Hatboro Federal Savings, FA

Overview / Commentary
221 South York Road
Hatboro, PA 19040

Hatboro Federal Savings, FA is headquartered in Hatboro and is the 72nd largest bank in the state of Pennsylvania. It is also the 1,544th largest bank in the nation. It was established in 1941 and as of December of 2021, it had grown to 40 employees at 4 locations. Hatboro Federal Savings, FA has an A+ health rating.

Reviews (3)

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

Bad Communication And Service

Posted by: |

When I opened my checking account they did not say anything about holding my money for 30 days. When I called to see why our money was not available they said that our money was being held because it was a new account and would be held for 30 days. Their flyer states for new accounts that deposits over 5525.00 dollars other than cash wire transfer or electronic deposits will be available the 9th business day following the day of deposit. . I deposited half that amount and they still held my money. Not a customer friendly bank. They don't follow what is on their flyer.

CD Interest Rates Not Keeping Up With Other Institutions

Posted by: |

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.


Health Grade Components

FDIC Certificate #30155
Year Established1941
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.59%
Return on Equity - YTD2.7%
Annual Interest Income$14.7MM
Assets and Liabilities
AssetsQ4 2021vs Q4 2020$585.5MM$562.3MM
LoansQ4 2021vs Q4 2020$327.3MM$348.0MM
DepositsQ4 2021vs Q4 2020$450.6MM$430.1MM
Equity CapitalQ4 2021vs Q4 2020$127.6MM$125.3MM
Loan Loss AllowanceQ4 2021vs Q4 2020$1.6MM$2.0MM
Unbacked Noncurrent LoansQ4 2021vs Q4 2020$3.5MM$5.8MM
Real Estate OwnedQ4 2021vs Q4 2020$0$0
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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

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

0.35%*$100k*-Money Market Tiered Accounts
OTHER TIERS: 0.15% $1k - $50k | 0.25% $50k - $100k

Hatboro Federal Savings, FA Checking Account Rates

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

0.75%$1k-3 Year CD
0.75%$1k-4 Year CD
0.75%$1k-5 Year CD
0.50%$1k-1 Year CD
0.50%$1k-18 Month CD
0.50%$1k-2 Year CD
0.50%$1k-30 Month CD
0.25%$1k-6 Month CD
0.10%$1k-91 Day CD

Hatboro Federal Savings, FA IRA Rates

0.75%$1k-3 Year IRA
0.75%$1k-4 Year IRA
0.75%$1k-5 Year IRA
0.50%$1k-1 Year IRA
0.50%$1k-18 Month IRA
0.50%$1k-2 Year IRA
0.50%$1k-30 Month IRA
0.25%$1k-6 Month IRA
0.10%$1k-91 Day IRA

Hatboro Federal Savings, FA Locations
Hatboro Federal Savings, FA221 South York RoadHatboro, PA 19040
Jamison Branch2539 York RoadJamison, PA 18929
Warrington BranchEaston and Bristol RoadsWarrington, PA 18976
Warminster BranchYork and Street RoadsWarminster, PA 18974

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