Central Savings FSB
Chicago, Illinois · FDIC Cert #27910
Central Savings FSB is an FDIC-insured bank (Certificate #27910) with $112M in total assets and $77M in total deposits as of the Q2 2024 Call Report. Headquartered in Chicago, Illinois, the bank maintains a Tier 1 capital ratio of 32.71% (Well-Capitalized) and a nonperforming loan ratio of 0.46%. BankHealthData assigns a composite Health Grade of B (74/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Central Savings FSB (FDIC cert 27910) is a community bank — $112M in total assets, $77M in deposits, serving the Chicago, Illinois area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is strong: Tier 1 capital ratio of 32.71% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is clean: non-performing loan ratio of 0.46% is below 0.5% — well within the healthy range for U.S. community and regional banks. Clean NPL ratios reflect either disciplined underwriting, a low-credit-risk loan mix, or both. Liquidity is thin: 11.0% liquid-asset ratio. Banks with thin liquidity buffers can face stress during deposit-outflow events or asset-quality shocks.
Profitability is solid: ROA of 0.92% sits at or near the 1% benchmark for healthy U.S. banks. Net interest income, fee income, and operating efficiency are all in workable shape. Health-score trend is essentially stable across the recent-quarters window — the typical pattern for established banks operating in steady-state mode. Central Savings FSB carries a composite BankHealth grade of B (74/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Central Savings FSB
- Total Assets
- $112M
- Total Deposits
- $77M
- Tier 1 Capital Ratio
- 32.71%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.46%
- Liquidity Ratio
- 11.05%
- Return on Assets
- 0.92%
- Headquarters
- Chicago, Illinois
- FDIC Certificate
- #27910
- Health Grade
- B (74/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Central Savings FSB holds a Tier 1 capital ratio of 32.71%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Central Savings FSB has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Central Savings FSB shows strong financial health indicators. With $112M in assets and a Health Score of 74/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Central Savings FSB Compares
Central Savings FSB’s Health Score of 74 is 2 points above the Illinois state average of 72 across 333 FDIC-insured banks. Its 32.71% Tier 1 capital ratio is 18.7 points above the US banking industry average near 14%. The 0.46% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 0.92% is below the national ROA benchmark of ~1.1%. Among 1168 similarly-sized banks, the average Health Score is 68, meaning this bank ranks above its size cohort. Site-wide, Central Savings FSB is 4 points above the portfolio average of 70.
Frequently Asked Questions
Central Savings FSB has a Bank Health Score of B (74/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 32.71%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Central Savings FSB's Tier 1 capital ratio of 32.71% and nonperforming loan ratio of 0.46% indicate a low risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Central Savings FSB is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #27910). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Central Savings FSB holds $112M in total assets and $77M in total deposits. It is headquartered in Chicago, Illinois (FDIC Certificate #27910).
Central Savings FSB has a Tier 1 capital ratio of 32.71%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.46%, and the return on assets is 0.92%.
Yes. Central Savings FSB is FDIC-insured (Certificate #27910). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An B grade on our Bank Health Score means 70-84/100 — solid financial position with no major stress signals. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Central Savings FSB's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.