Credit First National Assn
Brook Park, Ohio · FDIC Cert #33855
Credit First National Assn is an FDIC-insured bank (Certificate #33855) with $40M in total assets and $500K in total deposits as of the Q2 2024 Call Report. Headquartered in Brook Park, Ohio, the bank maintains a Tier 1 capital ratio of 367.61% (Well-Capitalized) and a nonperforming loan ratio of 0.00%. BankHealthData assigns a composite Health Grade of A (100/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Credit First National Assn (FDIC cert 33855) is a community bank — $40M in total assets, $500,000 in deposits, serving the Brook Park, Ohio 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 367.61% 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 0.00% 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 very high: 93.1% of assets in liquid form, well above peer norms. Very high liquidity sometimes reflects a bank still building out its loan portfolio or one operating under specific regulatory liquidity requirements.
Profitability is strong: return on assets of 27.21% is well above the 1.0% benchmark most analysts use as the threshold for a healthy bank. Strong ROA usually reflects disciplined cost management, healthy net interest margins, or both. Health-score trend is essentially stable across the recent-quarters window — the typical pattern for established banks operating in steady-state mode. Credit First National Assn carries a composite BankHealth grade of A (100/100) 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: Credit First National Assn
- Total Assets
- $40M
- Total Deposits
- $500K
- Tier 1 Capital Ratio
- 367.61%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.00%
- Liquidity Ratio
- 93.09%
- Return on Assets
- 27.21%
- Headquarters
- Brook Park, Ohio
- FDIC Certificate
- #33855
- Health Grade
- A (100/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Credit First National Assn holds a Tier 1 capital ratio of 367.61%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Credit First National Assn has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Credit First National Assn shows strong financial health indicators. With $40M in assets and a Health Score of 100/100, 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 Credit First National Assn Compares
Credit First National Assn’s Health Score of 100 is 33 points above the Ohio state average of 67 across 144 FDIC-insured banks. Its 367.61% Tier 1 capital ratio is 353.6 points above the US banking industry average near 14%. The 0.00% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 27.21% is in line with or above the national ROA benchmark of ~1.1%. Among 411 similarly-sized banks, the average Health Score is 69, meaning this bank ranks above its size cohort. Site-wide, Credit First National Assn is 30 points above the portfolio average of 70.
Frequently Asked Questions
Credit First National Assn has a Bank Health Score of A (100/100), placing it one of the safest banks in our analysis. It holds a Tier 1 capital ratio of 367.61%, 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. Credit First National Assn's Tier 1 capital ratio of 367.61% and nonperforming loan ratio of 0.00% 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 Credit First National Assn is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #33855). 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.
Credit First National Assn holds $40M in total assets and $500K in total deposits. It is headquartered in Brook Park, Ohio (FDIC Certificate #33855).
Credit First National Assn has a Tier 1 capital ratio of 367.61%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.00%, and the return on assets is 27.21%.
Yes. Credit First National Assn is FDIC-insured (Certificate #33855). 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 A grade on our Bank Health Score means 85+/100 — top-tier capital, low loan losses, strong liquidity. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Credit First National Assn'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.