4 star ratingAverage User Rating:
4 star rating based on 1 review.

Citizens & Northern Bank

Citizens & Northern Bank Locations
90-92 Main Street
Wellsboro, PA 16901
570-724-3411
www.cnbankpa.com

FDIC

Citizens & Northern Bank is headquartered in Wellsboro and is the 23rd largest bank in the state of Pennsylvania. It is also the 520th largest bank in the nation. It was established in 1864 and as of December of 2012, it had grown to 292 employees at 26 locations. Citizens & Northern Bank has a 5-star health rating.

Related Posts

3.00% Reward Checking Account at Citizens & Northern Bank in PA - Local Only - 12/17/2009

Citizens & Northern Bank is offering a high-yield reward checking account called e-z Money Checking. It has the following rates if certain monthly requirements are met:3.00% APY on balances up to $30,0001.00% on portion of balance over $30,0000.20%...



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See Rates for: Checking | Savings | Money Market | CD | IRA

Citizens & Northern Bank Checking Account Rates

ApyMinMaxProduct
0.35%-$30ke-z Money Checking
0.10%$2,500-Interest Checking
0.10%$2,500-Business Interest Checking

Citizens & Northern Bank Savings Account Rates

ApyMinMaxProduct
0.10%--Savings Account
0.10%--Christmas Club
0.10%$200-Key Savings

Citizens & Northern Bank Money Market Rates

ApyMinMaxProduct
0.35%$500k-Consumer Super Money Fund

Citizens & Northern Bank CD Rates

ApyMinMaxProduct
1.26%$100k-60 Month CD
1.00%$100k-48 Month CD
0.80%$100k-36 Month CD
0.55%$100k-24 Month CD
0.50%$10k-Roll Up 60 Month CD
0.40%$100k-18 Month CD
0.35%$100k-12 Month CD
0.30%$10k-Roll Up 48 Month CD
0.25%$100k-6 Month CD
0.20%$10k-Roll Up 36 Month CD
0.20%$5k-e-z Access Advantage 36 Month CD

Citizens & Northern Bank IRA Rates

ApyMinMaxProduct
1.26%$100k-IRA CD 60 Month
1.00%$100k-IRA CD 48 Month
0.80%$100k-IRA CD 36 Month
0.25%--IRA Variable CD 18 Month
0.25%--ESA Variable CD 18 Month

Rates updated: 5/21/2013

Data for Q4 2012


Institution Statistics


Citizens & Northern Bank
FDIC Certificate #7799
BankRate ReportView
Year Established1864
Employees292
Primary RegulatorFDIC

Assets and Liabilities

Assets$1.27 billion
Loans$679.60 million
Deposits$1.01 billion
Equity Capital$168.54 million
Loan Loss Allowance$6.86 million
Unbacked Noncurrent Loans$8.99 million
Real Estate Owned$879,000

Historic Data - December 2011

Assets$1.31 billion
Equity Capital$154.47 million
Loan Loss Allowance$7.71 million
Unbacked Noncurrent Loans$8.01 million
Real Estate Owned$1.24 million

Profit Margin - Quarterly

Net Interest Margin3.93%
Return on Assets1.7%
Return on Equity13.69%
Interest Income$56.24 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 December 31, 2012 Citizens & Northern Bank had $9.86 million in non-current loans and owned real-estate with $175.4 million in equity and loan loss allowances on hand to cover it. This gives Citizens & Northern Bank a Texas Ratio of 5.62% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for Citizens & Northern Bank held steady from 5.56% as of December 31, 2011 to 5.62% as of December 31, 2012, resulting in a negative change of 1.11%. This indicates that the balance sheet and financial strength for Citizens & Northern Bank has held steady in recent periods.
Deposit Growth2
In the past year, Citizens & Northern Bank has decreased its total deposits by -$11.58 million, resulting in -1.13% 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 Citizens & Northern Bank has shown is below average.
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. Citizens & Northern Bank has $1.27 billion in assets with $175.4 million in equity, resulting in a capitalization level of 13.76%, which is excellent.
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Great Service And Rates!
4 stars - Lurch7284 - Monday, September 13, 2010 - 10:36 AM

I opened an account with C&N's NY affiliate (First State Bank) in January 2009.  I was originally attracted by the high rewards check rates (3.5% at the time), however the rates have dropped to 2% since then.

 

I don't live near a branch office, so most of my activity is carried out online.  However, when I've needed assistance the staff has been really accomodating.

 

My one complaint is that C&N is not compatible with Mint.com and based on their responses to my inquiries, they have no plans to change this.

3
 
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