Park View Federal Savings Bank

Park View Federal Savings Bank Locations
30000 Aurora Road
Solon, OH 44139
440-248-7171
www.pvfsb.com



Park View Federal Savings Bank is headquartered in Solon and is the 23rd largest bank in the state of Ohio. It is also the 806th largest bank in the nation. It was established in 1920 and as of March of 2012, it had grown to 186 employees at 17 locations. Park View Federal Savings Bank has a 3-star health rating.



See Rates for: Checking | Savings | Money Market | CD

Park View Federal Savings Bank Checking Account Rates

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0.25%$50k-Tiered Interest Checking
0.15%$50k-Business Interest Checking

Park View Federal Savings Bank Savings Account Rates

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0.25%--Holiday Club Account
0.10%--Health Savings Account
0.10%--Statement Savings Account
0.10%--Business Basic Savings Account

Park View Federal Savings Bank Money Market Rates

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0.70%$100k-Money Market Account
0.50%$250k-Business Money Market Account

Park View Federal Savings Bank CD Rates

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1.50%$500-60 Month CD
1.50%$500-Business 60 Month CD
1.25%$500-48 Month CD
1.25%$500-Business 48 Month CD
1.00%$500-36 Month CD
1.00%$500-Business 36 Month CD
0.85%$500-24 Month CD
0.85%$500-30 Month CD
0.85%$500-Business 24 Month CD
0.85%$500-Business 30 Month CD
0.75%$500-18 Month CD
0.75%$500-Business 18 Month CD
0.40%$500-12 Month CD
0.40%$500-Business 12 Month CD
0.40%$500-13 Month CD
0.40%$500-Business 13 Month CD
0.30%$500-6 Month CD
0.30%$500-Business 6 Month CD
0.15%$500-90 Day CD
0.15%$500-Business 90 Day CD
0.10%$500-30 Day CD
0.10%$500-Business 30 Day CD

Rates updated: 5/27/2012

Data for Q1 2012


Institution Statistics


Park View Federal Savings Bank
OTS #01195
FDIC Certificate #28235
BankRate ReportView
Year Established1920
Employees186
Primary RegulatorOCC

Assets and Liabilities

Assets$813.10 million
Loans$565.91 million
Deposits$706.80 million
Equity Capital$69.01 million
Loan Loss Allowance$16.91 million
Unbacked Noncurrent Loans$29.65 million
Real Estate Owned$9.55 million

Historic Data - March 2011

Assets$783.46 million
Equity Capital$71.29 million
Loan Loss Allowance$15.11 million
Unbacked Noncurrent Loans$39.27 million
Real Estate Owned$8.08 million

Profit Margin - Quarterly

Net Interest Margin3.18%
Return on Assets0.11%
Return on Equity1.26%
Interest Income$7.54 million

Institution Health


Overall Score:
3 out of 5
3
Texas Ratio2
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 March 31, 2012 Park View Federal Savings Bank had $39.2 million in non-current loans and owned real-estate with $85.92 million in equity and loan loss allowances on hand to cover it. This gives Park View Federal Savings Bank a Texas Ratio of 45.63% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend4
The Texas Ratio for Park View Federal Savings Bank decreased slightly from 54.80% as of March 31, 2011 to 45.63% as of March 31, 2012, resulting in a positive change of 16.75%.This indicates that the balance sheet and financial strength for Park View Federal Savings Bank has improved slightly in recent periods.
Deposit Growth4
In the past year, Park View Federal Savings Bank has increased its total deposits by $32.14 million, resulting in 4.76% 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 Park View Federal Savings Bank has shown is above average.
Capitalization4
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. Park View Federal Savings Bank has $813.1 million in assets with $85.92 million in equity, resulting in a capitalization level of 10.57%, which is above average.
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