Overview / Commentary
Savoy Bank is headquartered in New York and is the 104th largest bank in the state of New York. It is also the 2,501st largest bank in the nation. It was established in 2008 and as of March of 2017, it had grown to 29 employees at 1 location. Savoy Bank has an A health rating.
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Health
A
Data as of Q1 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 58641 |
| Year Established | 2008 |
| Employees | 29 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.35% |
| Return on Equity - YTD | 13.15% |
| Annual Interest Income | $3.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2017vs Q1 2016 | $255.4MM$214.7MM |
| Loans | Q1 2017vs Q1 2016 | $213.3MM$158.8MM |
| Deposits | Q1 2017vs Q1 2016 | $227.0MM$190.4MM |
| Equity Capital | Q1 2017vs Q1 2016 | $26.5MM$23.0MM |
| Loan Loss Allowance | Q1 2017vs Q1 2016 | $2.9MM$2.5MM |
| Unbacked Noncurrent Loans | Q1 2017vs Q1 2016 | $2.8MM$4.1MM |
| Real Estate Owned | Q1 2017vs Q1 2016 | $0$0 |
Rates
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Savoy Bank CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.30% | - | - | 24 Month CD Special |
Locations
| Savoy Bank Locations | ||
|---|---|---|
| Savoy Bank | 600 Fifth Avenue | New York, NY 10020 |