Thrivent Financial Bank

Thrivent Financial Bank Locations
2000 E Milestone Drive
Appleton, WI 54919
612-844-8273
www.thrivent.com



Thrivent Financial Bank is headquartered in Appleton and is the 34th largest bank in the state of Wisconsin. It is also the 1,233rd largest bank in the nation. It was established in 1998 and as of September of 2011, it had grown to 156 employees at 4 locations. Thrivent Financial Bank has a 5-star health rating.

Related Posts

Thrivent Financial Bank Plans To Convert To Credit Union (Forum) - 12/13/2011

Thrivent is still seeking regulator approval. The letter I received said they hope to receive approval in the first half of 2012. Apparently, existing bank customers would become members of the new credit union.

$50 Checking Account Bonus and Free ATM Withdrawals at Thrivent Financial Bank - Available Nationwide - 9/23/2010

Thrivent Financial Bank has increased its bonus to $100 for opening its reward checking account. They call it a reward checking, but there's no high-yield (current rate is only 0.41%). However, it doe ...

$50 Checking Account Bonus and Unlimited Free ATM Withdrawals at Thrivent Financial Bank - Available Nationwide - 6/21/2010

Thrivent Financial Bank continues to offer a $50 bonus for opening its rewards checking account. They call it a reward checking, but there's no high-yield (current rate is only 0.41%). However, it doe ...

$50 Checking Account Bonus at Thrivent Financial Bank - Available Nationwide - 12/17/2009

Thrivent Financial Bank is offering a $50 bonus for opening its rewards checking account. They call it a reward checking, but it's not a high-yield reward checking account. There are no debit card usage requirement, but it does require direct...



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

Thrivent Financial Bank Checking Account Rates

ApyMinMaxProduct
0.20%--Thrivent Rewards Checking Account

Thrivent Financial Bank Savings Account Rates

ApyMinMaxProduct
0.50%$2,500-Emergency Reserve Savings
0.10%$50-Preferred Savings

Thrivent Financial Bank Money Market Rates

ApyMinMaxProduct
0.60%$100k-Thrivent Rewards Money Market
0.40%$100k-Preferred Plus Money Market

Thrivent Financial Bank CD Rates

ApyMinMaxProduct
1.35%$1k-60 Month Standard CD
1.06%$1k-48 Month Standard CD
0.85%$1k-30 Month CD Special
0.70%$1k-36 Month Standard CD
0.70%$5k-14 Month CD Special
0.65%$5k-12 Month Flex CD Special
0.50%$1k-24 Month Standard CD
0.35%$1k-18 Month Standard CD
0.35%$5k-24 Month Flex CD
0.30%$1k-12 Month Standard CD
0.25%$1k-9 Month Standard CD
0.25%$5k-18 Month Flex CD
0.20%$1k-6 Month Standard CD
0.15%$1k-3 Month Standard CD

Rates updated: 2/11/2012

Data for Q3 2011


Institution Statistics


Thrivent Financial Bank
OTS #15054
FDIC Certificate #34799
BankRate ReportView
Year Established1998
Employees156
Primary RegulatorOCC

Assets and Liabilities

Assets$545.72 million
Loans$426.02 million
Deposits$444.10 million
Equity Capital$62.82 million
Loan Loss Allowance$3.99 million
Unbacked Noncurrent Loans$3.38 million
Real Estate Owned$1.16 million

Historic Data - September 2010

Assets$559.82 million
Equity Capital$60.42 million
Loan Loss Allowance$4.72 million
Unbacked Noncurrent Loans$3.63 million
Real Estate Owned$2.10 million

Profit Margin - Quarterly

Net Interest Margin4.02%
Return on Assets0.4%
Return on Equity3.59%
Interest Income$19.48 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 September 30, 2011 Thrivent Financial Bank had $4.54 million in non-current loans and owned real-estate with $66.82 million in equity and loan loss allowances on hand to cover it. This gives Thrivent Financial Bank a Texas Ratio of 6.80% 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 Thrivent Financial Bank decreased slightly from 8.86% as of September 30, 2010 to 6.80% as of September 30, 2011, resulting in a positive change of 23.28%.This indicates that the balance sheet and financial strength for Thrivent Financial Bank has improved slightly in recent periods.
Deposit Growth4
In the past year, Thrivent Financial Bank has increased its total deposits by $8.49 million, resulting in 1.95% 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 Thrivent Financial 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. Thrivent Financial Bank has $545.72 million in assets with $66.82 million in equity, resulting in a capitalization level of 12.24%, which is excellent.
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