The Berkshire Bank

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LOCATIONS

TODAY'S FEATURED RATES

Member FDIC

4.10%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.

Member FDIC

4.30%

Our Rating

4.1 / 5

BrioDirect

High-Yield Savings

See Offer

Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

4.20%

Our Rating

3.6 / 5

Jenius Bank

Jenius Savings Account

See Offer

Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms Apply. Member FDIC

Member FDIC

4.36%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

3.60%

Our Rating

4.2 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

up to $300

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.berkbank.com

212-802-1000

4 East 39th Street
New York, NY 10016

The Berkshire Bank is headquartered in NEW YORK and is the 70^th largest bank in the state of New York. It is also the 1,587^th largest bank in the nation. It was established in 1989 and as of December of 2024, it had grown to 84 employees at 8 locations. The Berkshire Bank has an A health rating.

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Health

Data as of Q4 2024

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	27503
Year Established	1989
Employees	84
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.56%
Return on Equity - YTD	2.62%
Annual Interest Income	$28.8MM

Assets and Liabilities
Assets	Q4 2024vs Q4 2023	$587.9MM$578.5MM
Loans	Q4 2024vs Q4 2023	$196.7MM$246.3MM
Deposits	Q4 2024vs Q4 2023	$452.8MM$447.8MM
Equity Capital	Q4 2024vs Q4 2023	$129MM$124.7MM
Loan Loss Allowance	Q4 2024vs Q4 2023	$9.2MM$8.5MM
Unbacked Noncurrent Loans	Q4 2024vs Q4 2023	$10.1MM$0
Real Estate Owned	Q4 2024vs Q4 2023	$0$0

TODAY'S FEATURED RATES

Member FDIC

4.10%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.

Member FDIC

4.30%

Our Rating

4.1 / 5

BrioDirect

High-Yield Savings

See Offer

Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

4.20%

Our Rating

3.6 / 5

Jenius Bank

Jenius Savings Account

See Offer

Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

4.36%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

3.60%

Our Rating

4.2 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

up to $300

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

Rates for The Berkshire Bank are currently being reviewed.

Locations

Cities: Brooklyn, Goshen, Harriman, New York, New York City, Teaneck

Brooklyn Branches
Kings Highway Branch	1421 Kings Highway	Brooklyn, NY 11229
16th Avenue Branch	4917 16th Avenue	Brooklyn, NY 11204

Goshen Branches
Goshen Savings Bank Branch	2 South Church Street	Goshen, NY 10924
G. Arden Life Care Ret. Com. Branch	214 Harriman Drive	Goshen, NY 10924

Harriman Branches
Harriman Branch	80 Route 17m	Harriman, NY 10926

New York Branches
Washington Heights Branch	210 Pinehurst Avenue	New York, NY 10033
The Berkshire Bank	4 E 39th St	New York, NY 10016
5 Broadway Branch	5 Broadway	New York, NY 10004

New York City Branches
Brooklyn Branch	5010 13th Avenue	New York City, NY 11219

Teaneck Branches
Teaneck Branch	517 Cedar Lane	Teaneck, NJ 07666

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