Bradesco Bank
Headquarters
3011 Ponce De Leon Boulevard Ph1
Coral Gables, FL 33134
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Reviewed by norich@aol.com | March 19, 2024
I have 5 other cd's at competing banks and have not had trouble. I tried 3 times today to open one w/ bradesco and it repeatedly declines my app after I input the code they sent me. Customer service was no help whatsoever as they told me the email they sent would explain why. Wrong again. Email informed me I was declined. Never try this bank again; same rates elsewhere.
2024 Overview
General Bank Information
Bradesco Bank is an FDIC insured institution located in Coral Gables, FL. It was founded in 1973 and has approximately $4.37 billion in assets.
| FDIC Insured | Yes |
| FDIC Certificate | # 21265 |
| Date Established | 1973 |
| Assets | $ 4.37 billion |
| Loans | $ 3.39 billion |
| Deposits | $ 3.71 billion |
| Capital | $ 502.59 million |
For a more detailed analysis of Bradesco Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.
Deposit Rates - November 28, 2024
Your Current Location: Ohio, OH 43085
Online Only CD Rates of My e-Banc, a division of Bradesco BAC Florida Bank
| Online CD Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| 6 Month
|
4.50% | $5,000 | - |
Learn More
|
| 6 Month Jumbo CD
|
5.00% | $50,000 | - |
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|
| 11 Month No Penalty CD
|
3.30% | $100,000 | - |
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|
| 12 Month
|
4.35% | $5,000 | - |
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|
| 12 Month Jumbo CD
|
4.80% | $50,000 | - |
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|
| 18 Month
|
4.15% | $5,000 | - |
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|
| 18 Month Jumbo CD
|
4.40% | $50,000 | - |
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|
| 24 Month
|
4.00% | $5,000 | - |
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|
| 24 Month Jumbo CD
|
4.25% | $50,000 | - |
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|
| 36 Month
|
3.70% | $5,000 | - |
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|
| 36 Month Jumbo CD
|
3.98% | $50,000 | - |
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|
Bank Online Offers
Loan Rates - November 28, 2024
Your Current Location: Ohio, OH 43085
There are currently no loan rates available for Bradesco Bank
Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:
Featured - Ohio 30 Year Fixed Mortgage Rates 2024
| Lender | APR | Rate (%) | Monthly Payment |
Learn More |
|---|---|---|---|---|
NMLS ID: 1835285 |
6.139% |
6.000% 1.00 points $4,800 fees |
$1,919 | Learn More |
NMLS ID: 1025894 |
6.616% |
6.500% 1.00 points $3,887 fees |
$2,023 | Learn More |
NMLS ID: 3030 |
7.200% |
7.125% 0.75 points $2,400 fees |
$2,156 | Learn More |
NMLS ID: Not a Lender |
points fees |
Learn More |
Featured - Ohio Home Equity Line Of Credit Rates 2024
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|---|---|---|
Third Federal Savings and Loan See Table |
Intro APR
7.240 %
After Intro: 7.240 % |
$0 |
Learn More
More Info |
Rate See Table |
Intro APR
8.250 %
After Intro: 8.250 % |
$25,000 |
Learn More
More Info |
Note to Bradesco Bank
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Branches
Bradesco Bank 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:
Columbus,Ohio
Bradesco Bank Locations around zip code 43085
| Branch | Distance | Map | View Lobby Hours |
|---|---|---|---|
| 992.70 | A | View Lobby Hours |
Climate Policy and Initiatives
Bradesco Bank 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
Bradesco Bank Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of Bradesco Bank. 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
| Bradesco Bank | U.S. Bank Average |
|---|---|
| 1.06% | 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, Bradesco Bank had $5,709,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $502,591,000 in equity and $33,992,000 in loans loss reserves. That gives it a Texas Ratio of 1.06%.
Return on Equity
| Bradesco Bank | U.S. Bank Average |
|---|---|
| 6.46% | 10.46% |
Bradesco Bank has a Return on Equity of 6.46% 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
| Bradesco Bank | U.S. Bank Average |
|---|---|
| 11.49% | 10.84% |
Bradesco Bank has a Capitalization of 11.49% 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.
Bradesco Bank Balance Sheet Analysis
As of June 30, 2024, Bradesco Bank had assets of $4,372,598,000, loans of $3,385,617,000, and deposits of $3,707,447,000. 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 | $ 474.00 million |
| Interest-bearing balances | $ 417.01 million |
| Total securities | $ 328.23 million |
| Federal funds sold and reverse repurchase | N.A. |
| Net loans and leases | $ 3.39 billion |
| Loan loss allowance | $ 33.99 million |
| Trading account assets | $ 29.86 million |
| Bank premises and fixed assets | N.A. |
| Other real estate owned | N.A. |
| Goodwill and other intangibles | $ 0.33 million |
| All other assets | $ 67.25 million |
| Total Assets | $ 3.87 billion |
| LIABILITIES | |
|---|---|
| Total deposits | $ 3.71 billion |
| Interest-bearing deposits | $ 2.85 billion |
| Deposits held in domestic offices | $ 3.71 billion |
| % insured (estimated) | 47.85% |
| Federal funds purchased and repurchase agreements | $ 50.00 million |
| Trading liabilities | N.A. |
| Other borrowed funds | $ 49.05 million |
| Subordinated debt | N.A. |
| All other liabilities | $ 12.21 million |
| Total Liabilities | $ 3.87 billion |
| Shareholders’ Equity | $ 502.59 million |
Summary Income Statement
June 30, 2024| INCOME AND EXPENSES | |
|---|---|
| Total Interest Income | $ 119.18 million |
| Total Interest Expense | $ 67.72 million |
| Net interest income | $ 51.45 million |
| Provision for loan and lease losses | $ 0.69 million |
| Total non interest income | $ 11.08 million |
| Total non interest expense | $ 40.49 million |
| Pre-tax Net Operating Income | $ 15.18 million |
Bank Loan Profile?
The top three loan types in Bradesco Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Commercial and Industrial Loans.
Compared to other banks in Florida, Bradesco Bank has a significantly higher percent of 1-4 Family Residential 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 | 43.81 | ✓ | ||
| Multifamily Mortgages |
0.69 | ✓ | ||
| Credit Card Loans | 0.04 | ✓ | ||
| Consumer Auto Loans | 0.00 | ✓ | ||
| Small Business Loans | 0.19 | ✓ | ||
| Construction and Development Loans | 0.05 | ✓ | ||
| Commercial Real Estate | 3.26 | ✓ | ||
| Commercial and Industrial Loans | 1.70 | ✓ | ||
| Farm Loans | 0.00 | ✓ | ||
*Should any logos, images or public notes appear on this page,they do so courtesy of Bradesco Bank and are not subject to approval of BestCashCow. BestCashCow expressly disclaims all responsibility for this content.
Customer Reviews for Bradesco Bank
norich@aol.com
March 19, 2024
I have 5 other cd's at competing banks and have not had trouble. I tried 3 times today to open one w/ bradesco and it repeatedly declines my app after I input the code they sent me. Customer service was no help whatsoever as they told me the email they sent would explain why. Wrong again. Email informed me I was declined. Never try this bank again; same rates elsewhere.
Is this review helpful? Yes:3 / No: 0
edith.stewart51@gmail.com
August 25, 2022
I'm really hesitating to buy a CD here after reading the reviews. Customer service is extremely important, especially when you can't go to the Bank in person to deal with matters of concern. Is your Bank addressing these problems?
Is this review helpful? Yes:4 / No: 1
GERSHON INVESTMENTS LLC
November 30, 2015
WHAT ARE YOUR BEST RATES FOR UPTO $100,000 FOR 12 MONTHS CD FOR LLC .
Is this review helpful? Yes:8 / No: 1
gene court
February 23, 2015
Can I open a CD account in the name of an Inter=Vivos trust account? Do we have to visit one of your banks to open the account?
Is this review helpful? Yes:4 / No: 5
maria jochym
January 6, 2015
I like to open cd where to start can
Is this review helpful? Yes:4 / No: 4
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