Apple Bank for Savings is headquartered in Manhasset and is the 9th largest bank in the state of New York. It is also the 104th largest bank in the nation. It was established in 1863 and as of December of 2019, it had grown to 1,148 employees at 80 locations. Apple Bank for Savings has an A health rating.
Apple is again working on their platform. Over a year ago, they installed anew system that prevented links between business and personal accounts. It took me three months to get access straightened out. I has given wrong info on line, at the bank and with telephone customer service. Currently, i cannot access my personal accounts on line at all. So far it has been three days without online access. Customer service can only say that they are working on it.
Obviously whoever is responsible for this latest online snafu, is incompetent.
|FDIC Certificate #||16068|
|Return on Assets - YTD||0.75%|
|Return on Equity - YTD||8.77%|
|Annual Interest Income||$529.1MM|
|Assets and Liabilities|
|Assets||Q4 2019vs Q4 2018||$15.81B$14.31B|
|Loans||Q4 2019vs Q4 2018||$10.06B$10.45B|
|Deposits||Q4 2019vs Q4 2018||$13.47B$12.46B|
|Equity Capital||Q4 2019vs Q4 2018||$1.32B$1.20B|
|Loan Loss Allowance||Q4 2019vs Q4 2018||$33.2MM$36.7MM|
|Unbacked Noncurrent Loans||Q4 2019vs Q4 2018||$1.1MM$694.00K|
|Real Estate Owned||Q4 2019vs Q4 2018||$58.00K$0|
Rates for Apple Bank for Savings are currently being reviewed.