Charleroi Federal Savings Bank

Charleroi Federal Savings Bank is headquartered in Charleroi and is the 63^rd largest bank in the state of Pennsylvania. It is also the 1,159^th largest bank in the nation. It was established in 1935 and as of March of 2012, it had grown to 76 employees at 9 locations. Charleroi Federal Savings Bank has a 5-star health rating.

Charleroi Federal Savings Bank Routing Number: 243373170

Charleroi Federal Savings Bank Checking Account Rates

Charleroi Federal Savings Bank Savings Account Rates

Charleroi Federal Savings Bank Money Market Rates

Charleroi Federal Savings Bank CD Rates

Charleroi Federal Savings Bank IRA Rates

Data for Q1 2012

Institution Statistics Charleroi Federal Savings Bank OTS # 03866 FDIC Certificate # 29672 BankRate Report View Year Established 1935 Employees 76 Primary Regulator OCC Assets and Liabilities Assets $582.57 million Loans $238.20 million Deposits $510.55 million Equity Capital $67.63 million Loan Loss Allowance $1.23 million Unbacked Noncurrent Loans $595,000 Real Estate Owned $1.04 million Historic Data - March 2011 Assets $572.21 million Equity Capital $65.75 million Loan Loss Allowance $1.20 million Unbacked Noncurrent Loans $856,000 Real Estate Owned $883,000 Profit Margin - Quarterly Net Interest Margin 1.7% Return on Assets 0.23% Return on Equity 1.94% Interest Income $4.65 million

Institution Health Overall Score: 5 out of 5 Texas Ratio 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, 2012 Charleroi Federal Savings Bank had $1.63 million in non-current loans and owned real-estate with $68.86 million in equity and loan loss allowances on hand to cover it. This gives Charleroi Federal Savings Bank a Texas Ratio of 2.37% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Charleroi Federal Savings Bank held steady from 2.60% as of March 31, 2011 to 2.37% as of March 31, 2012, resulting in a positive change of 8.86%.This indicates that the balance sheet and financial strength for Charleroi Federal Savings Bank has held steady in recent periods. Deposit Growth In the past year, Charleroi Federal Savings Bank has increased its total deposits by $7.82 million, resulting in 1.56% 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 Charleroi Federal Savings Bank has shown is above average. Capitalization 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. Charleroi Federal Savings Bank has $582.57 million in assets with $68.86 million in equity, resulting in a capitalization level of 11.82%, which is above average.

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