Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
609-466-2900
4 Route 31 South
Pennington, NJ 08534

Hopewell Valley Community Bank is headquartered in Pennington and is the 49th largest bank in the state of New Jersey. It is also the 1,506th largest bank in the nation. It was established in 1999 and as of March of 2014, it had grown to 86 employees at 10 locations. Hopewell Valley Community Bank's savings rates are 92% higher than the national average, and it has a B+ health rating.

Related Posts

New Reward Checking and Savings Accounts at Hopewell Valley Community Bank in NJ - 1/21/2014

We’re not seeing as many new reward checking accounts as we used to, but we still see a few new ones. A reward checking account and savings account under the Kasasa brand were recently launched by Hop ...



No reviews have been left for this bank yet. Be the first to review.



Health

Data for Q1 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 March 31, 2014 Hopewell Valley Community Bank had $4.38 million in non-current loans and owned real-estate with $47.09 million in equity and loan loss allowances on hand to cover it. This gives Hopewell Valley Community Bank a Texas Ratio of 9.31% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Hopewell Valley Community Bank experienced no significant changes from 7.46% as of March 31, 2013 to 9.31% as of March 31, 2014, resulting in a negative change of 24.77%. This indicates that the balance sheet and financial strength for Hopewell Valley Community Bank has had no significant changes in recent periods.

Deposit Growth

GRADE:
A

In the past year, Hopewell Valley Community Bank has increased its total deposits by $15.94 million, resulting in 4.15% 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 Hopewell Valley Community Bank has shown is excellent.

Capitalization

GRADE:
B+

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. Hopewell Valley Community Bank has $448.1 million in assets with $47.09 million in equity, resulting in a capitalization level of 10.51%, which is above average.

Institution Statistics

Overall
FDIC Certificate #34942
Year Established1999
Employees86
Primary RegulatorFDIC
Assets and Liabilities
Assets$448.10 million
Loans$316.99 million
Deposits$400.04 million
Equity Capital$43.15 million
Loan Loss Allowance$3.94 million
Unbacked Noncurrent Loans$3.69 million
Real Estate Owned$689,000
Historic Data - March 2013
Assets$430.98 million
Equity Capital$41.73 million
Loan Loss Allowance$3.03 million
Unbacked Noncurrent Loans$3.69 million
Real Estate Owned$122,000
Profit Margin - Quarterly
Net Interest Margin3.71%
Return on Assets0.58%
Return on Equity6.03%
Interest Income$4.27 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Hopewell Valley Community Bank, we are a rate comparison website and can not provide official rates or promotions.

Hopewell Valley Community Bank Savings Account Rates

DetailsAPYMINMAXPRODUCT
1.00%-$15kKasasa Saver - Qualifying
0.25%$25k-Statement Savings Account
0.05%--Kasasa Saver - Non Qualifying

Hopewell Valley Community Bank Money Market Rates

DetailsAPYMINMAXPRODUCT
0.25%$25k-Money Market

Hopewell Valley Community Bank Checking Account Rates

DetailsAPYMINMAXPRODUCT
2.00%-$10kKasasa Cash - Qualifying
0.05%--Kasasa Cash - Non Qualifying

Hopewell Valley Community Bank CD Rates

DetailsAPYMINMAXPRODUCT
1.30%$500-48 Month CD
1.05%$500-36 Month CD
0.80%$500-24 Month CD
0.60%$500-18 Month CD
0.50%$500-12 Month CD
0.50%$500-13 Month CD
0.25%$500-6 Month CD
0.20%$500-90 Day CD
Locations


Hopewell Valley Community Bank Locations
1080 Olde York Road1080 Olde York RoadRingoes, NJ 8551
Princeton Branch11 State RoadPrinceton, NJ 8540
Ewing Branch180 Scotch RoadEwing, NJ 8628
County Line Branch280 Route 31Hopewell, NJ 8525
Pittstown Branch353 Pittstown RoadPittstown, NJ 8867
Quakerbridge Office Branch3800 Quakerbridge RoadHamilton, NJ 8619
Skillman Branch390 Route 518Skillman, NJ 8558
Hopewell Valley Community Bank4 Route 31 SouthPennington, NJ 8534
Flemington Branch56 Main StreetFlemington, NJ 8822
Denow Road Branch802 Denow RoadPennington, NJ 8534