New Foundation Savings Bank is headquartered in Cincinnati and is the 173rd largest bank in the state of Ohio. It is also the 4,976th largest bank in the nation. It was established in 1891 and as of June of 2020, it had grown to 27 employees at 1 location. New Foundation Savings Bank's savings rates are 25% higher than the national average, and it has a B health rating.
Where Everybody Knows Your Name
Everytime we visit New Foundation we are welcomed by name, with smiling faces. You cant help but feel like family here! We've been using New Foundation for two generations now, and our family will continue to choose New Foundation for generations to come! For those of you who have had bad experiences with big banks, I highly recommend giving New Foundation a shot. After over 20 years, we have yet to be dissapointed!!!
Data as of Q2 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 32306 |
| Year Established | 1891 |
| Employees | 27 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.03% |
| Return on Equity - YTD | 0.28% |
| Annual Interest Income | $443.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $24.6MM$18.4MM |
| Loans | Q2 2020vs Q2 2019 | $21.3MM$14.5MM |
| Deposits | Q2 2020vs Q2 2019 | $15.1MM$13.2MM |
| Equity Capital | Q2 2020vs Q2 2019 | $2.2MM$2.2MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $77.00K$71.00K |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $22.00K$0 |
| Real Estate Owned | Q2 2020vs Q2 2019 | $0$0 |