Overview / Commentary
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!
Health
B+
Data as of Q2 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 57129 |
| Year Established | 2001 |
| Employees | 76 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.64% |
| Return on Equity - YTD | 12.21% |
| Annual Interest Income | $5.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2021vs Q2 2020 | $730.4MM$328.3MM |
| Loans | Q2 2021vs Q2 2020 | $483.4MM$236.9MM |
| Deposits | Q2 2021vs Q2 2020 | $291.8MM$192.7MM |
| Equity Capital | Q2 2021vs Q2 2020 | $33.4MM$19.8MM |
| Loan Loss Allowance | Q2 2021vs Q2 2020 | $1.3MM$1.2MM |
| Unbacked Noncurrent Loans | Q2 2021vs Q2 2020 | $1.9MM$13.5MM |
| Real Estate Owned | Q2 2021vs Q2 2020 | $0$0 |