2 star ratingAverage User Rating:
2 star rating based on 4 reviews.

JPMorgan Chase Bank, Dearborn

18800 Hubbard Drive
Dearborn, MI 48126
www.jpmorganchase.com

FDIC


JPMorgan Chase Bank, Dearborn is headquartered in Dearborn and is the 117st largest bank in the state of Michigan. It is also the 5,861st largest bank in the nation. It was established in 1974 and as of December of 2012, it had grown to employees at 1 location. JPMorgan Chase Bank, Dearborn has a 5-star health rating.

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Data for Q4 2012


Institution Statistics


JPMorgan Chase Bank, Dearborn
FDIC Certificate #21761
BankRate ReportView
Year Established1974
Employees0
Primary RegulatorFED

Assets and Liabilities

Assets$63.30 million
Loans$513,000
Deposits$561,000
Equity Capital$52.66 million

Historic Data - December 2011

Assets$63.76 million
Equity Capital$52.18 million

Profit Margin - Quarterly

Net Interest Margin0.37%
Return on Assets0.76%
Return on Equity0.92%
Interest Income$224,000

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
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, 2012 JPMorgan Chase Bank, Dearborn had $0 in non-current loans and owned real-estate with $52.66 million in equity and loan loss allowances on hand to cover it. This gives JPMorgan Chase Bank, Dearborn a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Deposit Growth3
In the past year, JPMorgan Chase Bank, Dearborn has increased its total deposits by $2,000, resulting in 0.36% 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 JPMorgan Chase Bank, Dearborn has shown is average.
Capitalization5
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. JPMorgan Chase Bank, Dearborn has $63.3 million in assets with $52.66 million in equity, resulting in a capitalization level of 83.19%, which is excellent.
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QUALITY OF SERVICE
1 stars - GARYBERGER - Thursday, October 11, 2012 - 10:58 AM

I had an account in which I deposited cash from rental properties.  Chase chose to close my account and also closed my retirement account and credit card.  They refused to honor the rewards I had earned on the credit card.  I would not recomment Chase to anyone and if you do open an account I would do it with caution.

3

LACK OF CUSTOMER UNDERSTANDING
1 stars - tsiganye - Sunday, June 24, 2012 - 2:41 PM

My husband is 92 and  Parkinson's patient.  I am 74 currently with a broken ankle, foot.  We live on my husband's government pension and our joint Social Security.  My SS does come in until month's end.  Despite insurance, we still have to pay something for perscription medicines.  They were under 5.  I have overdraft protection. Chase charged me me $34 for items such as $0.64, $1.00. We have direct deposit and always paid the fees. Now they tell me they no longer want my business because of the many problems.

3

Unetical Bank
1 stars - kalerw - Sunday, March 27, 2011 - 8:49 AM

Chase bank is the most unethical bank in USA, even Suzie Ureman rates Chase and Bank America the most unethical banks in USA for 2010 and 2011, they raised my creidit card interest 8 months ago from 8% to 18 %, had cards for 8 years, no late payments, often paid balance off. They said it was the banking climate, that is how the appreciate excellent customers. the bad expereinces go on and on.

2

Best Credit Card
4 stars - philstacy - Tuesday, July 13, 2010 - 12:07 AM

Not as good as it was when 5% cash back was offered but I still get 3% (gas and supermarkets). This is the best credit card I could find for straight cash back. The statements are decipherable and the checks are mailed out quickly. When I missed a payment by a few days they waived a $39 late fee when I called customer service. No problems with identity theft.

2