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Overview / Commentary
417-451-0429
111 E Main St
Neosho, MO 64850

Boulevard Bank is headquartered in Neosho and is the 61st largest bank in the state of Missouri. It is also the 1,743rd largest bank in the nation. It was established in 1884 and as of December of 2013, it had grown to 70 employees at 2 locations. Boulevard Bank's money market rates are 14% higher than the national average, and it boasts a A+ health rating.

Reviews (1)

Boasts Ratings But Severaly Lacking In Customer Service

I happily have received the services I requested, but did not come by them easily. Customer service has been slow to understand the basic framework of their own business when I inquired about simple policies and options for my loan accounts and other payment options. Online banking accounts exist for 90 days and then you have to recreate them. Website is severely out of date. In the end all worked out ok, but I felt more knowledgeable and friendly on the phone than the people to which I spoke. I would not recommend using this bank if you are looking for fast, reliable service. Perhaps they are better in person, but online and over the phone, were not easy to deal with.



Health

Data for Q4 2013

Institution Health

A+

Texas Ratio

GRADE:
A+

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 Boulevard Bank had $1.17 million in non-current loans and owned real-estate with $50.89 million in equity and loan loss allowances on hand to cover it. This gives Boulevard Bank a Texas Ratio of 2.29% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for Boulevard Bank decreased dramatically from 6.45% as of December 31, 2012 to 2.29% as of December 31, 2013, resulting in a positive change of 64.46%.This indicates that the balance sheet and financial strength for Boulevard Bank has improved dramatically in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Boulevard Bank has increased its total deposits by $183.6 million, resulting in 132.73% 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 Boulevard 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. Boulevard Bank has $375.77 million in assets with $50.89 million in equity, resulting in a capitalization level of 13.54%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #30866
Year Established1884
Employees70
Primary RegulatorOCC
Assets and Liabilities
Assets$375.77 million
Loans$190.16 million
Deposits$321.92 million
Equity Capital$50.12 million
Loan Loss Allowance$771,000
Unbacked Noncurrent Loans$1.12 million
Real Estate Owned$45,000
Historic Data - December 2012
Assets$164.96 million
Equity Capital$14.73 million
Loan Loss Allowance$1.12 million
Unbacked Noncurrent Loans$1.12 million
Real Estate Owned$66,000
Profit Margin - Quarterly
Net Interest Margin4%
Return on Assets0.68%
Return on Equity3.88%
Interest Income$10.58 million
Rates

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

Boulevard Bank Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.50%$50-Health Savings Checking Account (HSA)
0.40%--Christmas Club Account
0.40%--Vacation Club
0.10%--Personal Savings Account

Boulevard Bank Money Market Rates

DetailsAPYMINMAXPRODUCT
0.50%$250k-Money Market Deposit Account

Boulevard Bank Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.60%$50-Go Green Checking
0.50%$100k-Non-Profit Community Checking
0.05%$50-Personal Checking Account

Boulevard Bank CD Rates

DetailsAPYMINMAXPRODUCT
1.65%$500-60 Month CD
1.10%$500-48 Month CD
1.00%$1k-36 Month CD Special
0.85%$500-24 Month CD
0.85%$1k-22 Month CD Special
0.65%$500-30 Month CD
0.50%$500-18 Month CD
0.45%$500-12 Month CD
0.35%$1k-9 Month CD
0.25%$1k-6 Month CD

Boulevard Bank IRA Rates

DetailsAPYMINMAXPRODUCT
1.65%$500-60 Month IRA
1.10%$500-48 Month IRA
1.00%$1k-36 Month IRA Special
0.85%$500-24 Month IRA
0.85%$1k-22 Month IRA Special
0.65%$500-30 Month IRA
0.50%$500-18 Month IRA
0.45%$500-12 Month IRA
0.35%$1k-9 Month IRA
0.25%$1k-6 Month IRA
Locations


Boulevard Bank Locations
Boulevard Bank111 E Main StNeosho, MO 64850
St. Louis Branch9800 Manchester RoadSaint Louis, MO 63119