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
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, 2013 Ameriprise Financial had $0 in non-current loans and owned real-estate with $46.52 million in equity and loan loss allowances on hand to cover it. This gives Ameriprise Financial a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
The Texas Ratio for Ameriprise Financial increased slightly from 1.40% as of September 30, 2012 to 0.00% as of September 30, 2013, resulting in a positive change of 100.00%.This indicates that the balance sheet and financial strength for Ameriprise Financial has declined slightly in recent periods.
In the past year, Ameriprise Financial has decreased its total deposits by -$4.45 billion, resulting in -99.99% 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 Financial has shown is poor.
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 Financial has $52.23 million in assets with $46.52 million in equity, resulting in a capitalization level of 89.06%, which is excellent.
|FDIC Certificate #||58303|
|Assets and Liabilities|
|Equity Capital||$46.52 million|
|Loan Loss Allowance||$0|
|Real Estate Owned||$0|
|Historic Data - September 2012|
|Equity Capital||$420.60 million|
|Loan Loss Allowance||$0|
|Unbacked Noncurrent Loans||$0|
|Real Estate Owned||$485,000|
|Profit Margin - Quarterly|
|Net Interest Margin||1.26%|
|Return on Assets||3.41%|
|Return on Equity||4%|
Always verify rates and promotions with the bank or credit union. We are not Ameriprise Financial, we are a rate comparison website and can not provide official rates or promotions.
|0.40%||$25k||-||Ameriprise® Cash Reserve Savings Certificate|
|0.01%||-||-||Dreyfus General Money Market Fund - Class A|
|0.01%||-||-||Ameriprise Insured Money Market Account|
|0.00%||-||-||Dreyfus Cash Management - Administrative Shares|
|1.30%||$100k||-||36 Month Ameriprise® Flexible Savings Certificate|
|1.20%||$100k||-||30 Month Ameriprise® Flexible Savings Certificate|
|1.10%||$100k||-||24 Month Ameriprise® Flexible Savings Certificate|
|1.10%||$1m||$5m||13 Month Ameriprise® Flexible Savings Certificate|
|1.00%||$100k||-||18 Month Ameriprise® Flexible Savings Certificate|
|0.85%||$100k||-||12 Month Ameriprise® Flexible Savings Certificate|
|0.65%||$100k||-||6 Month Ameriprise® Flexible Savings Certificate|
|0.65%||$10k||-||7 Month Ameriprise® Flexible Savings Certificate|
|0.55%||$1k||-||3 Month Ameriprise® Installment Certificate|
|Ameriprise Financial Locations|
|Ameriprise National Trust Bank||901 3rd Avenue South||Minneapolis, MN 55402|