Overview / Commentary
146-01 Northern Boulevard
Flushing, NY 11354

NewBank is headquartered in FLUSHING and is the 67th largest bank in the state of New York. It is also the 1,418th largest bank in the nation. It was established in 2006 and as of March of 2024, it had grown to 54 employees at 6 locations. NewBank has an A health rating.


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Health Grade Components

FDIC Certificate #58203
Year Established2006
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.29%
Return on Equity - YTD11.25%
Annual Interest Income$12.3MM
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$659.8MM$628.2MM
LoansQ1 2024vs Q1 2023$378.8MM$328.4MM
DepositsQ1 2024vs Q1 2023$567.3MM$547MM
Equity CapitalQ1 2024vs Q1 2023$75.4MM$66.8MM
Loan Loss AllowanceQ1 2024vs Q1 2023$3.9MM$3MM
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$7.9MM$440K
Real Estate OwnedQ1 2024vs Q1 2023$0$0

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NewBank Locations
Newbank14601 Northern BlvdFlushing, NY 11354
1475 Bergen Blvd Plaza West Branch1475 Bergen BlvdFort Lee, NJ 07024
Closter Branch189 Homans AvenueCloster, NJ 07624
25 West 32nd Street Branch25 West 32nd StreetNew York, NY 10001
Fort Lee Branch475 Park AvenueFort Lee, NJ 07024
Bayside Branch Office45-68 Frances Lewis Blvd.Bayside, NY 11361

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