Ameriprise Bank FSB

Ameriprise Bank FSB Locations
901 3rd Avenue South
Minneapolis, MN 55402
(888) 356-1006
www.ameriprise.com
For more than 110 years, Ameriprise Bank has provided solutions to help people change how they think about their money. They have made financial planning about their clients—not just numbers. Treating each customer as an individual, Ameriprise has created customized plans tailored to their dreams and goals



Report an Issue
See Rates for: Checking | Savings | Money Market | CD

Ameriprise Bank FSB Checking Account Rates

ApyMinMaxProduct
0.05%--Ameriprise Bank, FSB Interest Checking
0.02%--Ameriprise Cash

Ameriprise Bank FSB Savings Account Rates

ApyMinMaxProduct
0.65%$100k-Ameriprise Achiever Circle Elite Advantage Savings
0.65%$100k-Ameriprise Achiever Circle Elite Personal Savings
0.55%$100k-Ameriprise Standard Advantage Savings
0.55%$100k-Ameriprise Standard Personal Savings
0.55%$100k-Ameriprise Achiever Circle Advantage Savings
0.55%$100k-Ameriprise Achiever Circle Personal Savings

Ameriprise Bank FSB Money Market Rates

ApyMinMaxProduct
0.20%--Ameriprise Bank, FSB Money Market
0.03%--Ameriprise Insured Money Market Account
0.01%--Dreyfus General Money Market Fund - Class A
0.00%--Dreyfus Cash Management - Participant Shares

Ameriprise Bank FSB CD Rates

ApyMinMaxProduct
1.45%$1m-60 Month CD
1.00%$1m-36 Month CD
0.95%$1m-12 Month CD
0.95%$1m-18 Month CD
0.95%$1m-24 Month CD
0.95%$1m-30 Month CD
0.70%$1m-6 Month CD
0.30%$1m-3 Month CD

Rates updated: 2/9/2012

Data for Q3 2011


Institution Statistics


Ameriprise Bank, FSB
OTS #18013
FDIC Certificate #58303
BankRate ReportView
Year Established2006
Employees108
Primary RegulatorOCC

Assets and Liabilities

Assets$5.03 billion
Loans$1.30 billion
Deposits$4.62 billion
Equity Capital$356.34 million
Loan Loss Allowance$15.84 million
Unbacked Noncurrent Loans$4.63 million
Real Estate Owned$654,000

Historic Data - September 2010

Assets$3.61 billion
Equity Capital$252.55 million
Loan Loss Allowance$15.68 million
Unbacked Noncurrent Loans$6.00 million
Real Estate Owned$1.25 million

Profit Margin - Quarterly

Net Interest Margin2.27%
Return on Assets0.63%
Return on Equity8.9%
Interest Income$89.15 million

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
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 September 30, 2011 Ameriprise Bank FSB had $5.28 million in non-current loans and owned real-estate with $372.18 million in equity and loan loss allowances on hand to cover it. This gives Ameriprise Bank FSB a Texas Ratio of 1.42% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend5
The Texas Ratio for Ameriprise Bank FSB decreased significantly from 2.70% as of September 30, 2010 to 1.42% as of September 30, 2011, resulting in a positive change of 47.53%.This indicates that the balance sheet and financial strength for Ameriprise Bank FSB has improved significantly in recent periods.
Deposit Growth5
In the past year, Ameriprise Bank FSB has increased its total deposits by $1.31 billion, resulting in 39.59% 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 Ameriprise Bank FSB has shown is excellent.
Capitalization2
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. Ameriprise Bank FSB has $5.03 billion in assets with $372.18 million in equity, resulting in a capitalization level of 7.40%, which is below average.
Write Review

No reviews have been left for this bank yet. Be the first to review.


 
Featured Savings Account
Nationwide Savings Accounts