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NewBank


Overview / Commentary
www.newbankusa.com
718-353-8100
146-01 Northern Boulevard
Flushing, NY 11354

NewBank is headquartered in Flushing and is the 79th largest bank in the state of New York. It is also the 1,599th largest bank in the nation. It was established in 2006 and as of June of 2021, it had grown to 52 employees at 6 locations. NewBank has an A+ health rating.

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Health
A+

Data as of Q2 2021

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #58203
Year Established2006
Employees52
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD2.09%
Return on Equity - YTD19.65%
Annual Interest Income$8.2MM
Assets and Liabilities
AssetsQ2 2021vs Q2 2020$553.3MM$482.0MM
LoansQ2 2021vs Q2 2020$312.6MM$269.0MM
DepositsQ2 2021vs Q2 2020$484.1MM$419.3MM
Equity CapitalQ2 2021vs Q2 2020$56.1MM$51.1MM
Loan Loss AllowanceQ2 2021vs Q2 2020$4.4MM$3.3MM
Unbacked Noncurrent LoansQ2 2021vs Q2 2020$295.00K$302.00K
Real Estate OwnedQ2 2021vs Q2 2020$0$0
Rates

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Locations


NewBank Locations
Newbank146-01 Northern BoulevardFlushing, 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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