Hatboro Federal Savings, FA is headquartered in Hatboro and is the 66th largest bank in the state of Pennsylvania. It is also the 1,424th largest bank in the nation. It was established in 1941 and as of September of 2019, it had grown to 42 employees at 4 locations. Hatboro Federal Savings, FA's CD rates are 94% higher than the national average, and it has an A health rating.
Hatboro Fed
I opened a CD at Hatboro Federal Savings due their competitive CD rates. I was looking online for banks that were offering good rates and fund Hatboro Fed which was close to my house. I think they were able to offer such competitive rates due to being a local bank compared to banks like Wells Fargo or PNC. I went in to the Hatboro branch to open the CD and the customer service was great. The process to open the CD was very easy and I left feeling that my money was safe and that this was a good investment decision
CD Interest Rates Not Keeping Up With Other Institutions
Hatboro Federal Savings Bank CD rates have not kept up with local credit unions and banks. As of the date of this post 2-10-19, Wells Fargo,Univest, Quaint Oak, Navy Federal Credit Union, Freedom Credit Union, Citadel, TruMark Financial and Ambler Savings Bank all have higher rates. Many local institutions are paying 3 to 3.25% on 60 month CD's, while HFS hasn't bumped up their 60 month CD since April 2018, still stuck at 2.5%. Perhaps this is why their deposit growth has stagnated....Lowered rates on July 20th 2019. Highest rate is 2.25%. Local banks and credit unions with higher rates are Ambler Savings Bank, Navy Federal Credit Union, Freedom Credit Union, Trumark and Citadel. Navy Federal has the highest return at 3.50% yield on a 5 year CD.
Data as of Q3 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 30155 |
| Year Established | 1941 |
| Employees | 42 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.9% |
| Return on Equity - YTD | 3.93% |
| Annual Interest Income | $14.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2019vs Q3 2018 | $513.3MM$495.2MM |
| Loans | Q3 2019vs Q3 2018 | $373.6MM$356.7MM |
| Deposits | Q3 2019vs Q3 2018 | $387.6MM$378.6MM |
| Equity Capital | Q3 2019vs Q3 2018 | $118.7MM$110.2MM |
| Loan Loss Allowance | Q3 2019vs Q3 2018 | $1.9MM$1.9MM |
| Unbacked Noncurrent Loans | Q3 2019vs Q3 2018 | $7.2MM$9.2MM |
| Real Estate Owned | Q3 2019vs Q3 2018 | $0$165.00K |
Always verify rates and promotions with the bank or credit union. We are not Hatboro Federal Savings, FA; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Hatboro Federal Savings, FA Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.40% | $1 | - | School Savings | |
| 0.15% | $100 | - | Passbook Saving Account | |
| 0.15% | $100 | - | Statement Saving Account | |
| 0.15% | $10 | - | Student Statement Savings | |
| 0.15% | $100 | - | Small Business Statement Savings |
Hatboro Federal Savings, FA Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.35%* | $100k* | - | Money Market Tiered Accounts | ||
| OTHER TIERS: 0.15% → $1k - $50k | 0.25% → $50k - $100k | |||||
Hatboro Federal Savings, FA Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.25%* | $100k* | - | Business Checking Account | ||
| OTHER TIERS: 0.10% → $500 - $10k | 0.20% → $10k - $100k | |||||
| 0.15% | $1k | - | Advantage Checking Account | ||
| 0.15% | $10 | - | Student Checking | ||
Hatboro Federal Savings, FA CD Rates
Hatboro Federal Savings, FA IRA Rates
| Hatboro Federal Savings, FA Locations | ||
|---|---|---|
| Hatboro Federal Savings, FA | 221 South York Road | Hatboro, PA 19040 |
| Jamison Branch | 2539 York Road | Jamison, PA 18929 |
| Warrington Branch | Easton and Bristol Roads | Warrington, PA 18976 |
| Warminster Branch | York and Street Roads | Warminster, PA 18974 |