Phoenixville Federal Bank and Trust

Phoenixville Federal Bank and Trust Locations

564 Nutt Road
Phoenixville, PA 19460
610.933.1171
www.phoenixfed.com

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Phoenixville Federal Bank and Trust is headquartered in Phoenixville and is the 85^th largest bank in the state of Pennsylvania. It is also the 1,667^th largest bank in the nation. It was established in 1911 and as of December of 2012, it had grown to 88 employees at 6 locations. Phoenixville Federal Bank and Trust has a 3-star health rating.

4.00% 14-Month CD at Phoenixville Federal Bank & Trust in Pennsylvania - 1/5/2009

Update 1/09/09: CD rates have fallen. As of today, the 14-mo CD APY is 3.50% and the 27-mo CD APY is 3.60%.Phoenixville Federal Bank & Trust is offering some competitive CD specials. These include a 3.85% APY 27-month CD, a 4.00% APY 14-month CD, a...

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

Phoenixville Federal Bank and Trust Checking Account Rates

Apy	Min	Max	Product
0.20%	$2,500	-	Premium Interest
0.05%	$25	-	50 N' Better
0.05%	$25	-	Direct Free Interest

Phoenixville Federal Bank and Trust Savings Account Rates

Apy	Min	Max	Product
0.20%	$20	-	Senior Gold Savings
0.15%	$100	-	Passbook Savings
0.15%	$100	-	Statement Savings
0.15%	$20	-	Children's Savings Club
0.15%	$20	-	IRA Statement Savings

Phoenixville Federal Bank and Trust Money Market Rates

	Apy	Min	Max	Product
	0.35%	$150k	-	Phoenix Money Market

Phoenixville Federal Bank and Trust CD Rates

Apy	Min	Max	Product
1.35%	$500	-	49 - 60 Month Growth CD
1.30%	$5k	-	60 Month Income CD
1.05%	$1k	-	39 Month CD Special
0.85%	$1k	-	27 Month CD Special
0.85%	$500	-	31 - 48 Month Growth CD
0.80%	$5k	-	30 Month Income CD
0.55%	$500	-	19 - 30 Month Growth CD
0.50%	$1k	-	14 Month CD Special
0.45%	$500	-	13 - 18 Month Growth CD
0.40%	$5k	-	18 Month Income CD
0.30%	$500	-	7 - 12 Month Growth CD
0.30%	$5k	-	12 Month Income CD
0.20%	$10k	-	2 Month CD Special
0.15%	$500	-	3 - 6 Month Growth CD
0.10%	$5k	-	6 Month Income CD

Phoenixville Federal Bank and Trust IRA Rates

Apy	Min	Max	Product
1.35%	$500	-	49 - 60 Month IRA CD
0.85%	$500	-	31 - 48 Month IRA CD
0.55%	$500	-	19 - 30 Month IRA CD
0.45%	$500	-	13 - 18 Month IRA CD
0.30%	$500	-	7 - 12 Month IRA CD
0.15%	$500	-	3 - 6 Month IRA CD

Rates updated: 5/24/2013

Data for Q4 2012

Institution Statistics

Phoenixville Federal Bank and Trust
OTS #	04504
FDIC Certificate #	29995
BankRate Report	View
Year Established	1911
Employees	88
Primary Regulator	OCC
Assets and Liabilities
Assets	$400.33 million
Loans	$261.04 million
Deposits	$352.62 million
Equity Capital	$44.89 million
Loan Loss Allowance	$5.83 million
Unbacked Noncurrent Loans	$11.12 million
Historic Data - December 2011
Assets	$405.16 million
Equity Capital	$43.76 million
Loan Loss Allowance	$4.74 million
Unbacked Noncurrent Loans	$5.71 million
Real Estate Owned	$746,000
Profit Margin - Quarterly
Net Interest Margin	3.71%
Return on Assets	0.53%
Return on Equity	4.81%
Interest Income	$16.71 million

Institution Health

Overall Score:

3 out of 5

Texas Ratio
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 Phoenixville Federal Bank and Trust had $11.12 million in non-current loans and owned real-estate with $50.72 million in equity and loan loss allowances on hand to cover it. This gives Phoenixville Federal Bank and Trust a Texas Ratio of 21.93% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Phoenixville Federal Bank and Trust increased slightly from 13.30% as of December 31, 2011 to 21.93% as of December 31, 2012, resulting in a negative change of 64.85%. This indicates that the balance sheet and financial strength for Phoenixville Federal Bank and Trust has declined slightly in recent periods.
Deposit Growth
In the past year, Phoenixville Federal Bank and Trust has decreased its total deposits by -$6.37 million, resulting in -1.77% 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 Phoenixville Federal Bank and Trust has shown is below average.
Capitalization
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. Phoenixville Federal Bank and Trust has $400.33 million in assets with $50.72 million in equity, resulting in a capitalization level of 12.67%, which is excellent.