Modern Bank, National Association is headquartered in New York and is the 63rd largest bank in the state of New York. It is also the 1,275th largest bank in the nation. It was established in 1977 and as of June of 2022, it had grown to 50 employees at 1 location. Modern Bank, National Association's money market rates are 8X the national average, and it has a B health rating.
As mentioned in another post, you fill up application and the message comes "They will contact you". This never happens!!!!
Fill up application and They will NEVER contact you.....
Overall | |
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FDIC Certificate # | 22398 |
Year Established | 1977 |
Employees | 50 |
Primary Regulator | OCC |
Profit Margin | |
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Return on Assets - YTD | 0.83% |
Return on Equity - YTD | 7.38% |
Annual Interest Income | $15.0MM |
Assets and Liabilities | ||
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Assets | Q2 2022vs Q2 2021 | $733.7MM$807.0MM |
Loans | Q2 2022vs Q2 2021 | $576.6MM$653.4MM |
Deposits | Q2 2022vs Q2 2021 | $547.6MM$576.2MM |
Equity Capital | Q2 2022vs Q2 2021 | $85.6MM$86.2MM |
Loan Loss Allowance | Q2 2022vs Q2 2021 | $8.5MM$8.9MM |
Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $13.2MM$4.2MM |
Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Modern Bank, National Association; we are a rate comparison website and cannot provide official rates or promotions.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
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3.60% | $100k | - | High Yield Money Market Accounts | |
3.10% | $1k | - | Premier Money Market Accounts |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
5.00% | $1k | - | 12 Month CD | |
4.75% | $1k | - | 18 Month CD | |
4.50% | $1k | - | 24 Month CD | |
4.00% | $1k | - | 3 Month CD | |
4.00% | $1k | - | 6 Month CD | |
4.00% | $1k | - | 9 Month CD |
Modern Bank, National Association Locations | ||
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Modern Bank, National Association | 410 Park Ave | New York, NY 10022 |