Universal Bank

3455 Nogales Street, Suite #105
West Covina, CA 91792
626-854-2818
www.universalbank.com

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Universal Bank is headquartered in West Covina and is the 116^st largest bank in the state of California. It is also the 1,919^st largest bank in the nation. It was established in 1954 and as of March of 2013, it had grown to 87 employees at 5 locations. Universal Bank's savings rates are 63% higher than the national average, and it has a 3-star health rating.

2.50% 24-Month & 2.10% 12-Month Jumbo CDs at Universal Bank in CA - Local Only - 11/25/2009

Universal Bank is offering competitive rates on its 1-year and 2-year CDs. They provide six interest rate tiers with the best rates available for a $100,000 minimum deposit: 2.10% APY for 1 year and 2.50% APY for 2 years. The rates for the lowest $1,000...

4.10% 12-Month CD at a California Bank (Universal). - 7/14/2008

Update 7/26/08: This CD is no longer listed at the bank's website. Please check with the bank for the latest specials and rates.Universal Bank is offering a 4.10% APY 12-month CD. The minimum deposit is $25,000. There's also a special "CD...

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

Universal Bank Checking Account Rates

Apy	Min	Max	Product
0.30%	$100k	-	Business Interest Checking
0.04%	$2,500	-	VIP Checking

Universal Bank Savings Account Rates

Apy	Min	Max	Product
0.85%	$100	-	Young Savers
0.04%	$100	-	ATM Savings

Universal Bank Money Market Rates

Apy	Min	Max	Product
0.15%	$50k	-	Money Market Savings
0.15%	$50k	-	Money Market Checking

Universal Bank CD Rates

Apy	Min	Max	Product
0.60%	$100k	-	2 Year CD
0.60%	$1k	-	3 Year CD
0.45%	$100k	-	60 Day CD
0.45%	$50k	-	1 Year CD
0.40%	$100k	-	30 Day CD
0.35%	$100k	-	180 Day CD
0.30%	$100k	-	90 Day CD

Universal Bank IRA Rates

	Apy	Min	Max	Product
	0.75%	$25k	-	18 Month IRA

Rates updated: 6/17/2013

Data for Q1 2013

Institution Statistics

Universal Bank
OTS #	05801
FDIC Certificate #	30722
BankRate Report	View
Year Established	1954
Employees	87
Primary Regulator	OCC
Assets and Liabilities
Assets	$340.70 million
Loans	$239.09 million
Deposits	$298.65 million
Equity Capital	$38.93 million
Loan Loss Allowance	$10.16 million
Unbacked Noncurrent Loans	$13.10 million
Historic Data - March 2012
Assets	$429.81 million
Equity Capital	$44.50 million
Loan Loss Allowance	$10.38 million
Unbacked Noncurrent Loans	$18.88 million
Real Estate Owned	$4.64 million
Profit Margin - Quarterly
Net Interest Margin	3.72%
Return on Assets	-0.43%
Return on Equity	-3.85%
Interest Income	$3.40 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 March 31, 2013 Universal Bank had $13.1 million in non-current loans and owned real-estate with $49.09 million in equity and loan loss allowances on hand to cover it. This gives Universal Bank a Texas Ratio of 26.68% 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 Universal Bank decreased slightly from 42.84% as of March 31, 2012 to 26.68% as of March 31, 2013, resulting in a positive change of 37.72%.This indicates that the balance sheet and financial strength for Universal Bank has improved slightly in recent periods.
Deposit Growth
In the past year, Universal Bank has decreased its total deposits by -$82.59 million, resulting in -21.66% 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 Universal 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. Universal Bank has $340.7 million in assets with $49.09 million in equity, resulting in a capitalization level of 14.41%, which is excellent.