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6 Bowery
New York, NY 10013

Abacus Federal Savings Bank is headquartered in New York and is the 107th largest bank in the state of New York. It is also the 2,571st largest bank in the nation. It was established in 1984 and as of June of 2016, it had grown to 92 employees at 6 locations. Abacus Federal Savings Bank's CD rates are 17% higher than the national average, and it boasts an A+ health rating.

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Health Grade Components

FDIC Certificate #32257
Year Established1984
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.16%
Return on Equity - YTD0.92%
Annual Interest Income$4.1MM
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$246.1MM$224.7MM
LoansQ2 2016vs Q2 2015$186.5MM$137.7MM
DepositsQ2 2016vs Q2 2015$202.7MM$190.9MM
Equity CapitalQ2 2016vs Q2 2015$42.0MM$32.4MM
Loan Loss AllowanceQ2 2016vs Q2 2015$1.9MM$1.7MM
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$670.00K$191.00K
Real Estate OwnedQ2 2016vs Q2 2015$489.00K$489.00K
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Abacus Federal Savings Bank CD Rates

1.46%$1k-5 Year CD
1.36%$1k-4 Year CD
1.30%$1k-Special 2 Year CD
1.05%$1k-Special 1 Year CD
1.00%$1k-3 Year CD
0.75%$1k-2 Year CD
0.65%$1k-1 Year CD
0.50%$1k-9 Month CD
0.40%$1k-182 Day CD
0.25%$1k-91 Day CD

Abacus Federal Savings Bank IRA Rates

1.25%$1k-1 Year IRA CD

Abacus Federal Savings Bank Locations
Edison Branch869 U.S. Route 1 SouthEdison, NJ 08817
Flushing Branch36-30 Main StreetFlushing, NY 11354
Brooklyn Branch5518 8th AveNew York City, NY 11220
Abacus Federal Savings Bank6 BoweryNew York, NY 10013
World Trade Center Branch116 Nassau StreetNew York, NY 10038
Philadelphia Branch147-151 North 10th StreetPhiladelphia, PA 19107