Stonebridge Bank is headquartered in West Chester and is the 144th largest bank in the state of Pennsylvania. It is also the 3,444th largest bank in the nation. It was established in 1999 and as of March of 2014, it had grown to 34 employees at 5 locations. Stonebridge Bank has a C health rating.
Customer since 2001. No complaints. Customer service is reliable. Issues are resolved quickly. No ATM fees – not even for foreign currency transactions. Reliable bill payments. Customer to customer transfers online supported. Your choice of ATM or Debit card (or both). I really hope this bank pulls through the recession.
I would never do business with this Bank again. They hide behind fine print and are out to cheat the consumer. When a CD matured on a weekend and the following Monday was a holiday, they only paid interest through the maturity date, yet they kept the proceeds for an additional 3 days. When dealing with other banks, I have found that they pay interest for such a period. I believe Stonebridge will not exist in 5 years and suggest potential depositors find other institutions. I have suggested to Bankrate.com that they lower their rating on this institution.
Don't waste your time with these people. The branch manager is an incredibly rude man. I called him with a simple question and he YELLED at me, and before he HUNG UP on me he informed me I should take my business to Wells Fargo. Which I did. And I am much happier now.
The bank has deteriorated over the time we have used them which is close to 5 years. Financial status appears very unstable. Bill pay which used to happen is now taking almost 2 weeks during which time I think they are using our funds for their own purposes.
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 Stonebridge Bank had $7.77 million in non-current loans and owned real-estate with $9.92 million in equity and loan loss allowances on hand to cover it. This gives Stonebridge Bank a Texas Ratio of 78.28% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
The Texas Ratio for Stonebridge Bank decreased dramatically from 135.78% as of March 31, 2013 to 78.28% as of March 31, 2014, resulting in a positive change of 42.35%.This indicates that the balance sheet and financial strength for Stonebridge Bank has improved dramatically in recent periods.
In the past year, Stonebridge Bank has decreased its total deposits by -$41.87 million, resulting in -22% 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 Stonebridge Bank has shown is poor.
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. Stonebridge Bank has $167.68 million in assets with $9.92 million in equity, resulting in a capitalization level of 5.92%, which is below average.
|FDIC Certificate #||35077|
|Assets and Liabilities|
|Equity Capital||$8.42 million|
|Loan Loss Allowance||$1.50 million|
|Unbacked Noncurrent Loans||$2.60 million|
|Real Estate Owned||$5.17 million|
|Historic Data - March 2013|
|Equity Capital||$12.78 million|
|Loan Loss Allowance||$2.84 million|
|Unbacked Noncurrent Loans||$2.60 million|
|Real Estate Owned||$10.54 million|
|Profit Margin - Quarterly|
|Net Interest Margin||3.26%|
|Return on Assets||0.26%|
|Return on Equity||5.58%|
|Interest Income||$1.60 million|
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|0.30%||-||-||Statement Savings Account|
|0.30%||-||-||Premier Money Market Account|
|0.30%||$100||-||Dot Org Money Market|
|0.15%||$50k||-||Business Money Market|
|0.05%||-||-||Stonebridge Money Market|
|0.05%||-||-||Dot Org Checking|
|0.05%||-||-||Sole Proprietorship Checking|
|1.00%||$500||-||60 Month CD|
|1.00%||$500||-||Business 60 Month CD|
|0.95%||$500||-||36 Month CD|
|0.95%||$500||-||Business 36 Month CD|
|0.80%||$500||-||24 Month CD|
|0.80%||$500||-||Business 24 Month CD|
|0.72%||$500||-||18 Month CD|
|0.72%||$500||-||Business 18 Month CD|
|0.65%||$500||-||12 Month CD|
|0.65%||$500||-||Business 12 Month CD|
|0.45%||$500||-||6 Month CD|
|0.45%||$500||-||Business 6 Month CD|
|1.00%||$500||-||60 Month IRA|
|0.95%||$500||-||36 Month IRA|
|0.80%||$500||-||24 Month IRA|
|0.72%||$500||-||18 Month IRA|
|0.65%||$500||-||12 Month IRA|
|0.45%||$500||-||6 Month IRA|
|Stonebridge Bank Locations|
|Warminster Branch||319 East Street Road||Warminster, PA 18974|
|West Chester Office Branch||624 Willowbrook Lane||West Chester, PA 19382|
|Stonebridge Bank||624 Willowbrook Lane||West Chester, PA 19382|
|Customer Service Center Branch||624 Willowbrook Lane||West Chester, PA 19382|
|Blue Bell Branch||721 Skippack Pike||Blue Bell, PA 19422|