Easily the best internet bank I have worked with in regards to my business needs in the past few weeks. I signed up with Umbrella Bank after a friend recommended me to their amazing services. I had a conference call with my business partners as a rep from Umbrella bank so as to gauge how professional they were. They stand out as an amazing group with clean and quick ways to access their services although the online mobile experience is a bit rough.
Overall | |
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FDIC Certificate # | 32574 |
Year Established | 1988 |
Employees | 142 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 8.87% |
Return on Equity - YTD | 42.24% |
Annual Interest Income | $56.8MM |
Assets and Liabilities | ||
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Assets | Q2 2022vs Q2 2021 | $4.50B$1.74B |
Loans | Q2 2022vs Q2 2021 | $1.73B$846.6MM |
Deposits | Q2 2022vs Q2 2021 | $2.51B$1.06B |
Equity Capital | Q2 2022vs Q2 2021 | $719.5MM$584.5MM |
Loan Loss Allowance | Q2 2022vs Q2 2021 | $4.6MM$8.7MM |
Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $85.2MM$95.9MM |
Real Estate Owned | Q2 2022vs Q2 2021 | $4.0MM$3.9MM |
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UmbrellaBank.com is an Internet only bank and does not have branch locations. Its headquarters is located at 6000 Legacy Drive - Plano, TX 75024