Cross County Savings Bank


79-21 Metropolitan Avenue
Middle Village, NY 11379
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.20% 0.85% →
1-Year CD 0.45% 0.67% →
2-Year CD 0.60% 0.80% →
5-Year CD 0.80% 1.25% →
30-Year Mortgage 4.45% 2.72% →
15-Year Mortgage 3.50% 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

Cross County Savings Bank is an FDIC insured institution located in Middle Village, NY. It was founded in 1888 and has approximately $0.56 billion in assets. Customers can open an account at one of its 6 branches.

FDIC Insured Yes
FDIC Certificate # 30260
Date Established 1888
Assets $ 559.00 million
Loans $ 399.86 million
Deposits $ 492.76 million
Capital $ 53.93 million

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

Deposit Rates - December 4, 2021

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
0.20% $2,500 $4,999 Learn More
Money Market
0.20% $2,500 $2,999 Learn More
Money Market
0.20% $10,000 $14,999 Learn More
Money Market
0.30% $25,000 $29,999 Learn More
6 Mo CD
0.30% $500 - Learn More
12 Mo CD
0.45% $500 - Learn More
18 Mo CD
0.55% $500 - Learn More
24 Mo CD
0.60% $500 - Learn More
30 Mo CD
0.65% $500 - Learn More
36 Mo CD
0.70% $500 - Learn More
48 Mo CD
0.75% $500 - Learn More
60 Mo CD
0.80% $500 - Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1 $99 Learn MoreShow Less
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less
Checking Rates APY MIN FEE
Interest Checking Account 0.05% $0 $1.50 Learn MoreShow Less
Free Checking Account 0.00% $0 $0.00 Learn MoreShow Less

Loan Rates - December 4, 2021

Your Current Location: Virginia, VA 20146

Home Equity Rates APR Rate Monthly Payment
Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.


Cross County Savings Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

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Cross County Savings Bank Locations

Climate Initiatives

Cross County Savings Bank is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

Financial Details

Cross County Savings Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Cross County Savings Bank. 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
Cross County Savings Bank U.S. Bank Average
7.68% 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, Cross County Savings Bank had $4,237,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $53,932,000 in equity and $1,213,000 in loans loss reserves. That gives it a Texas Ratio of 7.68%.

Return on Equity
Cross County Savings Bank U.S. Bank Average
3.95% 11.29%

Cross County Savings Bank has a Return on Equity of 3.95% 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.

Cross County Savings Bank U.S. Bank Average
9.65% 11.72%

Cross County Savings Bank has a Capitalization of 9.65% 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.

Cross County Savings Bank Balance Sheet Analysis

As of June 30, 2021, Cross County Savings Bank had assets of $559,003,000, loans of $399,864,000, and deposits of $492,762,000. 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 $ 103.37 million
Interest-bearing balances $ 97.30 million
Total securities $ 17.67 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 399.86 million
Loan loss allowance $ 1.21 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 16.90 million
     Total Assets $ 505.07 million
Total deposits $ 492.76 million
      Interest-bearing deposits $ 425.05 million
      Deposits held in domestic offices $ 492.76 million
      % insured (estimated) 85.40%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 5.00 million
Subordinated debt N.A.
All other liabilities $ 7.31 million
      Total Liabilities $ 505.07 million
      Shareholders’ Equity $ 53.93 million

Summary Income Statement

June 30, 2021
Total Interest Income $ 9.91 million
Total Interest Expense $ 1.23 million
Net interest income $ 8.68 million
Provision for loan and lease losses $ 0.04 million
Total non interest income $ 0.49 million
Total non interest expense $ 7.76 million
Pre-tax Net Operating Income $ 1.38 million

Bank Loan Profile?

The top three loan types in Cross County Savings Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks in New York, Cross County Savings Bank has a significantly higher percent of 1-4 Family Residential Loans 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 74.63
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 5.90
Construction and Development Loans 0.00
Commercial Real Estate 21.06
Commercial and Industrial Loans 0.00
Farm Loans 0.00

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