Urban Partnership Bank

7054 South Jeffery Boulevard
Chicago, IL 60649
www.upbnk.com

OverView
Rates
Health
Reviews

Urban Partnership Bank is headquartered in Chicago and is the 28^th largest bank in the state of Illinois. It is also the 493^rd largest bank in the nation. It was established in 2010 and as of September of 2011, it had grown to 305 employees at 10 locations. Urban Partnership Bank's savings rates are 63% higher than the national average, but it has a 2-star health rating.

Special CD Rates at Urban Partnership Bank - Available Nationwide - 9/7/2011

Urban Partnership Bank is offering competitive rates on three of its CD specials: 2.42% APY 5-year CD, 1.46% APY 30-month CD and 1.16% APY 18-month CD. Mimimum deposit is $1,000, and the maximum balan ...

Urban Partnership Bank Increases Rates at ShoreBank Direct - 8/30/2010

When a bank fails and the FDIC arranges for another bank to take over, depositors often lose out. All of their insured deposits are safe, but if they have CDs, rates have often been cut. Depositors ar ...

Report an Issue

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

Urban Partnership Bank Checking Account Rates

Apy	Min	Max	Product
0.15%	$50k	-	Super NOW Checking
0.10%	-	-	NOW Checking

Urban Partnership Bank Savings Account Rates

Apy	Min	Max	Product
0.90%	$100k	-	Online Savings
0.25%	$50	-	All Express Savings

Urban Partnership Bank Money Market Rates

	Apy	Min	Max	Product
	0.70%	$100k	-	Money Market

Urban Partnership Bank CD Rates

Apy	Min	Max	Product
1.71%	$100k	-	5 Year CD
1.71%	$100k	-	260 Week CDARS
1.61%	$1k	$100k	60 Month CD
1.11%	$1k	$1m	42 Month CD
1.11%	$100k	-	3 Year CD
1.11%	$100k	-	156 Week CDARS
1.00%	$100k	-	2 Year CD
1.00%	$1k	$100k	30 Month CD
0.90%	$100k	-	104 Week CDARS
0.60%	$1k	$100k	18 Month CD
0.55%	$100k	-	1 Year CD
0.50%	$1k	$1m	12 Month CD
0.50%	$100k	-	270 Day CD
0.45%	$100k	-	210 Day CD
0.40%	$100k	-	52 Week CDARS
0.35%	$100k	-	180 Day CD
0.30%	$1k	$1m	6 Month CD
0.30%	$100k	-	150 Day CD
0.25%	$100k	-	120 Day CD
0.20%	$1k	$1m	3 Month CD
0.20%	$100k	-	90 Day CD
0.20%	$100k	-	26 Week CDARS
0.15%	$100k	-	60 Day CD
0.10%	$100k	-	30 Day CD
0.10%	$100k	-	13 Week CDARS

Urban Partnership Bank IRA Rates

Apy	Min	Max	Product
1.71%	-	-	60 Month IRA - Fixed
1.51%	-	-	60 Month IRA - Floating
1.21%	-	-	48 Month Educational IRA
1.11%	-	-	36 Month IRA
1.00%	-	-	24 Month Educational IRA
0.65%	-	-	18 Month IRA

Rates updated: 2/11/2012 * Not all products updated

Data for Q3 2011

Institution Statistics

Urban Partnership Bank
FDIC Certificate #	59051
BankRate Report	View
Year Established	2010
Employees	305
Primary Regulator	FDIC
Assets and Liabilities
Assets	$1.33 billion
Loans	$753.20 million
Deposits	$1.18 billion
Equity Capital	$140.79 million
Loan Loss Allowance	$50.96 million
Unbacked Noncurrent Loans	$263.05 million
Real Estate Owned	$683,000
Historic Data - September 2010
Assets	$1.36 billion
Equity Capital	$141.23 million
Loan Loss Allowance	$50,000
Unbacked Noncurrent Loans	$45,000
Real Estate Owned	$3.33 million
Profit Margin - Quarterly
Net Interest Margin	5.93%
Return on Assets	-0.45%
Return on Equity	-4.34%
Interest Income	$52.12 million

Institution Health

Overall Score:

2 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 Urban Partnership Bank had $263.74 million in non-current loans and owned real-estate with $191.75 million in equity and loan loss allowances on hand to cover it. This gives Urban Partnership Bank a Texas Ratio of 137.54% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Urban Partnership Bank increased slightly from 107.28% as of September 30, 2010 to 137.54% as of September 30, 2011, resulting in a negative change of 28.21%. This indicates that the balance sheet and financial strength for Urban Partnership Bank has declined slightly in recent periods.
Deposit Growth
In the past year, Urban Partnership Bank has increased its total deposits by $48.44 million, resulting in 4.28% 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 Urban Partnership Bank has shown is above average.
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. Urban Partnership Bank has $1.33 billion in assets with $191.75 million in equity, resulting in a capitalization level of 14.41%, which is excellent.