Liberty Bank

Liberty Bank Locations
315 Main Street
Middletown, CT 06457
860-638-2922
www.liberty-bank.com
Liberty Bank is the oldest mutual bank in the state of Connecticut and provides customers with best-in-class products, services and rates. Chartered way back in 1825, they have grown with the state, and currently serve more than 190,000 individual and business customers there.

When you bank with Liberty, you get great products, competitive rates, and friendly personal service. In other words, everything you need to make a statement about how you want to bank.



Liberty Bank Routing Number: 211170282



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See Rates for: Savings | CD | IRA

Liberty Bank Savings Account Rates

ApyMinMaxProduct
0.65%--BreakFree Money Maker
0.30%--BreakFree Savings

Liberty Bank CD Rates

ApyMinMaxProduct
1.51%$500-4 Year CD
1.26%$500-3 Year CD
0.80%$500-2 Year CD
0.50%$500-1 Year CD
0.30%$500-6 Month CD
0.25%$500-3 Month CD

Liberty Bank IRA Rates

ApyMinMaxProduct
2.50%$500-5 - 10 Year IRA SPECIAL
2.50%$500-5 - 10 Year Roth IRA SPECIAL
2.50%$500-5 - 10 Year CESA SPECIAL
2.50%$500-5 - 10 Year SEP IRA SPECIAL
1.51%$500-4 Year IRA
1.51%$500-4 Year Roth IRA
1.51%$500-4 Year CESA
1.51%$500-4 Year SEP IRA
1.26%$500-3 Year IRA
1.26%$500-3 Year Roth IRA
1.26%$500-3 Year CESA
1.26%$500-3 Year SEP IRA
0.80%$500-2 Year IRA
0.80%$500-2 Year Roth IRA
0.80%$500-2 Year CESA
0.80%$500-2 Year SEP IRA
0.50%$500-1 Year IRA
0.50%$500-1 Year Roth IRA
0.50%$500-1 Year CESA
0.50%$500-1 Year SEP IRA
0.30%$500-6 Month IRA
0.30%$500-6 Month Roth IRA
0.30%$500-6 Month CESA
0.30%$500-6 Month SEP IRA
0.25%$500-3 Month IRA
0.25%$500-3 Month Roth IRA
0.25%$500-3 Month CESA
0.25%$500-3 Month SEP IRA

Rates updated: 2/8/2012

Data for Q3 2011


Institution Statistics


Liberty Bank
FDIC Certificate #17943
BankRate ReportView
Year Established1825
Employees570
Primary RegulatorFDIC

Assets and Liabilities

Assets$3.38 billion
Loans$2.27 billion
Deposits$2.76 billion
Equity Capital$473.26 million
Loan Loss Allowance$38.11 million
Unbacked Noncurrent Loans$47.72 million
Real Estate Owned$139,000

Historic Data - September 2010

Assets$3.25 billion
Equity Capital$452.75 million
Loan Loss Allowance$47.33 million
Unbacked Noncurrent Loans$89.59 million
Real Estate Owned$637,000

Profit Margin - Quarterly

Net Interest Margin3.49%
Return on Assets0.85%
Return on Equity6.08%
Interest Income$102.59 million

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio4
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 September 30, 2011 Liberty Bank had $47.86 million in non-current loans and owned real-estate with $511.37 million in equity and loan loss allowances on hand to cover it. This gives Liberty Bank a Texas Ratio of 9.36% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend5
The Texas Ratio for Liberty Bank decreased significantly from 18.04% as of September 30, 2010 to 9.36% as of September 30, 2011, resulting in a positive change of 48.13%.This indicates that the balance sheet and financial strength for Liberty Bank has improved significantly in recent periods.
Deposit Growth5
In the past year, Liberty Bank has increased its total deposits by $159.18 million, resulting in 6.12% 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 Liberty Bank has shown is excellent.
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. Liberty Bank has $3.38 billion in assets with $511.37 million in equity, resulting in a capitalization level of 15.11%, which is excellent.
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