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Abacus Federal Savings Bank

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CURRENT TOP RATE

5 Year Jumbo CD

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 96^th largest bank in the state of New York. It is also the 1,977^th largest bank in the nation. It was established in 1984 and as of December of 2018, it had grown to 79 employees at 6 locations. Abacus Federal Savings Bank's savings rates are 3X the national average, and it boasts an A+ health rating.

Related Posts

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2018
2012

1/30 - Jumbo CD Specials

5/31 - Abacus Federal Savings Bank Indicted For Mortgage Fraud

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Health

A+

Data as of Q4 2018

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Health Grade Components

Overall
FDIC Certificate #	32257
Year Established	1984
Employees	79
Primary Regulator	OCC

Profit Margin
Return on Assets - YTD	0.54%
Return on Equity - YTD	3.99%
Annual Interest Income	$13.0MM

Assets and Liabilities
Assets	Q4 2018vs Q4 2017	$339.7MM$303.3MM
Loans	Q4 2018vs Q4 2017	$283.9MM$256.1MM
Deposits	Q4 2018vs Q4 2017	$293.1MM$258.5MM
Equity Capital	Q4 2018vs Q4 2017	$44.9MM$43.2MM
Loan Loss Allowance	Q4 2018vs Q4 2017	$2.9MM$2.6MM
Unbacked Noncurrent Loans	Q4 2018vs Q4 2017	$281.00K$280.00K
Real Estate Owned	Q4 2018vs Q4 2017	$0$0

Rates

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Abacus Federal Savings Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.80%^*	$100k^*	-	Spring Savings Account Celebration Promotion
OTHER TIERS: 1.15% → $10k - $25k \| 1.35% → $25k - $50k \| 1.55% → $50k - $100k
1.05%^*	$100k^*	-	Regular Savings Account
OTHER TIERS: 0.05% → $500 - $2.5k \| 0.20% → $2.5k - $5k \| 0.45% → $5k - $10k \| 0.65% → $10k - $25k \| 0.75% → $25k - $50k \| 0.95% → $50k - $100k

Abacus Federal Savings Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
3.05%	$50k	-	5 Year Jumbo CD
2.95%	$50k	-	4 Year Jumbo CD
2.85%	$50k	-	3 Year Jumbo CD
2.80%	$1k	-	5 Year CD
2.70%	$1k	-	4 Year CD
2.60%	$1k	-	3 Year CD
2.60%	$50k	-	15 Month Spring Jumbo CD Promotion -(New Money)
2.50%	$10k	-	15 Month Spring CD Promotion -(New Money)
2.40%	$50k	-	2 Year Jumbo CD
2.15%	$1k	-	2 Year CD
2.10%	$50k	-	1 Year Jumbo CD
2.00%	$1k	-	1 Year CD
0.80%	$1k	-	9 Month CD
0.70%	$1k	-	182 Day CD
0.50%	$1k	-	91 Day CD

Abacus Federal Savings Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
3.05%	$50k	-	5 Year Jumbo IRA CD
2.95%	$50k	-	4 Year Jumbo IRA CD
2.85%	$50k	-	3 Year Jumbo IRA CD
2.80%	$1k	-	5 Year IRA CD
2.70%	$1k	-	4 Year IRA CD
2.60%	$1k	-	3 Year IRA CD
2.40%	$50k	-	2 Year Jumbo IRA CD
2.15%	$1k	-	2 Year IRA CD
2.10%	$50k	-	1 Year Jumbo IRA CD
2.00%	$1k	-	1 Year IRA CD

Locations

Abacus Federal Savings Bank Locations
Edison Branch	869 U.S. Route 1 South	Edison, NJ 08817
Flushing Branch	36-30 Main Street	Flushing, NY 11354
Brooklyn Branch	5518 8th Ave	New York City, NY 11220
Abacus Federal Savings Bank	6 Bowery	New York, NY 10013
World Trade Center Branch	116 Nassau Street	New York, NY 10038
Philadelphia Branch	147-151 North 10th Street	Philadelphia, PA 19107

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