Mega Bank

Overview / Commentary

www.megabankusa.com

626-282-3000

245 West Valley Boulevard
San Gabriel, CA 91776

Mega Bank is headquartered in San Gabriel and is the 105^th largest bank in the state of California. It is also the 1,906^th largest bank in the nation. It was established in 2008 and as of December of 2020, it had grown to 47 employees at 4 locations. Mega Bank has a B health rating.

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2009

11/21 - 2.38% 16-Month & 2.15% 6-Month Jumbo CDs at Mega Bank in California - Local Only

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Health

Data as of Q4 2020

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Health Grade Components

Overall
FDIC Certificate #	58401
Year Established	2008
Employees	47
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.09%
Return on Equity - YTD	0.84%
Annual Interest Income	$14.5MM

Assets and Liabilities
Assets	Q4 2020vs Q4 2019	$414.1MM$390.0MM
Loans	Q4 2020vs Q4 2019	$337.8MM$289.3MM
Deposits	Q4 2020vs Q4 2019	$342.1MM$324.9MM
Equity Capital	Q4 2020vs Q4 2019	$44.3MM$43.6MM
Loan Loss Allowance	Q4 2020vs Q4 2019	$5.3MM$3.0MM
Unbacked Noncurrent Loans	Q4 2020vs Q4 2019	$9.7MM$0
Real Estate Owned	Q4 2020vs Q4 2019	$0$0

Rates

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Savings
Money Market
Checking
CD
IRA

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

Mega Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.40%^*	$500k^*	-	Tiered Personal Savings
OTHER TIERS: 0.02% → Up to $5k \| 0.03% → $5k - $50k \| 0.20% → $50k - $250k \| 0.35% → $250k - $500k
0.40%^*	$500k^*	-	Tiered Business Savings
OTHER TIERS: 0.02% → Up to $5k \| 0.03% → $5k - $50k \| 0.20% → $50k - $250k \| 0.35% → $250k - $500k

Mega Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.40%^*	$500k^*	-	Tiered Personal Money Market
OTHER TIERS: 0.02% → Up to $2.5k \| 0.03% → $2.5k - $50k \| 0.25% → $50k - $250k \| 0.35% → $250k - $500k
0.40%^*	$500k^*	-	Tiered Business Money Market
OTHER TIERS: 0.02% → Up to $2.5k \| 0.03% → $2.5k - $50k \| 0.25% → $50k - $250k \| 0.35% → $250k - $500k

Mega Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.25%^*	$100k^*	-	Personal Super NOW
OTHER TIERS: 0.02% → Up to $1k \| 0.03% → $1k - $100k
0.25%^*	$100k^*	-	Business Super NOW
OTHER TIERS: 0.02% → Up to $1k \| 0.03% → $1k - $100k

Mega Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.70%	$100k	-	24 Month Flexible Time CD
0.60%^*	$100k^*	-	271-365 Day Regular Time CD
OTHER TIERS: 0.55% → $2.5k - $100k
0.60%^*	$100k^*	-	18 Month Regular Time CD
OTHER TIERS: 0.55% → $2.5k - $100k
0.60%^*	$100k^*	-	Over 2 Year Regular Time CD
OTHER TIERS: 0.55% → $2.5k - $100k
0.50%	$2.5k	-	181-270 Day Regular Time CD
0.30%^*	$2.5k^*	$100k	91-180 Day Regular Time CD
OTHER TIERS: 0.10% → $100k+
0.10%^*	$100k^*	-	7-30 Day Regular Time CD
OTHER TIERS: 0.05% → $2.5k - $100k
0.10%^*	$100k^*	-	31-60 Day Regular Time CD
OTHER TIERS: 0.05% → $2.5k - $100k
0.10%^*	$100k^*	-	61-90 Day Regular Time CD
OTHER TIERS: 0.05% → $2.5k - $100k

Mega Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
0.65%	$2.5k	-	18 Month IRA
0.65%	$2.5k	-	24 Month IRA
0.50%	$2.5k	-	12 Month IRA

Locations

Mega Bank Locations
Hacienda Heights Branch	17188 Colima Road #a	Hacienda Heights, CA 91745
Mega Bank	245 West Valley Boulevard	San Gabriel, CA 91776
Irvine Branch	3996 Barranca Pkwy Suite 100	Irvine, CA 92606
Arcadia Branch	1415 South Baldwin Avenue	Arcadia, CA 91007

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