RomAsia Bank

4287 Us Highway 1
Monmouth Junction, NJ 8852
(877) 328-0060
www.romasiabank.com

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RomAsia Bank is headquartered in Monmouth Junctio and is the 95^th largest bank in the state of New Jersey. It is also the 4,077^th largest bank in the nation. It was established in 2008 and as of March of 2012, it had grown to 26 employees at 2 locations. RomAsia Bank's savings rates are 92% higher than the national average, and it has a 4-star health rating.

RomAsia Bank Routing Number: 021272794

Another 2% APY 24-Month CD In NJ (Forum) - 1/5/2011

RomAsia Bank, located in Monmouth Junction, New Jersey, has a 24-month CD at 2% APY (minimum deposit is $2500). URL is www.romasiabank.com. Also, a competitive rate of 1.5% for a 18-month CD (minimum deposit of $2000), is available at Indus Amer

2.50% 12-Month CD & Competitive Money Market Account at RomAsia Bank in New Jersey - Local Only - 7/10/2009

Update 8/07/09: The CD rates have fallen. Please check the bank's website for the latest rates.RomAsia Bank is offering a 2.50% APY 12-month CD. Minimum deposit is $2,500. The rates for the other terms are not quite as good, but they're competitive....

2.75% 9-Month CD, 3.25% 18-Month CD and Other High CD Rates at RomAsia Bank in New Jersey - 3/20/2009

Update 3/27/09: The CD rates have fallen. Please check the bank's website for the latest rates.RomAsia Bank continues to have competitive CD rates. Below is a list of these CD rates as shown in the bank's rate table as of 3/20/09:2.50% APY 6-month2.75%...

4.05% 6-Month CD, 4.25% 12-Month CD and Other High CD Rates at RomAsia Bank in New Jersey - 12/4/2008

RomAsia Bank has some competitive CD rates. Below is a list of these CD rates as shown in the bank's rate table (pdf) as of 12/04/08:4.05% APY 6-month4.10% APY 9-month4.25% APY 12- & 13-month4.35% APY 18-month4.50% APY 24-monthThese rates require a...

2008

7/13 - 4.25% 6-Month / 4.35% 12-Month CD at a New Jersey Bank (RomAsia)

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

RomAsia Bank Checking Account Rates

	Apy	Min	Max	Product
	0.50%	-	-	Business Interest Checking

RomAsia Bank Savings Account Rates

Apy	Min	Max	Product
1.00%	-	-	Student Savings
1.00%	-	-	Young Savers
0.75%	-	-	Premier Savings
0.50%	-	-	Statement Savings
0.50%	-	-	Business Statement Savings

RomAsia Bank Money Market Rates

Apy	Min	Max	Product
0.75%	$50k	-	Money Market Account
0.75%	$50k	-	Business Money Market Account

RomAsia Bank CD Rates

Apy	Min	Max	Product
1.60%	$2,500	-	48 Month CD
1.30%	$2,500	-	36 Month CD
1.15%	$2,500	-	24 Month CD
0.90%	$2,500	-	18 Month CD
0.75%	$2,500	-	6 Month CD
0.75%	$2,500	-	12 Month CD
0.50%	$2,500	-	3 Month CD

Rates updated: 5/27/2012

Data for Q1 2012

Institution Statistics

RomAsia Bank
OTS #	18057
FDIC Certificate #	58702
BankRate Report	View
Year Established	2008
Employees	26
Primary Regulator	OCC
Assets and Liabilities
Assets	$138.04 million
Loans	$55.47 million
Deposits	$110.44 million
Equity Capital	$15.88 million
Loan Loss Allowance	$574,000
Unbacked Noncurrent Loans	$1.57 million
Historic Data - March 2011
Assets	$132.45 million
Equity Capital	$12.50 million
Loan Loss Allowance	$596,000
Profit Margin - Quarterly
Net Interest Margin	2.99%
Return on Assets	0.27%
Return on Equity	2.33%
Interest Income	$1.37 million

Institution Health

Overall Score:

4 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 RomAsia Bank had $1.57 million in non-current loans and owned real-estate with $16.45 million in equity and loan loss allowances on hand to cover it. This gives RomAsia Bank a Texas Ratio of 9.52% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Deposit Growth
In the past year, RomAsia Bank has increased its total deposits by $3.58 million, resulting in 3.35% 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 RomAsia Bank has shown is above 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. RomAsia Bank has $138.04 million in assets with $16.45 million in equity, resulting in a capitalization level of 11.92%, which is above average.

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RomAsia Bank

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