Featured Savings Rates
Featured Accounts

Ridgewood Savings Bank

Popular Accounts at this Bank

1.25%SavingsSmart Move Online Savings Account
2.15%6+ Year IRA72 Month IRA (Traditional, Roth, CESA, SEP)
2.05%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

View all posts from:

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 - YTD0.43%
Return on Equity - YTD3.35%
Annual Interest Income$114.9MM
Assets and Liabilities
AssetsQ3 2017vs Q3 2016$5.39B$5.30B
LoansQ3 2017vs Q3 2016$3.47B$3.11B
DepositsQ3 2017vs Q3 2016$4.17B$4.10B
Equity CapitalQ3 2017vs Q3 2016$711.1MM$695.3MM
Loan Loss AllowanceQ3 2017vs Q3 2016$18.5MM$16.6MM
Unbacked Noncurrent LoansQ3 2017vs Q3 2016$30.7MM$20.8MM
Real Estate OwnedQ3 2017vs Q3 2016$329.00K$1.0MM
Report an Issue

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

1.25%--School Savings Account
1.25%--Kids Club
1.25%*-$250kSmart Move Online Savings Account
OTHER TIERS: 0.25% $250k+
0.25%$100-Business Savings Account
0.25%--Statement Savings
0.25%--Holiday/Vacation Club
0.25%--Passbook Savings

Ridgewood Savings Bank Money Market Rates

1.12%*-$1mBusiness Money Market
OTHER TIERS: 0.25% $1mm+
0.50%*$25k*-PowerFlex Money Market
OTHER TIERS: 0.20% Up to $10k | 0.25% $10k - $25k

Ridgewood Savings Bank Checking Account Rates

0.20%*$75k*-Checking with Interest
OTHER TIERS: 0.12% Up to $10k | 0.14% $10k - $25k | 0.16% $25k - $50k | 0.18% $50k - $75k

Ridgewood Savings Bank CD Rates

2.29%$500-3 Year Variable CD
2.25%$500-84 Month CD
2.25%$500-48 Month Retirement CD - In branch
2.15%$500-72 Month CD
2.05%$500-60 Month CD
1.85%$500-48 Month CD
1.70%$500-36 Month CD
1.50%$500-24 Month CD
1.25%$500-18 Month CD
1.00%$500-12 Month CD
0.85%$500-9 Month CD
0.75%$500-6 Month CD
0.65%$500-90 Day CD

Ridgewood Savings Bank IRA Rates

2.29%$500-3 Year Variable Rate IRA
2.25%$500-84 Month IRA
2.15%$500-72 Month IRA
2.05%$500-60 Month IRA
1.85%$500-48 Month IRA
1.70%$500-36 Month IRA
1.50%$500-24 Month IRA
1.25%$500-18 Month IRA
1.00%$500-12 Month IRA
0.85%$500-9 Month IRA
0.75%$500-6 Month IRA
0.65%$500-90 Day IRA