5-Star Rated Geddes Federal Savings & Loan Association One of the Nation's Strongest Banks
Geddes Federal Savings has achieved a prestigious 5-star rating from BauerFinancial for 2023. The designation indicates that we closed out the calendar year excelling in areas of capital adequacy, profitability, asset quality, and much more. In fact, we are proud to say that we have earned and maintained Bauer's recommendation (5-Stars or 4-Stars) for 135 consecutive quarters.
December 31, 2023
ASSETS
| Mortgage Loans & Other Liens on Real Estate | $531,893,219 |
| All Other Loans | 12,826,414 |
| Cash on Hand & in Banks | 31,007,943 |
| Investments and Securities | 69,644,789 |
| Fixed Assets less Depreciation | 620,499 |
| Deferred Charges & Other Assets | 5,315,006 |
| TOTAL ASSETS | $651,307,870 |
LIABILITIES & NET WORTH
| Savings Accounts | $443,076,730 | |
| Loans in Process | 2,080,616 | |
| Other Liabilities | 107,331,130 | |
| Regulatory Capital | 29,308,854 | |
| Excess Capital | 69,510,540 | 98,819,394 |
| TOTAL LIABILITIES & NET WORTH | $651,307,870 |
Passbook Savings
Statement Savings
Certificates of Deposit
Money Market Account
Premier Money Market
New Wave Checking (Basic Banking)
NOW & Super NOW
Business & Commercial
Special Services
First-Time Home Buyer Program
Debit Card
Maturity Plus
Drive-In Teller
24-Hour Depository
Bank by Mail
Direct Deposit
Notary Service
Money Orders
24-Hour On Site ATM
Wire Transfers (Domestic)
24-Hour Automated Banking
24-Hour Online Banking
Mobile Banking/Mobile Check Deposit/E statements
Traditional IRA
Roth IRA
IRA Rollovers
Home Loans
Mortgage Loans
Home Equity Loans
Home Equity Line of Credit
Home Improvement Loans
Construction Loans
Land & Lot Financing
Other Loans
Secured Personal Loans
Passbook Loans