NorthEast Community Bank is headquartered in White Plains and is the 54th largest bank in the state of New York. It is also the 854th largest bank in the nation. It was established in 1934 and as of December of 2021, it had grown to 130 employees at 11 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 | 130 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.1% |
Return on Equity - YTD | 7.1% |
Annual Interest Income | $48.1MM |
Assets and Liabilities | ||
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Assets | Q4 2021vs Q4 2020 | $1.21B$960.1MM |
Loans | Q4 2021vs Q4 2020 | $963.6MM$815.8MM |
Deposits | Q4 2021vs Q4 2020 | $967.4MM$775.6MM |
Equity Capital | Q4 2021vs Q4 2020 | $194.5MM$142.2MM |
Loan Loss Allowance | Q4 2021vs Q4 2020 | $5.2MM$5.1MM |
Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $0$3.6MM |
Real Estate Owned | Q4 2021vs Q4 2020 | $2.0MM$2.0MM |
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