The Equitable Bank, S.s.b.
FDIC #28614
📍 Wauwatosa, Wisconsin
The Equitable Bank, S.s.b. is a commercial bank (si) established in 01/01/1927. With assets of $347.72 Million, it operates 6 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: February 1, 2023
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
February 1, 2023
Satisfactory
February 1, 2020
Satisfactory
February 1, 2017
Satisfactory
💰 Financial Strength
Total Assets$347.72 Million
Total Deposits$318.93 Million
Equity Capital$27.34 Million
Net Income$-552,000
📈 Performance
ROA-0.21%
ROE-2.57%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
Established01/01/1927
FDIC Cert28614
Holding CoTeb Mhc
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
📜 Institutional History
2006
Relocation
Moved HQ to: 2290 North Mayfair Road, Wauwatosa, WI 53213.
1993
Name Change
Name became: Changed Institution Name To The Equitable Bank, S.s.b..
1992
Merger / Acquisition
Acquired: Horizon Savings Bank, S.a.
1991
Name Change
Name became: Changed Institution Name To The Equitable Bank, Ssb.
1982
Merger / Acquisition
Acquired: Heritage Savings And Loan Association