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Overview / Commentary
3550 East First Avenue
Denver, CO 80206

Young Americans Bank is headquartered in Denver and is the 97th largest bank in the state of Colorado. It is also the 6,750th largest bank in the nation. It was established in 1987 and as of December of 2013, it had grown to 7 employees at 2 locations. Young Americans Bank has a B health rating.

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Reviews (1)

Monthly Fees And Account Closure With No Notice

Watch out, this bank charged montly fees until my child's account reached zero and then closed it.  We never received notice of any of this.  It was for inactivity.  However, this was a savings account that my child was told to leave alone in order to watch the interest grow.  She is a child and didn't have money to continually deposit, but she didn't withdraw either.  She thought her account was growing.  Actually, it was being slowly depleted by this bank.  Very unethical for a bank geared towards children.  You have made my child not trust banks or want to open any other account.



Health

Data for Q4 2013

Institution Health

B
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Young Americans Bank has a low asset base.

Texas Ratio

GRADE:
A+

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 December 31, 2013 Young Americans Bank had $0 in non-current loans and owned real-estate with $1.07 million in equity and loan loss allowances on hand to cover it. This gives Young Americans Bank a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Deposit Growth

GRADE:
A

In the past year, Young Americans Bank has increased its total deposits by $445,000, resulting in 3.27% 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 Young Americans Bank has shown is excellent.

Capitalization

GRADE:
C-

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. Young Americans Bank has $15.25 million in assets with $1.07 million in equity, resulting in a capitalization level of 7.04%, which is below average.

Institution Statistics

Overall
FDIC Certificate #27010
Year Established1987
Employees7
Primary RegulatorFDIC
Assets and Liabilities
Assets$15.25 million
Loans$23,000
Deposits$14.07 million
Equity Capital$1.07 million
Loan Loss Allowance$4,000
Real Estate Owned$0
Historic Data - December 2012
Assets$14.95 million
Equity Capital$1.20 million
Loan Loss Allowance$3,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin1.19%
Return on Assets-6.85%
Return on Equity-93.76%
Interest Income$183,000
Rates

Sorry, we do not have rate data for Young Americans Bank

Locations


Young Americans Bank Locations
Young Americans Bank3550 East First AvenueDenver, CO 80206
Far Northeast Branch4800 Telluride Street - Z PlaceDenver, CO 80249