Iron Workers Bank

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Overview / Commentary

610-497-1800

3333 Concord Road
Aston, PA 19014

Iron Workers Bank is headquartered in Aston and is the 116^th largest bank in the state of Pennsylvania. It is also the 3,143^rd largest bank in the nation. It was established in 1879 and as of March of 2021, it had grown to 29 employees at 3 locations. Iron Workers Bank has an A health rating.

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2018

2/12 - 12-Month CD, 2.00% APY

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Health

A

Data as of Q1 2021

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Health Grade Components

Overall
FDIC Certificate #	28908
Year Established	1879
Employees	29
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.05%
Return on Equity - YTD	0.58%
Annual Interest Income	$1.6MM

Assets and Liabilities
Assets	Q1 2021vs Q1 2020	$197.1MM$179.2MM
Loans	Q1 2021vs Q1 2020	$135.5MM$133.8MM
Deposits	Q1 2021vs Q1 2020	$168.2MM$150.1MM
Equity Capital	Q1 2021vs Q1 2020	$17.6MM$18.0MM
Loan Loss Allowance	Q1 2021vs Q1 2020	$802.00K$802.00K
Unbacked Noncurrent Loans	Q1 2021vs Q1 2020	$145.00K$450.00K
Real Estate Owned	Q1 2021vs Q1 2020	$0$38.00K

Rates

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

Iron Workers Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.05%	$100	-	Passbook Savings
0.05%	$100	-	Statement Savings

Iron Workers Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.25%^*	$250k^*	-	Money Market Plus
OTHER TIERS: 0.05% → Up to $10k \| 0.10% → $10k - $50k \| 0.15% → $50k - $100k \| 0.20% → $100k - $250k
0.10%^*	$125k^*	-	Money Market Accounts
OTHER TIERS: 0.05% → Up to $125k

Iron Workers Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.02%	$600	-	NOW Checking

Iron Workers Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.60%	$500	-	60 Month CD
0.50%	$500	-	48 Month CD
0.45%	$500	-	36 Month CD
0.40%	$500	-	30 Month CD
0.35%	$500	-	24 Month CD
0.30%	$250	-	12 Month CD
0.30%	$500	-	18 Month CD
0.10%	$1k	-	6 Month CD
0.05%	$2.5k	-	91 Day CD

Iron Workers Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.60%	$500	-	60 Month IRA
0.50%	$500	-	48 Month IRA
0.45%	$500	-	36 Month IRA
0.40%	$500	-	30 Month IRA
0.35%	$500	-	24 Month IRA
0.30%	$250	-	12 Month IRA
0.30%	$500	-	18 Month IRA
0.10%	$1k	-	6 Month IRA
0.05%	$2.5k	-	91 Day IRA

Locations

Iron Workers Bank Locations
Chadds Ford Branch	100 Ridge Road Suite 1	Chadds Ford, PA 19317
3 State Rd Branch	3 State Road	Media, PA 19063
Iron Workers Savings Bank	3333 Concord Road	Aston, PA 19014

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