Community Federal Savings Bank

Popular Accounts at this Bank

APY	ACCOUNT TYPE	HOW THEY COMPARE
2.60%	5-year CD	3.00% - American Express National Bank 60 Month CD
1.75%	1-year CD	2.55% - Goldman Sachs Bank USA High-yield 12 Month CD
0.30%	Savings	1.90% - American Express National Bank High Yield Savings Account

View all Community Federal Savings Bank rates »

Overview / Commentary

www.cfsb.com

212-897-9650

810 Seventh Avenue, Suite 1115
New York, NY 10019

Community Federal Savings Bank opened its doors in Woodhaven, NY on July 17, 2001 with the intent of bringing old-fashioned, friendly service to the community. They expanded their community in 2003 with a new branch in Queens Village, NY. And now they're reaching even further with online banking!

Their bank provides a full range of products and services to meet the depository and credit needs of individuals and businesses. With an emphasis on friendly and knowledgeable service, they strive to make each depositor and borrower a part of their COMMUNITY!

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Health

A

Data as of Q2 2018

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Health Grade Components

Overall
FDIC Certificate #	57129
Year Established	2001
Employees	44
Primary Regulator	OCC

Profit Margin
Return on Assets - YTD	-0.81%
Return on Equity - YTD	-8.4%
Annual Interest Income	$2.8MM

Assets and Liabilities
Assets	Q2 2018vs Q2 2017	$159.6MM$138.5MM
Loans	Q2 2018vs Q2 2017	$101.3MM$87.1MM
Deposits	Q2 2018vs Q2 2017	$144.3MM$123.3MM
Equity Capital	Q2 2018vs Q2 2017	$14.4MM$13.8MM
Loan Loss Allowance	Q2 2018vs Q2 2017	$782.00K$762.00K
Unbacked Noncurrent Loans	Q2 2018vs Q2 2017	$0$0
Real Estate Owned	Q2 2018vs Q2 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.

Community Federal Savings Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.30%	$5	-	Kid’s Savings
0.30%	$200	-	Statement Savings

Community Federal Savings Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.85%^*	$100k^*	-	Business Money Market
OTHER TIERS: 0.30% → $2.5k - $50k \| 0.50% → $50k - $100k
0.55%^*	$100k^*	-	Personal Money Market
OTHER TIERS: 0.30% → Up to $50k \| 0.40% → $50k - $100k

Community Federal Savings Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.50%	$1	-	Senior Checking
0.15%	-	-	Interest Checking

Community Federal Savings Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.60%	$500	-	60 Month CD
2.50%	$500	-	48 Month CD
2.25%	$500	-	36 Month CD
2.20%	$500	-	24 Month CD
1.80%	$500	-	18 Month CD
1.75%	$500	-	12 Month CD
0.75%	$500	-	6 Month CD
0.35%	$500	-	3 Month CD

Community Federal Savings Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.60%	$500	-	60 Month IRA
2.50%	$500	-	48 Month IRA
2.25%	$500	-	36 Month IRA
2.20%	$500	-	24 Month IRA
1.80%	$500	-	18 Month IRA
1.75%	$500	-	12 Month IRA
0.75%	$500	-	6 Month IRA
0.35%	$500	-	3 Month IRA

Locations

Community Federal Savings Bank Locations
Community Federal Savings Bank	89-07 Jamaica Avenue	Woodhaven, NY 11421

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