Investors Bank

101 Jfk Parkway
Short Hills, NJ 07078

Phone: 855 422 6548

Notable Rates APY Vs.Others
Savings 0.05% 2.30% →
1-Year CD 0.25% 2.25% →
2-Year CD 0.45% 2.50% →
5-Year CD 1.00% 2.80% →
30-Year Mortgage 4.62% 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Bank Information

Investors Bank is an FDIC insured institution located in Short Hills, NJ. It was founded in 1926 and has approximately $27.07 billion in assets. Customers can open an account at one of its 162 branches.

FDIC Insured Yes
FDIC Certificate # 28892
Date Established 1926
Assets $27.07 billion
Loans $21.79 billion
Deposits $17.93 billion
Capital $2.64 billion
 

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

Deposit Rates - December 12, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.05% $500 $14,999 Learn MoreShow Less
Money Market
0.10% $15,000 $49,999 Learn MoreShow Less
Premium Money Market Account
0.05% $1 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.20% $500 - Learn MoreShow Less
6 Mo CD
0.20% $500 - Learn MoreShow Less
Special: 7 Mo CD
1.80% $10,000 - Learn MoreShow Less
12 Mo CD
0.25% $500 - Learn MoreShow Less
24 Mo CD
0.45% $500 - Learn MoreShow Less
36 Mo CD
0.60% $500 - Learn MoreShow Less
60 Mo CD
1.00% $500 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.25% $500 - Learn MoreShow Less
Special: 7 Mo FIRA
1.80% $5,500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.25% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.01% $1 $2,499 Learn MoreShow Less
Int Ckg
0.05% $2,500 - Learn MoreShow Less
Checking Rates APY MIN FEE
Consumer Checking 0.05% $0 $3.00 Learn MoreShow Less

Loan Rates - December 12, 2019

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.

Branches

Investors Bank 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


Investors Bank Locations


Financial Details

Investors Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Investors Bank. 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
Investors Bank U.S. Bank Average
4.19% 6.77%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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, 2019, Investors Bank had $113,411,000 in non-current loans and $7,097,000 in owned real estate. To cover these potential losses it had $2,642,769,000 in equity and $231,937,000 in loans loss reserves. That gives it a Texas Ratio of 4.19%.

Return on Equity
Investors Bank U.S. Bank Average
6.99% 9.50%

Investors Bank has a Return on Equity of 6.99% versus the BestCashCow average of 9.50%. 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
Investors Bank U.S. Bank Average
9.76% 12.76%

Investors Bank has a Capitalization of 9.76% versus the BestCashCow average of 12.76. 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.

Investors Bank Balance Sheet Analysis

As of June 30, 2019, Investors Bank had assets of $27,074,788,000, loans of $21,786,733,000, and deposits of $17,929,624,000. 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, 2019
ASSETS
Cash & Balances due from depository institutions $0.25 billion
Interest-bearing balances $0.17 billion
Total securities $3.81 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $21.79 billion
Loan loss allowance $0.23 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.01 billion
Goodwill and other intangibles $0.10 billion
All other assets $0.75 billion
     Total Assets $24.43 billion
LIABILITIES
Total deposits $17.93 billion
      Interest-bearing deposits $15.19 billion
      Deposits held in domestic offices $17.93 billion
      % insured (estimated) 60.89%
Federal funds purchased and repurchase agreements $0.45 billion
Trading liabilities $0.00 billion
Other borrowed funds $5.91 billion
Subordinated debt $0.00 billion
All other liabilities $0.14 billion
      Total Liabilities $24.43 billion
      Shareholders’ Equity $2.64 billion

Summary Income Statement

June 30, 2019
INCOME AND EXPENSES
Total Interest Income $0.52 billion
Total Interest Expense $0.19 billion
Net interest income $0.32 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.02 billion
Total non interest expense $0.21 billion
Pre-tax Net Operating Income $0.14 billion

Bank Loan Profile?

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

Compared to other banks in New Jersey, Investors Bank has a significantly higher percent of Multifamily Mortgages 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 27.29
Multifamily
Mortgages
37.52
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 1.14
Construction and Development Loans 1.19
Commercial Real Estate 27.68
Commercial and Industrial Loans 3.65
Farm Loans 0.02

Frequently Asked Questions About Investors Bank

Branches and Savings

Is Investors Bank FDIC insured?

Yes. It is covered under FDIC Certificate #28892.

Why does Investors Bank pay such low interest on savings accounts?

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

Why are Investors Bank CD rates not competitive?

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

Is Investors Bank a commercial bank?

Yes

Where are Investors Bank locations?

See branch locations nearby.

Is Investors Bank open on Saturdays?

Is Investors Bank open on Sundays?

What time does Investors Bank open?

What time does Investors Bank close?

Are Investors Bank ATMs Open 24/7?

Do Investors Bank ATMs accept cash deposits?

Can Investors Bank customers use other ATMs?

Do Investors Bank branches have notaries?

Will Investors Bank notarize my document?

What address for Investors Bank should I put for incoming ACH transfers?

Will the Investors Bank branch print checks?

Do Investors Bank checks expire?

Does Investors Bank require US citizenship to open account?

Can Investors Bank close my account?

Does Investors Bank Report to credit bureaus?

Does Investors Bank Use Equifax?

What is Investors Bank's ACH Routing Number?

What is Investors Bank's SWIFT code?

Products

Does Investors Bank offer mortgages?

Compare mortgage rates here.

Does Investors Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Investors Bank offer personal loans?

Compare personal loan rates here.

Does Investors Bank offer student loans?

Will Investors Bank cash a check?

Will Investors Bank redeem a savings bond?

Does Investors Bank cash savings bonds?

Will Investors Bank cash money orders?

Can Investors Bank issue a money order?

Does Investors Bank do currency exchange?

Background on The Bank

Who owns Investors Bank?

How long has Investors Bank been around?

Can Investors Bank transfer to other banks?

Does Investors Bank have quick pay?

Does Investors Bank accept rolled coins?

Will Investors Bank accept loose change?

Where is Investors Bank headquarters?

Customer Reviews for Investors Bank

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

Add Your Review

Rate it here →