Discover Bank

For information concerning the online bank, please click here.

Branches

Click on location and enter new zip number to change.
Your current location is: Connecticut, Fairfield
View Branches Statewide →

View Branches Nationwide →

Discover Bank Locations

Deposit Rates - May 12, 2021

Overview 2021

General Bank Information

FDIC Insured Yes
FDIC Certificate # 5649
Date Established 1911
Assets $ 111.34 billion
Loans $ 82.22 billion
Deposits $ 79.66 billion
Capital $ 10.19 billion

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $ 13.35 billion
Interest-bearing balances $ 12.32 billion
Total securities $ 12.14 billion
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 82.22 billion
Loan loss allowance $ 8.23 billion
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.02 million
Goodwill and other intangibles $ 2.25 million
All other assets $ 3.29 billion
     Total Assets $ 101.15 billion

LIABILITIES
Total deposits $ 79.66 billion
      Interest-bearing deposits $ 78.36 billion
      Deposits held in domestic offices $ 79.66 billion
      % insured (estimated) 90.86%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 17.05 billion
Subordinated debt $ 1,015.22 million
All other liabilities $ 3.42 billionn
      Total Liabilities $ 101.15 billion
      Shareholders’ Equity $ 10.19 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $ 11.44 billion
Total Interest Expense $ 1,670.76 million
Net interest income $ 9.77 billion
Provision for loan and lease losses $ 5.12 billion
Total non interest income $ 701.71 million
Total non interest expense $ 3.89 billion
Pre-tax Net Operating Income $ 1,464.31 million

Discover Bank is an FDIC insured institution headquartered at 502 E Market St, Greenwood, DE 19950.
It was founded in 1911 and has approximately $111 billion in assets. Customers can open an account at one of its 2 branches.