Emigrant Savings Bank - Manhattan

Headquarters

250 W. 23rd Street
New York, NY 10011
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Emigrant Savings Bank - Manhattan is an FDIC insured institution located in New York, NY. It was founded in 2005 and has approximately $1.27 billion in assets.

FDIC Insured Yes
FDIC Certificate # 58168
Date Established 2005
Assets $ 1,265.76 million
Loans $ 307.76 million
Deposits $ 1,104.24 million
Capital $ 111.13 million
 

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

Deposit Rates - September 26, 2020

Your Current Location: Virginia, VA 20146


Loan Rates - September 26, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Emigrant Savings Bank - Manhattan

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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
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NMLS ID: 2890
License#: MC-3098
2.815% 2.750% 0.88 $2,102 $1,021 Learn More
Rocket Mortgage
NMLS ID: 3030
3.998% 3.875% 1.00 $3,750 $1,176 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info

Note to Emigrant Savings Bank - Manhattan
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Branches

Emigrant Savings Bank - Manhattan 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:
Ashburn,Virginia


Emigrant Savings Bank - Manhattan Locations


Financial Details

Emigrant Savings Bank - Manhattan Ratio Analysis

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

Texas Ratio
Emigrant Savings Bank - Manhattan U.S. Bank Average
35.04% 6.94%

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 March 31, 2020, Emigrant Savings Bank - Manhattan had $37,457,000 in non-current loans and $2,841,000 in owned real estate. To cover these potential losses it had $111,134,000 in equity and $3,870,000 in loans loss reserves. That gives it a Texas Ratio of 35.04%.

Return on Equity
Emigrant Savings Bank - Manhattan U.S. Bank Average
2.72% 7.80%

Emigrant Savings Bank - Manhattan has a Return on Equity of 2.72% versus the BestCashCow average of 7.80%. 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.

Capitalization
Emigrant Savings Bank - Manhattan U.S. Bank Average
8.78% 12.68%

Emigrant Savings Bank - Manhattan has a Capitalization of 8.78% versus the BestCashCow average of 12.68. 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.

Emigrant Savings Bank - Manhattan Balance Sheet Analysis

As of September 30, 2012, Emigrant Savings Bank - Manhattan had assets of $1,265,762,000, loans of $307,760,000, and deposits of $1,104,243,000. 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

March 31, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 307.76 million
Loan loss allowance $ 3.87 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 2.84 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 1,104.24 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 1,265.76 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Emigrant Savings Bank - Manhattan’s loan portfolio are 1-4 Family Residential Loans, Commercial and Industrial Loans, and Multifamily Mortgages.

Compared to other banks in New York, Emigrant Savings Bank - Manhattan 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.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 98.26
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 2.71
Farm Loans 0.00

Frequently Asked Questions About Emigrant Savings Bank - Manhattan

Branches and Savings

Is Emigrant Savings Bank - Manhattan FDIC insured?

Yes. It is covered under FDIC Certificate #58168.

Why does Emigrant Savings Bank - Manhattan pay such low interest on savings accounts?

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

Why are Emigrant Savings Bank - Manhattan CD rates not competitive?

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

Is Emigrant Savings Bank - Manhattan a commercial bank?

Yes

Where are Emigrant Savings Bank - Manhattan locations?

See branch locations nearby.

Is Emigrant Savings Bank - Manhattan open on Saturdays?

Is Emigrant Savings Bank - Manhattan open on Sundays?

What time does Emigrant Savings Bank - Manhattan open?

What time does Emigrant Savings Bank - Manhattan close?

Are Emigrant Savings Bank - Manhattan ATMs Open 24/7?

Do Emigrant Savings Bank - Manhattan ATMs accept cash deposits?

Can Emigrant Savings Bank - Manhattan customers use other ATMs?

Do Emigrant Savings Bank - Manhattan branches have notaries?

Will Emigrant Savings Bank - Manhattan notarize my document?

What address for Emigrant Savings Bank - Manhattan should I put for incoming ACH transfers?

Will the Emigrant Savings Bank - Manhattan branch print checks?

Do Emigrant Savings Bank - Manhattan checks expire?

Does Emigrant Savings Bank - Manhattan require US citizenship to open account?

Can Emigrant Savings Bank - Manhattan close my account?

Does Emigrant Savings Bank - Manhattan Report to credit bureaus?

Does Emigrant Savings Bank - Manhattan Use Equifax?

What is Emigrant Savings Bank - Manhattan's ACH Routing Number?

What is Emigrant Savings Bank - Manhattan's SWIFT code?

Products

Does Emigrant Savings Bank - Manhattan offer mortgages?

Compare mortgage rates here.

Does Emigrant Savings Bank - Manhattan offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Emigrant Savings Bank - Manhattan offer personal loans?

Compare personal loan rates here.

Does Emigrant Savings Bank - Manhattan offer student loans?

Will Emigrant Savings Bank - Manhattan cash a check?

Will Emigrant Savings Bank - Manhattan redeem a savings bond?

Does Emigrant Savings Bank - Manhattan cash savings bonds?

Will Emigrant Savings Bank - Manhattan cash money orders?

Can Emigrant Savings Bank - Manhattan issue a money order?

Does Emigrant Savings Bank - Manhattan do currency exchange?

Background on The Bank

Who owns Emigrant Savings Bank - Manhattan?

How long has Emigrant Savings Bank - Manhattan been around?

Can Emigrant Savings Bank - Manhattan transfer to other banks?

Does Emigrant Savings Bank - Manhattan have quick pay?

Does Emigrant Savings Bank - Manhattan accept rolled coins?

Will Emigrant Savings Bank - Manhattan accept loose change?

Where is Emigrant Savings Bank - Manhattan headquarters?

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