NorthEast Community Bank is headquartered in White Plains and is the 51st largest bank in the state of New York. It is also the 863rd largest bank in the nation. It was established in 1934 and as of June of 2022, it had grown to 135 employees at 12 locations. NorthEast Community Bank has an A+ health rating.
Great rate for One Year CD 2.87% APY as of May 4, 2019. Great customer service at the branch. However, you can't electronically wire funds in or out. However, free checking is available which your external bank's checking account can link to, making transfers possible. The bank might levy a charge.
Overall | |
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FDIC Certificate # | 29147 |
Year Established | 1934 |
Employees | 135 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.49% |
Return on Equity - YTD | 9.03% |
Annual Interest Income | $27.9MM |
Assets and Liabilities | ||
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Assets | Q2 2022vs Q2 2021 | $1.18B$1.07B |
Loans | Q2 2022vs Q2 2021 | $1.02B$819.7MM |
Deposits | Q2 2022vs Q2 2021 | $930.7MM$879.0MM |
Equity Capital | Q2 2022vs Q2 2021 | $204.0MM$149.2MM |
Loan Loss Allowance | Q2 2022vs Q2 2021 | $5.4MM$5.1MM |
Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $769.00K$3.6MM |
Real Estate Owned | Q2 2022vs Q2 2021 | $2.0MM$2.0MM |
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