Liberty Savings Bank is headquartered in Wilmington and is the 26th largest bank in the state of Ohio. It is also the 814th largest bank in the nation. It was established in 1984 and as of June of 2022, it had grown to 113 employees at 6 locations. Liberty Savings Bank's savings rates are 5X the national average, and it has a B health rating.
Jacaranda Office
I have had experiences with many banks in the 31 years I have been in the Venice area. none can compare to the client care,attention, courtesy, friendliness, and professionalism that I find at MY Jacaranda branch Liberty Bank!! Thank you for the way you always attend my banking needs. YOU ARE THE BEST
Not Sure About The Rate?
https://value.libertysavingsbank.com/cd-rate-watcher
This Liberty Bank Accnt= Central Bank Of KC, Lewis&Clark Bank, Savebetter.Com ???
This is what I'm supposed to agree to? NO THANK YOU!! I don't need to open an account here.
"Each customer authorizes the Custodian Bank to hold the customer’s funds in a custodial capacity in order to facilitate the customer’s deposits to and withdrawals from deposit accounts at various Product Banks that the customer requests through SaveBetter.com. The Custodian Bank does not establish the terms of the deposit accounts, or offer the deposit accounts to customers, and provides no advice to customers about deposit accounts. Central Bank of Kansas City, Member FDIC, d.b.a. Central Payments is the Service Bank. Custodian services are provided by Lewis and Clark Bank."
Twilight Zone
Called the number listed on the website to gather more information. One should always know if interest paid is compounded daily and distributed monthly, is there a daily withdraw or ACH transfer limit, do they have 2-step authentication, does the account have web access, can sign-up be done online, are there overdraft fees, and why does one of their web pages say the savings rate is 0.56%. Unfortunately, their automated telephone system menu was garbled so descriptions of digits to press were unintelligible. Pressing Zero fails and the system says it's an invalid selection and goes back to the beginning. So, I though I'd blindly try my luck and press 1, 2, 3, etc. Finally as I was lost in space, the recording said I could press zero for a Rep. I was informed that I was the next in cue but no one ever answered. Bottom line --calling Liberty Savings Bank is a total waste of time.
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 32242 |
| Year Established | 1984 |
| Employees | 113 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.62% |
| Return on Equity - YTD | 20.93% |
| Annual Interest Income | $18.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $1.26B$923.6MM |
| Loans | Q2 2022vs Q2 2021 | $829.1MM$530.4MM |
| Deposits | Q2 2022vs Q2 2021 | $928.5MM$802.9MM |
| Equity Capital | Q2 2022vs Q2 2021 | $69.7MM$97.7MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $5.8MM$5.4MM |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $7.8MM$9.0MM |
| Real Estate Owned | Q2 2022vs Q2 2021 | $2.3MM$3.8MM |