Fidelity Homestead Savings Bank

Fidelity Homestead Savings Bank Locations

201 St. Charles Avenue, 20th Floor
New Orleans, LA 70170
504-569-3418
www.fidelityhomestead.com

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Fidelity Homestead Association was formed on December 28, 1908, and is a mutual institution chartered by the state of Louisiana. "Homestead" is a term used only in Louisiana when referring to a savings and loan. The purpose of the savings and loan industry is to give people a safe place to save money and to provide funds for housing.

High-Yield Reward Checking Account at Fidelity Homestead Savings Bank in Louisiana - Local Only - 12/9/2010

Fidelity Homestead Savings Bank has a reward checking account with some above average rates. The following is a list of the rates and features if certain monthly requirements are met (as of 12/9/2010) ...

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

Fidelity Homestead Savings Bank Checking Account Rates

	Apy	Min	Max	Product
	0.15%	$50	-	Personal Checking

Fidelity Homestead Savings Bank Savings Account Rates

Apy	Min	Max	Product
0.15%	$50	-	Passbook Savings
0.15%	$100	-	Statement Savings
0.15%	-	-	Christmas Club
0.15%	-	-	Health Savings
0.15%	$100	-	AdvantEDGE Business Savings

Fidelity Homestead Savings Bank Money Market Rates

Apy	Min	Max	Product
1.00%	$1m	-	AdvantEDGE Business Money Market Account
0.40%	$75k	-	Money Market Fund

Fidelity Homestead Savings Bank CD Rates

Apy	Min	Max	Product
1.00%	$1k	-	5 Year CD
0.90%	$1k	-	5 Year Plus CD
0.85%	$1k	-	3 Year CD
0.75%	$1k	-	3 Year Plus CD
0.70%	$1k	-	2 1/2 Year CD
0.65%	$1k	-	2 Year CD
0.55%	$1k	-	1 1/2 Year CD
0.45%	$1k	-	1 Year CD
0.35%	$1k	-	1 Year Plus CD
0.30%	$1k	-	6 Month CD
0.25%	$1k	-	6 Month Plus CD
0.20%	$1k	-	3 Month CD

Fidelity Homestead Savings Bank IRA Rates

Apy	Min	Max	Product
2.00%	$1k	-	5 Year IRA
2.00%	$1k	-	5 Year Roth IRA
2.00%	$1k	-	5 Year CESA
0.90%	$1k	-	5 Year Plus IRA
0.90%	$1k	-	5 Year Plus Roth IRA
0.90%	$1k	-	5 Year Plus CESA
0.85%	$1k	-	3 Year IRA
0.85%	$1k	-	3 Year Roth IRA
0.85%	$1k	-	3 Year CESA
0.75%	$1k	-	3 Year Plus IRA
0.75%	$1k	-	3 Year Plus Roth IRA
0.75%	$1k	-	3 Year Plus CESA
0.70%	$1k	-	2 1/2 Year IRA
0.70%	$1k	-	2 1/2 Year Roth IRA
0.70%	$1k	-	2 1/2 Year CESA
0.65%	$1k	-	2 Year IRA
0.65%	$1k	-	2 Year Roth IRA
0.65%	$1k	-	2 Year CESA
0.55%	$1k	-	1 1/2 Year IRA
0.55%	$100	-	1 1/2 Year Variable IRA
0.55%	$1k	-	1 1/2 Year Roth IRA
0.55%	$100	-	1 1/2 Year Variable Roth IRA
0.55%	$1k	-	1 1/2 Year CESA
0.55%	$100	-	1 1/2 Year Variable CESA
0.45%	$1k	-	1 Year IRA
0.45%	$1k	-	1 Year Roth IRA
0.45%	$1k	-	1 Year CESA
0.35%	$1k	-	1 Year Plus IRA
0.35%	$1k	-	1 Year Plus Roth IRA
0.35%	$1k	-	1 Year Plus CESA
0.30%	$1k	-	6 Month IRA
0.30%	$1k	-	6 Month Roth IRA
0.30%	$1k	-	6 Month CESA
0.20%	$1k	-	3 Month IRA
0.20%	$1k	-	3 Month Roth IRA
0.20%	$1k	-	3 Month CESA

Rates updated: 5/25/2012

Data for Q1 2012

Institution Statistics

Fidelity Homestead Savings Bank
FDIC Certificate #	28316
BankRate Report	View
Year Established	1908
Employees	243
Primary Regulator	FDIC
Assets and Liabilities
Assets	$916.85 million
Loans	$384.44 million
Deposits	$787.06 million
Equity Capital	$126.07 million
Loan Loss Allowance	$4.93 million
Unbacked Noncurrent Loans	$7.83 million
Real Estate Owned	$5.44 million
Historic Data - March 2011
Assets	$975.74 million
Equity Capital	$126.19 million
Loan Loss Allowance	$8.04 million
Unbacked Noncurrent Loans	$8.84 million
Real Estate Owned	$457,000
Profit Margin - Quarterly
Net Interest Margin	2.81%
Return on Assets	-0.1%
Return on Equity	-0.73%
Interest Income	$8.40 million

Institution Health

Overall Score:

4 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 Fidelity Homestead Savings Bank had $13.27 million in non-current loans and owned real-estate with $131 million in equity and loan loss allowances on hand to cover it. This gives Fidelity Homestead Savings Bank a Texas Ratio of 10.13% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Fidelity Homestead Savings Bank held steady from 6.92% as of March 31, 2011 to 10.13% as of March 31, 2012, resulting in a negative change of 46.32%. This indicates that the balance sheet and financial strength for Fidelity Homestead Savings Bank has held steady in recent periods.
Deposit Growth
In the past year, Fidelity Homestead Savings Bank has decreased its total deposits by -$60.79 million, resulting in -7.17% 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 Fidelity Homestead Savings Bank has shown is poor.
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. Fidelity Homestead Savings Bank has $916.85 million in assets with $131 million in equity, resulting in a capitalization level of 14.29%, which is excellent.