Collinsville Savings Society

136 Main Street
Canton, CT 6019
(860) 693-6936
www.collinsvillesavings.com

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Collinsville Savings Society is headquartered in Canton and is the 42^nd largest bank in the state of Connecticut. It is also the 3,893^rd largest bank in the nation. It was established in 1853 and as of March of 2012, it had grown to 27 employees at 2 locations. Collinsville Savings Society has a 2-star health rating.

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

Collinsville Savings Society Checking Account Rates

	Apy	Min	Max	Product
	0.05%	-	-	NOW Checking Account

Collinsville Savings Society Savings Account Rates

Apy	Min	Max	Product
0.10%	-	-	Regular Passbook Savings Account
0.10%	-	-	Statement Savings Account
0.10%	-	-	Holiday Savings Account

Collinsville Savings Society Money Market Rates

Apy	Min	Max	Product
0.15%	$5k	-	Money Market Account
0.15%	$5k	-	Business Money Market Account
0.15%	$1k	-	Sweet Deal Money Market Account
0.15%	$1k	-	Money Market IRA Account

Collinsville Savings Society CD Rates

Apy	Min	Max	Product
1.40%	$500	-	60 Month CD
1.20%	$500	-	48 Month CD
1.00%	$500	-	36 Month CD
0.75%	$500	-	24 Month CD
0.45%	$500	-	12 Month CD
0.30%	$500	-	The Choice 6 Month CD
0.30%	$500	-	6 Month CD
0.25%	$500	-	3 Month CD

Collinsville Savings Society IRA Rates

Apy	Min	Max	Product
1.40%	$500	-	60 Month IRA
1.40%	$500	-	42 Month IRA CD
1.40%	$500	-	42 Month Roth IRA CD
1.40%	$500	-	60 Month Roth IRA
1.40%	$500	-	42 Month SEP IRA CD
1.40%	$500	-	42 Month Coverdell ESA
1.40%	$500	-	60 Month SEP IRA
1.40%	$500	-	60 Month Coverdell ESA
0.75%	$500	-	24 Month IRA
0.75%	$500	-	24 Month Roth IRA
0.75%	$500	-	24 Month SEP IRA
0.75%	$500	-	24 Month Coverdell ESA
0.50%	-	-	90 Day Notice IRA
0.45%	$500	-	12 Month IRA
0.45%	$500	-	12 Month Roth IRA
0.45%	$500	-	12 Month SEP IRA
0.45%	$500	-	12 Month Coverdell ESA
0.30%	$500	-	6 Month IRA
0.30%	$500	-	6 Month Roth IRA
0.30%	$500	-	6 Month SEP IRA
0.30%	$500	-	6 Month Coverdell ESA

Rates updated: 5/24/2012

Data for Q1 2012

Institution Statistics

Collinsville Savings Society
FDIC Certificate #	18223
BankRate Report	View
Year Established	1853
Employees	27
Primary Regulator	FDIC
Assets and Liabilities
Assets	$148.85 million
Loans	$100.23 million
Deposits	$103.78 million
Equity Capital	$13.72 million
Loan Loss Allowance	$1.02 million
Unbacked Noncurrent Loans	$5.86 million
Real Estate Owned	$256,000
Historic Data - March 2011
Assets	$154.28 million
Equity Capital	$13.68 million
Loan Loss Allowance	$728,000
Unbacked Noncurrent Loans	$5.60 million
Profit Margin - Quarterly
Net Interest Margin	3.27%
Return on Assets	0.19%
Return on Equity	2.14%
Interest Income	$1.52 million

Institution Health

Overall Score:

2 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 Collinsville Savings Society had $6.12 million in non-current loans and owned real-estate with $14.74 million in equity and loan loss allowances on hand to cover it. This gives Collinsville Savings Society a Texas Ratio of 41.48% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Collinsville Savings Society held steady from 40.11% as of March 31, 2011 to 41.48% as of March 31, 2012, resulting in a negative change of 3.41%. This indicates that the balance sheet and financial strength for Collinsville Savings Society has held steady in recent periods.
Deposit Growth
In the past year, Collinsville Savings Society has decreased its total deposits by -$5.09 million, resulting in -4.68% 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 Collinsville Savings Society has shown is below 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. Collinsville Savings Society has $148.84 million in assets with $14.74 million in equity, resulting in a capitalization level of 9.90%, which is average.

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