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

NewBank is headquartered in Flushing and is the 93rd largest bank in the state of New York. It is also the 2,054th largest bank in the nation. It was established in 2006 and as of June of 2017, it had grown to 42 employees at 4 locations. NewBank has an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #58203
Year Established2006
Employees42
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD2.15%
Return on Equity - YTD16.8%
Annual Interest Income$6.8MM
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$326.2MM$286.5MM
LoansQ2 2017vs Q2 2016$209.0MM$183.5MM
DepositsQ2 2017vs Q2 2016$274.7MM$240.6MM
Equity CapitalQ2 2017vs Q2 2016$41.0MM$35.9MM
Loan Loss AllowanceQ2 2017vs Q2 2016$2.1MM$2.1MM
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$1.7MM$2.3MM
Real Estate OwnedQ2 2017vs Q2 2016$0$0
Rates

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Locations


NewBank Locations
1475 Bergen Blvd Plaza West Branch1475 Bergen BlvdFort Lee, NJ 07024
Closter Branch189 Homans AvenueCloster, NJ 07624
Fort Lee Branch475 Park AvenueFort Lee, NJ 07024
Newbank146-01 Northern BoulevardFlushing, NY 11354
25 West 32nd Street Branch25 West 32nd StreetNew York, NY 10001