United Orient Bank

10 Chatham Square
New York, NY 10038
2112-349-1100
www.uobusa.com

OverView
Rates
Health
Reviews

United Orient Bank is headquartered in New York and is the 162^nd largest bank in the state of New York. It is also the 5,298^th largest bank in the nation. It was established in 1981 and as of September of 2011, it had grown to 34 employees at 2 locations. United Orient Bank's CD rates are 11% higher than the national average, and it has a 3-star health rating.

United Orient Bank Routing Number: 026002752

2.00% 9-Month CD at United Orient Bank in New York City - Local Only - 12/16/2009

United Orient Bank has two competitive CD rates: a 2.00% APY 9-month CD and a 2.18% APY 18-month CD. Minimum deposit is $5,000. Lower rates are available for a $500 minimum. These rates are listed at the bank's CD rates page as of 12/16/09.It appears...

Report an Issue

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

United Orient Bank Checking Account Rates

	Apy	Min	Max	Product
	0.40%	$1k	-	N.O.W Checking

United Orient Bank Savings Account Rates

Apy	Min	Max	Product
0.40%	$100	-	Passbook Savings
0.40%	$100	-	Statement Savings

United Orient Bank Money Market Rates

	Apy	Min	Max	Product
	0.40%	$500	-	Money Market Account

United Orient Bank CD Rates

Apy	Min	Max	Product
1.25%	$500	-	2 Year CD
1.00%	$500	-	12 Month CD
1.00%	$500	-	18 Month CD
0.90%	$500	-	6 Month CD
0.90%	$500	-	9 Month CD
0.50%	$2,500	-	1 Month CD
0.50%	$500	-	3 Month CD

United Orient Bank IRA Rates

Apy	Min	Max	Product
1.00%	$500	-	12 Month IRA
1.00%	$500	-	18 Month IRA

Rates updated: 2/11/2012

Data for Q3 2011

Institution Statistics

United Orient Bank
FDIC Certificate #	23373
BankRate Report	View
Year Established	1981
Employees	34
Primary Regulator	FDIC
Assets and Liabilities
Assets	$87.67 million
Loans	$79.88 million
Deposits	$72.92 million
Equity Capital	$10.27 million
Loan Loss Allowance	$1.23 million
Unbacked Noncurrent Loans	$2.88 million
Historic Data - September 2010
Assets	$96.58 million
Equity Capital	$9.87 million
Loan Loss Allowance	$1.15 million
Unbacked Noncurrent Loans	$631,000
Profit Margin - Quarterly
Net Interest Margin	5.49%
Return on Assets	0.41%
Return on Equity	3.57%
Interest Income	$3.92 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 United Orient Bank had $2.88 million in non-current loans and owned real-estate with $11.51 million in equity and loan loss allowances on hand to cover it. This gives United Orient Bank a Texas Ratio of 25.06% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for United Orient Bank increased slightly from 5.72% as of September 30, 2010 to 25.06% as of September 30, 2011, resulting in a negative change of 337.87%. This indicates that the balance sheet and financial strength for United Orient Bank has declined slightly in recent periods.
Deposit Growth
In the past year, United Orient Bank has decreased its total deposits by -$12.15 million, resulting in -14.28% 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 United Orient Bank has shown is poor.
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. United Orient Bank has $87.67 million in assets with $11.51 million in equity, resulting in a capitalization level of 13.12%, which is excellent.