Featured Savings Rates
Featured Accounts

Ridgewood Savings Bank

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
1.05%SavingsSmart Move Online Savings
1.60%5-year IRA60 Month IRA (Traditional, Roth, CESA, SEP)
1.60%6+ Year IRA84 Month IRA (Traditional, Roth, CESA, SEP)

Overview / Commentary
718-240-4800
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
A+

Health Grade Components

Overall
FDIC Certificate #16026
Year Established1921
Employees611
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.34%
Return on Equity - YTD2.62%
Annual Interest Income$106.1MM
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$5.30B$5.11B
LoansQ3 2016vs Q3 2015$3.11B$2.75B
DepositsQ3 2016vs Q3 2015$4.10B$3.93B
Equity CapitalQ3 2016vs Q3 2015$695.3MM$671.4MM
Loan Loss AllowanceQ3 2016vs Q3 2015$16.6MM$15.3MM
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$20.8MM$18.7MM
Real Estate OwnedQ3 2016vs Q3 2015$1.0MM$1.8MM
Rates
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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

APYMINMAXACCOUNT NAMEVIEW DETAILS
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%--Club Account

Ridgewood Savings Bank Money Market Rates

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

Ridgewood Savings Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.60%$500-60 Month CD
1.60%$500-72 Month CD
1.60%$500-84 Month CD
1.40%$500-48 Month CD
1.35%$500-60 Month Bump Up CD
1.23%$100-18 Month Variable CD
1.00%$500-36 Month CD
0.85%$500-36 Month Bump Up CD
0.75%$500-24 Month CD
0.60%$500-18 Month CD
0.45%$500-12 Month CD
0.35%$500-9 Month CD
0.25%$500-6 Month CD
0.15%$500-90 Day CD

Ridgewood Savings Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.60%$500-60 Month IRA
1.60%$500-72 Month IRA
1.60%$500-84 Month IRA
1.40%$500-48 Month IRA
1.35%$500-60 Month Bump Up IRA
1.23%$100-18 Month Variable IRA
1.00%$500-36 Month IRA
0.85%$500-36 Month Bump Up IRA
0.75%$500-24 Month IRA
0.60%$500-18 Month IRA
0.45%$500-12 Month IRA
0.35%$500-9 Month IRA
0.25%$500-6 Month IRA
0.15%$500-90 Day IRA
Locations

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