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

NewBank is headquartered in FLUSHING and is the 68th largest bank in the state of New York. It is also the 1,428th largest bank in the nation. It was established in 2006 and as of December of 2023, it had grown to 53 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 - YTD1.67%
Return on Equity - YTD14.95%
Annual Interest Income$46MM
Assets and Liabilities
AssetsQ4 2023vs Q4 2022$649.3MM$587.7MM
LoansQ4 2023vs Q4 2022$374.1MM$327.1MM
DepositsQ4 2023vs Q4 2022$556.2MM$511.3MM
Equity CapitalQ4 2023vs Q4 2022$74.1MM$66.1MM
Loan Loss AllowanceQ4 2023vs Q4 2022$3.3MM$3.2MM
Unbacked Noncurrent LoansQ4 2023vs Q4 2022$1.2MM$440K
Real Estate OwnedQ4 2023vs Q4 2022$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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