1 star ratingAverage User Rating:
1 star rating based on 2 reviews.

Banamex USA

Banamex USA Locations
2029 Century Park East, Suite 4200
Century City, CA 90067
800-222-1234
www.citibanamex.com

FDIC

Banamex USA is headquartered in Century City and is the 38th largest bank in the state of California. It is also the 451st largest bank in the nation. It was established in 1963 and as of March of 2013, it had grown to 260 employees at 11 locations. Banamex USA has a 5-star health rating.


Data for Q1 2013


Institution Statistics


Banamex USA
FDIC Certificate #18923
BankRate ReportView
Year Established1963
Employees260
Primary RegulatorFDIC

Assets and Liabilities

Assets$1.52 billion
Loans$472.62 million
Deposits$1.23 billion
Equity Capital$274.42 million
Loan Loss Allowance$27.10 million
Unbacked Noncurrent Loans$2.53 million

Historic Data - March 2012

Assets$1.41 billion
Equity Capital$281.34 million
Loan Loss Allowance$29.42 million
Unbacked Noncurrent Loans$3.61 million

Profit Margin - Quarterly

Net Interest Margin1.98%
Return on Assets-1.37%
Return on Equity-7.55%
Interest Income$7.68 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 March 31, 2013 Banamex USA had $2.53 million in non-current loans and owned real-estate with $301.52 million in equity and loan loss allowances on hand to cover it. This gives Banamex USA a Texas Ratio of 0.84% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend4
The Texas Ratio for Banamex USA decreased slightly from 1.16% as of March 31, 2012 to 0.84% as of March 31, 2013, resulting in a positive change of 27.60%.This indicates that the balance sheet and financial strength for Banamex USA has improved slightly in recent periods.
Deposit Growth5
In the past year, Banamex USA has increased its total deposits by $112.52 million, resulting in 10.09% 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 Banamex USA has shown is excellent.
Capitalization5
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. Banamex USA has $1.52 billion in assets with $301.52 million in equity, resulting in a capitalization level of 19.88%, which is excellent.
Write Review

The Worst Bank Ever!
1 stars - massahmo - Friday, April 12, 2013 - 9:02 PM

It's a real adventure dealing with this bank. They change the rules, or at least their interpretation of the rules, on a monthly basis. I am forced to use this bank, or I would have changed years ago. I have to send money to a town, that only has a Banamex. One month, they will not accept cash from me, and I had to buy a money order at a 7-11. The next month, they would not even accept a money order, but wanted a personal check. I tried to get my bank (Wells,Fargo) to send money to Banamex. Answer: Any bank but Banamex! I wonder why?

1

Opening An Account
1 stars - ernesto - Wednesday, December 26, 2012 - 3:37 PM

i went to open an accouunt and had the worst exprience with Patricia Rios. she made me lose time in Brownsville ,Texas she kept asking the same type of questions over and over intead of proceeding in to opening a new account. i asked her how many deposites can be done in a regular account with 25.00 dollars she could not explain, not only that but when she was with me she took a call where she lasted more than 10 minutes she is very unexpirience should not be working for a financial institution.

 

1
 
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