Spring Bank (NY)


Overview / Commentary
718-879-5000
69 East 167th Street
Bronx, NY 10452

Spring Bank (NY) is headquartered in Bronx and is the 93rd largest bank in the state of New York. It is also the 2,290th largest bank in the nation. It was established in 2007 and as of March of 2021, it had grown to 36 employees at 2 locations. Spring Bank (NY) has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #58668
Year Established2007
Employees36
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.75%
Return on Equity - YTD9.03%
Annual Interest Income$3.1MM
Assets and Liabilities
AssetsQ1 2021vs Q1 2020$336.2MM$212.6MM
LoansQ1 2021vs Q1 2020$261.5MM$154.7MM
DepositsQ1 2021vs Q1 2020$230.7MM$180.4MM
Equity CapitalQ1 2021vs Q1 2020$28.1MM$26.0MM
Loan Loss AllowanceQ1 2021vs Q1 2020$1.9MM$1.3MM
Unbacked Noncurrent LoansQ1 2021vs Q1 2020$3.2MM$1.7MM
Real Estate OwnedQ1 2021vs Q1 2020$313.00K$744.00K
Rates
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Always verify rates and promotions with the bank or credit union. We are not Spring Bank (NY); 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.

Spring Bank (NY) Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%$25-Savings
0.50%$10-Club Accounts
0.50%$25-Other Savings Products
0.50%$25-IRA Savings
0.50%$10-Vacation Club
0.10%$25-Community Chest

Spring Bank (NY) Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%*$500*$1mMoney Market Checking Account
OTHER TIERS: 0.30% $1m+

Spring Bank (NY) Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%$500-Interest Checking Account
0.15%--Interest on Lawyer Accounts

Spring Bank (NY) CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.65%$250-5 Year CD
0.60%$250-4 Year CD
0.55%$250-3 Year CD
0.50%$250-1 Year CD
0.50%$250-1 1/2 Year CD
0.50%$250-2 Year CD
0.20%$250-180 Day CD
0.15%$250-90 Day CD
Locations


Spring Bank (NY) Locations
301 W.111th Street301 W. 111th StreetNew York, NY 10026
Spring Bank69 East 167th StreetBronx, NY 10452

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