2 star ratingAverage User Rating:
2 star rating based on 8 reviews.

Susquehanna Bank

Susquehanna Bank Locations
9 East Main Street
Lititz, PA 17543
800.311.3182
www.susquehanna.net

FDIC


Susquehanna Bank is headquartered in Lititz and is the 2nd largest bank in the state of Pennsylvania. It is also the 67th largest bank in the nation. It was established in 1901 and as of March of 2013, it had grown to 2,451 employees at 279 locations. Susquehanna Bank has a 5-star health rating.

Related Posts

$100 Checking Account Promotion at Susquehanna Bank in Parts of PA, MD, NJ & WV Only - 4/23/2012

Susquehanna Bank is offering a $100 bonus for opening a personal checking account and for completing 5 transactions each month for the first four months. The offer is listed at this Susquehanna Bank p ...

$150 Checking Account Promotion at Susquehanna Bank in Parts of PA, MD, NJ & WV Only - 12/13/2010

Susquehanna Bank is offering up to $150 in its checking account promotion. It's listed on the bank's front page. Here's the link to the promotion page . A new personal checking account must be opened ...

4.50% 60-Month CD at a MD/PA/NJ Bank - T-Bill Index (Susquehanna) - 6/23/2008

Susquehanna Bank is offering a promotional CD called the Can't Lose 60-month Special. It has a variable rate, but it can't be less than 4.50% APY. The rate will be set at the beginning of each month and is the greater of the 91-day T-bill rate or 4.50%...

$150 Checking Account Bonus at Susquehanna Bank - 3/18/2008

Update 4/07/08: It has been reported that the bank has ended this promotion early.Susquehanna Bank has a $150 checking account promotion. A $75 Visa gift card is awarded when you open a free checking account. An additional $25 is added for each of the...


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Data for Q1 2013


Institution Statistics


Susquehanna Bank
FDIC Certificate #7579
BankRate ReportView
Year Established1901
Employees2451
Primary RegulatorFED

Assets and Liabilities

Assets$17.91 billion
Loans$12.82 billion
Deposits$12.71 billion
Equity Capital$2.74 billion
Loan Loss Allowance$176.38 million
Unbacked Noncurrent Loans$109.74 million
Real Estate Owned$26.30 million

Historic Data - March 2012

Assets$17.71 billion
Equity Capital$2.73 billion
Loan Loss Allowance$194.42 million
Unbacked Noncurrent Loans$142.79 million
Real Estate Owned$40.75 million

Profit Margin - Quarterly

Net Interest Margin3.94%
Return on Assets1%
Return on Equity6.55%
Interest Income$174.47 million

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
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, 2013 Susquehanna Bank had $136.04 million in non-current loans and owned real-estate with $2.92 billion in equity and loan loss allowances on hand to cover it. This gives Susquehanna Bank a Texas Ratio of 4.66% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend4
The Texas Ratio for Susquehanna Bank decreased slightly from 6.30% as of March 31, 2012 to 4.66% as of March 31, 2013, resulting in a positive change of 26.07%.This indicates that the balance sheet and financial strength for Susquehanna Bank has improved slightly in recent periods.
Deposit Growth4
In the past year, Susquehanna Bank has increased its total deposits by $130.53 million, resulting in 1.04% 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 Susquehanna Bank has shown is above average.
Capitalization5
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. Susquehanna Bank has $17.91 billion in assets with $2.92 billion in equity, resulting in a capitalization level of 16.31%, which is excellent.
Write Review

Never Feel Like A Number.
5 stars - ally2243 - Friday, May 13, 2011 - 2:22 PM

I have been with Susquehanna bank for 12 years. I almost went to another a few years ago but decided not to. I recently had an issue with my checking account so I emailed my branch's manager. I had been charged three times from my insurance company which over drew my account resulting in an overdraft fee. She emailed me back with the specifics of what to do. After contacting my insurance company and getting absolutely nowhere with them, I emailed her back telling her thanks for her they could not do anything but thanks for advice anyway. She got back to me right away and said she would wave my overdraft fee solely because she felt bad for me. I was amazed that someone in her position would actually take the time and effort to make one customer out of millions feel like someone out there cares. I'll never leave my bank.

4

Allowed ACH Automatic Debits To Cause $750 In Bank Fees Despite Overdraft Opt Out!
1 stars - josephbelt01 - Wednesday, June 19, 2013 - 5:22 PM

I opted out of the bank overdraft protection for my debit card the moment the law took effect. Unfortunately, the law does not apply to automatic monthly ACH debits such as utility bills, loan payments, car insurance, etc. The bank can still process these transactions and charge you a fee. They allowed my checking account to be drained negative -$1000 and also charged roughly $700 in bank fees for the privilege. They then closed the checking account which I've had for the past 16 years. Three weeks after they closed my account a $3000 direct deposit was made to the closed account. I called to ask what they would do with the deposit since the account no longer existed. They said the deposit wouldn't be processed and it would be returned to the sender. After a week of not having a paycheck I called and they said there was no record of the deposit being made. On a hunch I looked at the closed account online - they processed the deposit in order to collect $150 in additional bank fees. The scanned deposit ticket listed the remainder to be "refunded". It's criminal..

2

Susquehanna - Terrible Bank!
1 stars - kpowell - Tuesday, September 25, 2012 - 3:50 PM

Have moved a few times and had different banks.  Have never had a worse bank than Susquehanna Bank.  List goes on forever, but no standard as time for deposits to clear, ATM fees for everything except their own bank (even Wawa), a $5 overdraft fee EVERY DAY even when it wan't my overdraft (bank error).  If you want your sanity, stay away from this bank.

2

A Bank I Will Never Recommend
1 stars - 142411 - Wednesday, August 8, 2012 - 6:06 PM

After 7 years as a customer-not a rich one, but always paid any fees, even when I'm in error. I recently went throuh a horrible situation from a clinet sending me checks and not having the funds available when I made my deposits. From the initial time I even tried to deposit, was made to feel like I was doing something "Wrong".  As a freelancer, we get paid in large amounts sometimes, from many different sources.  And sometimes not paid, which is what was occurring in this situation from my client. After a calamady of errors-which I sent copies of emails promptly to my bank rep to make sure there would be no question or error, I was finally wired my proper funding from my client...only to find out when I tried t ouse my card for gas that my acct. was now restricted.  I called the bank, and was informed by the rep that even the security dept told the rep NOT to email me back!  WHAT?!  So I was never informed in a civil manner of anything about my account. All of my transactions were t ogo through security first from now on. This had made me want to write 99 cent checks everyday until my balance is zero, as I am so livid. I was not treated humanly for simply trying to be paid from my client and now my money is held onto by the bank at their discretion. As soon as I pay my bills from my acct, I will be closing it. I have already recommended to 3 people to do the same and as long as I see anyonewho pulls out a Susquehanna card, I will share my tale.

2

Very Poor Customer Service.
1 stars - antelope59 - Wednesday, March 21, 2012 - 9:25 AM

I wholly agree with Robert's comments. I've used several banks in my travels, and Susquehanna sets the standard for poor customer service. I've banked at both the Spry and Manchester locations, and found that the tellers are not very friendly, and are poorly trained in banking procedures. For the first two months I had to show ID every time I went to the Spry office- to simply deposit paychecks! Real personalized service! At Manchester, I deposited an $80K check from Charles Schwab and was told by the arrogant teller that I couldn't access MY MONEY for ten business days! I had to call the Lancaster Headquarters to get someone to clear it up. It turns out that all the lazy teller had to do was call Schwab to verify the check was valid- but that would have made her actually work, so that wasn't going to happen. Anyway, bank anywhere else but Susquehanna and save yourself a lot of aggravation.

 

2

Worst Bank Ever
1 stars - roberty - Thursday, February 23, 2012 - 10:10 AM

20 Days from application to receipt of a debit card. Bottom line stay far away from this company unless you like pointless procedures, banking mistakes and poor customer service.

Read my entire experience here

the purple mango: Susquehanna Bank

2

Terrible Bank
1 stars - nobodyimportant - Tuesday, January 15, 2013 - 11:47 AM

This bank is a terrible organization. After asking for help several times, my mom is now bring sued and we are being forced to leave our home where we've been for 13 years. They refused to help with taxes and refinancing when we needed help the most. I will never deal with this bank or suggest that anyone uses them for any of their financial needs.

1

Most Welcoming Atmosphere
5 stars - Anonymous - Tuesday, June 5, 2012 - 11:04 AM

I have been banking with Susquehanna Bank since they acquired Blueball bank in 2008 and couldn't be happier with my experience! The tellers all great me promptly and know my name. Some other banks in the area that I have visited did not even acknowledge me when i entered. I can not judge an institution on one location, but i have never had an issue with Susquehanna Bank. I have contacted my local branch on many occasion and whatever my issue may have been they took care of it promptly and also apologized for any inconvenience it may have caused. I would not change my primary banking institution at this time unless they would start charging me for a basic checking account.

1