National Bank of New York City

Headquarters

13629 38th Avenue
Flushing, NY 11354
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.15% 1.05% →
1-Year CD 0.15% 0.95% →
2-Year CD 0.25% 1.05% →
5-Year CD 0.60% 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

National Bank of New York City is an FDIC insured institution located in Flushing, NY. It was founded in 1963 and has approximately $0.23 billion in assets.

FDIC Insured Yes
FDIC Certificate # 18734
Date Established 1963
Assets $ 229.10 million
Loans $ 191.31 million
Deposits $ 159.12 million
Capital $ 40.50 million
 

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

Deposit Rates - September 22, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.15% $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
0.20% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.10% $10,000 $14,999 Learn More
3 Mo CD
0.10% $100,000 $199,999 Learn More
6 Mo CD
0.10% $10,000 $14,999 Learn More
6 Mo CD
0.10% $100,000 $199,999 Learn More
12 Mo CD
0.15% $10,000 $14,999 Learn More
12 Mo CD
0.15% $100,000 $199,999 Learn More
18 Mo CD
0.20% $10,000 $14,999 Learn More
18 Mo CD
0.20% $100,000 $199,999 Learn More
24 Mo CD
0.25% $10,000 $14,999 Learn More
24 Mo CD
0.25% $100,000 $199,999 Learn More
30 Mo CD
0.30% $10,000 $14,999 Learn More
30 Mo CD
0.30% $100,000 $199,999 Learn More
36 Mo CD
0.35% $10,000 $14,999 Learn More
36 Mo CD
0.35% $100,000 $199,999 Learn More
48 Mo CD
0.45% $10,000 $14,999 Learn More
48 Mo CD
0.45% $100,000 $199,999 Learn More
60 Mo CD
0.60% $10,000 $14,999 Learn More
60 Mo CD
0.60% $100,000 $199,999 Learn More


Loan Rates - September 22, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for National Bank of New York City

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




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.816% 2.750% 0.88 $2,132 $1,021 Learn More
Rocket Mortgage
NMLS ID: 3030
3.872% 3.750% 1.00 $3,750 $1,158 Learn More

Featured - Connecticut 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
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
More Info

Note to National Bank of New York City
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

National Bank of New York City 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:
Fairfield,Connecticut


National Bank of New York City Locations


Financial Details

National Bank of New York City Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of National Bank of New York City. 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
National Bank of New York City U.S. Bank Average
1.5% 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, National Bank of New York City had $655,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $40,499,000 in equity and $3,118,000 in loans loss reserves. That gives it a Texas Ratio of 1.5%.

Return on Equity
National Bank of New York City U.S. Bank Average
-1.36% 7.80%

National Bank of New York City has a Return on Equity of -1.36% 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
National Bank of New York City U.S. Bank Average
17.68% 12.68%

National Bank of New York City has a Capitalization of 17.68% 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.

National Bank of New York City Balance Sheet Analysis

As of March 31, 2020, National Bank of New York City had assets of $229,102,000, loans of $191,312,000, and deposits of $159,123,000. 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 $ 31.30 million
Interest-bearing balances $ 30.68 million
Total securities $ 3.26 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 191.31 million
Loan loss allowance $ 3.12 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 $ 2.89 million
     Total Assets $ 188.60 million
LIABILITIES
Total deposits $ 159.12 million
      Interest-bearing deposits $ 135.97 million
      Deposits held in domestic offices $ 159.12 million
      % insured (estimated) 91.76%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 28.89 million
Subordinated debt N.A.
All other liabilities $ 0.59 million
      Total Liabilities $ 188.60 million
      Shareholders’ Equity $ 40.50 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 2.57 million
Total Interest Expense $ 0.93 million
Net interest income $ 1.64 million
Provision for loan and lease losses $ 0.58 million
Total non interest income $ 0.01 million
Total non interest expense $ 1.17 million
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

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

Compared to other banks in New York, National Bank of New York City has a significantly higher percent of 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.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 23.85
Multifamily
Mortgages
7.30
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 69.35
Commercial and Industrial Loans 1.13
Farm Loans 0.00

Frequently Asked Questions About National Bank Of New York City

Branches and Savings

Is National Bank Of New York City FDIC insured?

Yes. It is covered under FDIC Certificate #18734.

Why does National Bank Of New York City pay such low interest on savings accounts?

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

Why are National Bank Of New York City CD rates not competitive?

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

Is National Bank Of New York City a commercial bank?

Yes

Where are National Bank Of New York City locations?

See branch locations nearby.

Is National Bank Of New York City open on Saturdays?

Is National Bank Of New York City open on Sundays?

What time does National Bank Of New York City open?

What time does National Bank Of New York City close?

Are National Bank Of New York City ATMs Open 24/7?

Do National Bank Of New York City ATMs accept cash deposits?

Can National Bank Of New York City customers use other ATMs?

Do National Bank Of New York City branches have notaries?

Will National Bank Of New York City notarize my document?

What address for National Bank Of New York City should I put for incoming ACH transfers?

Will the National Bank Of New York City branch print checks?

Do National Bank Of New York City checks expire?

Does National Bank Of New York City require US citizenship to open account?

Can National Bank Of New York City close my account?

Does National Bank Of New York City Report to credit bureaus?

Does National Bank Of New York City Use Equifax?

What is National Bank Of New York City's ACH Routing Number?

What is National Bank Of New York City's SWIFT code?

Products

Does National Bank Of New York City offer mortgages?

Compare mortgage rates here.

Does National Bank Of New York City offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does National Bank Of New York City offer personal loans?

Compare personal loan rates here.

Does National Bank Of New York City offer student loans?

Will National Bank Of New York City cash a check?

Will National Bank Of New York City redeem a savings bond?

Does National Bank Of New York City cash savings bonds?

Will National Bank Of New York City cash money orders?

Can National Bank Of New York City issue a money order?

Does National Bank Of New York City do currency exchange?

Background on The Bank

Who owns National Bank Of New York City?

How long has National Bank Of New York City been around?

Can National Bank Of New York City transfer to other banks?

Does National Bank Of New York City have quick pay?

Does National Bank Of New York City accept rolled coins?

Will National Bank Of New York City accept loose change?

Where is National Bank Of New York City headquarters?

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