Conneaut Savings Bank

Overview / Commentary

www.conneautsavings.com

440-599-8121

305 Main Street
Conneaut, OH 44030

Conneaut Savings Bank is headquartered in Conneaut and is the 142^nd largest bank in the state of Ohio. It is also the 4,305^th largest bank in the nation. It was established in 1888 and as of June of 2020, it had grown to 20 employees at 3 locations. Conneaut Savings Bank has an A health rating.

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Health

Data as of Q2 2020

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Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Conneaut Savings Bank has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #	28677
Year Established	1888
Employees	20
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.12%
Return on Equity - YTD	0.78%
Annual Interest Income	$1.3MM

Assets and Liabilities
Assets	Q2 2020vs Q2 2019	$80.2MM$77.5MM
Loans	Q2 2020vs Q2 2019	$49.8MM$45.5MM
Deposits	Q2 2020vs Q2 2019	$64.3MM$61.4MM
Equity Capital	Q2 2020vs Q2 2019	$11.7MM$11.3MM
Loan Loss Allowance	Q2 2020vs Q2 2019	$280.00K$284.00K
Unbacked Noncurrent Loans	Q2 2020vs Q2 2019	$324.00K$215.00K
Real Estate Owned	Q2 2020vs Q2 2019	$0$47.00K

Rates

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Savings
Money Market
Checking
CD
IRA

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Conneaut Savings Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.15%^*	$30k^*	-	Relationship Statement Savings
OTHER TIERS: 0.05% → Up to $1k \| 0.10% → $1k - $30k
0.10%^*	$30k^*	-	Statement Savings Account
OTHER TIERS: 0.02% → Up to $1k \| 0.05% → $1k - $30k
0.10%	-	-	IRA Savings

Conneaut Savings Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.25%^*	$25k^*	-	Relationship Money Market Bonus
OTHER TIERS: 0.05% → Up to $2.5k \| 0.20% → $2.5k - $25k
0.15%^*	$25k^*	-	Money Market Account
OTHER TIERS: 0.05% → Up to $2.5k \| 0.10% → $2.5k - $25k

Conneaut Savings Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.05%	$5k	-	Great Relationship Plus Checking
0.03%	$1.5k	-	Non Profit Checking
0.02%	$1.5k	-	Great Relationship Checking

Conneaut Savings Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.60%	$10k	-	35 Month Relationships Count CD
0.60%	$1k	-	60 Month Relationships Count CD
0.55%	$1k	-	21 Month Relationships Count CD
0.55%	$1k	-	48 Month Relationships Count CD
0.50%	$1k	-	60 Month CD
0.50%	$1k	-	15 Month Relationships Count CD
0.45%	$1k	-	48 Month CD
0.45%	$10k	-	35 Month CD
0.40%	$1k	-	15 Month CD
0.40%	$1k	-	21 Month CD
0.35%	$1k	-	36 Month Relationships Count CD
0.30%	$1k	-	12 Month Relationships Count CD
0.30%	$1k	-	24 Month Relationships Count CD
0.25%	$1k	-	36 Month CD
0.25%	$1k	-	18 Month Relationships Count CD
0.20%	$1k	-	12 Month CD
0.20%	$1k	-	24 Month CD
0.20%	$1k	-	6 Month Relationships Count CD
0.15%	$1k	-	18 Month CD
0.15%	$1k	-	3 Month Relationships Count CD
0.10%	$1k	-	6 Month CD
0.05%	$1k	-	3 Month CD

Conneaut Savings Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
0.60%	$1k	-	60 Month Relationship IRA
0.55%	$1k	-	21 Month Relationship IRA
0.55%	$1k	-	48 Month Relationship IRA
0.50%	$1k	-	60 Month IRA
0.45%	$1k	-	48 Month IRA
0.45%	$1k	-	30 Month Relationship IRA
0.40%	$1k	-	21 Month IRA
0.35%	$1k	-	30 Month IRA
0.25%	$1k	-	18 Month Relationship IRA
0.20%	$1k	-	10 Month Relationship IRA
0.15%	$1k	-	18 Month IRA
0.10%	$1k	-	10 Month IRA

Locations

Conneaut Savings Bank Locations
Girard Pa Branch	110 West Main Street	Girard, PA 16417
Austinburg Branch	2046 State Route 45	Austinburg, OH 44010
Conneaut Savings Bank	305 Main Street	Conneaut, OH 44030

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