AnchorBank, fsb

Headquarters

25 West Main Street
Madison, WI 53703
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 5.50% →
1-Year CD N.A. 4.80% →
2-Year CD N.A. 4.25% →
5-Year CD N.A. 4.00% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Bank Information

AnchorBank, fsb is an FDIC insured institution located in Madison, WI. It was founded in 1918 and has approximately $2.23 billion in assets. Customers can open an account at one of its 6 branches.

FDIC Insured Yes
FDIC Certificate # 29979
Date Established 1918
Assets $ 2.09 billion
Loans $ 1,518.52 million
Deposits $ 1,833.22 million
Capital $ 225.18 million
 

For a more detailed analysis of AnchorBank, fsb's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - October 31, 2024

Your Current Location: Minnesota, MN 10007


Loan Rates - October 31, 2024

Your Current Location: Minnesota, MN 10007

There are currently no loan rates available for AnchorBank, fsb

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Minnesota 30 Year Fixed Mortgage Rates 2024

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Payment
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Mutual of Omaha Mortgage, Inc.
NMLS ID: 1025894
6.976% 6.875%
0.75 points
$3,295 fees
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Rocket Mortgage
NMLS ID: 3030
7.200% 7.125%
0.75 points
$2,400 fees
$2,156 Learn More
CrossCountry Mortgage
NMLS ID: 3029

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Wells Fargo Bank
NMLS ID: 399801

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Featured - Minnesota Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
Intro APR 7.490 %
After Intro: 7.490 %
$0 Learn More
More Info

Note to AnchorBank, fsb
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Branches

AnchorBank, fsb branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Pittsfield,Minnesota


AnchorBank, fsb Locations around zip code 10007


BranchDistance Map View Lobby Hours


Climate Policy and Initiatives

AnchorBank, fsb is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.


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Financial Details

AnchorBank, fsb Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of AnchorBank, fsb. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
AnchorBank, fsb U.S. Bank Average
23.66% 4.48%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2024, AnchorBank, fsb had $33,787,000 in non-current loans and $30,632,000 in owned real estate. To cover these potential losses it had $225,182,000 in equity and $47,037,000 in loans loss reserves. That gives it a Texas Ratio of 23.66%.

Return on Equity
AnchorBank, fsb U.S. Bank Average
11.69% 10.46%

AnchorBank, fsb has a Return on Equity of 11.69% versus the BestCashCow average of 10.46%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
AnchorBank, fsb U.S. Bank Average
10.75% 10.84%

AnchorBank, fsb has a Capitalization of 10.75% versus the BestCashCow average of 10.84. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

AnchorBank, fsb Balance Sheet Analysis

As of March 31, 2015, AnchorBank, fsb had assets of $2,226,287,000, loans of $1,518,517,000, and deposits of $1,833,223,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

June 30, 2024
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 1,518.52 million
Loan loss allowance $ 47.04 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 30.63 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 1,833.22 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 2.09 billion

Summary Income Statement

June 30, 2024
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in AnchorBank, fsb’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Commercial Real Estate.

Compared to other banks in Wisconsin, AnchorBank, fsb has a significantly higher percent of 1-4 Family Residential Loans, Multifamily Mortgages, Construction and Development Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 49.34
Multifamily
Mortgages
22.64
Credit Card Loans 0.00
Consumer Auto Loans 0.13
Small Business Loans 3.13
Construction and Development Loans 9.98
Commercial Real Estate 12.60
Commercial and Industrial Loans 1.16
Farm Loans 0.00

Customer Reviews for AnchorBank, fsb

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