Community Federal Savings Bank

Overview / Commentary
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 Grade Components

FDIC Certificate #57129
Year Established2001
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.64%
Return on Equity - YTD7.19%
Annual Interest Income$7.5MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$219.4MM$159.5MM
LoansQ4 2019vs Q4 2018$126.6MM$110.6MM
DepositsQ4 2019vs Q4 2018$200.4MM$143.4MM
Equity CapitalQ4 2019vs Q4 2018$18.0MM$15.0MM
Loan Loss AllowanceQ4 2019vs Q4 2018$986.00K$849.00K
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$1.9MM$0
Real Estate OwnedQ4 2019vs Q4 2018$0$0
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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

0.30%--Kid’s Savings
0.30%--Statement Savings

Community Federal Savings Bank Money Market Rates

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

0.50%--Senior Checking
0.15%--Interest Checking

Community Federal Savings Bank CD Rates

1.60%$500-60 Month CD
1.50%$500-36 Month CD
1.50%$500-48 Month CD
1.45%$500-24 Month CD
1.40%$500-18 Month CD
1.35%$500-12 Month CD
0.75%$500-6 Month CD
0.35%$500-3 Month CD

Community Federal Savings Bank IRA Rates

1.60%$500-60 Month IRA
1.50%$500-36 Month IRA
1.50%$500-48 Month IRA
1.45%$500-24 Month IRA
1.40%$500-18 Month IRA
1.35%$500-12 Month IRA
0.75%$500-6 Month IRA
0.35%$500-3 Month IRA

Community Federal Savings Bank Locations
Community Federal Savings Bank89-07 Jamaica AvenueWoodhaven, NY 11421

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