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BankHealth

RELIANCE SAVINGS BANK

ALTOONA, PENNSYLVANIA · FDIC Cert #30117

A
Health Score
83/100
$639M
Total Assets
$506M
Total Deposits
15.66%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, RELIANCE SAVINGS BANK holds a Tier 1 capital ratio of 15.66%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning RELIANCE SAVINGS BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

0.97%
Nonperforming Loans
Low — healthy loan portfolio
26.07%
Liquidity Ratio
Strong — can meet withdrawal demands
0.28%
Return on Assets
Low profitability
$506M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

RELIANCE SAVINGS BANK shows strong financial health indicators. With $639M in assets and a Health Score of 83/100, 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

RELIANCE SAVINGS BANK has a Bank Health Score of A (83/100). It holds a Tier 1 capital ratio of 15.66%, 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.

RELIANCE SAVINGS BANK holds $639M in total assets and $506M in total deposits. It is located in ALTOONA, PENNSYLVANIA (FDIC Certificate #30117).

RELIANCE SAVINGS BANK has a Tier 1 capital ratio of 15.66%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.97%, and the return on assets is 0.28%.

Yes. RELIANCE SAVINGS BANK is FDIC-insured (Certificate #30117). 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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