corefirst

CoreFirst Bank & Trust believe in customer happiness that can drive them to success. For this purpose, they provide all the core banking services, products, and facilities for the people of the community.

People know this bank is best for getting a comprehensive financial benefits program. Even their family-friendly banking environment makes people more flexible to share what they want from a community bank.

Now banking becomes fun for the people who meet the team of this bank. All the products including CDs, IRAs, Savings, and Checking make a meaningful money management system. 

We want to discuss more interesting facts about this bank. Let’s find them all below.

CoreFrist Bank & Trust
Picture: CoreFrist Bank & Trust

What is CoreFirst Bank & Trust?

In the United States of America, CoreFirst Bank & Trust operates its banking activities as a highly focused community bank.

They want to contribute to the development of the community. It was established in 1959 and set its headquarters in Topeka, Kansas. Now they’ve assets totaling $999 million and $599 million in deposits.

This medium-sized bank offers a wide range of financial services including Savings accounts, checking accounts, money market accounts, CDs, IRAs, brokerage accounts, mortgage products, credit cards, and many more.

To ensure a higher return on the investment, this bank set a high saving APY. This is the thing we always want for a community bank.

CoreFirst is the 14th largest bank in the state of Kansas and the 850th largest bank in the nation. This bank has 244 employees and all of them are highly dedicated to their services. In 15 different locations, you can find them.

Start your financial journey with CoreFirst
Picture: Start your financial journey with CoreFirst

What You Need To Understand About CoreFirst Bank & Trust?

This community bank teaches us that banking is one kind of financial art and education. To organize the people of the community financially, this bank wants to deliver the best offers.

But is this bank worth it? To know more details about it, you need to read below.

ParticularsRemarks
Banks’ Headquarters3035 south Topeka Avenue, Topeka, Kansas, 66611
EstablishedNov 30, 1959
Became FDIC InsuredNov 30, 1959
Corporate Websitewww.cbtks.com
Number of Branches16
US Bank Branches16
Foreign Offices0
Bank ClassCommercial bank, state charter, and Fed nonmember, supervised by the FDIC
Last structure changeMarch 03, 2013
SAIF InsuredNo
State CharteredYes
Assets$946283
Deposits$640763
Equity Capital$89916
Net Income$8117
FDIC Region11
FDIC Supervisory RegionKansas City
Federal Reserve DistrictKansas City
FDIC Field OfficeKansas City
RegulatorFDIC
Size201 to 500 Employees
TypeCompany – Private
ConcentrationCommercial Lending Specialization, Personal Banking, Business Banking, Mobile & Online Financial Service, Trust Service, and Wealth Management
Holden ByCommerce B&T Holding Employee
Carter ClassCommercial bank, state charter, and Fed nonmember, supervised by the FDIC
Return on Assets1%
Return on Equity18%
Operating StatusActive
Company TypeFor-Profit

What is the Current Assets & Liability Position of CoreFirst?

To become a happy customer of a community bank like this one, you need to find out their current financial status and position.

That’s why we made a table of some financial parameters that can guide you to make decisions for daily banking with CoreFirst.

Let’s find out all these values and a comparison with the previous quarter.

ParticularsQ4 2021Q4 2020
Assets$1.22B$1.05B
Loans$675.1MM$687.8MM
Deposits$982.2MM$820.7MM
Equity Capital$94.7MM$95.6MM
Loan Loss Allowance$$7.4MM$10.9MM
Unbacked Noncurrent Loans$$7.6MM$13.3MM
Real Estate Owned$1.2MM$1.3MM

What Types of Product You Can Avail From This Bank?

To increase the quality of the services, CoreFirst introduced different types of financial services and products.

Read More: Is Origin Bank A Reliable Bank for Your Small Business?

At the moment, getting different ways to manage money is a big deal for us. This bank makes everything easy for us.

We also want to share all these products and services with you. You can find them all below.

Personal Banking:

Banking:

  • Everyday banking
  • Relationship Banking
  • Rewards Banking
  • Account Recommendation

Savings:

  • Statement Savings
  • Money Market Preferred Plus
  • Certificates of Deposits
  • IRAs

Overdraft Protection:

  • Credit Line
  • Account Link
  • Overdraft Converge

Debit Card

Other Services:

  • Safe Deposit Box
  • Direct Deposit
  • Check Reorder
  • Information Line

Online and Mobile Banking:

Internet Banking:

  • Internet Banking
  • Internet Bill Payer
  • Internet Banking Security
  • Money Plan

Mobile Banking:

  • Mobile Banking
  • Mobile Deposit
  • Text Banking

Electronic Wallet Pay

E-Statement

Borrow:

Home Loan:

  • Home Purchase
  • Home Loan Refinance
  • Mortgage Loan Officers
  • Construction-To-Permanent Loan

Home Equity:

  • Home Equity Loan
  • Home Equity Line

Personal Loans:

  • Auto Loans
  • RV and Boat Loans
  • Personal Loan
  • Credit Lines

Credit Cards:

Student Loans

Prepare:

  • Trust Services
  • Estate Planning
  • Brokerage Services
  • Life Insurance
  • Education Funding
  • Financial Planning

Business Banking:

Bank:

Banking Accounts:

  • Commercial
  • Commercial Interest
  • Small Business

Savings:

  • Business Money Market
  • Business Money Market Preferred+
  • Business Savings
  • Certificates of Deposits

Business Credit Cards:

  • Purchase Card
  • Business Card
  • ScoreCard Rewards
  • Chip Technology
  • Payroll Card
  • Business Debit Card
  • Business Debit Card
  • Chip Technology

Other Services:

  • Safe Deposit Box
  • Check Reorder

Online & Mobile Banking:

  • Online Banking
  • Mobile Banking
  • E-Statement

Borrow:

Term Loans:

  • Equipment Loans
  • Commercial Real Estate Loans

Business Line of Credit

Core Expenses Loan Program

Learn:

Education:

  • Home Purchase
  • Auto Purchase
  • Financial Scams

Financial Calculators:

  • Personal Finance Calculator
  • Investment Calculator
  • Retirement Calculator

Investment Solutions:

  • Annuities
  • Long-Term Care Insurance
  • Life Insurance
  • Retirement Planning
  • Brokerage Services
  • Education Funding
  • Business Succession Planning
  • Financial Planning
  • Investment Service Team
Picture: Choose your product
Picture: Choose your product

What is the Rate of Their Popular Product?

CoreFirst wants to make some difference in community banking. People want a higher return on their investment.

Read More: Deals of America – How To Get The Best Coupons Before They Expire

Most people love daily banking only for this purpose. So, CoreFirst set a better APY method for them. You want to know what they are offering for their popular product. Then have a glance at them.

ProductCurrent Terms and RatesMinimum Balance for APY
Savings Account0.1% APY$1
Checking Account0.05% APY$5000
Certificates of Deposit12 Month: 0.80% APY24 Month: 2.65% APY36 Month: 1.31% APY48 Month: 1.61% APY60 Month: 2.02% APY$1000 for all terms
Money Market Accounts0.15% APY0.25% APY$10000$15000
Picture: Control your account from mobile
Picture: Control your account from mobile

Conclusion:

CoreFirst Trust & Bank never failed to make their customers happy. They explain why they are the best in this sector.

Their super nice attitude makes everyone comfortable because it creates a family-friendly banking environment.

They start with your dream and close it after passing the road successfully. This is the theme of success for this bank. They also offer online and mobile banking for everyone.

So, it doesn’t matter in which corner of the world you are living right now. Just log in to your account and do what you need with your money. For better money management, nothing can be best except CoreFirst.

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