Metropolitan National Bank

99 Park Avenue, 4th Floor
New York, NY 10016
212-659-0600
www.metropolitanbankny.com

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Metropolitan National Bank is headquartered in New York and is the 71^st largest bank in the state of New York. It is also the 1,095^th largest bank in the nation. It was established in 1999 and as of September of 2011, it had grown to 130 employees at 6 locations. Metropolitan National Bank has a 4-star health rating.

Metropolitan National Bank Routing Number: 082908777

2.00% Money Market Account Promotion with Rate Guaranteed to 12/31/10 at Metropolitan National Bank in NYC - Local Only - 4/2/2010

Metropolitan National Bank is offering a special money market promotion with a 2.00% APY guaranteed to last to 12/31/2010. Minimum balance required to earn this APY is $2,500. This special is not lis ...

$200 Checking Account Bonus Continues at Metropolitan National Bank - Nationally Available - 1/22/2009

Update 2/19/09: It has been reported that this promotion has ended.Metropolitan National Bank continues to offer a $200 bonus for opening its free checking account and activating direct deposit. The $200 bonus is listed on the home page and in the Free...

3.50% 3 to 12-Month CDs and $200 Checking Bonus at Metropolitan National Bank - 5/26/2008

Metropolitan National Bank is offering a 3.50% APY CD for terms of 3 months, 5 months, 6 months and 12 months. The minimum deposit is $2,500. There's an online application that allows funding by ACH transfer. According to the application's FAQ, any valid...

$200 Checking Account Bonus at a New York City Bank (Metropolitan National Bank) - 9/9/2007

Metropolitan National Bank is offering a $200 bonus for opening its free checking account and activating direct deposit of recurring payroll, government benefits or retirement account disbursements. The $200 bonus will be credited to the account after...

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

Metropolitan National Bank Checking Account Rates

Apy	Min	Max	Product
0.25%	$10k	-	Business Now Account
0.25%	$1k	-	Consumer Now Account

Metropolitan National Bank Savings Account Rates

Apy	Min	Max	Product
0.55%	$75k	-	Personal Savings
0.55%	$75k	-	Business Savings
0.30%	$2,500	-	Attorney Escrow

Metropolitan National Bank Money Market Rates

Apy	Min	Max	Product
0.75%	$100k	-	Business Money Market
0.75%	$100k	-	Personal Money Market

Metropolitan National Bank CD Rates

Apy	Min	Max	Product
1.65%	$1k	-	60 Month CD
1.65%	$1k	-	Business 60 Month CD
1.25%	$1k	-	48 Month CD
1.25%	$1k	-	Business 48 Month CD
1.15%	$1k	-	36 Month CD
1.15%	$1k	-	Business 36 Month CD
0.85%	$1k	-	24 Month CD
0.85%	$1k	-	Business 24 Month CD
0.80%	$1k	-	18 Month CD
0.80%	$1k	-	Business 18 Month CD
0.70%	$1k	-	12 Month CD
0.70%	$1k	-	Business 12 Month CD
0.50%	$1k	-	6 Month CD
0.50%	$1k	-	Business 6 Month CD
0.25%	$1k	-	5 Month CD
0.25%	$1k	-	Business 5 Month CD
0.20%	$1k	-	3 Month CD
0.20%	$1k	-	Business 3 Month CD

Metropolitan National Bank IRA Rates

Apy	Min	Max	Product
1.65%	$1k	-	5 Year IRA
1.15%	$1k	-	3 Year IRA
0.85%	$1k	-	2 Year IRA
0.70%	$1k	-	1 Year IRA

Rates updated: 2/11/2012

Data for Q3 2011

Institution Statistics

Metropolitan National Bank
FDIC Certificate #	34699
BankRate Report	View
Year Established	1999
Employees	130
Primary Regulator	OCC
Assets and Liabilities
Assets	$606.38 million
Loans	$419.66 million
Deposits	$467.78 million
Equity Capital	$73.78 million
Loan Loss Allowance	$8.76 million
Unbacked Noncurrent Loans	$15.36 million
Historic Data - September 2010
Assets	$600.35 million
Equity Capital	$70.81 million
Loan Loss Allowance	$9.01 million
Unbacked Noncurrent Loans	$18.55 million
Profit Margin - Quarterly
Net Interest Margin	4.09%
Return on Assets	0.5%
Return on Equity	4.11%
Interest Income	$22.20 million

Institution Health

Overall Score:

4 out of 5

Texas Ratio
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 September 30, 2011 Metropolitan National Bank had $15.36 million in non-current loans and owned real-estate with $82.55 million in equity and loan loss allowances on hand to cover it. This gives Metropolitan National Bank a Texas Ratio of 18.60% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Metropolitan National Bank decreased slightly from 23.23% as of September 30, 2010 to 18.60% as of September 30, 2011, resulting in a positive change of 19.92%.This indicates that the balance sheet and financial strength for Metropolitan National Bank has improved slightly in recent periods.
Deposit Growth
In the past year, Metropolitan National Bank has increased its total deposits by $1.54 million, resulting in 0.33% 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 Metropolitan National Bank has shown is average.
Capitalization
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. Metropolitan National Bank has $606.38 million in assets with $82.55 million in equity, resulting in a capitalization level of 13.61%, which is excellent.