Woodruff Federal Savings and Loan Association
LOCATIONS
1
View locations
HEALTH RATING
B+
View health report
CURRENT TOP RATE
2.12% APY
36 Month CD
View all rates
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.05% | 1-year CD | 12 Month CD 1.80% - Ally Bank No Penalty 11-Month CD |
| 2.12% | 3-year CD | 36 Month CD 2.50% - Ally Bank High Yield 3 Year CD |
| 1.56% | 2-year CD | 24 Month CD |
Overview / Commentary
Woodruff Federal Savings and Loan Association is headquartered in Woodruff and is the 42nd largest bank in the state of South Carolina. It is also the 4,406th largest bank in the nation. It was established in 1934 and as of March of 2018, it had grown to 13 employees at 1 location. Woodruff Federal Savings and Loan Association's CD rates are 17% higher than the national average, and it has a B+ health rating.
Health
B+
Data as of Q1 2018
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Woodruff Federal Savings and Loan Association has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 29238 |
| Year Established | 1934 |
| Employees | 13 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.46% |
| Return on Equity - YTD | 1.31% |
| Annual Interest Income | $722.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2018vs Q1 2017 | $89.0MM$86.7MM |
| Loans | Q1 2018vs Q1 2017 | $55.1MM$50.3MM |
| Deposits | Q1 2018vs Q1 2017 | $55.7MM$53.5MM |
| Equity Capital | Q1 2018vs Q1 2017 | $31.6MM$31.3MM |
| Loan Loss Allowance | Q1 2018vs Q1 2017 | $685.00K$670.00K |
| Unbacked Noncurrent Loans | Q1 2018vs Q1 2017 | $2.9MM$2.4MM |
| Real Estate Owned | Q1 2018vs Q1 2017 | $0$0 |
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Woodruff Federal Savings and Loan Association CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.12% | $1k | - | 36 Month CD | |
| 1.56% | $1k | - | 24 Month CD | |
| 1.31% | $1k | - | 18 Month CD | |
| 1.05% | $1k | - | 12 Month CD | |
| 0.80% | $2,500 | - | 6 Month CD |
Woodruff Federal Savings and Loan Association IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.31% | $1k | - | 18 Month IRA |
Locations
| Woodruff Federal Savings and Loan Association Locations | ||
|---|---|---|
| Woodruff Federal Savings and Loan Association | 247 North Main Street | Woodruff, SC 29388 |