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800-828-5527
340 Fourth Ave
Pittsburgh, PA 15222

Dollar Bank is headquartered in Pittsburgh and is the 8th largest bank in the state of Pennsylvania. It is also the 142nd largest bank in the nation. It was established in 1984 and as of March of 2014, it had grown to 1,297 employees at 66 locations. Dollar Bank's savings rates are 2X the national average, and it has a A health rating.

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Reviews (4)

Fee Fee And More Fees

I have been with dollar bank for about 12 years. All about the fees !! constantly increasing !! they recently changed my account type with out notice and started to charge ATM fees along with a monthly service fee that just started to show up out of the blue. Currently looking for a new bank.

Very Happy

I've been with Dollar bank for 20 yrs. Excellent CS. Bank was established in 1884, not 1994 as stated in Overview. One of Pittsburgh's best banks.

Great Rates

I love the free money savings account, the rate is significantly higher than what other banks are offering. You also get 10 cents for swiping your debit card, so the cash rewards on the checking account are good. Customer service is good too, the people are friendly.

Already Belong

Already belong, they are a good solid local bank here. Very glad to see local with good rates again! Especially with the ING rate drop.



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 Dollar Bank had $38.61 million in non-current loans and owned real-estate with $786.36 million in equity and loan loss allowances on hand to cover it. This gives Dollar Bank a Texas Ratio of 4.91% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B+

The Texas Ratio for Dollar Bank decreased slightly from 5.96% as of March 31, 2013 to 4.91% as of March 31, 2014, resulting in a positive change of 17.65%.This indicates that the balance sheet and financial strength for Dollar Bank has improved slightly in recent periods.

Deposit Growth

GRADE:
B+

In the past year, Dollar Bank has increased its total deposits by $126.62 million, resulting in 2.36% 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 Dollar Bank has shown is above average.

Capitalization

GRADE:
A

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. Dollar Bank has $6.82 billion in assets with $786.36 million in equity, resulting in a capitalization level of 11.54%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #32245
Year Established1984
Employees1297
Primary RegulatorOCC
Assets and Liabilities
Assets$6.82 billion
Loans$5.18 billion
Deposits$5.49 billion
Equity Capital$745.62 million
Loan Loss Allowance$40.74 million
Unbacked Noncurrent Loans$34.76 million
Real Estate Owned$3.86 million
Historic Data - March 2013
Assets$6.70 billion
Equity Capital$693.41 million
Loan Loss Allowance$42.56 million
Unbacked Noncurrent Loans$34.76 million
Real Estate Owned$6.30 million
Profit Margin - Quarterly
Net Interest Margin2.85%
Return on Assets0.58%
Return on Equity5.26%
Interest Income$53.17 million
Rates

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

Dollar Bank Savings Account Rates

DetailsAPYMINMAXPRODUCT
1.05%-$20kFreeMONEY Savings
1.05%-$50kBusiness Relationship Savings
0.05%$250-Statement Savings
0.05%--Passbook Savings
0.05%--Non-Personal Statement Savings

Dollar Bank Money Market Rates

DetailsAPYMINMAXPRODUCT
0.20%-$5mNon-Personal Money Market Fund
0.05%--Premium Money Market Account
0.05%--Money Market Checking
0.05%--IRA Money Market Account
0.05%--IRA Premium Money Market Account

Dollar Bank Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.20%-$5mBusiness Checking with Interest
0.20%--IOLTA/IOTA
0.05%--Big Repo/Sweep
0.05%--Little Repo/Sweep
0.05%--Super Sweep

Dollar Bank CD Rates

DetailsAPYMINMAXPRODUCT
2.65%$1k-120 Month Ladder Growth Certificate
2.65%$1k-120 Month Ladder Income Certificate
2.60%$2,500-120 Month Traditional Growth Certificate
2.60%$2,500-120 Month Traditional Income Certificate
2.60%$2,500-120 Month Business Investment CD
2.05%$1k-60 Month Ladder Growth Certificate
2.05%$2,500$250k60 Month Relationship Growth Certificate
2.05%$1k-60 Month Ladder Income Certificate
2.05%$2,500$250k60 Month Relationship Income Certificate
2.00%$2,500-60 Month Traditional Growth Certificate
2.00%$2,500-72 Month Traditional Growth Certificate
2.00%$2,500-60 Month Traditional Income Certificate
2.00%$2,500-72 Month Traditional Income Certificate
2.00%$2,500-60 Month Business Investment CD
2.00%$2,500-72 Month Business Investment CD
1.30%$1k-48 Month Ladder Growth Certificate
1.30%$1k-48 Month Ladder Income Certificate
1.25%$2,500-48 Month Traditional Growth Certificate
1.25%$2,500-48 Month Traditional Income Certificate
1.25%$2,500-48 Month Business Investment CD
1.05%$1k-36 Month Ladder Growth Certificate
1.05%$1k-36 Month Ladder Income Certificate
1.00%$2,500-36 Month Traditional Growth Certificate
1.00%$2,500-36 Month Traditional Income Certificate
1.00%$2,500-36 Month Business Investment CD
0.55%$1k-30 Month Ladder Growth Certificate
0.55%$1k-30 Month Ladder Income Certificate
0.50%$2,500-30 Month Traditional Growth Certificate
0.50%$2,500-30 Month Traditional Income Certificate
0.50%$2,500-30 Month Business Investment CD
0.30%$2,500$250k18 Month Relationship Growth Certificate
0.30%$2,500$250k18 Month Relationship Income Certificate
0.30%$5k-24 Month Ladder Growth Certificate
0.30%$5k-24 Month Ladder Income Certificate
0.25%$2,500$250k12 Month Relationship Growth Certificate
0.25%$10k-24 Month Traditional Growth Certificate
0.25%$1k-18 Month Ladder Growth Certificate
0.25%$2,500$250k12 Month Relationship Income Certificate
0.25%$1k-18 Month Ladder Income Certificate
0.25%$10k-24 Month Traditional Income Certificate
0.25%$2,500-24 Month Business Investment CD
0.20%$1k-12 Month Ladder Growth Certificate
0.20%$2,500-18 Month Traditional Growth Certificate
0.20%$1k-12 Month Ladder Income Certificate
0.20%$2,500-18 Month Traditional Income Certificate
0.20%$2,500-18 Month Business Investment CD
0.15%$10k-12 Month Traditional Growth Certificate
0.15%$2,500-9 Month Traditional Growth Certificate
0.15%$2,500$250k6 Month Relationship Growth Certificate
0.15%$2,500$250k6 Month Relationship Income Certificate
0.15%$2,500-9 Month Traditional Income Certificate
0.15%$10k-12 Month Traditional Income Certificate
0.15%$2,500-9 Month Business Investment CD
0.15%$2,500-12 Month Business Investment CD
0.13%$2,500-12 Month Rising Rate Growth Certificate
0.13%$2,500-12 Month Rising Rate Income Certificate
0.10%$1k-6 Month Ladder Growth Certificate
0.10%$2,500-15 Month Bump Up Growth Certificate
0.10%$500-12 Month Flex Growth Certificate
0.10%$1k-6 Month Ladder Income Certificate
0.10%$500-12 Month Flex Income Certificate
0.10%$2,500-15 Month Bump Up Income Certificate
0.05%$2,500-3 Month Traditional Growth Certificate
0.05%$2,500-6 Month Traditional Growth Certificate
0.05%$2,500-3 Month Traditional Income Certificate
0.05%$2,500-6 Month Traditional Income Certificate
0.05%$2,500-Business 91 Day CD
0.05%$2,500-Business 7-13 Day CD
0.05%$2,500-Business 14-29 Day CD
0.05%$2,500-Business 30-89 Day CD
0.05%$2,500-Business 90-179 Day CD
0.05%$2,500-Business 180-182 Day CD
0.05%$2,500-6 Month Business Investment CD
0.03%$2,500-3 Month No Penalty Growth Certificate
0.03%$2,500-3 Month No Penalty Income Certificate

Dollar Bank IRA Rates

DetailsAPYMINMAXPRODUCT
2.65%$1,500-120 Month IRA Ladder
2.60%$500-120 Month Traditional Term IRA
2.05%$1,500-60 Month IRA Ladder
2.00%$500-60 Month Traditional Term IRA
2.00%$500-72 Month Traditional Term IRA
1.30%$1,500-48 Month IRA Ladder
1.25%$500-48 Month Traditional Term IRA
1.05%$1,500-36 Month IRA Ladder
1.00%$500-36 Month Traditional Term IRA
0.55%$1,500-30 Month IRA Ladder
0.50%$500-30 Month Traditional Term IRA
0.30%$1,500-24 Month IRA Ladder
0.25%$500-12 Month Relationship IRA
0.25%$1,500-18 Month IRA Ladder
0.25%$500-24 Month Traditional Term IRA
0.20%$1,500-12 Month IRA Ladder
0.20%$500-18 Month Traditional Term IRA
0.15%$500-9 Month Traditional Term IRA
0.15%$500-12 Month Traditional Term IRA
0.10%$1,500-6 Month IRA Ladder
0.05%$500-3 Month Traditional Term IRA
Locations

Dollar Bank has 66 locations. Click to view all Dollar Bank locations.