Genesee Regional Bank

3380 Monroe Avenue
Rochester, NY 14618
585-249-1540
www.grbbank.com

FDIC

OverView
Rates
Health
Reviews

Genesee Regional Bank is headquartered in Rochester and is the 95^th largest bank in the state of New York. It is also the 1,960^th largest bank in the nation. It was established in 1985 and as of December of 2012, it had grown to 54 employees at 3 locations. Genesee Regional Bank has a 4-star health rating.

Genesee Regional Bank in Rochester, NY, Dropping the Rate On Its Variable CDs Tomorrow (Forum) - 3/5/2012

A week ago, I posted about the rates on the bank's 24-month and 48-month Variable CDs, here. They have just alerted me that today is the last day for those rates. Tomorrow they will be dropping them. They say they will "honor any inquiries and a

Genesee Regional Bank In Rochester Offering 2-Year CD At 1.63% APY, 4-Year At 2.11% APY, Available Nationally -- And Can Rise (Forum) - 2/28/2012

Genesee Regional Bank, in Rochester, NY, is offering a 24-month Variable CD at 1.63% APY. It is offering a 48-month Variable CD at 2.11% APY. These CDs are available nationally. They can be opened in branch of course, but also via mail, fax or secure e-ma

Report an Issue

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

Genesee Regional Bank Checking Account Rates

Apy	Min	Max	Product
0.60%	$150k	-	Super NOW
0.10%	$2,500	-	Business Checking with Interest
0.10%	$1k	-	Now Account
0.10%	$50	-	College Checking

Genesee Regional Bank Savings Account Rates

Apy	Min	Max	Product
0.25%	$25k	-	Health Savings Account
0.10%	$100	-	Statement Savings
0.10%	$25	-	Statement Junior Savings

Genesee Regional Bank Money Market Rates

	Apy	Min	Max	Product
	0.55%	$50k	-	Money Market Account

Genesee Regional Bank CD Rates

Apy	Min	Max	Product
0.98%	$500	-	36 Month Variable CD
0.75%	$500	-	60 Month CD
0.70%	$500	-	48 - 59 Month CD
0.65%	$500	-	36 - 47 Month CD
0.65%	$500	-	24 Month Variable CD
0.60%	$500	-	30 - 35 Month CD
0.50%	$500	-	24 - 29 Month CD
0.45%	$500	-	18 - 23 Month CD
0.40%	$500	-	12 - 17 Month CD
0.30%	$500	-	6 - 11 Month CD
0.25%	$500	-	7 - 31 Day CD
0.25%	$500	-	32 - 150 Day CD

Rates updated: 5/22/2013

Data for Q4 2012

Institution Statistics

Genesee Regional Bank
FDIC Certificate #	26333
BankRate Report	View
Year Established	1985
Employees	54
Primary Regulator	FDIC
Assets and Liabilities
Assets	$334.78 million
Loans	$204.59 million
Deposits	$303.99 million
Equity Capital	$29.76 million
Loan Loss Allowance	$1.94 million
Unbacked Noncurrent Loans	$3.39 million
Historic Data - December 2011
Assets	$283.34 million
Equity Capital	$27.72 million
Loan Loss Allowance	$1.48 million
Unbacked Noncurrent Loans	$569,000
Profit Margin - Quarterly
Net Interest Margin	3.66%
Return on Assets	1.01%
Return on Equity	11.02%
Interest Income	$13.29 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 December 31, 2012 Genesee Regional Bank had $3.38 million in non-current loans and owned real-estate with $31.71 million in equity and loan loss allowances on hand to cover it. This gives Genesee Regional Bank a Texas Ratio of 10.68% 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 Genesee Regional Bank increased slightly from 1.90% as of December 31, 2011 to 10.68% as of December 31, 2012, resulting in a negative change of 460.60%. This indicates that the balance sheet and financial strength for Genesee Regional Bank has declined slightly in recent periods.
Deposit Growth
In the past year, Genesee Regional Bank has increased its total deposits by $67.04 million, resulting in 28.29% 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 Genesee Regional 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. Genesee Regional Bank has $334.78 million in assets with $31.71 million in equity, resulting in a capitalization level of 9.47%, which is average.