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407-278-0270
3701 West Lake Mary Boulevard
Lake Mary, FL 32746

Homebanc National Association is headquartered in Lake Mary and is the 27th largest bank in the state of Florida. It is also the 790th largest bank in the nation. It was established in 2007 and as of June of 2014, it had grown to 100 employees at 13 locations. Homebanc National Association's money market rates are 36% higher than the national average, and it has a B+ health rating.

Related Posts

Special 39-Month CD Rate at HomeBanc - Florida Only - 8/6/2014

HomeBanc has another CD special, but unlike most of its past specials, this one has a much longer term. The new one is a 39-month CD with a 1.75% APY. Minimum d ...

Another Special 3-Month CD Rate at HomeBanc - Florida Only - 1/28/2014

HomeBanc has another short-term CD special. The new one is a 3-month CD with a 1.50% APY. Minimum deposit is $5,000, and the maximum deposit is $75,000. Only one CD offer is allowed per household. Fun ...

New Special 3-Month CD Rate at HomeBanc - Florida Only - 10/24/2013

HomeBanc has a new short-term CD special. The new one is a 3-month CD with a 1.35% APY. Minimum deposit is $10,000, and the maximum deposit is $75,000. Only one CD offer is allowed per household. Fund ...



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Health

Data for Q2 2014

Institution Health

B+

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of June 30, 2014 Homebanc National Association had $530,000 in non-current loans and owned real-estate with $71.94 million in equity and loan loss allowances on hand to cover it. This gives Homebanc National Association a Texas Ratio of 0.74% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for Homebanc National Association decreased dramatically from (infinite) as of June 30, 2013 to 0.74% as of June 30, 2014, resulting in a positive change of (infinite). This indicates that the balance sheet and financial strength for Homebanc National Association has improved dramatically in recent periods.

Deposit Growth

GRADE:
F

In the past year, Homebanc National Association has decreased its total deposits by -$78.99 million, resulting in -11.13% 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 Homebanc National Association has shown is poor.

Capitalization

GRADE:
C

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. Homebanc National Association has $856.28 million in assets with $71.94 million in equity, resulting in a capitalization level of 8.40%, which is average.

Institution Statistics

Overall
FDIC Certificate #58194
Year Established2007
Employees100
Primary RegulatorOCC
Assets and Liabilities
Assets$856.28 million
Loans$592.04 million
Deposits$630.94 million
Equity Capital$70.02 million
Loan Loss Allowance$1.93 million
Unbacked Noncurrent Loans$284,000
Real Estate Owned$246,000
Historic Data - June 2013
Assets$792.61 million
Equity Capital$61.40 million
Loan Loss Allowance$1.87 million
Unbacked Noncurrent Loans$284,000
Real Estate Owned$90,000
Profit Margin - Quarterly
Return on Assets0.5%
Return on Equity5.68%
Interest Income$11.47 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Homebanc National Association, we are a rate comparison website and can not provide official rates or promotions.

Homebanc National Association Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.50%$100k-Classic Savings
0.50%$100k-Young Savers
0.50%$100k-Classic Business Savings

Homebanc National Association Money Market Rates

DetailsAPYMINMAXPRODUCT
0.60%-$250kElite Money Market
0.60%--Diamond Money Market (New Money only)
0.50%$100k-Prestige Plus Money Market
0.50%$100k-Prestige Plus Business Money Market

Homebanc National Association Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.30%$100k-Prestige Interest Checking
0.30%$100k-The Pacesetters Club Checking
0.05%--Prestige Business Interest Checking

Homebanc National Association CD Rates

DetailsAPYMINMAXPRODUCT
1.75%$10k$75k39 Month CD Special
1.50%$10k$250k54 Month Advantage CD
1.40%$5k$75k3 Month CD Special
1.25%$10k$250k44 Month Advantage CD
1.00%--60 Month CD
0.90%--48 Month CD
0.90%$10k$100k29 Month Advantage CD
0.75%--36 Month CD
0.70%$10k$100k11 Month Advantage CD
0.65%--24 Month CD
0.50%--18 Month CD
0.45%--12 Month CD
0.40%--9 Month CD
0.20%--6 Month CD
0.15%--3 Month CD
Locations

Homebanc National Association has 15 locations. Click to view all Homebanc National Association locations.