Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
800-888-2723
5 Vaughn Drive
Princeton, NJ 08540

College Savings Bank is headquartered in Princeton and is the 47th largest bank in the state of New Jersey. It is also the 1,354th largest bank in the nation. It was established in 1987 and as of March of 2014, it had grown to 18 employees at 1 location. College Savings Bank has a A health rating.

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



Health

Data for Q1 2014

Institution Health

A

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 College Savings Bank had $0 in non-current loans and owned real-estate with $43.69 million in equity and loan loss allowances on hand to cover it. This gives College Savings Bank a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Deposit Growth

GRADE:
A+

In the past year, College Savings Bank has increased its total deposits by $24.16 million, resulting in 6.44% 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 College Savings Bank has shown is excellent.

Capitalization

GRADE:
C

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. College Savings Bank has $497.82 million in assets with $43.69 million in equity, resulting in a capitalization level of 8.78%, which is average.

Institution Statistics

Overall
FDIC Certificate #27041
Year Established1987
Employees18
Primary RegulatorFDIC
Assets and Liabilities
Assets$497.82 million
Loans$230.52 million
Deposits$399.26 million
Equity Capital$43.59 million
Loan Loss Allowance$102,000
Real Estate Owned$0
Historic Data - March 2013
Assets$488.97 million
Equity Capital$45.51 million
Loan Loss Allowance$74,000
Unbacked Noncurrent Loans$0
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin1.17%
Return on Assets0.04%
Return on Equity0.46%
Interest Income$2.79 million
Rates
Skip to rates for:

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

College Savings Bank CD Rates

DetailsAPYMINMAXPRODUCT
0.83%$250-3 Year CD
0.47%$250-1 Year CD

College Savings Bank IRA Rates

DetailsAPYMINMAXPRODUCT
0.83%$250-3 Year IRA
0.47%$250-1 Year IRA
Locations


College Savings Bank Locations
College Savings Bank5 Vaughn DrivePrinceton, NJ 8540