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BankHealth

MUTUAL FEDERAL BANK

CHICAGO, ILLINOIS · FDIC Cert #28302

B
Health Score
67/100
$95M
Total Assets
$69M
Total Deposits
24.06%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, MUTUAL FEDERAL BANK holds a Tier 1 capital ratio of 24.06%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning MUTUAL FEDERAL BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

0.99%
Nonperforming Loans
Low — healthy loan portfolio
9.75%
Liquidity Ratio
Low — potential liquidity stress
0.42%
Return on Assets
Low profitability
$69M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

MUTUAL FEDERAL BANK shows strong financial health indicators. With $95M in assets and a Health Score of 67/100, 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.

Frequently Asked Questions

MUTUAL FEDERAL BANK has a Bank Health Score of B (67/100). It holds a Tier 1 capital ratio of 24.06%, 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.

MUTUAL FEDERAL BANK holds $95M in total assets and $69M in total deposits. It is located in CHICAGO, ILLINOIS (FDIC Certificate #28302).

MUTUAL FEDERAL BANK has a Tier 1 capital ratio of 24.06%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.99%, and the return on assets is 0.42%.

Yes. MUTUAL FEDERAL BANK is FDIC-insured (Certificate #28302). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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