Signature Bank is headquartered in New York and is the 5th largest bank in the state of New York. It is also the 32nd largest bank in the nation. It was established in 2001 and as of June of 2022, it had grown to 2,113 employees at 37 locations. Signature Bank has an A health rating.
Related Posts
8/2 - Competitive CD Deals For NY - Local
12/18 - 2.65% 24-Month CD & 1.90% 6-Month CD Continues at Signature Bank in New York City - Local Only
10/23 - 2.65% 24-Month CD & 2.20% 12-Month CD at Signature Bank in New York City - Local Only
9/24 - 2.40% 18-Month CD & Other Competitive CD Rates at Signature Bank in New York City - Local Only
8/3 - 3.00% 24-Month CD & Other High CD Rates at Signature Bank in New York City - Local Only
6/10 - 2.50% 12-Month CD at Signature Bank in New York City - Local Only
Reply To Disappointed Customer.
I've had an account for years at the downtown Brooklyn office and have never yet had a problem with Signature bank or their customer service. There appear to be many other satisfied customers doing transactions at the branch. I rarely use the telephone service but I seem to recall that it also works. I don't know about leaving messages though. For opening new accounts, try their web page for information and then try in person for an actual transaction. You can then inquire about their telephone service.
Nice Bank
I have never used a small bank before but I was employed with a company that could not do direct deposit and used this bank. Of course, at first, I felt uneasy because I was a loyal Chase member and I had never heard about Signature Bank. There are only about 3 Signature Banks in the whole city so I decided to visit the one by 14th Street. My time with them has been pleasant and I am surprised to never have a problem with them, which has been great. Overall, I am glad I switched to Signature Bank and will be keeping an account with them.
A Rated Bank For Sure?
I would say since it's been shut down by regulators it is no longer A rated
So Much For The A Rating
The bank just was closed by regulators. Insolvent. So much for the A rating.
Customer Of There Brooklyn Branch On Broadway
Hi
I am a customer about 5 years i never had less then 200k avail. in my account that bank is extremly unprof. They don't always have cash avail. 1 teller accepts all and 1 deposits only, If there is 3 people in teh line you can wait 30 minutes,
This bank is designed for people that are always overdrafted and need there checks covered, Don't even ask about a wire they do wires through 3rd party's and what takes with a reguler bank 5 minutes takes them 24 hours
Stay away!
Customer Service
Just called Signature customer service to inquire on a new account. Voicemail message indicated all representatives are busy and that I should call back later and then hung up the phone. Is this a one-off issue or do others have problems with customer service?
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 57053 |
| Year Established | 2001 |
| Employees | 2113 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.14% |
| Return on Equity - YTD | 16.91% |
| Annual Interest Income | $1.42B |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $116B$97.21B |
| Loans | Q2 2022vs Q2 2021 | $72.37B$54.54B |
| Deposits | Q2 2022vs Q2 2021 | $104.1B$85.57B |
| Equity Capital | Q2 2022vs Q2 2021 | $8.03B$6.84B |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $446.0MM$514.8MM |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $210.2MM$136.7MM |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |
