2. NorthEast Community Bank
NorthEast Community Bank

NorthEast Community Bank


Overview / Commentary
www.necb.com
914-684-2500
325 Hamilton Avenue
White Plains, NY 10601

NorthEast Community Bank is headquartered in White Plains and is the 53rd largest bank in the state of New York. It is also the 841st largest bank in the nation. It was established in 1934 and as of June of 2019, it had grown to 117 employees at 10 locations. NorthEast Community Bank has an A+ health rating.

Related Posts

2.25% Super Saver thru 12/31/19 - 8/11/2019

I've not found this online anywhere, only in print, but necb ran an ad I clipped last month for a "Fully Liquid" Super Statement Savings account. Their 2.25% APY is guaranteed through the end of this year The fine print says it's effective June 24th, but is a limited offer subject to withdrawal at any time, or change without notice. The minimum opening balance is $1,000, with only a penny needed to maintain the rate. Perhaps it's already too late, but I plan to call tomorrow to see if this offer is still available. It might come in handy as the sky continues falling about us!

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Reviews (1)

Small Town Bank In The Big Apple

Posted by: CD_Customer | May 13, 2019

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.

1


Health
A+

Data as of Q2 2019

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #29147
Year Established1934
Employees117
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.44%
Return on Equity - YTD10.9%
Annual Interest Income$26.9MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$941.1MM$852.4MM
LoansQ2 2019vs Q2 2018$766.5MM$743.8MM
DepositsQ2 2019vs Q2 2018$783.3MM$669.0MM
Equity CapitalQ2 2019vs Q2 2018$123.6MM$110.8MM
Loan Loss AllowanceQ2 2019vs Q2 2018$4.4MM$3.6MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$4.0MM$4.9MM
Real Estate OwnedQ2 2019vs Q2 2018$2.2MM$2.5MM
Rates

Sorry, we do not have rate data for NorthEast Community Bank.

Locations


Cities: Bronx, Danvers, Framingham, Monroe, New York, New York City, Quincy, Spring Valley, White Plains

Bronx Branches
590 East 187th Street Branch590 East 187th StreetBronx, NY 10458

Danvers Branches
87 Elm Street Branch87 Elm StDanvers, MA 01923

Framingham Branches
Framingham Branch Office Branch35 Edgell RoadFramingham, MA 01701

Monroe Branches
Monroe Branch52 Bakertown RoadMonroe, NY 10950
Freeland Branch1 Freeland StreetMonroe, NY 10950

New York Branches
1355 First Avenue Branch1355 First AvenueNew York, NY 10021

New York City Branches
West 23rd Branch242 West 23rd StreetNew York City, NY 10011

Quincy Branches
Quincy Branch Office Branch281 Quincy AvenueQuincy, MA 02169

Spring Valley Branches
Spring Valley Branch72 West Eckerson RoadSpring Valley, NY 10977

White Plains Branches
Northeast Community Bank325 Hamilton AvenueWhite Plains, NY 10601

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