Mega Bank is headquartered in San Gabriel and is the 96th largest bank in the state of California. It is also the 1,992nd largest bank in the nation. It was established in 2008 and as of June of 2022, it had grown to 50 employees at 4 locations. Mega Bank's money market rates are 7X the national average, and it has an A health rating.
Overall | |
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FDIC Certificate # | 58401 |
Year Established | 2008 |
Employees | 50 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.13% |
Return on Equity - YTD | 9.82% |
Annual Interest Income | $8.7MM |
Assets and Liabilities | ||
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Assets | Q2 2022vs Q2 2021 | $415.9MM$436.5MM |
Loans | Q2 2022vs Q2 2021 | $332.9MM$345.6MM |
Deposits | Q2 2022vs Q2 2021 | $348.6MM$367.0MM |
Equity Capital | Q2 2022vs Q2 2021 | $51.4MM$46.9MM |
Loan Loss Allowance | Q2 2022vs Q2 2021 | $5.1MM$5.3MM |
Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $2.4MM$5.0MM |
Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
4.07% | $2.5k | - | 24 Month IRA | |
3.97% | $2.5k | - | 18 Month IRA | |
3.71% | $2.5k | - | 12 Month IRA |
Mega Bank Locations | ||
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Hacienda Heights Branch | 17188 Colima Road #a | Hacienda Heights, CA 91745 |
Mega Bank | 245 W Valley Blvd | San Gabriel, CA 91776 |
Irvine Branch | 3947 Irvine Blvd | Irvine, CA 92602 |
Arcadia Branch | 1415 South Baldwin Avenue | Arcadia, CA 91007 |