Spring Bank (NY)

Popular Accounts at this Bank

APY	ACCOUNT TYPE	HOW THEY COMPARE
3.15%	5-year CD	3.10% - American Express National Bank 60 Month CD
2.50%	1-year CD	1.30% - National Average
2.25%	Savings	2.10% - American Express National Bank High Yield Savings Account

View all Spring Bank (NY) rates »

Overview / Commentary

www.springbankny.com

718-879-5000

69 East 167th Street
Bronx, NY 10452

Spring Bank (NY) is headquartered in Bronx and is the 118^th largest bank in the state of New York. It is also the 3,128^th largest bank in the nation. It was established in 2007 and as of September of 2018, it had grown to 35 employees at 2 locations. Spring Bank (NY)'s money market rates are 5X the national average, and it has an A health rating.

View all posts from:

2010

2/24 - 2.00% 13-Month CD Special at CheckSpring Bank in NYC - Local Only

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Health

Data as of Q3 2018

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Health Grade Components

Overall
FDIC Certificate #	58668
Year Established	2007
Employees	35
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.8%
Return on Equity - YTD	15.08%
Annual Interest Income	$8.4MM

Assets and Liabilities
Assets	Q3 2018vs Q3 2017	$177.0MM$177.4MM
Loans	Q3 2018vs Q3 2017	$138.2MM$140.6MM
Deposits	Q3 2018vs Q3 2017	$154.1MM$156.5MM
Equity Capital	Q3 2018vs Q3 2017	$22.3MM$20.2MM
Loan Loss Allowance	Q3 2018vs Q3 2017	$1.5MM$1.5MM
Unbacked Noncurrent Loans	Q3 2018vs Q3 2017	$52.00K$52.00K
Real Estate Owned	Q3 2018vs Q3 2017	$0$0

Rates

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Money Market
Checking
CD

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* 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

APY	MIN	MAX	ACCOUNT NAME
2.25%^*	$25^*	$500k	Savings
OTHER TIERS: 0.85% → $500k+
2.25%	$10	-	Club Accounts
2.25%	$25	-	Other Savings Products
2.25%^*	$25^*	$500k	IRA Savings
OTHER TIERS: 0.85% → $500k+
2.25%	$10	-	Vacation Club
0.10%	$25	-	Community Chest

Spring Bank (NY) Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
2.25%^*	$500^*	$1m	Money Market Checking Account
OTHER TIERS: 0.65% → $1m+

Spring Bank (NY) Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.85%	-	-	Interest on Lawyer Accounts
0.25%	$500	-	Interest Checking Account

Spring Bank (NY) CD Rates

APY	MIN	MAX	ACCOUNT NAME
3.15%	$250	-	5 Year CD
2.80%	$250	-	4 Year CD
2.75%	$250	-	3 Year CD
2.65%	$250	-	2 Year CD
2.55%	$250	-	1 1/2 Year CD
2.50%	$250	-	1 Year CD
1.01%	$250	-	180 Day CD
0.30%	$250	-	90 Day CD

Locations

Spring Bank (NY) Locations
301 W.111th Street	301 W. 111th Street	New York, NY 10026
Spring Bank	69 East 167th Street	Bronx, NY 10452

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