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Overview / Commentary
215-579-4000
3 Penns Trail
Newtown, PA 18940

3rd Fed Bank is headquartered in Newtown and is the 42nd largest bank in the state of Pennsylvania. It is also the 798th largest bank in the nation. It was established in 1921 and as of December of 2013, it had grown to 203 employees at 19 locations. 3rd Fed Bank's money market rates are 59% higher than the national average, and it has a A health rating.

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Health

Data for Q4 2013

Institution Health

A

Texas Ratio

GRADE:
B+

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 3rd Fed Bank had $13.93 million in non-current loans and owned real-estate with $96.92 million in equity and loan loss allowances on hand to cover it. This gives 3rd Fed Bank a Texas Ratio of 14.38% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B+

The Texas Ratio for 3rd Fed Bank decreased slightly from 18.12% as of December 31, 2012 to 14.38% as of December 31, 2013, resulting in a positive change of 20.66%.This indicates that the balance sheet and financial strength for 3rd Fed Bank has improved slightly in recent periods.

Deposit Growth

GRADE:
A+

In the past year, 3rd Fed Bank has increased its total deposits by $125.77 million, resulting in 22.16% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth 3rd Fed Bank has shown is excellent.

Capitalization

GRADE:
A

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. 3rd Fed Bank has $839.43 million in assets with $96.92 million in equity, resulting in a capitalization level of 11.55%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #29132
Year Established1921
Employees203
Primary RegulatorFDIC
Assets and Liabilities
Assets$839.43 million
Loans$614.52 million
Deposits$693.37 million
Equity Capital$90.35 million
Loan Loss Allowance$6.58 million
Unbacked Noncurrent Loans$8.33 million
Real Estate Owned$5.60 million
Historic Data - December 2012
Assets$714.13 million
Equity Capital$79.00 million
Loan Loss Allowance$6.92 million
Unbacked Noncurrent Loans$8.33 million
Real Estate Owned$7.28 million
Profit Margin - Quarterly
Net Interest Margin3.61%
Return on Assets1.04%
Return on Equity9.52%
Interest Income$29.57 million
Rates

Always verify rates and promotions with the bank or credit union. We are not 3rd Fed Bank, we are a rate comparison website and can not provide official rates or promotions.

3rd Fed Bank Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.40%$20k-Select Savings
0.25%--Statement Holiday Club
0.25%--Statement Vacation Club
0.20%$200-Statement Savings
0.20%--Business Savings
0.20%$200-IRA Statement Savings
0.20%$25-Youth Statement Savings

3rd Fed Bank Money Market Rates

DetailsAPYMINMAXPRODUCT
0.70%$50k-Business Money Market
0.50%$250k-EverGreen Money Market
0.20%$5k-Emerald Money Market

3rd Fed Bank Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.55%$50k-Business Plus Checking
0.55%$50k-Business Analysis Plus Checking
0.20%$500-Interest Checking
0.20%$50-Platinum Checking

3rd Fed Bank CD Rates

DetailsAPYMINMAXPRODUCT
1.25%$500-60 Month CD
1.25%$500-120 Month CD
1.00%$500-48 Month CD
0.75%$500-36 Month CD
0.65%$500-30 Month CD
0.55%$500-24 Month CD
0.45%$500-15 Month CD
0.45%$500-18 Month CD
0.40%$500-12 Month CD
0.30%$500-6 Month CD
0.30%$500-7 Month CD
0.30%$500-9 Month CD
0.25%$500-3 Month CD

3rd Fed Bank IRA Rates

DetailsAPYMINMAXPRODUCT
1.25%$500-60 Month IRA
1.00%$500-48 Month IRA
0.75%$500-36 Month IRA
0.65%$500-30 Month IRA
0.55%$500-24 Month IRA
0.45%$500-15 Month IRA
0.45%$500-18 Month IRA
0.40%$500-12 Month IRA
0.30%$500-6 Month IRA
0.30%$500-7 Month IRA
0.25%$500-3 Month IRA
Locations

3rd Fed Bank has 14 locations. Click to view all 3rd Fed Bank locations.