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Sun National Bank

Strong Banking Institutions

 

What makes Sun National Bank a strong bank?

A critical reason that Sun National Bank is a strong bank is due to us being classified  as a “well capitalized” bank.  When a bank talks about their capital ratios, they are referring to the percentage of their capital to its risk-weighted assets.  To be considered “well capitalized” under federal bank regulatory agency definitions, a bank must have Tier 1 capital of at least 10%. Sun’s second quarter Tier 1 capital ratio was 10.83%.

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