Fireside Bank

Fireside Bank is an FDIC insured and regulated California industrial bank operating throughout the United States.  The primary business of Fireside Bank includes: certificates of deposit (CDs) and competitive non-prime automobile lending programs that are offered to consumers by thousands of automobile dealers around the country

Fireside Bank was established on December 31, 1950.  Fireside Bank has been FDIC insured since October 5, 1984.  Fireside Bank is chartered as a Federal Reserve Non-member.  Therefore the primary regulator is the Federal Deposit Insurance Corporation (FDIC).

Fireside Bank is a subsidiary of Unitrin.  Unitrin is a large financial services provider.  The Unitrin family of companies specializes in property and casualty insurance, life and health insurance, and automobile finance products for individuals, families, and small businesses.

At the close of 2008, Fireside Bank had total assets of $1,379,885,000 and total deposits of $1,110,839,000.  The bank operates with approximately 733 total full-time equivalent employees.  To end the year of 2008, Fireside Bank had generated a loss of -$13,112,000

Fireside Bank most recent performance ratios.
As of December 31, 2008:

Return on assets (ROA) -0.91%
Return on equity (ROE) -6.40%
Yield on earning assets 18.15% 
Cost of funding earning assets 4.41% 
Net interest margin 13.74%
Noncurrent loans to loans 1.00%
Equity capital to assets 17.37% 
Core capital (leverage) ratio 15.56% 
Tier 1 risk-based capital ratio 18.39% 
Total risk-based capital ratio 19.75%

Fireside Bank products and services:

Fireside Bank is an industrial bank that buys car loans from auto dealerships; it specializes in loans for used automobiles made to individuals with less-than-perfect credit histories.  The company purchases retail installment contracts from dealerships to provide credit to purchase automobiles and light trucks.  A subsidiary of Unitrin, the bank has some 10 branches in California and about 10 additional locations scattered throughout the Midwest and West.  In addition to its lending operations, Fireside Bank also offers certificates of deposit through its branch offices as well as through its web site.  The bank also offers savings deposit accounts and personal loans.  Fireside Bank has been working in the non-prime auto finance industry for over 50 years and has built strong relationships with over 15,000 dealers

Fireside Bank branch bank locations:

Corporate Office
5050 Hopyard Road
Pleasanton, CA. 94588
Telephone: 866-612-1801
Customer Service: 800-825-1862

California Branch Division
Concord
1855 Gateway Blvd., Suite 120
Concord, CA 94520
Telephone: 925-689-6200
       
Downey
Firestone Blvd., Suite 100
Downey, CA 90241
Telephone: 562-869-3311

Encino
16000 Ventura Blvd., Suite 102
Encino, CA 91436
Telephone: 818-905-6211

Fresno
1196 E. Shaw, Suite 101
Fresno, CA 93710
Telephone: 559-221-0991

San Bernardino
650 East Hospitality Lane, Suite 110
San Bernardino, CA 92408
Telephone: 877-410-4411

San Diego
5333 Mission Center Road, Suite 115
San Diego, CA 92108
Telephone: 619-542-0180

San Jose
4880 Stevens Creek Blvd., Suite 102
San Jose, CA. 95129
Telephone: 408-244-4411

Fireside Bank web address: www.firesidebank.com

Tags: bank, bank assets, bank branches, bank income, California bank, certificate of deposit, FDIC, Fireside Bank, performance ratios, savings

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