB Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Wilmington Savings Fund Society, FSB. 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
Wilmington Savings Fund Society, FSB U.S. Bank Average
4.73% 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, Wilmington Savings Fund Society, FSB had $37,831,000 in non-current loans and $2,121,000 in owned real estate. To cover these potential losses it had $805,023,000 in equity and $40,005,000 in loans loss reserves. That gives it a Texas Ratio of 4.73%. 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
Wilmington Savings Fund Society, FSB U.S. Bank Average
10.09% 8.58

Wilmington Savings Fund Society, FSB has a Return on Equity of 10.09% 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
Wilmington Savings Fund Society, FSB U.S. Bank Average
11.89% 12.11

Wilmington Savings Fund Society, FSB has a Capitalization of 11.89% 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.

Wilmington Savings Fund Society, FSB Balance Sheet Analysis

As of June 30, 2017, Wilmington Savings Fund Society, FSB had assets of $6,773,436,000, loans of $4,615,140,000, and deposits of $4,928,157,000. 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 Wilmington Savings Fund Society, FSB

Branches and Savings

Is Wilmington Savings Fund Society, FSB FDIC insured?

Yes. It is covered under FDIC Certificate #17838.

Why does Wilmington Savings Fund Society, FSB pay such low interest on savings accounts?

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

Why are Wilmington Savings Fund Society, FSB CD rates not competitive?

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

Is Wilmington Savings Fund Society, FSB a commercial bank?

Yes

Where are Wilmington Savings Fund Society, FSB locations?

See branch locations nearby.

Is Wilmington Savings Fund Society, FSB open on Saturdays?

Is Wilmington Savings Fund Society, FSB open on Sundays?

What time does Wilmington Savings Fund Society, FSB open?

What time does Wilmington Savings Fund Society, FSB close?

Are Wilmington Savings Fund Society, FSB ATMs Open 24/7?

Do Wilmington Savings Fund Society, FSB ATMs accept cash deposits?

Can Wilmington Savings Fund Society, FSB customers use other ATMs?

Do Wilmington Savings Fund Society, FSB branches have notaries?

Will Wilmington Savings Fund Society, FSB notarize my document?

What address for Wilmington Savings Fund Society, FSB should I put for incoming ACH transfers?

Will the Wilmington Savings Fund Society, FSB branch print checks?

Do Wilmington Savings Fund Society, FSB checks expire?

Does Wilmington Savings Fund Society, FSB require US citizenship to open account?

Can Wilmington Savings Fund Society, FSB close my account?

Does Wilmington Savings Fund Society, FSB Report to credit bureaus?

Does Wilmington Savings Fund Society, FSB Use Equifax?

What is Wilmington Savings Fund Society, FSB's ACH Routing Number?

What is Wilmington Savings Fund Society, FSB's SWIFT code?

Products

Does Wilmington Savings Fund Society, FSB offer mortgages?

Compare mortgage rates here.

Does Wilmington Savings Fund Society, FSB offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Wilmington Savings Fund Society, FSB offer personal loans?

Compare personal loan rates here.

Does Wilmington Savings Fund Society, FSB offer student loans?

Will Wilmington Savings Fund Society, FSB cash a check?

Will Wilmington Savings Fund Society, FSB redeem a savings bond?

Does Wilmington Savings Fund Society, FSB cash savings bonds?

Will Wilmington Savings Fund Society, FSB cash money orders?

Can Wilmington Savings Fund Society, FSB issue a money order?

Does Wilmington Savings Fund Society, FSB do currency exchange?

Background on The Bank

Who owns Wilmington Savings Fund Society, FSB?

How long has Wilmington Savings Fund Society, FSB been around?

Can Wilmington Savings Fund Society, FSB transfer to other banks?

Does Wilmington Savings Fund Society, FSB have quick pay?

Does Wilmington Savings Fund Society, FSB accept rolled coins?

Will Wilmington Savings Fund Society, FSB accept loose change?

Where is Wilmington Savings Fund Society, FSB headquarters?

Customer Reviews for Wilmington Savings Fund Society, FSB

There are currently no comments for Wilmington Savings Fund Society, FSB. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →