Flushing Commercial Bank

Flushing Commercial Bank Locations
1979 Marcus Avenue Suite E140
New Hyde Park, NY 11042
800.581.2889
www.flushingbank.com

Flushing Commercial Bank is headquartered in New Hyde Park and is the 63rd largest bank in the state of New York. It is also the 943rd largest bank in the nation. It was established in 2007 and as of March of 2012, it had grown to 3 employees at 3 locations. Flushing Commercial Bank has a 5-star health rating.

Flushing Commercial Bank Routing Number: 021414345



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See Rates for: Checking | Savings | Money Market | CD | IRA

Flushing Commercial Bank Checking Account Rates

ApyMinMaxProduct
0.35%$5k-BestRate Checking

Flushing Commercial Bank Savings Account Rates

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0.10%--Statement Savings

Flushing Commercial Bank Money Market Rates

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0.15%$5k-Maximum Money Market

Flushing Commercial Bank CD Rates

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1.80%$5k-10 Year CD
1.70%$5k-7 Year CD
1.10%$5k-60 Month CD
0.90%$5k-48 Month CD
0.70%$5k-36 Month CD
0.65%$5k-30 Month Bump-Up CD
0.50%$5k-24 Month CD
0.15%$5k-6 Month CD
0.15%$5k-9 Month CD
0.15%$5k-12 Month CD
0.15%$5k-15 Month CD
0.15%$5k-18 Month CD

Flushing Commercial Bank IRA Rates

ApyMinMaxProduct
1.80%$5k-10 Year IRA
1.80%$5k-10 Year Roth IRA
1.70%$5k-7 Year IRA
1.70%$5k-7 Year Roth IRA
1.10%$1k-60 Month IRA
1.10%$1k-60 Month Roth IRA
0.90%$1k-48 Month IRA
0.90%$1k-48 Month Roth IRA
0.70%$1k-36 Month IRA
0.70%$1k-36 Month Roth IRA
0.65%$1k-30 Month Bump-Up IRA
0.65%$1k-30 Month Bump-Up Roth IRA
0.50%$1k-24 Month IRA
0.50%$1k-24 Month Roth IRA
0.15%$1k-6 Month IRA
0.15%$1k-9 Month IRA
0.15%$1k-12 Month IRA
0.15%$1k-15 Month IRA
0.15%$1k-18 Month IRA
0.15%$1k-6 Month Roth IRA
0.15%$1k-9 Month Roth IRA
0.15%$1k-12 Month Roth IRA
0.15%$1k-15 Month Roth IRA
0.15%$1k-18 Month Roth IRA

Rates updated: 5/25/2012

Data for Q1 2012


Institution Statistics


Flushing Commercial Bank
FDIC Certificate #58564
BankRate ReportView
Year Established2007
Employees3
Primary RegulatorFDIC

Assets and Liabilities

Assets$703.44 million
Deposits$636.61 million
Equity Capital$64.62 million

Historic Data - March 2011

Assets$623.39 million
Equity Capital$58.16 million

Profit Margin - Quarterly

Net Interest Margin2.23%
Return on Assets1.11%
Return on Equity11.82%
Interest Income$4.86 million

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Flushing Commercial Bank had $0 in non-current loans and owned real-estate with $64.62 million in equity and loan loss allowances on hand to cover it. This gives Flushing Commercial Bank a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Deposit Growth5
In the past year, Flushing Commercial Bank has increased its total deposits by $73.37 million, resulting in 13.03% 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 Flushing Commercial Bank has shown is excellent.
Capitalization3
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. Flushing Commercial Bank has $703.44 million in assets with $64.62 million in equity, resulting in a capitalization level of 9.19%, which is average.
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