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212-532-4444
99 Madison Avenue
New York, NY 10016

HAB Bank is headquartered in New York and is the 50th largest bank in the state of New York. It is also the 774th largest bank in the nation. It was established in 1984 and as of December of 2013, it had grown to 131 employees at 7 locations. HAB Bank's money market rates are 48% higher than the national average, and it has a B+ health rating.

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Top 1-Year CD Rate in California at HAB Bank - 7/10/2013

HAB Bank (formerly known as Habib American Bank is listing a very competitive 1-year CD rate for its California branches. The CD has a 1.15% APY for a minimum deposit of $1,500. Unfortunately, a much ...



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Health

Data for Q4 2013

Institution Health

B+

Texas Ratio

GRADE:
A

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 December 31, 2013 HAB Bank had $9.51 million in non-current loans and owned real-estate with $91.22 million in equity and loan loss allowances on hand to cover it. This gives HAB Bank a Texas Ratio of 10.43% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for HAB Bank experienced no significant changes from 10.02% as of December 31, 2012 to 10.43% as of December 31, 2013, resulting in a negative change of 4.10%. This indicates that the balance sheet and financial strength for HAB Bank has had no significant changes in recent periods.

Deposit Growth

GRADE:
A+

In the past year, HAB Bank has increased its total deposits by $52.26 million, resulting in 7.52% 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 HAB Bank has shown is excellent.

Capitalization

GRADE:
B+

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. HAB Bank has $859.62 million in assets with $91.22 million in equity, resulting in a capitalization level of 10.61%, which is above average.

Institution Statistics

Overall
FDIC Certificate #25093
Year Established1984
Employees131
Primary RegulatorFDIC
Assets and Liabilities
Assets$859.62 million
Loans$477.98 million
Deposits$747.21 million
Equity Capital$82.22 million
Loan Loss Allowance$9.00 million
Unbacked Noncurrent Loans$9.51 million
Real Estate Owned$0
Historic Data - December 2012
Assets$780.33 million
Equity Capital$75.06 million
Loan Loss Allowance$8.53 million
Unbacked Noncurrent Loans$9.51 million
Real Estate Owned$395,000
Profit Margin - Quarterly
Net Interest Margin2.58%
Return on Assets0.9%
Return on Equity9.11%
Interest Income$24.54 million
Rates

Always verify rates and promotions with the bank or credit union. We are not HAB Bank, we are a rate comparison website and can not provide official rates or promotions.

HAB Bank Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.50%$500-Statement Savings - NY & NJ
0.50%$500-Statement Savings - California

HAB Bank Money Market Rates

DetailsAPYMINMAXPRODUCT
0.65%$1,500-Money Market - California
0.50%$1,500-Money Market - NY & NJ

HAB Bank Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.50%--Now Accounts - California

HAB Bank CD Rates

DetailsAPYMINMAXPRODUCT
1.15%$1,500-12 Month CD - California
1.10%$1,500-12 Month CD - Manhattan
1.10%$1,500-12 Month CD - Queens & NJ & Hicksville
1.00%$1,500-2 Year CD - Manhattan
1.00%$1,500-3 Year CD - Manhattan
1.00%$1,500-2 Year CD - Queens & NJ & Hicksville
1.00%$1,500-3 Year CD - Queens & NJ & Hicksville
1.00%$1,500-4 Year CD - Manhattan
1.00%$1,500-4 Year CD - Queens & NJ & Hicksville
1.00%$1,500-2 Year CD - California
1.00%$1,500-3 Year CD - California
1.00%$1,500-4 Year CD - California
0.75%$1,500-18 Month CD - California
0.63%$1,500-18 Month CD - Manhattan
0.63%$1,500-18 Month CD - Queens & NJ & Hicksville
0.55%$1,500-6 Month CD - California
0.38%$1,500-6 Month CD - Manhattan
0.38%$1,500-6 Month CD - Queens & NJ & Hicksville
0.25%$1,500-3 Month CD - Manhattan
0.25%$1,500-3 Month CD - Queens & NJ & Hicksville
0.20%$1,500-3 Month CD - California
0.10%$1,500-1 Month CD - Manhattan
0.10%$1,500-1 Month CD - Queens & NJ & Hicksville
0.10%$1,500-1 Month CD - California

HAB Bank IRA Rates

DetailsAPYMINMAXPRODUCT
1.00%$1,500-2 Year IRA - Manhattan
1.00%$1,500-2 Year IRA - Queens & NJ & Hicksville
1.00%$1,500-3 Year IRA - Manhattan
1.00%$1,500-3 Year IRA - Queens & NJ & Hicksville
1.00%$1,500-4 Year IRA - Manhattan
1.00%$1,500-4 Year IRA - Queens & NJ & Hicksville
1.00%$1,500-2 Year IRA - California
1.00%$1,500-3 Year IRA - California
1.00%$1,500-4 Year IRA - California
0.75%$1,500-12 Month IRA - California
0.75%$1,500-18 Month IRA - California
0.63%$1,500-18 Month IRA - Manhattan
0.63%$1,500-18 Month IRA - Queens & NJ & Hicksville
0.55%$1,500-6 Month IRA - California
0.50%$1,500-12 Month IRA - Manhattan
0.50%$1,500-12 Month IRA - Queens & NJ & Hicksville
0.38%$1,500-6 Month IRA - Manhattan
0.38%$1,500-6 Month IRA - Queens & NJ & Hicksville
0.25%$1,500-3 Month IRA - Manhattan
0.25%$1,500-3 Month IRA - Queens & NJ & Hicksville
0.20%$1,500-3 Month IRA - California
0.10%$1,500-1 Month IRA - Manhattan
0.10%$1,500-1 Month IRA - Queens & NJ & Hicksville
0.10%$1,500-1 Month IRA - California
Locations


HAB Bank Locations
Los Angeles Branch110 East Ninth Street, Al-10Los Angeles, CA 90079
Richmond Hill112-17/19 Liberty AvenueSouth Richmond Hill, NY 11419
Iselin Branch1585 Oak Tree RoadIselin, NJ 8830
Artesia Branch18357 Pioneer BoulevardArtesia, CA 90701
Hicksville Branch421 South BroadwayHicksville, NY 11801
Jackson Heights Branch74-05/07 37th AvenueJackson Heights, NY 11372
Habib American Bank99 Madison AvenueNew York, NY 10016