NewDominion Bank

Deposits held and insured by The Park National Bank

Reviews (1)

CD Process Overview

Posted by: klink | Jun 8, 2017

Called this AM because I could not see an on-line opening process for their CD products. A nice CSR advised me that to open E-mails are required sending forms to be printed out and returned, then wire transfers or snail mail checks sent before CD products could be obtained. As I live not far away from the branch in Charlotte I advised her that my plan was to open in person with cash and hope to leave with everything I needed to monitor the CD until maturity. The in cash at branch was acceptable. The rest was not possible. They do not let you monitor the CD accounts online nor do they send you any kind of information in regards to CD accounts. They will send you a notice of maturity at the appropriate time. Any information in regards to interest awarded or acct. balance for CD products must be obtained by telephone. All of this at 9:45 AM, 8 Jun 2017.



Health
A

Data as of Q2 2019

Data displayed below is for insuring bank: The Park National Bank
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Health Grade Components

Overall
FDIC Certificate #6653
Year Established1908
Employees1904
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD1.39%
Return on Equity - YTD14.55%
Annual Interest Income$171.5MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$8.61B$7.40B
LoansQ2 2019vs Q2 2018$6.30B$5.26B
DepositsQ2 2019vs Q2 2018$7.10B$6.13B
Equity CapitalQ2 2019vs Q2 2018$875.5MM$602.7MM
Loan Loss AllowanceQ2 2019vs Q2 2018$51.8MM$47.1MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$65.4MM$78.8MM
Real Estate OwnedQ2 2019vs Q2 2018$3.0MM$3.3MM
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

NewDominion Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.65%*$100k*-Personal Money Market
OTHER TIERS: 0.01% $1k - $10k | 0.10% $10k - $25k | 0.35% $25k - $50k | 0.55% $50k - $100k
Locations


NewDominion Bank Locations
Mooresville Office124 Trade Court, Suite AMooresville, NC 28117
Newdominion Office1111 Metropolitan AvenueCharlotte, NC 28204
Forest Commercial Bank Branch1127 Hendersonville RoadAsheville, NC 28803
Hendersonville Branch218 North Main StreetHendersonville, NC 28792

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