PREFERRED LEGACY NATL TR BK
CANTON, OHIO · FDIC Cert #59357
Capital & Safety Analysis
According to FDIC financial data, PREFERRED LEGACY NATL TR BK holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject PREFERRED LEGACY NATL TR BK to additional regulatory scrutiny.
Key Financial Metrics
What This Means For Your Money
PREFERRED LEGACY NATL TR BK shows average financial health. While not alarming, its Health Score of 55/100 suggests some areas could be stronger. Your FDIC-insured deposits (up to $250,000) remain fully protected regardless.
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
PREFERRED LEGACY NATL TR BK has a Bank Health Score of C (55/100). It holds a Tier 1 capital ratio of 0.00%, which is below the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
PREFERRED LEGACY NATL TR BK holds $9M in total assets and $0 in total deposits. It is located in CANTON, OHIO (FDIC Certificate #59357).
PREFERRED LEGACY NATL TR BK has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." The nonperforming loan ratio is 0.00%, and the return on assets is -7.79%.
Yes. PREFERRED LEGACY NATL TR BK is FDIC-insured (Certificate #59357). 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.