Commonwealth Bank & Trust Company

Commonwealth Bank & Trust Company Locations
4350 Brownsboro Road, Suite 310
Louisville, KY 40207
(502) 259-2500
www.cbandt.com



Commonwealth Bank & Trust Company is headquartered in Louisville and is the 13st largest bank in the state of Kentucky. It is also the 825th largest bank in the nation. It was established in 1887 and as of September of 2011, it had grown to 214 employees at 17 locations. Commonwealth Bank & Trust Company has a 3-star health rating.

Related Posts

Commonwealth Bank & Trust Company Drops Rate To 2.01% (From 2.50%) (Forum) - 1/12/2012

Dear Extreme Checking Customer,   Effective January 17, 2012, the Annual Percentage Yield (APY) on your maintenance fee free Extreme Checking account will change to the following:   2.01% APY for balances $0.01 to $10,000 0.40% APY for balances

Commonwealth Bank & Trust Dropped Their Limit... (Forum) - 9/15/2011

from (2.5%, $15K) to (2.5%, $10K); per FWF.

Commonwealth Bank And Trust Drops APY To 2.5% (Forum) - 6/16/2011

Just got an email from them saying: Effective June 17, 2011, the Annual Percentage Yield (APY) on your  Extreme Checking account will change to the following:    $0.01 to $15,000          

Commonwealth Bank Lowers Rate Cap To $15K (Forum) - 1/5/2011

I just received a letter in the mail today from Commonwealth Bank informing me that effective Feb 4, the Extreme Checking account will have a tier structure from .01 to $15000 and $15000.01+. The rate for Tier 1 balances will continue to be 3.25%, but the

2010

2008




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

Commonwealth Bank & Trust Company Checking Account Rates

ApyMinMaxProduct
2.01%-$10kExtreme Checking
1.50%$10k-Health Savings Checking Account
0.10%--Premium Checking
0.10%--Low Minimum Interest Checking

Commonwealth Bank & Trust Company Savings Account Rates

ApyMinMaxProduct
0.50%$50k-Prime Savings
0.13%--Statement Savings
0.13%$500-IRA Savings
0.13%$500-Roth IRA Savings
0.13%$500-Educational IRA Savings

Commonwealth Bank & Trust Company Money Market Rates

ApyMinMaxProduct
0.60%$100k-Personal Money Market Savings
0.40%$50k-Business Money Market Savings

Commonwealth Bank & Trust Company CD Rates

ApyMinMaxProduct
1.00%$500-3 Year CD
1.00%$500-4 Year CD
1.00%$500-5 Year CD
1.00%$500-Business 3 Year CD
1.00%$500-Business 4 Year CD
1.00%$500-Business 5 Year CD
0.65%$500-2 Year CD
0.65%$500-Business 2 Year CD
0.50%$500-7 Month CD Special
0.50%$500-Business 7 Month CD Special
0.40%$500-1 Year CD
0.40%$500-Business 1 Year CD
0.25%$500-6 Month CD
0.25%$500-Business 6 Month CD
0.15%$500-1 Month CD
0.15%$500-3 Month CD
0.15%$500-Business 1 Month CD
0.15%$500-Business 3 Month CD

Commonwealth Bank & Trust Company IRA Rates

ApyMinMaxProduct
1.00%$500-3 Year IRA
1.00%$500-4 Year IRA
1.00%$500-5 Year IRA
1.00%$500-3 Year Roth IRA
1.00%$500-4 Year Roth IRA
1.00%$500-5 Year Roth IRA
1.00%$500-3 Year Educational IRA
1.00%$500-4 Year Educational IRA
1.00%$500-5 Year Educational IRA
0.65%$500-2 Year IRA
0.65%$500-2 Year Roth IRA
0.65%$500-2 Year Educational IRA
0.40%$500-1 Year IRA
0.40%$500-1 Year Roth IRA
0.40%$500-1 Year Educational IRA
0.38%$500-2 Year Variable IRA
0.38%$500-2 Year Variable Roth IRA
0.38%$500-2 Year Variable Educational IRA
0.25%$500-6 Month IRA
0.25%$500-6 Month Roth IRA
0.25%$500-6 Month Educational IRA
0.15%$500-3 Month IRA
0.15%$500-3 Month Roth IRA
0.15%$500-3 Month Educational IRA

Rates updated: 2/11/2012

Data for Q3 2011


Institution Statistics


Commonwealth Bank and Trust Company
FDIC Certificate #10146
BankRate ReportView
Year Established1887
Employees214
Primary RegulatorFDIC

Assets and Liabilities

Assets$800.27 million
Loans$528.59 million
Deposits$634.87 million
Equity Capital$71.18 million
Loan Loss Allowance$5.54 million
Unbacked Noncurrent Loans$2.53 million
Real Estate Owned$15.46 million

Historic Data - September 2010

Assets$793.08 million
Equity Capital$72.55 million
Loan Loss Allowance$7.47 million
Unbacked Noncurrent Loans$17.70 million
Real Estate Owned$8.99 million

Profit Margin - Quarterly

Net Interest Margin3.44%
Return on Assets0.17%
Return on Equity2.12%
Interest Income$25.30 million

Institution Health


Overall Score:
3 out of 5
3
Texas Ratio3
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 September 30, 2011 Commonwealth Bank & Trust Company had $17.99 million in non-current loans and owned real-estate with $76.72 million in equity and loan loss allowances on hand to cover it. This gives Commonwealth Bank & Trust Company a Texas Ratio of 23.45% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend4
The Texas Ratio for Commonwealth Bank & Trust Company decreased slightly from 33.34% as of September 30, 2010 to 23.45% as of September 30, 2011, resulting in a positive change of 29.68%.This indicates that the balance sheet and financial strength for Commonwealth Bank & Trust Company has improved slightly in recent periods.
Deposit Growth3
In the past year, Commonwealth Bank & Trust Company has decreased its total deposits by $-975,000, resulting in -0.15% 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 Commonwealth Bank & Trust Company has shown is average.
Capitalization3
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. Commonwealth Bank & Trust Company has $800.26 million in assets with $76.72 million in equity, resulting in a capitalization level of 9.59%, which is average.
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