Talmer Bank and Trust

2301 West Big Beaver Road
Troy, MI 48084
(248) 649-2301
www.talmerbank.com

OverView
Rates
Health
Reviews

Talmer Bank and Trust is headquartered in Troy and is the 5^th largest bank in the state of Michigan. It is also the 321^st largest bank in the nation. It was established in 2007 and as of September of 2011, it had grown to 860 employees at 56 locations. Talmer Bank and Trust has a 3-star health rating.

Talmer Bank and Trust Routing Number: 072414255

First Michigan Bank Reduces Rates On Existing CD's (Forum) - 6/14/2010

First Michigan Bank has exercised its option to lower CD rates on accounts it acquired via the (4-30-10) closing of Citizens First Bank: Old 22 month CD rate was 3.11% (APY 3.15%) New 22 month CD rate is 0.75% or 1.35% (A

Report an Issue

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

Talmer Bank and Trust Checking Account Rates

Apy	Min	Max	Product
0.25%	$50k	-	Platinum NOW Checking
0.10%	-	-	iBusiness Checking
0.05%	-	-	Classic NOW Checking

Talmer Bank and Trust Savings Account Rates

Apy	Min	Max	Product
0.35%	$250k	-	IRA Savings
0.35%	$250k	-	Roth IRA Savings
0.35%	$250k	-	SEP IRA Savings
0.25%	$15k	-	Health Savings Account (HSA)
0.15%	-	-	Holiday Savings
0.15%	-	-	Kids Club Savings
0.15%	-	-	Classic Savings
0.15%	-	-	Business Savings

Talmer Bank and Trust Money Market Rates

Apy	Min	Max	Product
0.50%	$5m	-	Business Prime Money Market
0.50%	$5m	-	Personal Prime Money Market
0.30%	$50k	-	Personal Money Market
0.30%	$50k	-	Business Money Market

Talmer Bank and Trust CD Rates

Apy	Min	Max	Product
1.36%	-	-	72 Month CD
1.36%	-	-	Business 72 Month CD
1.26%	-	-	60-71 Month CD
1.26%	-	-	Business 60-71 Month CD
0.90%	-	-	48-59 Month CD
0.90%	-	-	Business 48-59 Month CD
0.75%	-	-	36-47 Month CD
0.75%	-	-	Business 36-47 Month CD
0.65%	-	-	30-35 Month CD
0.65%	-	-	Business 30-35 Month CD
0.55%	-	-	24-29 Month CD
0.55%	-	-	Business 24-29 Month CD
0.50%	-	-	18-23 Month CD
0.50%	-	-	Business 18-23 Month CD
0.45%	-	-	12-17 Month CD
0.45%	$100k	-	20 Month CD
0.45%	-	-	Business 12-17 Month CD
0.45%	$100k	-	Business 20 Month CD
0.30%	$100k	-	180-364 Day CD
0.30%	$100k	-	Business 180-364 Day CD
0.25%	$100k	-	32-89 Day CD
0.25%	$100k	-	90-179 Day CD
0.25%	$100k	-	Business 32-89 Day CD
0.25%	$100k	-	Business 90-179 Day CD
0.20%	$100k	-	7-31 Day CD
0.20%	$100k	-	Business 7-31 Day CD

Talmer Bank and Trust IRA Rates

Apy	Min	Max	Product
1.36%	-	-	72 Month IRA
1.36%	-	-	72 Month Roth IRA
1.26%	-	-	60-71 Month IRA
1.26%	-	-	60-71 Month Roth IRA
1.26%	-	-	60-71 Month SEP IRA
0.90%	-	-	48-59 Month IRA
0.90%	-	-	48-59 Month Roth IRA
0.90%	-	-	48-59 Month SEP IRA
0.75%	-	-	36-47 Month IRA
0.75%	-	-	36-47 Month Roth IRA
0.75%	-	-	36-47 Month SEP IRA
0.65%	-	-	30-35 Month IRA
0.65%	-	-	30-35 Month Roth IRA
0.65%	-	-	30-35 Month SEP IRA
0.55%	-	-	24-29 Month IRA
0.55%	-	-	24-29 Month Roth IRA
0.55%	-	-	24-29 Month SEP IRA
0.50%	-	-	18-23 Month IRA
0.50%	-	-	18-23 Month Roth IRA
0.50%	-	-	18-23 Month SEP IRA
0.45%	-	-	12-17 Month IRA
0.45%	$100k	-	20 Month IRA
0.45%	-	-	12-17 Month Roth IRA
0.45%	$100k	-	20 Month Roth IRA
0.45%	-	-	12-17 Month SEP IRA
0.45%	$100k	-	20 Month SEP IRA
0.30%	$100k	-	180-364 Day IRA
0.30%	$100k	-	180-364 Day Roth IRA
0.30%	$100k	-	180-364 Day SEP IRA
0.25%	$100k	-	32-89 Day IRA
0.25%	$100k	-	90-179 Day IRA
0.25%	$100k	-	32-89 Day Roth IRA
0.25%	$100k	-	90-179 Day Roth IRA
0.25%	$100k	-	32-89 Day SEP IRA
0.25%	$100k	-	90-179 Day SEP IRA
0.20%	$100k	-	7-31 Day IRA
0.20%	$100k	-	7-31 Day Roth IRA
0.20%	$100k	-	7-31 Day SEP IRA

Rates updated: 2/11/2012

Data for Q3 2011

Institution Statistics

Talmer Bank and Trust
FDIC Certificate #	58132
BankRate Report	View
Year Established	2007
Employees	860
Primary Regulator	FDIC
Assets and Liabilities
Assets	$2.15 billion
Loans	$1.20 billion
Deposits	$1.76 billion
Equity Capital	$283.14 million
Loan Loss Allowance	$37.31 million
Unbacked Noncurrent Loans	$158.73 million
Real Estate Owned	$21.18 million
Historic Data - September 2010
Assets	$1.27 billion
Equity Capital	$192.76 million
Loan Loss Allowance	$5.23 million
Unbacked Noncurrent Loans	$4.55 million
Real Estate Owned	$9.19 million
Profit Margin - Quarterly
Net Interest Margin	7.47%
Return on Assets	2.39%
Return on Equity	18.25%
Interest Income	$88.94 million

Institution Health

Overall Score:

3 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 September 30, 2011 Talmer Bank and Trust had $179.91 million in non-current loans and owned real-estate with $320.44 million in equity and loan loss allowances on hand to cover it. This gives Talmer Bank and Trust a Texas Ratio of 56.14% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Talmer Bank and Trust increased slightly from 25.76% as of September 30, 2010 to 56.14% as of September 30, 2011, resulting in a negative change of 117.92%. This indicates that the balance sheet and financial strength for Talmer Bank and Trust has declined slightly in recent periods.
Deposit Growth
In the past year, Talmer Bank and Trust has increased its total deposits by $718.56 million, resulting in 69.17% 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 Talmer Bank and Trust has shown is excellent.
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. Talmer Bank and Trust has $2.15 billion in assets with $320.44 million in equity, resulting in a capitalization level of 14.90%, which is excellent.

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

Talmer Bank and Trust

Related Posts