Community Financial Svcs Bank

221 West Fifth Street
Benton, KY 42025
(270) 527-6034
www.cfsbky.com

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Community Financial Svcs Bank is headquartered in Benton and is the 18^st largest bank in the state of Kentucky. It is also the 1,097^th largest bank in the nation. It was established in 1890 and as of December of 2012, it had grown to 172 employees at 6 locations. Community Financial Svcs Bank's savings rates are 92% higher than the national average, and it boasts a 5-star health rating.

New Kasasa Cash and Saver Accounts with Top Rates at CFSB - 3/14/2013

It has been awhile since I reviewed a new reward checking account. Most new reward checking accounts haven't been worthy of a blog post due to their disappointing low rates and/or balance caps. This o ...

Community Financial Services Bank Changing To Kasasa 3/11/13 (Forum) - 2/15/2013

Effective 3/11/13, in the middle of the qualification cycle, the bank is switching its free eRewards Checking account to Kasasa Cash. As a result, the following changes (bold) will occur: 1) Cap/rate currently: $20k / 3.05% remai

Community Financial Services Bank (Kentucky) RCA Change Effective 5/29/12 To 3.05%APY (Forum) - 5/24/2012

In this morning's Email: "... We are focused on keeping the rate on eRewards higher than any of our CD products. Beginning May 29th, the rate on this checking account will be adjusted to 3.01% with an APY of 3.05% Since the inception of eRewar

2.01% 21-Month CD Special At CFSB In Kentucky (Forum) - 8/19/2010

CFSB is a small bank with a few branches in western Kentucky. It's offering two rising rate CD specials with the following average APYs (as of 8/19/2010) 2.01% APY 21-Month CD 2.41% APY 35-Month CD Click on the details link for the bank's rate sheet

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See Rates for: Checking | Savings | CD | IRA

Community Financial Svcs Bank Checking Account Rates

Apy	Min	Max	Product
3.05%	-	$20k	Kasasa Cash
0.90%	$3m	-	Business Advantage Checking
0.15%	$5k	-	Prime Advantage Checking
0.12%	$2,500	-	Community Advantage Checking

Community Financial Svcs Bank Savings Account Rates

Apy	Min	Max	Product
1.00%	-	$30k	Kasasa Saver
0.60%	$250k	-	Advantage Savings
0.30%	$5k	-	Health Savings Account
0.30%	$5k	-	Business Health Savings Account
0.15%	$100	-	Value Savings
0.15%	-	-	Christmas Club

Community Financial Svcs Bank CD Rates

Apy	Min	Max	Product
1.61%	$1k	-	57 Month CD
1.52%	$100k	-	60 Month CD
1.21%	$100k	-	48 Month CD
1.07%	$1k	-	37 Month CD
0.90%	$100k	-	36 Month CD
0.80%	$100k	-	30 Month CD
0.77%	$1k	-	17 Month CD
0.75%	$100k	-	24 Month CD
0.40%	$100k	-	18 Month CD
0.35%	$100k	-	12 Month CD
0.25%	$1k	-	182 Day CD
0.15%	$1k	-	91 Day CD
0.10%	$1k	-	31 Day CD

Community Financial Svcs Bank IRA Rates

Apy	Min	Max	Product
1.61%	$1k	-	57 Month IRA
1.61%	$1k	-	57 Month CESA
1.61%	$1k	-	57 Month Roth IRA
1.52%	$100k	-	60 Month IRA
1.52%	$100k	-	60 Month Roth IRA
1.52%	$100k	-	60 Month CESA
1.21%	$100k	-	48 Month IRA
1.21%	$100k	-	48 Month Roth IRA
1.21%	$100k	-	48 Month CESA
1.07%	$1k	-	37 Month IRA
1.07%	$1k	-	37 Month CESA
1.07%	$1k	-	37 Month Roth IRA
0.90%	$100k	-	36 Month IRA
0.90%	$100k	-	36 Month Roth IRA
0.90%	$100k	-	36 Month CESA
0.80%	$100k	-	30 Month IRA
0.80%	$100k	-	30 Month Roth IRA
0.80%	$100k	-	30 Month CESA
0.77%	$1k	-	17 Month CESA
0.77%	$1k	-	17 Month IRA
0.77%	$1k	-	17 Month Roth IRA
0.75%	$100k	-	24 Month IRA
0.75%	$100k	-	24 Month Roth IRA
0.75%	$100k	-	24 Month CESA
0.40%	$100k	-	18 Month IRA
0.40%	$100k	-	18 Month Roth IRA
0.40%	$100k	-	18 Month CESA
0.35%	$100k	-	12 Month IRA
0.35%	$100k	-	12 Month Roth IRA
0.35%	$100k	-	12 Month CESA
0.25%	$1k	-	182 Day IRA
0.25%	$1k	-	182 Day Roth IRA
0.25%	$1k	-	182 Day CESA
0.18%	$500	-	12 Month Variable IRA
0.18%	$500	-	12 Month Variable Roth IRA
0.18%	$500	-	12 Month Variable CESA

Rates updated: 5/21/2013

Data for Q4 2012

Institution Statistics

Community Financial Services Bank
FDIC Certificate #	287
BankRate Report	View
Year Established	1890
Employees	172
Primary Regulator	FDIC
Assets and Liabilities
Assets	$610.43 million
Loans	$466.93 million
Deposits	$524.50 million
Equity Capital	$56.88 million
Loan Loss Allowance	$7.32 million
Unbacked Noncurrent Loans	$4.71 million
Real Estate Owned	$55,000
Historic Data - December 2011
Assets	$559.17 million
Equity Capital	$54.60 million
Loan Loss Allowance	$6.95 million
Unbacked Noncurrent Loans	$3.04 million
Real Estate Owned	$212,000
Profit Margin - Quarterly
Net Interest Margin	4.04%
Return on Assets	0.85%
Return on Equity	8.77%
Interest Income	$27.50 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 December 31, 2012 Community Financial Svcs Bank had $4.76 million in non-current loans and owned real-estate with $64.2 million in equity and loan loss allowances on hand to cover it. This gives Community Financial Svcs Bank a Texas Ratio of 7.42% 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 Community Financial Svcs Bank held steady from 5.28% as of December 31, 2011 to 7.42% as of December 31, 2012, resulting in a negative change of 40.33%. This indicates that the balance sheet and financial strength for Community Financial Svcs Bank has held steady in recent periods.
Deposit Growth
In the past year, Community Financial Svcs Bank has increased its total deposits by $51.97 million, resulting in 11% 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 Community Financial Svcs Bank has shown is excellent.
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. Community Financial Svcs Bank has $610.42 million in assets with $64.2 million in equity, resulting in a capitalization level of 10.52%, which is above average.