Bank Of Burlington
FDIC #59298
📍 South Burlington, Vermont
Bank Of Burlington is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in August 2, 2022. With assets of $134.13 Million, it operates 1 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: October 1, 2024
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
October 1, 2024
Satisfactory
💰 Financial Strength
Total Assets$134.13 Million
Total Deposits$105.73 Million
Equity Capital$27.34 Million
Net Income$-2,025,000
📈 Performance
ROA-2.33%
ROE-9.49%
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
EstablishedAugust 2, 2022
FDIC Cert59298
Holding CoN/A
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeJanuary 24, 2023
Foreign Offices0
SAIF InsuredNo
State CharteredYes
📜 Institutional History
9999
Relocation
Moved HQ to: 30 Kimball Ave, South Burlington, VT 05403.