Prospect Federal Savings Bank

11139 South Harlem Avenue
Worth, IL 60482
708-361-8000
www.prospectfederal.com

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Prospect Federal Savings Bank is headquartered in Worth and is the 149^th largest bank in the state of Illinois. It is also the 2,276^th largest bank in the nation. It was established in 1909 and as of March of 2012, it had grown to 46 employees at 3 locations. Prospect Federal Savings Bank has a 5-star health rating.

3.65% 30-Month CD at Prospect Federal Savings Bank in Chicago - 1/23/2009

Prospect Federal Savings Bank is listing several competitive CD rates. The most competitive CDs have terms from 15 to 60 months. Rates range from 3.15% APY for 15 months to 4.00% APY for 60 months. I consider the 30-month term to be the most competitive...

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

Prospect Federal Savings Bank Checking Account Rates

Apy	Min	Max	Product
0.30%	-	-	Christmas Club
0.11%	$2,500	-	Super N.O.W. Checking
0.10%	-	-	N.O.W. Checking

Prospect Federal Savings Bank Savings Account Rates

	Apy	Min	Max	Product
	0.20%	$2,500	-	Passbook Savings

Prospect Federal Savings Bank Money Market Rates

Apy	Min	Max	Product
0.30%	-	-	Eagle Money Market Statement Account
0.22%	$100k	-	Money Market Statement
0.20%	$1k	-	Money Market Passbook

Prospect Federal Savings Bank CD Rates

Apy	Min	Max	Product
1.20%	$1k	-	60 Month Compounded Interest CD
1.15%	$1k	-	48 Month Compounded Interest CD
1.00%	$1k	-	36 Month Compounded Interest CD
0.85%	$1k	-	30 Month Compounded Interest CD
0.75%	$200k	-	24 Month Simple Interest Jumbo CD
0.70%	$1k	-	24 Month Compounded Interest CD
0.60%	$200k	-	18 Month Simple Interest Jumbo CD
0.55%	$1k	-	18 Month Compounded Interest CD
0.55%	$200k	-	15 Month Simple Interest Jumbo CD
0.50%	$1k	-	15 Month Compounded Interest CD
0.40%	$200k	-	12 Month Simple Interest Jumbo CD
0.35%	$100k	-	12 Month Compounded Interest CD
0.35%	$200k	-	6 Month Simple Interest Jumbo CD
0.35%	$200k	-	9 Month Simple Interest Jumbo CD
0.30%	$100k	-	6 Month Compounded Interest CD
0.30%	$100k	-	9 Month Compounded Interest CD
0.20%	$1k	-	91 Day Simple Interest Jumbo CD

Prospect Federal Savings Bank IRA Rates

Apy	Min	Max	Product
1.20%	$1k	-	60 Month Compounded Interest IRA
1.15%	$1k	-	48 Month Compounded Interest IRA
1.00%	$1k	-	36 Month Compounded Interest IRA
0.85%	$1k	-	30 Month Compounded Interest IRA
0.75%	$200k	-	24 Month Simple Interest Jumbo IRA
0.70%	$1k	-	24 Month Compounded Interest IRA
0.60%	$200k	-	18 Month Simple Interest Jumbo IRA
0.55%	$200k	-	15 Month Simple Interest Jumbo IRA
0.55%	$1k	-	18 Month Compounded Interest IRA
0.50%	$1k	-	15 Month Compounded Interest IRA
0.40%	$200k	-	12 Month Simple Interest Jumbo IRA
0.35%	$100k	-	12 Month Compounded Interest IRA

Rates updated: 5/27/2012

Data for Q1 2012

Institution Statistics

Prospect Federal Savings Bank
OTS #	00691
FDIC Certificate #	27993
BankRate Report	View
Year Established	1909
Employees	46
Primary Regulator	OCC
Assets and Liabilities
Assets	$285.85 million
Loans	$62.01 million
Deposits	$246.41 million
Equity Capital	$38.62 million
Loan Loss Allowance	$627,000
Unbacked Noncurrent Loans	$1.71 million
Real Estate Owned	$119,000
Historic Data - March 2011
Assets	$293.74 million
Equity Capital	$40.20 million
Loan Loss Allowance	$219,000
Unbacked Noncurrent Loans	$1.81 million
Profit Margin - Quarterly
Net Interest Margin	1.37%
Return on Assets	-0.29%
Return on Equity	-2.16%
Interest Income	$1.68 million

Institution Health

Overall Score:

5 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 March 31, 2012 Prospect Federal Savings Bank had $1.82 million in non-current loans and owned real-estate with $39.25 million in equity and loan loss allowances on hand to cover it. This gives Prospect Federal Savings Bank a Texas Ratio of 4.65% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Prospect Federal Savings Bank held steady from 4.47% as of March 31, 2011 to 4.65% as of March 31, 2012, resulting in a negative change of 4.07%. This indicates that the balance sheet and financial strength for Prospect Federal Savings Bank has held steady in recent periods.
Deposit Growth
In the past year, Prospect Federal Savings Bank has decreased its total deposits by -$6.17 million, resulting in -2.44% 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 Prospect Federal Savings Bank 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. Prospect Federal Savings Bank has $285.85 million in assets with $39.25 million in equity, resulting in a capitalization level of 13.73%, which is excellent.