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3333 Concord Road
Aston, PA 19014

Iron Workers Savings Bank is headquartered in Aston and is the 138th largest bank in the state of Pennsylvania. It is also the 3,309th largest bank in the nation. It was established in 1879 and as of June of 2014, it had grown to 30 employees at 3 locations. Iron Workers Savings Bank's money market rates are 14% higher than the national average, and it has a C+ health rating.

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Data for Q2 2014

Institution Health


Texas Ratio


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 Iron Workers Savings Bank had $2.21 million in non-current loans and owned real-estate with $16.1 million in equity and loan loss allowances on hand to cover it. This gives Iron Workers Savings Bank a Texas Ratio of 13.73% 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 Iron Workers Savings Bank increased slightly from 6.84% as of June 30, 2013 to 13.73% as of June 30, 2014, resulting in a negative change of 100.78%. This indicates that the balance sheet and financial strength for Iron Workers Savings Bank has declined slightly in recent periods.

Deposit Growth


In the past year, Iron Workers Savings Bank has decreased its total deposits by -$7.9 million, resulting in -5.32% 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 Iron Workers Savings Bank has shown is below 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. Iron Workers Savings Bank has $175.92 million in assets with $16.1 million in equity, resulting in a capitalization level of 9.15%, which is average.

Institution Statistics

FDIC Certificate #28908
Year Established1879
Primary RegulatorFDIC
Assets and Liabilities
Assets$175.92 million
Loans$142.67 million
Deposits$140.83 million
Equity Capital$15.16 million
Loan Loss Allowance$943,000
Unbacked Noncurrent Loans$1.94 million
Real Estate Owned$270,000
Historic Data - June 2013
Assets$170.95 million
Equity Capital$14.50 million
Loan Loss Allowance$1.06 million
Unbacked Noncurrent Loans$1.94 million
Real Estate Owned$0
Profit Margin - Quarterly
Return on Assets0.33%
Return on Equity3.83%
Interest Income$3.19 million

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Iron Workers Savings Bank Savings Account Rates

0.10%$100-Passbook Savings
0.10%$100-Statement Savings

Iron Workers Savings Bank Money Market Rates

0.50%$250k-Money Market

Iron Workers Savings Bank Checking Account Rates

0.10%$600-Now Checking

Iron Workers Savings Bank CD Rates

1.80%$500-60 Month CD
1.50%$500-48 Month CD
1.25%$500-36 Month CD
1.02%$500-18 Month CD
1.02%$500-24 Month CD
1.02%$500-30 Month CD
0.55%$250-12 Month CD
0.30%$1k-6 Month CD
0.25%$2,500-91 Day CD

Iron Workers Savings Bank IRA Rates

1.80%$500-60 Month IRA
1.50%$500-48 Month IRA
1.25%$500-36 Month IRA
1.02%$500-18 Month IRA
1.02%$500-24 Month IRA
1.02%$500-30 Month IRA
0.55%$250-12 Month IRA
0.30%$1k-6 Month IRA
0.25%$2,500-91 Day IRA

Iron Workers Savings Bank Locations
Chadds Ford Branch100 Ridge Road Suite 1Chadds Ford, PA 19317
3 State Rd Branch3 State RoadMedia, PA 19063
Iron Workers Savings Bank3333 Concord RoadAston, PA 19014