West Valley National Bank is headquartered in Goodyear and is the 23rd largest bank in the state of Arizona. It is also the 6,266th largest bank in the nation. It was established in 2006 and as of September of 2013, it had grown to 14 employees at 3 locations. West Valley National Bank has a B+ health rating.
I was a client of this bank and I would NOT recommend anyone to go there. There online banking is terrible. Also, there service is terrible. The employee turn over is very high. People come and go at this place. They had some good hard working employees leave because of the CEO. When the good employees leave so does the service. In speaking with a few of the employees there they are treated very poor by the CEO Candace W. and she loves to micro-manage them. It's either her way or the highway! She won't even listen to her employees suggestions because she thinks she is just so powerful and knows everything. If she continue to manage this bank and the employee turn over does NOT stabilize this bank will not be around in the next few years. STAY AWAY!!
This is the worst run bank I have ever seen. The turnover is over 200% a year becasue of the CEO. She apparently treats all of her employees like garbage and they leave after 4-5 months. The bank losses money each year but the Board keeps her on. Go figure. Put your money somewhere else.
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, 2013 West Valley National Bank had $1.67 million in non-current loans and owned real-estate with $9.31 million in equity and loan loss allowances on hand to cover it. This gives West Valley National Bank a Texas Ratio of 17.94% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
The Texas Ratio for West Valley National Bank decreased slightly from 23.76% as of September 30, 2012 to 17.94% as of September 30, 2013, resulting in a positive change of 24.48%.This indicates that the balance sheet and financial strength for West Valley National Bank has improved slightly in recent periods.
In the past year, West Valley National Bank has increased its total deposits by $2.45 million, resulting in 8.04% 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 West Valley National Bank has shown is excellent.
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. West Valley National Bank has $42.74 million in assets with $9.31 million in equity, resulting in a capitalization level of 21.78%, which is excellent.
|FDIC Certificate #||58426|
|Assets and Liabilities|
|Equity Capital||$8.70 million|
|Loan Loss Allowance||$605,000|
|Unbacked Noncurrent Loans||$15,000|
|Real Estate Owned||$1.66 million|
|Historic Data - September 2012|
|Equity Capital||$9.89 million|
|Loan Loss Allowance||$713,000|
|Unbacked Noncurrent Loans||$15,000|
|Real Estate Owned||$2.44 million|
|Profit Margin - Quarterly|
|Net Interest Margin||4.46%|
|Return on Assets||-2.72%|
|Return on Equity||-12.63%|
|Interest Income||$1.37 million|
Sorry, we do not have rate data for West Valley National Bank
|West Valley National Bank Locations|
|Buckeye Branch||111 E. Monroe Avenue, Suite 100||Buckeye, AZ 85326|
|West Valley National Bank||12725 West Indian School Road, Suite C-108||Avondale, AZ 85323|
|Scottsdale Branch||5635 N. Scottsdale Rd. Suite 150||Scottsdale, AZ 85250|