SKOWHEGAN SAVINGS BANK
SKOWHEGAN, MAINE · FDIC Cert #19532
Capital & Safety Analysis
According to FDIC financial data, SKOWHEGAN SAVINGS BANK holds a Tier 1 capital ratio of 20.20%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning SKOWHEGAN SAVINGS BANK has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
SKOWHEGAN SAVINGS BANK shows strong financial health indicators. With $881M in assets and a Health Score of 93/100, 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
SKOWHEGAN SAVINGS BANK has a Bank Health Score of A (93/100). It holds a Tier 1 capital ratio of 20.20%, 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.
SKOWHEGAN SAVINGS BANK holds $881M in total assets and $709M in total deposits. It is located in SKOWHEGAN, MAINE (FDIC Certificate #19532).
SKOWHEGAN SAVINGS BANK has a Tier 1 capital ratio of 20.20%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.27%, and the return on assets is 1.09%.
Yes. SKOWHEGAN SAVINGS BANK is FDIC-insured (Certificate #19532). 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.