Apple Bank for Savings is headquartered in New York and is the 8th largest bank in the state of New York. It is also the 116th largest bank in the nation. It was established in 1863 and as of June of 2022, it had grown to 1,331 employees at 83 locations. Apple Bank for Savings has a B+ 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.
Im banking there for 20 years.
all i can say is don't do that mistake i did.
Bad customer service and they are not loyal to their costumers, all they need is your money, i just tried to deposit a check that had a spelling mistake on my first name and they reject the deposit after a 20 year history of checking with them in good behavior, I explained them that te get a new check will take another few days meaning that i will be overdraft and charged by apple, I spoke to the wall (all they want is to bounce your check and charge you)
|FDIC Certificate #||16068|
|Return on Assets - YTD||0.45%|
|Return on Equity - YTD||5.46%|
|Annual Interest Income||$191.8MM|
|Assets and Liabilities|
|Assets||Q2 2022vs Q2 2021||$16.39B$16.04B|
|Loans||Q2 2022vs Q2 2021||$10.93B$10.45B|
|Deposits||Q2 2022vs Q2 2021||$14.33B$14.40B|
|Equity Capital||Q2 2022vs Q2 2021||$1.28B$1.40B|
|Loan Loss Allowance||Q2 2022vs Q2 2021||$51.6MM$59.5MM|
|Unbacked Noncurrent Loans||Q2 2022vs Q2 2021||$61.4MM$78.0MM|
|Real Estate Owned||Q2 2022vs Q2 2021||$180.00K$58.00K|
Rates for Apple Bank for Savings are currently being reviewed.