2. First Central Savings Bank

First Central Savings Bank


Overview / Commentary
firstcentralsavings.com
516-609-3500
70 Glen Street
Glen Cove, NY 11542

Since April 5th, 1999, First Central Savings Bank has grown from a simple concept to what they are today, a vibrant thriving community bank of which all can be proud. The Bank’s goal was and still is to fill a void in the big bank mentality, by providing good old-fashioned personal service with a smile, a throw-back to the days of hospitality and good manners that we were all raised on, something which almost does not exist anymore in banking.

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Health
C+

Data as of Q4 2018

Learn why bank health matters
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. First Central Savings Bank has a negative return on equity.

Health Grade Components

Overall
FDIC Certificate #34969
Year Established1999
Employees81
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD-1.37%
Return on Equity - YTD-14.74%
Annual Interest Income$24.3MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$584.2MM$590.6MM
LoansQ4 2018vs Q4 2017$462.6MM$465.5MM
DepositsQ4 2018vs Q4 2017$516.5MM$522.3MM
Equity CapitalQ4 2018vs Q4 2017$54.7MM$55.2MM
Loan Loss AllowanceQ4 2018vs Q4 2017$5.8MM$10.8MM
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$6.1MM$1.1MM
Real Estate OwnedQ4 2018vs Q4 2017$0$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not First Central 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.

First Central Savings Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.60%$250-First Link Accounts w/ $1,000 minimum Checking Balance
1.60%$250-Business First Link Accounts w/ $1,000 minimum Checking Balance
1.50%*$150k*-Smart Consumer Money Market
OTHER TIERS: 1.00% → $2.5k - $150k
1.50%*$150k*-Smart Business Money Market
OTHER TIERS: 1.00% → $2.5k - $1.5m
1.10%*$50k*-E-Premier Money Market (Online Only)
OTHER TIERS: 0.35% → $10k - $25k | 0.55% → $25k - $50k

First Central Savings Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.89%$500-18 Month Share Certificate Special
2.84%$500-60 Month E-Certificate of Deposit (Online Only)
2.79%$500-14 Month Share Certificate Special
2.53%$500-36 Month E-Certificate of Deposit (Online Only)
2.33%$500-30 Month E-Certificate of Deposit (Online Only)
1.15%$500-24 Month E-Certificate of Deposit (Online Only)
0.95%$500-12 Month E-Certificate of Deposit (Online Only)
Locations


First Central Savings Bank Locations
Whitestone Branch19-19 Francis Lewis BlvdWhitestone, NY 11357
Astoria Branch35-01 30th AvenueAstoria, NY 11103
Ditmars Branch37-28 Ditmars BoulevardAstoria, NY 11105
Bell Boulevard Branch42-12 Bell BoulevardBayside, NY 11361
Ridgewood Branch58-02 Myrtle AvenueRidgewood, NY 11385
First Central Savings Bank70 Glen StreetGlen Cove, NY 11542
Forest Hills Branch71-66 Austin StreetForest Hills, NY 11375
Main Street Branch72-76 Main StreetFlushing, NY 11367

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.