Haven Savings Bank

621 Washington Street
Hoboken, NJ 07030
201-659-3600
hsbhnj.websites.fxfn.com

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Haven Savings Bank - Serving New Jersey since 1938

Competitive 2-Year CD Rate at Haven Savings Bank in New Jersey - Local Only - 3/30/2011

Haven Savings Bank is offering a competitive 2-year CD with 1.75% APY. Minimum deposit is $100. This rate is listed on the bank's home page as of 3/30/2011. Above the bank's rate table, it states "Ava ...

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

Haven Savings Bank Checking Account Rates

Apy	Min	Max	Product
0.30%	$1k	-	Super NOW Checking
0.15%	$100	-	NOW Checking

Haven Savings Bank Savings Account Rates

	Apy	Min	Max	Product
	0.35%	$50	-	Passbook Savings Account

Haven Savings Bank Money Market Rates

Apy	Min	Max	Product
0.40%	$25k	-	Step-Up Money Market
0.30%	$1k	-	Money Market Account

Haven Savings Bank CD Rates

Apy	Min	Max	Product
1.75%	$100	-	5 Year CD
1.75%	$100	-	10 Year CD
1.25%	$100	-	30 Month CD
1.25%	$100	-	36 Month CD
1.25%	$100	-	42 Month CD
1.05%	$100	-	24 Month CD
0.90%	$100	-	18 Month CD
0.75%	$100	-	15 Month CD
0.65%	$100	-	12 Month CD
0.50%	$500	-	6 Month CD
0.50%	$500	-	8 Month CD
0.50%	$500	-	9 Month CD
0.50%	$500	-	10 Month CD
0.40%	$2,500	-	3 Month CD

Haven Savings Bank IRA Rates

Apy	Min	Max	Product
1.75%	$100	-	5 Year IRA
1.75%	$100	-	10 Year IRA
1.25%	$100	-	30 Month IRA
1.25%	$100	-	36 Month IRA
1.25%	$100	-	42 Month IRA
1.05%	$100	-	24 Month IRA
1.00%	$250	-	18 Month Variable IRA
0.90%	$100	-	18 Month IRA
0.75%	$100	-	15 Month IRA
0.65%	$100	-	12 Month IRA
0.50%	$500	-	6 Month IRA
0.50%	$500	-	8 Month IRA
0.50%	$500	-	9 Month IRA
0.50%	$500	-	10 Month IRA
0.40%	$2,500	-	3 Month IRA

Rates updated: 2/11/2012

Data for Q3 2011

Institution Statistics

Haven Savings Bank
FDIC Certificate #	30039
BankRate Report	View
Year Established	1938
Employees	76
Primary Regulator	FDIC
Assets and Liabilities
Assets	$695.83 million
Loans	$461.72 million
Deposits	$529.99 million
Equity Capital	$84.88 million
Loan Loss Allowance	$2.90 million
Unbacked Noncurrent Loans	$5.07 million
Historic Data - September 2010
Assets	$707.85 million
Equity Capital	$80.41 million
Loan Loss Allowance	$2.50 million
Unbacked Noncurrent Loans	$3.33 million
Profit Margin - Quarterly
Net Interest Margin	3.05%
Return on Assets	0.57%
Return on Equity	4.77%
Interest Income	$21.37 million

Institution Health

Overall Score:

5 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 September 30, 2011 Haven Savings Bank had $5.07 million in non-current loans and owned real-estate with $87.78 million in equity and loan loss allowances on hand to cover it. This gives Haven Savings Bank a Texas Ratio of 5.77% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Haven Savings Bank held steady from 4.01% as of September 30, 2010 to 5.77% as of September 30, 2011, resulting in a negative change of 43.89%. This indicates that the balance sheet and financial strength for Haven Savings Bank has held steady in recent periods.
Deposit Growth
In the past year, Haven Savings Bank has decreased its total deposits by -$15.1 million, resulting in -2.77% 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 Haven Savings Bank has shown is below average.
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. Haven Savings Bank has $695.82 million in assets with $87.78 million in equity, resulting in a capitalization level of 12.62%, which is excellent.