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1433 Van Houten Avenue, 3rd Floor
Clifton, NJ 07013

Clifton Savings Bank is headquartered in Clifton and is the 20th largest bank in the state of New Jersey. It is also the 533rd largest bank in the nation. It was established in 1928 and as of March of 2014, it had grown to 96 employees at 13 locations. Clifton Savings Bank has a A+ health rating.

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Reviews (1)

Honest Folks Who Have A Brain

My experience with Clifton Savings Bank was with a mortgage a few years ago. Their staff are knowledgeable, courteous, and helpful. I really appreciated the fact that I could have a real conversation with them and I know their home loan department are the kind of people who will try to work with you if you fall on hard times. After a courteous meeting with their home loans department, I was pre-qualified for a loan. I found them very helpful in answering questions about the loan or about viewing mortgage activity online. You will need to look into personal banking products yourself, but in terms of home loans and customer service, this bank was a pleasure to work with.


Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Clifton Savings Bank had $5.13 million in non-current loans and owned real-estate with $172.83 million in equity and loan loss allowances on hand to cover it. This gives Clifton Savings Bank a Texas Ratio of 2.97% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Clifton Savings Bank decreased slightly from 3.61% as of March 31, 2013 to 2.97% as of March 31, 2014, resulting in a positive change of 17.81%.This indicates that the balance sheet and financial strength for Clifton Savings Bank has improved slightly in recent periods.

Deposit Growth


In the past year, Clifton Savings Bank has increased its total deposits by $160.43 million, resulting in 20.48% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Clifton Savings Bank has shown is excellent.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Clifton Savings Bank has $1.27 billion in assets with $172.83 million in equity, resulting in a capitalization level of 13.66%, which is excellent.

Institution Statistics

FDIC Certificate #28633
Year Established1928
Primary RegulatorOCC
Assets and Liabilities
Assets$1.27 billion
Loans$584.51 million
Deposits$943.97 million
Equity Capital$169.76 million
Loan Loss Allowance$3.07 million
Unbacked Noncurrent Loans$5.13 million
Real Estate Owned$0
Historic Data - March 2013
Assets$1.02 billion
Equity Capital$166.65 million
Loan Loss Allowance$2.50 million
Unbacked Noncurrent Loans$5.13 million
Real Estate Owned$215,000
Profit Margin - Quarterly
Return on Assets0.55%
Return on Equity3.85%
Interest Income$8.68 million

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Clifton Savings Bank Savings Account Rates

0.15%--Passbook Savings
0.15%$25k-Statement Savings
0.15%--Holiday Club
0.15%--Vacation Club

Clifton Savings Bank Money Market Rates

0.15%$2,500-Money Market Account

Clifton Savings Bank Checking Account Rates

0.15%$15k-Crystal Checking
0.15%$2,500-Super N.O.W.

Clifton Savings Bank CD Rates

2.01%$500-72 Month Bonus CD
2.00%$500-84 Month CD
2.00%$500-60 Month CD
1.75%$500-72 Month CD
1.50%$500-50 Month CD
1.25%$500-36 Month CD
1.00%$500-24 Month CD
0.95%$500-30 Month CD
0.85%$500-25 Month CD
0.75%$500-18 Month CD
0.50%$500-12 Month CD
0.50%$500-14 Month CD
0.50%$500-15 Month CD
0.30%$500-6 Month CD
0.30%$500-8 Month CD
0.30%$500-9 Month CD
0.30%$500-11 Month CD
0.20%$500-75 Day CD
0.20%$500-3 Month CD
0.20%$500-4 Month CD

Clifton Savings Bank IRA Rates

2.01%$500-72 Month Bonus IRA
2.00%$500-84 Month IRA
2.00%$500-60 Month IRA
1.75%$500-72 Month IRA
1.50%$500-50 Month IRA
1.25%$500-36 Month IRA
1.00%$500-24 Month IRA
0.95%$500-30 Month IRA
0.85%$500-25 Month IRA
0.75%$500-18 Month IRA
0.50%$500-12 Month IRA
0.50%$500-14 Month IRA
0.50%$500-15 Month IRA
0.30%$500-6 Month IRA
0.30%$500-8 Month IRA
0.30%$500-9 Month IRA
0.30%$500-11 Month IRA
0.20%$500-75 Day IRA
0.20%$500-3 Month IRA
0.20%$500-4 Month IRA

Clifton Savings Bank has 12 locations. Click to view all Clifton Savings Bank locations.