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1 star rating based on 1 review.

Geauga Savings Bank

Geauga Savings Bank Locations
10800 Kinsman Road
Newbury, OH 44065
(800) 472-6250
www.geaugasavings.com

FDIC

Geauga Savings Bank is headquartered in Newbury and is the 53rd largest bank in the state of Ohio. It is also the 1,693rd largest bank in the nation. It was established in 1983 and as of December of 2012, it had grown to 44 employees at 1 location. Geauga Savings Bank has a 3-star health rating.

Geauga Savings Bank Routing Number: 241272202

Related Posts

4.61% 12-Month CD at Geauga Savings Bank in Ohio - Nationally Available - 9/26/2008

Geauga Savings Bank has come out with some very competitive CD specials. The most competitive is the 12-month term with a 4.61% APY. Below is the list of the three special CDs:CD rates as of 9/26/08:Term APY12 months 4.61%18 months ...

4.37% 12-Month CD at Geauga Savings Bank - 8/12/2008

Geauga Savings Bank has some competitive CD rates for terms of 12 to 36 months:CD rates as of 8/14/08:Term APY12 months 4.37%24 months 4.44%36 months 4.84%The minimum deposit is $25,000, and the maximum is $95,000. Interest is paid...

4.00% 18-Month CD at Geauga Savings Bank - Nationally Available - 6/6/2008

Geauga Savings Bank has some competitive CD rates for terms of 12 months and longer. The 12-month yield is 3.75% APY. A yield of 4.00% APY is available on terms from 18 months to 48 months. The minimum deposit is $1,000.I just called the bank at its...



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

Geauga Savings Bank Checking Account Rates

ApyMinMaxProduct
0.45%$2k-Advantage Direct Checking
0.35%$500-Super Checking

Geauga Savings Bank Savings Account Rates

ApyMinMaxProduct
0.70%$50k-High Yield Savings
0.10%$100-Statement Savings
0.10%--HSA Serious Savers

Geauga Savings Bank Money Market Rates

ApyMinMaxProduct
0.25%$10k-Money Market Account

Geauga Savings Bank CD Rates

ApyMinMaxProduct
1.50%$1k-60 Month CD
1.25%$1k-48 Month CD
1.00%$1k-24 Month CD
1.00%$1k-30 Month CD
1.00%$1k-36 Month CD
0.85%$1k-18 Month CD
0.40%$1k-12 Month CD
0.35%$1k-9 Month CD
0.30%$1k-6 Month CD
0.20%$1k-3 Month CD

Geauga Savings Bank IRA Rates

ApyMinMaxProduct
1.50%--60 Month IRA
1.50%--60 Month Roth IRA
1.50%--60 Month SEP IRA
1.50%--60 Month SIMPLE IRA
1.50%--60 Month CESA
1.25%--48 Month IRA
1.25%--48 Month Roth IRA
1.25%--48 Month SEP IRA
1.25%--48 Month SIMPLE IRA
1.25%--48 Month CESA
1.00%--24 Month IRA
1.00%--30 Month IRA
1.00%--36 Month IRA
1.00%--24 Month Roth IRA
1.00%--30 Month Roth IRA
1.00%--36 Month Roth IRA
1.00%--24 Month SEP IRA
1.00%--24 Month SIMPLE IRA
1.00%--30 Month SEP IRA
1.00%--30 Month SIMPLE IRA
1.00%--36 Month SEP IRA
1.00%--36 Month SIMPLE IRA
1.00%--24 Month CESA
1.00%--30 Month CESA
1.00%--36 Month CESA
0.85%--18 Month IRA
0.85%--18 Month Roth IRA
0.85%--18 Month SEP IRA
0.85%--18 Month SIMPLE IRA
0.85%--18 Month CESA
0.40%--12 Month IRA
0.40%--12 Month Roth IRA
0.40%--12 Month SEP IRA
0.40%--12 Month SIMPLE IRA
0.40%--12 Month CESA
0.35%--9 Month IRA
0.35%--9 Month Roth IRA
0.35%--9 Month SEP IRA
0.35%--9 Month SIMPLE IRA
0.35%--9 Month CESA
0.30%--6 Month IRA
0.30%--6 Month Roth IRA
0.30%--6 Month SEP IRA
0.30%--6 Month SIMPLE IRA
0.30%--6 Month CESA
0.20%--3 Month IRA
0.20%--3 Month Roth IRA
0.20%--3 Month SEP IRA
0.20%--3 Month SIMPLE IRA
0.20%--3 Month CESA

Rates updated: 5/21/2013

Data for Q4 2012


Institution Statistics


Geauga Savings Bank
FDIC Certificate #32287
BankRate ReportView
Year Established1983
Employees44
Primary RegulatorFDIC

Assets and Liabilities

Assets$392.41 million
Loans$188.57 million
Deposits$230.94 million
Equity Capital$44.86 million
Loan Loss Allowance$5.85 million
Unbacked Noncurrent Loans$19.46 million
Real Estate Owned$4.06 million

Historic Data - December 2011

Assets$418.63 million
Equity Capital$43.47 million
Loan Loss Allowance$6.80 million
Unbacked Noncurrent Loans$18.11 million
Real Estate Owned$7.19 million

Profit Margin - Quarterly

Net Interest Margin2.9%
Return on Assets0.23%
Return on Equity2.05%
Interest Income$16.00 million

Institution Health


Overall Score:
3 out of 5
3
Texas Ratio2
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 Geauga Savings Bank had $23.53 million in non-current loans and owned real-estate with $50.71 million in equity and loan loss allowances on hand to cover it. This gives Geauga Savings Bank a Texas Ratio of 46.39% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for Geauga Savings Bank held steady from 50.34% as of December 31, 2011 to 46.39% as of December 31, 2012, resulting in a positive change of 7.84%.This indicates that the balance sheet and financial strength for Geauga Savings Bank has held steady in recent periods.
Deposit Growth1
In the past year, Geauga Savings Bank has decreased its total deposits by -$26.85 million, resulting in -10.41% 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 Geauga Savings Bank has shown is poor.
Capitalization5
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. Geauga Savings Bank has $392.41 million in assets with $50.71 million in equity, resulting in a capitalization level of 12.92%, which is excellent.
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FEES TO GET YOUR MONEY OUT
1 stars - jasper - Thursday, January 31, 2013 - 7:28 AM

they did not have cash for a savings withdraw so they charged me for a check ! the date was 1-30-03. GREED! JIM P.

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