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 44th largest bank in the state of New York. It is also the 726th largest bank in the nation. It was established in 1934 and as of March of 2023, it had grown to 134 employees at 12 locations. NorthEast Community Bank has an A+ health rating.

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 - YTD3.13%
Return on Equity - YTD19.92%
Annual Interest Income$28.1MM
Assets and Liabilities
AssetsQ1 2023vs Q1 2022$1.48B$1.23B
LoansQ1 2023vs Q1 2022$1.30B$998.6MM
DepositsQ1 2023vs Q1 2022$1.21B$994.7MM
Equity CapitalQ1 2023vs Q1 2022$232.2MM$198.4MM
Loan Loss AllowanceQ1 2023vs Q1 2022$4.0MM$5.3MM
Unbacked Noncurrent LoansQ1 2023vs Q1 2022$0$0
Real Estate OwnedQ1 2023vs Q1 2022$1.5MM$2.0MM

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