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781-641-3900
141 Massachusetts Avenue
Arlington, MA 02476

Leader Bank, National Association is headquartered in Arlington and is the 41st largest bank in the state of Massachusetts. It is also the 944th largest bank in the nation. It was established in 2002 and as of March of 2014, it had grown to 182 employees at 6 locations. Leader Bank, National Association's savings rates are 4X the national average, and it boasts a A+ health rating.

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Reviews (1)

Leader Bank Is Fantastic

Leader bank is a fantastic bank with excellent service and innovative products.



Health

Data for Q1 2014

Institution Health

A+

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 Leader Bank, National Association had $306,000 in non-current loans and owned real-estate with $87.16 million in equity and loan loss allowances on hand to cover it. This gives Leader Bank, National Association a Texas Ratio of 0.35% 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 Leader Bank, National Association experienced no significant changes from 0.19% as of March 31, 2013 to 0.35% as of March 31, 2014, resulting in a negative change of 81.72%. This indicates that the balance sheet and financial strength for Leader Bank, National Association has had no significant changes in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Leader Bank, National Association has increased its total deposits by $114.26 million, resulting in 30.18% 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 Leader Bank, National Association has shown is excellent.

Capitalization

GRADE:
A+

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. Leader Bank, National Association has $720.32 million in assets with $87.16 million in equity, resulting in a capitalization level of 12.10%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #57134
Year Established2002
Employees182
Primary RegulatorOCC
Assets and Liabilities
Assets$720.32 million
Loans$557.93 million
Deposits$492.88 million
Equity Capital$82.61 million
Loan Loss Allowance$4.55 million
Unbacked Noncurrent Loans$306,000
Real Estate Owned$0
Historic Data - March 2013
Assets$586.51 million
Equity Capital$77.12 million
Loan Loss Allowance$4.15 million
Unbacked Noncurrent Loans$306,000
Real Estate Owned$0
Profit Margin - Quarterly
Return on Assets0.75%
Return on Equity6.28%
Interest Income$6.35 million
Rates

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

Leader Bank, National Association Savings Account Rates

DetailsAPYMINMAXPRODUCT
2.05%-$50kZeugma Savings - Qualifying
0.50%--Step Anywhere Savings
0.25%--Kids Bank Club - Passbook
0.25%--Kids Bank Club - Statement
0.10%--Statement Savings
0.10%--Passbook Savings
0.10%--Zeugma Savings - Non Qualifying

Leader Bank, National Association Money Market Rates

DetailsAPYMINMAXPRODUCT
0.20%$50k-Step Ahead Money Market

Leader Bank, National Association Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.50%--Student Checking

Leader Bank, National Association CD Rates

DetailsAPYMINMAXPRODUCT
2.05%$1k-5 Year CD
1.30%$1k-25 Month CD
1.00%$1k-2 Year CD
0.85%$1k-4 Year CD
0.70%$1k-3 Year CD
0.70%$1k-30 Month CD
0.60%$1k-15 Month CD
0.35%$1k-18 Month CD
0.35%$1k-12 Month CD
0.35%$1k$250k14 Month CD
0.20%$1k-7-10 Month CD
0.20%$1k-4 Month CD
0.20%$1k-6 Month CD
0.15%$1k-3 Month CD
Locations


Leader Bank, National Association Locations
Arlington Heights Branch1201 Massachusetts AvenueArlington, MA 2476
Leader Bank, National Association141 Massachusetts AvenueArlington, MA 2476
Belmont Branch363 Pleasant StBelmont, MA 2478
Arlington Center Branch449 Massachusetts AvenueArlington, MA 2474
Burlington Branch50 Mall RdBurlington, MA 1803
Central Square Branch675 Massachusetts AvenueCambridge, MA 2139