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Overview / Commentary
410-345-2000
499 Park Avenue
New York, NY 10022

M.Y. Safra Bank, FSB is headquartered in New York and is the 121st largest bank in the state of New York. It is also the 3,218st largest bank in the nation. It was established in 2000 and as of March of 2014, it had grown to 15 employees at 1 location. M.Y. Safra Bank, FSB's money market rates are 14% higher than the national average, and it has a B+ health rating.

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Health

Data for Q1 2014

Institution Health

B+

Texas Ratio

GRADE:
A+

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 M.Y. Safra Bank, FSB had $0 in non-current loans and owned real-estate with $37.77 million in equity and loan loss allowances on hand to cover it. This gives M.Y. Safra Bank, FSB 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 Growth

GRADE:
D

In the past year, M.Y. Safra Bank, FSB has decreased its total deposits by -$12.48 million, resulting in -8.35% 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 M.Y. Safra Bank, FSB has shown is below average.

Capitalization

GRADE:
A+

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. M.Y. Safra Bank, FSB has $186.45 million in assets with $37.77 million in equity, resulting in a capitalization level of 20.26%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #35154
Year Established2000
Employees15
Primary RegulatorOCC
Assets and Liabilities
Assets$186.45 million
Loans$29,000
Deposits$137.03 million
Equity Capital$37.77 million
Loan Loss Allowance$0
Real Estate Owned$0
Historic Data - March 2013
Assets$175.02 million
Equity Capital$24.03 million
Loan Loss Allowance$0
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin0.73%
Return on Assets-0.3%
Return on Equity-1.43%
Interest Income$684,000
Rates

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M.Y. Safra Bank, FSB Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.50%$50k-Personal Savings

M.Y. Safra Bank, FSB Money Market Rates

DetailsAPYMINMAXPRODUCT
0.50%$50k-Business Money Market
0.25%$100k-Personal Money Market

M.Y. Safra Bank, FSB Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.25%$100k-Personal Interest Checking

M.Y. Safra Bank, FSB CD Rates

DetailsAPYMINMAXPRODUCT
1.71%$100k-60 Month Jumbo CD
1.66%$1k-60 Month Classic CD
1.46%$100k-48 Month Jumbo CD
1.41%$1k-48 Month Classic CD
1.12%$100k-36 Month Jumbo CD
0.95%$1k-36 Month Classic CD
0.70%$100k-18 - 23 Month Jumbo CD
0.70%$100k-24 Month Jumbo CD
0.65%$1k-18 - 23 Month Classic CD
0.65%$1k-24 Month Classic CD
0.60%$100k-12 Month Jumbo CD
0.55%$1k-12 Month Classic CD
0.32%$100k-6 Month Jumbo CD
0.27%$1k-6 Month Classic CD
0.25%$100k-90 Day Jumbo CD
0.20%$1k-90 Day Classic CD
0.15%$100k-30 Day Jumbo CD
0.10%$1k-30 Day Classic CD

M.Y. Safra Bank, FSB IRA Rates

DetailsAPYMINMAXPRODUCT
1.71%$100k-60 Month Jumbo IRA
1.66%$1k-60 Month Classic IRA
1.46%$100k-48 Month Jumbo IRA
1.41%$1k-48 Month Classic IRA
1.12%$100k-36 Month Jumbo IRA
0.95%$1k-36 Month Classic IRA
0.70%$100k-18 - 23 Month Jumbo IRA
0.70%$100k-24 Month Jumbo IRA
0.65%$1k-18 - 23 Month Classic IRA
0.65%$1k-24 Month Classic IRA
0.60%$100k-12 Month Jumbo IRA
0.55%$1k-12 Month Classic IRA
0.32%$100k-6 Month Jumbo IRA
0.27%$1k-6 Month Classic IRA
Locations


M.Y. Safra Bank, FSB Locations
T. Rowe Price Savings Bank100 East Pratt StreetBaltimore, MD 21202