Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
800-407-2846
200 North School Street
Ukiah, CA 95482

Savings Bank of Mendocino County is headquartered in Ukiah and is the 55th largest bank in the state of California. It is also the 703rd largest bank in the nation. It was established in 1903 and as of March of 2014, it had grown to 233 employees at 10 locations. Savings Bank of Mendocino County has a A+ health rating.

No reviews have been left for this bank yet. Be the first to review.



Health

Data for Q1 2014

Institution Health

A+

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Savings Bank of Mendocino County had $10.32 million in non-current loans and owned real-estate with $166.37 million in equity and loan loss allowances on hand to cover it. This gives Savings Bank of Mendocino County a Texas Ratio of 6.20% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for Savings Bank of Mendocino County decreased dramatically from 19.90% as of March 31, 2013 to 6.20% as of March 31, 2014, resulting in a positive change of 68.83%.This indicates that the balance sheet and financial strength for Savings Bank of Mendocino County has improved dramatically in recent periods.

Deposit Growth

GRADE:
B+

In the past year, Savings Bank of Mendocino County has increased its total deposits by $21.32 million, resulting in 2.73% 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 Savings Bank of Mendocino County has shown is above average.

Capitalization

GRADE:
A+

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. Savings Bank of Mendocino County has $960.57 million in assets with $166.37 million in equity, resulting in a capitalization level of 17.32%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #8011
Year Established1903
Employees233
Primary RegulatorFDIC
Assets and Liabilities
Assets$960.57 million
Loans$347.63 million
Deposits$802.74 million
Equity Capital$154.67 million
Loan Loss Allowance$11.70 million
Unbacked Noncurrent Loans$8.34 million
Real Estate Owned$1.98 million
Historic Data - March 2013
Assets$936.55 million
Equity Capital$152.06 million
Loan Loss Allowance$11.89 million
Unbacked Noncurrent Loans$8.34 million
Real Estate Owned$5.92 million
Profit Margin - Quarterly
Net Interest Margin2.94%
Return on Assets0.86%
Return on Equity5.37%
Interest Income$7.22 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Savings Bank of Mendocino County, we are a rate comparison website and can not provide official rates or promotions.

Savings Bank of Mendocino County Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.05%$100-Regular Savings
0.05%--Holiday Savings
0.05%$100-Business Savings
0.05%$25-Minor Savings
0.05%$100-IRA Savings Account

Savings Bank of Mendocino County Money Market Rates

DetailsAPYMINMAXPRODUCT
0.15%$50k-Insured Money Market

Savings Bank of Mendocino County Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.15%$25k-HSA Checking
0.05%--Check and Save
0.05%--Business Interest Checking

Savings Bank of Mendocino County CD Rates

DetailsAPYMINMAXPRODUCT
0.75%$10k-60 Months Maximum CD
0.50%$10k-36 to 60 Months CD
0.45%$10k-24 to 36 Months CD
0.30%$10k-12 to 24 Months CD
0.20%$10k-183 thru 364 Days CD
0.15%$10k-92 thru 182 Days CD
0.10%$2,500-32 thru 91 Days CD

Savings Bank of Mendocino County IRA Rates

DetailsAPYMINMAXPRODUCT
0.75%$10k-60 Months Maximum IRA
0.50%$10k-36 to 60 Months IRA
0.45%$10k-24 to 36 Months IRA
0.30%$10k-12 to 24 Months IRA
0.20%$10k-183 thru 364 Days IRA
0.15%$10k-92 thru 182 Days IRA
0.10%$2k-32 thru 91 Days IRA
Locations


Savings Bank of Mendocino County Locations
Mendocino Branch10500 Lansing StreetMendocino, CA 95460
South Ukiah Branch1100 Airport BoulevardUkiah, CA 95482
Hopland Branch13411 South Highway 101Hopland, CA 95449
Willits Branch145 South Main StreetWillits, CA 95490
Savings Bank Of Mendocino County200 North School StreetUkiah, CA 95482
Pear Tree Branch414 East Perkins StreetUkiah, CA 95482
Laytonville Branch44920 Highway 101Laytonville, CA 95454
Fort Bragg Branch490 South Franklin StreetFort Bragg, CA 95437
Lakeport Branch650 North Main StreetLakeport, CA 95453
Redwood Valley Branch8431 East RoadRedwood Valley, CA 95470