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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 118^th largest bank in the state of Pennsylvania. It is also the 3,090^th largest bank in the nation. It was established in 1879 and as of June of 2020, it had grown to 29 employees at 3 locations. Iron Workers Bank has a B health rating.

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2018

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

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Health

B

Data as of Q2 2020

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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	0.11%
Return on Equity - YTD	1.09%
Annual Interest Income	$3.4MM

Assets and Liabilities
Assets	Q2 2020vs Q2 2019	$190.0MM$177.9MM
Loans	Q2 2020vs Q2 2019	$136.8MM$139.0MM
Deposits	Q2 2020vs Q2 2019	$160.7MM$147.3MM
Equity Capital	Q2 2020vs Q2 2019	$18.1MM$17.7MM
Loan Loss Allowance	Q2 2020vs Q2 2019	$802.00K$807.00K
Unbacked Noncurrent Loans	Q2 2020vs Q2 2019	$3.6MM$154.00K
Real Estate Owned	Q2 2020vs Q2 2019	$59.00K$0

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
0.10%	$100	-	Passbook Savings
0.10%	$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
0.75%	$500	-	60 Month CD
0.60%	$500	-	48 Month CD
0.55%	$500	-	36 Month CD
0.50%	$500	-	30 Month CD
0.45%	$500	-	24 Month CD
0.40%	$250	-	12 Month CD
0.40%	$500	-	18 Month CD
0.20%	$1k	-	6 Month CD
0.10%	$2.5k	-	91 Day CD

Iron Workers Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.75%	$500	-	60 Month IRA
0.60%	$500	-	48 Month IRA
0.55%	$500	-	36 Month IRA
0.50%	$500	-	30 Month IRA
0.45%	$500	-	24 Month IRA
0.40%	$250	-	12 Month IRA
0.40%	$500	-	18 Month IRA
0.20%	$1k	-	6 Month IRA
0.10%	$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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