NewBank


Overview / Commentary
718-353-8100
146-01 Northern Boulevard
Flushing, NY 11354

NewBank is headquartered in Flushing and is the 82nd largest bank in the state of New York. It is also the 1,710th largest bank in the nation. It was established in 2006 and as of December of 2020, it had grown to 49 employees at 6 locations. NewBank has an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #58203
Year Established2006
Employees49
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.66%
Return on Equity - YTD6.04%
Annual Interest Income$16.1MM
Assets and Liabilities
AssetsQ4 2020vs Q4 2019$481.6MM$451.4MM
LoansQ4 2020vs Q4 2019$299.6MM$241.2MM
DepositsQ4 2020vs Q4 2019$418.3MM$389.3MM
Equity CapitalQ4 2020vs Q4 2019$51.7MM$49.8MM
Loan Loss AllowanceQ4 2020vs Q4 2019$3.8MM$3.8MM
Unbacked Noncurrent LoansQ4 2020vs Q4 2019$296.00K$566.00K
Real Estate OwnedQ4 2020vs Q4 2019$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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