Featured Savings Rates
Featured Accounts

Ridgewood Savings Bank

Popular Accounts at this Bank

1.05%SavingsSmart Move Online Savings
2.00%6+ Year IRA72 Month IRA (Traditional, Roth, CESA, SEP)
1.80%5-year IRA60 Month IRA (Traditional, Roth, CESA, SEP)

Overview / Commentary
7102 Forest Avenue
Ridgewood, NY 11385

The people of Ridgewood Savings Bank have been proudly serving their local communities since the bank was founded back in 1921. A lot of things have changed through the years, but one thing has remained the same: their commitment to meeting the needs of their customers and communities.

Ridgewood Savings Bank is convenient, courteous, comfortable and secure. Whatever your financial needs, you'll find the valuable products and services you want.

Related Posts

Earn Up To $200 With Ridgewood Savings Bank Checking Bonus - 9/5/2016

Ridgewood Savings Bank is offering its 20good checking bonus, which pays up to $200. Available to residents of New York State and Fairfield County, CT.

$200 Checking Account Bonus (NY And Fairfield County, CT) - 8/25/2016

Ridgewood Savings Bank’s checking account promotion: Open a new checking account using promo code 200good and get: 50 if you sign up and receive eStatements $100 for direct depositing a minimum of $250 from a recurring Direct Deposit of payroll, Federal/state government benefit, or pension benefit $50 for using your debit card ten times to complete a signature or PIN transaction. Online account opening eligible for New York State and Fairfield County residents only. Link to promotion page 

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Reviews (1)

Excellent Mutual Savings Bank

Posted by: adamj023 | Oct 6, 2016

Highest local savings rate in my zipcode for interest.
No minimum required for free checking. Part ownership as this is a mutual savings bank. Quick ach fund transfers after initial waiting period. Quick response time with customer service in email. They gave me wrong info when I asked when I will get quicker ach transfer next day funding but it eventually got activated as wording was confusing as to when it would occur. New bank President and board members were appointed as well since I have had this account. Bank is very well run and very stable. My branch is an original branch from 1940 which was landmarked and is made of stone and marble. Interest rate is on par with the best as it has no restrictions unlike other higher rate accounts.

I use another local account for electronic deposits but I ach funds into this bank. Also free teller checks as well are offered with the checking account including free notary public.


Health Grade Components

FDIC Certificate #16026
Year Established1921
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.31%
Return on Equity - YTD2.41%
Annual Interest Income$143.5MM
Assets and Liabilities
AssetsQ4 2016vs Q4 2015$5.35B$5.21B
LoansQ4 2016vs Q4 2015$3.20B$2.80B
DepositsQ4 2016vs Q4 2015$4.13B$4.00B
Equity CapitalQ4 2016vs Q4 2015$681.4MM$667.5MM
Loan Loss AllowanceQ4 2016vs Q4 2015$17.3MM$15.7MM
Unbacked Noncurrent LoansQ4 2016vs Q4 2015$20.7MM$24.5MM
Real Estate OwnedQ4 2016vs Q4 2015$209.00K$1.8MM
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Always verify rates and promotions with the bank or credit union. We are not Ridgewood Savings Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Ridgewood Savings Bank Savings Account Rates

1.05%*-$250kSmart Move Online Savings
OTHER TIERS: 0.20% $250k+
1.02%--School Savings Account
1.02%--Kids Club
0.20%$100-Savings Account (Passbook)
0.20%$100-Business Savings Account
0.20%--Vacation Club
0.20%--Holiday Club

Ridgewood Savings Bank Money Market Rates

0.30%*$25k*-PowerFlex Money Market
OTHER TIERS: 0.05% Up to $10k | 0.10% $10k - $25k

Ridgewood Savings Bank Checking Account Rates

0.18%*$75k*-Checking with Interest
OTHER TIERS: 0.10% Up to $10k | 0.12% $10k - $25k | 0.14% $25k - $50k | 0.16% $50k - $75k

Ridgewood Savings Bank CD Rates

2.15%$500-84 Month CD
2.00%$500-72 Month CD
1.80%$500-60 Month CD
1.60%$500-48 Month CD
1.52%$500-3 Year Variable CD
1.35%$500-36 Month CD
1.30%$100-18 Month Variable CD
1.10%$500-24 Month CD
0.85%$500-18 Month CD
0.75%$500-12 Month CD
0.55%$500-9 Month CD
0.45%$500-6 Month CD
0.35%$500-90 Day CD

Ridgewood Savings Bank IRA Rates

2.15%$500-84 Month IRA
2.00%$500-72 Month IRA
1.80%$500-60 Month IRA
1.60%$500-48 Month IRA
1.52%$500-3 Year Variable Rate IRA
1.35%$500-36 Month IRA
1.30%$100-18 Month Variable Rate IRA
1.10%$500-24 Month IRA
0.85%$500-18 Month IRA
0.75%$500-12 Month IRA
0.55%$500-9 Month IRA
0.45%$500-6 Month IRA
0.35%$500-90 Day IRA

Ridgewood Savings Bank has 34 locations. Click to view all Ridgewood Savings Bank locations.