Windsor Federal Savings and Loan Association

250 Broad St
Windsor, CT 06095

Notable Rates APY Vs.Others
Savings 0.10% 2.25% →
1-Year CD 0.25% 2.25% →
2-Year CD 0.40% 2.50% →
5-Year CD 1.00% 2.80% →
30-Year Mortgage 5.10% 3.31% →
15-Year Mortgage 4.41% 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Bank Information

Windsor Federal Savings and Loan Association is an FDIC insured institution located in Windsor, CT. It was founded in 1935 and has approximately $0.52 billion in assets. Customers can open an account at one of its 11 branches.

FDIC Insured Yes
FDIC Certificate # 29632
Date Established 1935
Assets $0.52 billion
Loans $0.39 billion
Deposits $0.43 billion
Capital $0.06 billion
 

For a more detailed analysis of Windsor Federal Savings and Loan Association's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - December 16, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.15% $2,500 $9,999 Learn MoreShow Less
Money Market
0.15% $10,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.10% $10,000 $49,999 Learn MoreShow Less
6 Mo CD
0.15% $10,000 $49,999 Learn MoreShow Less
12 Mo CD
0.25% $10,000 $49,999 Learn MoreShow Less
18 Mo CD
0.30% $10,000 $49,999 Learn MoreShow Less
24 Mo CD
0.40% $10,000 $49,999 Learn MoreShow Less
30 Mo CD
0.45% $10,000 $49,999 Learn MoreShow Less
36 Mo CD
0.60% $10,000 $49,999 Learn MoreShow Less
48 Mo CD
0.80% $10,000 $49,999 Learn MoreShow Less
60 Mo CD
1.00% $10,000 $49,999 Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.25% $1,000 $9,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $500 $2,499 Learn MoreShow Less
Int Ckg
0.05% $2,500 $9,999 Learn MoreShow Less

Loan Rates - December 16, 2019

Your Current Location: Virginia, VA 20146

Home Equity Rates APR Rate Monthly Payment
Auto Loan Rates APR Rate Monthly Payment
3 Year 5.49% 5.49% $754.78
4 Year 5.49% 5.49% $581.30
5 Year 5.49% 5.49% $477.41
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

Windsor Federal Savings and Loan Association 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


Windsor Federal Savings and Loan Association Locations


Financial Details

Windsor Federal Savings and Loan Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Windsor Federal Savings and Loan Association. 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
Windsor Federal Savings and Loan Association U.S. Bank Average
4.16% 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, Windsor Federal Savings and Loan Association had $2,707,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $61,913,000 in equity and $3,106,000 in loans loss reserves. That gives it a Texas Ratio of 4.16%.

Return on Equity
Windsor Federal Savings and Loan Association U.S. Bank Average
6.33% 9.50%

Windsor Federal Savings and Loan Association has a Return on Equity of 6.33% 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
Windsor Federal Savings and Loan Association U.S. Bank Average
12.01% 12.76%

Windsor Federal Savings and Loan Association has a Capitalization of 12.01% 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.

Windsor Federal Savings and Loan Association Balance Sheet Analysis

As of June 30, 2019, Windsor Federal Savings and Loan Association had assets of $515,337,000, loans of $390,449,000, and deposits of $433,506,000. 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 $0.01 billion
Interest-bearing balances $0.00 billion
Total securities $0.09 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.39 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 $0.02 billion
     Total Assets $0.45 billion
LIABILITIES
Total deposits $0.43 billion
      Interest-bearing deposits $0.33 billion
      Deposits held in domestic offices $0.43 billion
      % insured (estimated) 80.66%
Federal funds purchased and repurchase agreements $0.01 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.01 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.45 billion
      Shareholders’ Equity $0.06 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 Windsor Federal Savings and Loan Association’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks, Windsor Federal Savings and Loan Association’s loan portfolio does not show any specific loan specialty.

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 39.31
Multifamily
Mortgages
2.39
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 10.69
Construction and Development Loans 4.42
Commercial Real Estate 27.77
Commercial and Industrial Loans 10.21
Farm Loans 0.03

Frequently Asked Questions About Windsor Federal Savings And Loan Association

Branches and Savings

Is Windsor Federal Savings And Loan Association FDIC insured?

Yes. It is covered under FDIC Certificate #29632.

Why does Windsor Federal Savings And Loan Association pay such low interest on savings accounts?

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

Why are Windsor Federal Savings And Loan Association CD rates not competitive?

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

Is Windsor Federal Savings And Loan Association a commercial bank?

Yes

Where are Windsor Federal Savings And Loan Association locations?

See branch locations nearby.

Is Windsor Federal Savings And Loan Association open on Saturdays?

Is Windsor Federal Savings And Loan Association open on Sundays?

What time does Windsor Federal Savings And Loan Association open?

What time does Windsor Federal Savings And Loan Association close?

Are Windsor Federal Savings And Loan Association ATMs Open 24/7?

Do Windsor Federal Savings And Loan Association ATMs accept cash deposits?

Can Windsor Federal Savings And Loan Association customers use other ATMs?

Do Windsor Federal Savings And Loan Association branches have notaries?

Will Windsor Federal Savings And Loan Association notarize my document?

What address for Windsor Federal Savings And Loan Association should I put for incoming ACH transfers?

Will the Windsor Federal Savings And Loan Association branch print checks?

Do Windsor Federal Savings And Loan Association checks expire?

Does Windsor Federal Savings And Loan Association require US citizenship to open account?

Can Windsor Federal Savings And Loan Association close my account?

Does Windsor Federal Savings And Loan Association Report to credit bureaus?

Does Windsor Federal Savings And Loan Association Use Equifax?

What is Windsor Federal Savings And Loan Association's ACH Routing Number?

What is Windsor Federal Savings And Loan Association's SWIFT code?

Products

Does Windsor Federal Savings And Loan Association offer mortgages?

Compare mortgage rates here.

Does Windsor Federal Savings And Loan Association offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Windsor Federal Savings And Loan Association offer personal loans?

Compare personal loan rates here.

Does Windsor Federal Savings And Loan Association offer student loans?

Will Windsor Federal Savings And Loan Association cash a check?

Will Windsor Federal Savings And Loan Association redeem a savings bond?

Does Windsor Federal Savings And Loan Association cash savings bonds?

Will Windsor Federal Savings And Loan Association cash money orders?

Can Windsor Federal Savings And Loan Association issue a money order?

Does Windsor Federal Savings And Loan Association do currency exchange?

Background on The Bank

Who owns Windsor Federal Savings And Loan Association?

How long has Windsor Federal Savings And Loan Association been around?

Can Windsor Federal Savings And Loan Association transfer to other banks?

Does Windsor Federal Savings And Loan Association have quick pay?

Does Windsor Federal Savings And Loan Association accept rolled coins?

Will Windsor Federal Savings And Loan Association accept loose change?

Where is Windsor Federal Savings And Loan Association headquarters?

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