NorthEast Community Bank

NorthEast Community Bank

Overview / Commentary
325 Hamilton Avenue
White Plains, NY 10601

NorthEast Community Bank is headquartered in White Plains and is the 57th largest bank in the state of New York. It is also the 906th largest bank in the nation. It was established in 1934 and as of December of 2018, it had grown to 104 employees at 9 locations. NorthEast Community Bank has an A+ health rating.

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Reviews (1)

Small Town Bank In The Big Apple

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.


Health Grade Components

FDIC Certificate #29147
Year Established1934
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.51%
Return on Equity - YTD11.46%
Annual Interest Income$47.4MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$860.7MM$804.8MM
LoansQ4 2018vs Q4 2017$742.8MM$695.7MM
DepositsQ4 2018vs Q4 2017$690.8MM$628.5MM
Equity CapitalQ4 2018vs Q4 2017$117.0MM$104.1MM
Loan Loss AllowanceQ4 2018vs Q4 2017$4.2MM$3.5MM
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$1.8MM$4.7MM
Real Estate OwnedQ4 2018vs Q4 2017$2.2MM$3.0MM

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NorthEast Community Bank Locations
Quincy Branch Office Branch281 Quincy AvenueQuincy, MA 02169
Framingham Branch Office Branch35 Edgell RoadFramingham, MA 01701
87 Elm Street Branch87 Elm StDanvers, MA 01923
West 23rd Branch242 West 23rd StreetNew York City, NY 10011
Northeast Community Bank325 Hamilton AvenueWhite Plains, NY 10601
590 East 187th Street Branch590 East 187th StreetBronx, NY 10458
Spring Valley Branch72 West Eckerson RoadSpring Valley, NY 10977
1355 First Avenue Branch1355 First AvenueNew York, NY 10021
Monroe Branch52 Bakertown RoadMonroe, NY 10950

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