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  2. Community Federal Savings Bank

Community Federal Savings Bank


Overview / Commentary
www.cfsb.com
212-897-9650
89-16 Jamaica Avenue Woodhaven
New York, NY 11421

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
B+

Data as of Q1 2021

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #57129
Year Established2001
Employees74
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.29%
Return on Equity - YTD5.1%
Annual Interest Income$1.9MM
Assets and Liabilities
AssetsQ1 2021vs Q1 2020$563.3MM$186.3MM
LoansQ1 2021vs Q1 2020$372.9MM$127.8MM
DepositsQ1 2021vs Q1 2020$263.8MM$166.3MM
Equity CapitalQ1 2021vs Q1 2020$28.7MM$18.7MM
Loan Loss AllowanceQ1 2021vs Q1 2020$1.1MM$1.1MM
Unbacked Noncurrent LoansQ1 2021vs Q1 2020$2.7MM$2.7MM
Real Estate OwnedQ1 2021vs Q1 2020$0$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not Community Federal Savings Bank; we are a rate comparison website and cannot provide official rates or promotions.

* 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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%--Kid’s Savings
0.30%--Statement Savings

Community Federal Savings Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%*$25k*-Personal Money Market
OTHER TIERS: 0.05% → Up to $2.5k | 0.10% → $2.5k - $10k | 0.15% → $10k - $25k
0.20%*$25k*-Business Money Market
OTHER TIERS: 0.05% → Up to $2.5k | 0.10% → $2.5k - $10k | 0.15% → $10k - $25k

Community Federal Savings Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%--Senior Checking
0.15%--Interest Checking

Community Federal Savings Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.55%$500-60 Month CD
0.48%$500-48 Month CD
0.40%$500-36 Month CD
0.35%$500-18 Month CD
0.35%$500-24 Month CD
0.30%$500-12 Month CD
0.20%$500-6 Month CD
0.15%$500-3 Month CD

Community Federal Savings Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.55%$500-60 Month IRA
0.48%$500-48 Month IRA
0.40%$500-36 Month IRA
0.35%$500-18 Month IRA
0.35%$500-24 Month IRA
0.30%$500-12 Month IRA
0.20%$500-6 Month IRA
0.15%$500-3 Month IRA
Locations


Community Federal Savings Bank Locations
Community Federal Savings Bank89-16 Jamaica AvenueWoodhaven, NY 11421

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