Bankers' Bank, Northeast


43 Western Boulevard, Suite 125
Glastonbury, CT 06033
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.85% →
1-Year CD N.A. 0.75% →
2-Year CD N.A. 0.80% →
5-Year CD N.A. 1.10% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

Bankers' Bank, Northeast is an FDIC insured institution located in Glastonbury, CT. It was founded in 1998 and has approximately $0.17 billion in assets.

FDIC Insured Yes
FDIC Certificate # 34858
Date Established 1998
Assets $ 167.13 million
Loans $ 43.37 million
Deposits $ 144.49 million
Capital $ 16.68 million

For a more detailed analysis of Bankers' Bank, Northeast's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - October 15, 2021

Your Current Location: Virginia, VA 20146


Loan Rates - October 15, 2021

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bankers' Bank, Northeast

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Monthly
Learn More
Morty, Inc.
NMLS ID: 1429243
2.738% 2.690%
0.63 points
$1,562 fees
$1,013 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR 2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info

Note to Bankers' Bank, Northeast
To upload and update your bank's rates please register. It is free to register and add rates.


Bankers' Bank, Northeast branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:

Bankers' Bank, Northeast Locations

Climate Initiatives

Bankers' Bank, Northeast is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

Financial Details

Bankers' Bank, Northeast Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bankers' Bank, Northeast. The data is provided by the FDIC. All banks listed on are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Bankers' Bank, Northeast U.S. Bank Average
0% 4.78%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2021, Bankers' Bank, Northeast had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $16,683,000 in equity and $574,000 in loans loss reserves. That gives it a Texas Ratio of 0%.

Return on Equity
Bankers' Bank, Northeast U.S. Bank Average
2.62% 11.29%

Bankers' Bank, Northeast has a Return on Equity of 2.62% versus the BestCashCow average of 11.29%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Bankers' Bank, Northeast U.S. Bank Average
9.98% 11.72%

Bankers' Bank, Northeast has a Capitalization of 9.98% versus the BestCashCow average of 11.72. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Bankers' Bank, Northeast Balance Sheet Analysis

As of December 31, 2017, Bankers' Bank, Northeast had assets of $166,298,000, loans of $43,372,000, and deposits of $144,489,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

June 30, 2021
Cash & Balances due from depository institutions $ 60.94 million
Interest-bearing balances $ 49.92 million
Total securities $ 55.33 million
Federal funds sold and reverse repurchase $ 0.94 million
Net loans and leases $ 43.37 million
Loan loss allowance $ 0.57 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.21 million
All other assets $ 5.26 million
     Total Assets $ 149.62 million
Total deposits $ 144.49 million
      Interest-bearing deposits $ 1.68 million
      Deposits held in domestic offices $ 144.49 million
      % insured (estimated) 29.73%
Federal funds purchased and repurchase agreements $ 4.84 million
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.29 million
      Total Liabilities $ 149.62 million
      Shareholders’ Equity $ 17.51 million

Summary Income Statement

June 30, 2021
Total Interest Income $ 3.25 million
Total Interest Expense $ 0.20 million
Net interest income $ 3.05 million
Provision for loan and lease losses N.A.
Total non interest income $ 7.79 million
Total non interest expense $ 9.61 million
Pre-tax Net Operating Income $ 1.26 million

Bank Loan Profile?

The top three loan types in Bankers' Bank, Northeast’s loan portfolio are Commercial Real Estate, Multifamily Mortgages, and 1-4 Family Residential Loans.

Compared to other banks in Connecticut, Bankers' Bank, Northeast has a significantly higher percent of Multifamily Mortgages, Commercial Real Estate on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 8.83
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 2.11
Construction and Development Loans 2.47
Commercial Real Estate 61.53
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About Bankers' Bank, Northeast

Branches and Savings

Is Bankers' Bank, Northeast FDIC insured?

Yes. It is covered under FDIC Certificate #34858.

Why does Bankers' Bank, Northeast pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Bankers' Bank, Northeast CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Bankers' Bank, Northeast a commercial bank?


Where are Bankers' Bank, Northeast locations?

See branch locations nearby.

Is Bankers' Bank, Northeast open on Saturdays?

Is Bankers' Bank, Northeast open on Sundays?

What time does Bankers' Bank, Northeast open?

What time does Bankers' Bank, Northeast close?

Are Bankers' Bank, Northeast ATMs Open 24/7?

Do Bankers' Bank, Northeast ATMs accept cash deposits?

Can Bankers' Bank, Northeast customers use other ATMs?

Do Bankers' Bank, Northeast branches have notaries?

Will Bankers' Bank, Northeast notarize my document?

What address for Bankers' Bank, Northeast should I put for incoming ACH transfers?

Will the Bankers' Bank, Northeast branch print checks?

Do Bankers' Bank, Northeast checks expire?

Does Bankers' Bank, Northeast require US citizenship to open account?

Can Bankers' Bank, Northeast close my account?

Does Bankers' Bank, Northeast Report to credit bureaus?

Does Bankers' Bank, Northeast Use Equifax?

What is Bankers' Bank, Northeast's ACH Routing Number?

What is Bankers' Bank, Northeast's SWIFT code?


Does Bankers' Bank, Northeast offer mortgages?

Compare mortgage rates here.

Does Bankers' Bank, Northeast offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bankers' Bank, Northeast offer personal loans?

Compare personal loan rates here.

Does Bankers' Bank, Northeast offer student loans?

Will Bankers' Bank, Northeast cash a check?

Will Bankers' Bank, Northeast redeem a savings bond?

Does Bankers' Bank, Northeast cash savings bonds?

Will Bankers' Bank, Northeast cash money orders?

Can Bankers' Bank, Northeast issue a money order?

Does Bankers' Bank, Northeast do currency exchange?

Background on The Bank

Who owns Bankers' Bank, Northeast?

How long has Bankers' Bank, Northeast been around?

Can Bankers' Bank, Northeast transfer to other banks?

Does Bankers' Bank, Northeast have quick pay?

Does Bankers' Bank, Northeast accept rolled coins?

Will Bankers' Bank, Northeast accept loose change?

Where is Bankers' Bank, Northeast headquarters?

Customer Reviews for Bankers' Bank, Northeast

There are currently no comments for Bankers' Bank, Northeast. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →