Abacus Federal Savings Bank

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LOCATIONS

TODAY'S FEATURED RATES

Member FDIC

4.54%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms Apply. Member FDIC

Member FDIC

4.10%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.

Member FDIC

3.70%

Our Rating

4.3 / 5

American Express®

High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

up to $300

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.abacusbank.com

212-285-4770

6 Bowery
New York, NY 10013

Abacus Federal Savings Bank is headquartered in NEW YORK and is the 87^th largest bank in the state of New York. It is also the 2,406^th largest bank in the nation. It was established in 1984 and as of December of 2024, it had grown to 73 employees at 5 locations. Abacus Federal Savings Bank has an A health rating.

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Health

Data as of Q4 2024

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Health Grade Components

Overall
FDIC Certificate #	32257
Year Established	1984
Employees	73
Primary Regulator	OCC

Profit Margin
Return on Assets - YTD	0.63%
Return on Equity - YTD	3.75%
Annual Interest Income	$17.9MM

Assets and Liabilities
Assets	Q4 2024vs Q4 2023	$319.7MM$322.4MM
Loans	Q4 2024vs Q4 2023	$255.6MM$252MM
Deposits	Q4 2024vs Q4 2023	$258MM$265.9MM
Equity Capital	Q4 2024vs Q4 2023	$55.6MM$53.5MM
Loan Loss Allowance	Q4 2024vs Q4 2023	$3MM$3MM
Unbacked Noncurrent Loans	Q4 2024vs Q4 2023	$1.8MM$1.6MM
Real Estate Owned	Q4 2024vs Q4 2023	$192K$0

TODAY'S FEATURED RATES

Member FDIC

4.54%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

4.10%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.

Member FDIC

3.70%

Our Rating

4.3 / 5

American Express®

High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

up to $300

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

Sorry, we do not have rate data for Abacus Federal Savings Bank.

Locations

Abacus Federal Savings Bank Locations
Philadelphia Branch	147-151 North 10th Street	Philadelphia, PA 19107
Flushing Branch	36-30 Main Street	Flushing, NY 11354
Brooklyn Branch	4824 8th Ave	Brooklyn, NY 11220
Abacus Federal Savings Bank	6 Bowery	New York, NY 10013
Edison Branch	869 U.S. Route 1 South	Edison, NJ 08817
World Trade Center Branch	116 Nassau Street	New York, NY 10038

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