Green Bank, National Association is headquartered in Houston and is the 28th largest bank in the state of Texas. It is also the 409th largest bank in the nation. It was established in 1999 and as of December of 2013, it had grown to 214 employees at 13 locations. Green Bank, National Association's money market rates are 48% higher than the national average, and it has a A health rating.
Green Bank just bought out our local bank, and so all of our accounts switched over. We then were told that we would no longer have free checking accounts, or free savings accounts. As a family, we have 4 accounts, so the fees will be adding up. It is crazy to me that they do not have free checking.........every other bank does.
We will be switching soon to a new bank.
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, 2013 Green Bank, National Association had $19.43 million in non-current loans and owned real-estate with $210.02 million in equity and loan loss allowances on hand to cover it. This gives Green Bank, National Association a Texas Ratio of 9.25% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
The Texas Ratio for Green Bank, National Association decreased dramatically from 13.73% as of December 31, 2012 to 9.25% as of December 31, 2013, resulting in a positive change of 32.62%.This indicates that the balance sheet and financial strength for Green Bank, National Association has improved dramatically in recent periods.
In the past year, Green Bank, National Association has decreased its total deposits by -$13.88 million, resulting in -0.95% 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 Green Bank, National Association has shown is average.
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. Green Bank, National Association has $1.7 billion in assets with $210.02 million in equity, resulting in a capitalization level of 12.36%, which is excellent.
|FDIC Certificate #||35007|
|Assets and Liabilities|
|Equity Capital||$193.66 million|
|Loan Loss Allowance||$16.36 million|
|Unbacked Noncurrent Loans||$12.74 million|
|Real Estate Owned||$6.69 million|
|Historic Data - December 2012|
|Equity Capital||$182.30 million|
|Loan Loss Allowance||$14.15 million|
|Unbacked Noncurrent Loans||$12.74 million|
|Real Estate Owned||$5.96 million|
|Profit Margin - Quarterly|
|Net Interest Margin||3.62%|
|Return on Assets||0.78%|
|Return on Equity||7.01%|
|Interest Income||$69.61 million|
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|0.25%||-||-||Business Green Savings|
|0.25%||-||-||Green Savings - Minor|
|0.65%||$500||$500k||GO! Money Market Account|
|0.40%||$100k||$1m||Green Money Market|
|0.40%||$100k||$1m||Business Money Market Account|
|0.40%||-||$500k||Business Interest Checking Account|
|0.25%||$25k||$100k||Green Choice Checking|
|1.00%||-||-||5 Year CD|
|1.00%||-||-||Business 5 Year CD|
|1.00%||$1k||$250k||5 Year GO! CD|
|1.00%||$1k||$250k||5 Year Green Bank Special CD|
|0.80%||-||-||4 Year CD|
|0.80%||-||-||Business 4 Year CD|
|0.80%||$1k||$250k||4 Year GO! CD|
|0.80%||$1k||$250k||4 Year Green Bank Special CD|
|0.70%||-||-||3 Year CD|
|0.70%||-||-||Business 3 Year CD|
|0.70%||$1k||$250k||3 Year GO! CD|
|0.60%||-||-||2 Year CD|
|0.60%||-||-||Business 2 Year CD|
|0.60%||$1k||$250k||2 Year GO! CD|
|0.40%||-||-||1 Year CD|
|0.40%||-||-||Business 1 Year CD|
|0.40%||$1k||$250k||1 Year GO! CD|
|0.30%||-||-||6 Month CD|
|0.30%||-||-||Business 6 Month CD|
|0.15%||-||-||7-31 Day CD|
|0.15%||-||-||1 Month CD|
|0.15%||-||-||3 Month CD|
|0.15%||-||-||Business 7-31 Day CD|
|0.15%||-||-||Business 1 Month CD|
|0.15%||-||-||Business 3 Month CD|
|1.00%||-||-||5 Year IRA (Traditional,Roth)|
|0.80%||-||-||4 Year IRA (Traditional,Roth)|
|0.70%||-||-||2 1/2 Year IRA (Traditional,Roth)|
|0.70%||-||-||3 Year IRA (Traditional,Roth)|
|0.60%||-||-||2 Year IRA (Traditional,Roth)|
|0.40%||-||-||1 Year IRA (Traditional,Roth)|
|0.40%||-||-||1 1/2 Year IRA (Traditional,Roth)|
|0.30%||-||-||6 Month IRA (Traditional,Roth)|