Investors Bank is headquartered in Short Hills and is the 2nd largest bank in the state of New Jersey. It is also the 72nd largest bank in the nation. It was established in 1926 and as of December of 2018, it had grown to 1,928 employees at 152 locations. Investors Bank has a B+ health rating.
The ACH limits for this account is a maximum of $10,000 per MONTH. Do not be fooled by the "$250,000 incoming ACH lmit". The keyword is INCOMING.
Once they have your money you will never be able to exit the bank given their limits. It is a scam bank.
|FDIC Certificate #||28892|
|Return on Assets - YTD||0.79%|
|Return on Equity - YTD||7.24%|
|Annual Interest Income||$969.9MM|
|Assets and Liabilities|
|Assets||Q4 2018vs Q4 2017||$26.27B$25.14B|
|Loans||Q4 2018vs Q4 2017||$21.39B$19.87B|
|Deposits||Q4 2018vs Q4 2017||$17.86B$17.67B|
|Equity Capital||Q4 2018vs Q4 2017||$2.74B$2.80B|
|Loan Loss Allowance||Q4 2018vs Q4 2017||$235.8MM$231.0MM|
|Unbacked Noncurrent Loans||Q4 2018vs Q4 2017||$125.3MM$136.1MM|
|Real Estate Owned||Q4 2018vs Q4 2017||$6.9MM$5.8MM|
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Rates for Investors Bank are currently being reviewed.