New York Community Bank

Headquarters

102 Duffy Avenue
Hicksville, NY 11801
See all branch locations →

Phone 877 786 6560

Notable Rates APY Vs.Others
Savings 0.05% 0.95% →
1-Year CD 0.15% 1.01% →
2-Year CD 0.15% 0.95% →
5-Year CD 0.15% 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

New York Community Bank is an FDIC insured institution located in Hicksville, NY. It was founded in 1859 and has approximately $54.24 billion in assets. Customers can open an account at one of its 250 branches.

FDIC Insured Yes
FDIC Certificate # 16022
Date Established 1859
Assets $ 54.24 billion
Loans $ 42.13 billion
Deposits $ 32.13 billion
Capital $ 7.13 billion
 

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

Deposit Rates - October 27, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.05% $2,500 $4,999 Learn More
Money Market
0.03% $2,500 $2,999 Learn More
Money Market
0.03% $10,000 $14,999 Learn More
Money Market
0.05% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.25% $10,000 $14,999 Learn More
3 Mo CD
0.25% $100,000 $199,999 Learn More
6 Mo CD
0.15% $10,000 $14,999 Learn More
6 Mo CD
0.15% $100,000 $199,999 Learn More
Special: 7 Mo CD
0.75% $500 - 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
0.15% $10,000 $14,999 Learn More
18 Mo CD
0.15% $100,000 $199,999 Learn More
24 Mo CD
0.15% $10,000 $14,999 Learn More
24 Mo CD
0.15% $100,000 $199,999 Learn More
30 Mo CD
0.15% $10,000 $14,999 Learn More
30 Mo CD
0.15% $100,000 $199,999 Learn More
36 Mo CD
0.15% $10,000 $14,999 Learn More
36 Mo CD
0.15% $100,000 $199,999 Learn More
48 Mo CD
0.15% $10,000 $14,999 Learn More
48 Mo CD
0.15% $100,000 $199,999 Learn More
60 Mo CD
0.15% $10,000 $14,999 Learn More
60 Mo CD
0.15% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.02% $2,500 $3,499 Learn MoreShow Less

Online Only CD Rates of My Banking Direct

Online CD Rates APY MIN MAX
7 Months
0.65% $0 - Learn More
3 Months
0.35% $0 - Learn More
Checking Rates APY MIN FEE
My Community Free Checking 0.00% $0 $0.00 Learn MoreShow Less
My Community Interest Checking 0.02% $500 $6.00 Learn MoreShow Less

Bank Online Offers


Loan Rates - October 27, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for New York Community Bank

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
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.674% 2.625% 0.63 $1,595 $1,005 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
2.240 %
$0 Learn More
More Info

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

Branches

New York Community 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


New York Community Bank Locations


Financial Details

New York Community Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of New York Community 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
New York Community Bank U.S. Bank Average
0.7% 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, New York Community Bank had $49,282,000 in non-current loans and $1,967,000 in owned real estate. To cover these potential losses it had $7,125,229,000 in equity and $162,244,000 in loans loss reserves. That gives it a Texas Ratio of 0.7%.

Return on Equity
New York Community Bank U.S. Bank Average
6.13% 7.80%

New York Community Bank has a Return on Equity of 6.13% 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
New York Community Bank U.S. Bank Average
13.14% 12.68%

New York Community Bank has a Capitalization of 13.14% 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.

New York Community Bank Balance Sheet Analysis

As of March 31, 2020, New York Community Bank had assets of $54,237,201,000, loans of $42,129,515,000, and deposits of $32,129,161,000. 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 $ 1,331.94 million
Interest-bearing balances $ 783.96 million
Total securities $ 5.49 billion
Federal funds sold and reverse repurchase $ 2.03 million
Net loans and leases $ 42.13 billion
Loan loss allowance $ 162.24 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 1.97 million
Goodwill and other intangibles $ 2.42 billion
All other assets $ 2.28 billion
     Total Assets $ 47.11 billion
LIABILITIES
Total deposits $ 32.13 billion
      Interest-bearing deposits $ 29.44 billion
      Deposits held in domestic offices $ 32.13 billion
      % insured (estimated) 76.29%
Federal funds purchased and repurchase agreements $ 800.00 million
Trading liabilities N.A.
Other borrowed funds $ 13.48 billion
Subordinated debt N.A.
All other liabilities $ 702.82 million
      Total Liabilities $ 47.11 billion
      Shareholders’ Equity $ 7.13 billion

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 441.04 million
Total Interest Expense $ 186.96 million
Net interest income $ 254.08 million
Provision for loan and lease losses $ 20.60 million
Total non interest income $ 16.20 million
Total non interest expense $ 122.23 million
Pre-tax Net Operating Income $ 127.45 million

Bank Loan Profile?

The top three loan types in New York Community Bank’s loan portfolio are Multifamily Mortgages, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks in New York, New York Community 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 0.84
Multifamily
Mortgages
74.28
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.24
Construction and Development Loans 0.31
Commercial Real Estate 16.70
Commercial and Industrial Loans 4.65
Farm Loans 0.00

Frequently Asked Questions About New York Community Bank

Branches and Savings

Is New York Community Bank FDIC insured?

Yes. It is covered under FDIC Certificate #16022.

Why does New York Community Bank pay such low interest on savings accounts?

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

Why are New York Community Bank CD rates not competitive?

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

Is New York Community Bank a commercial bank?

Yes

Where are New York Community Bank locations?

See branch locations nearby.

Is New York Community Bank open on Saturdays?

Is New York Community Bank open on Sundays?

What time does New York Community Bank open?

What time does New York Community Bank close?

Are New York Community Bank ATMs Open 24/7?

Do New York Community Bank ATMs accept cash deposits?

Can New York Community Bank customers use other ATMs?

ashkservices@gmail.com | May 05, 2020

Can Indian nationals having their account in New York Community Bank withdraw cash in India. I yes, from which bank ATMs.

ashkservices@gmail.com | May 05, 2020

Can Indian nationals having their account in New York Community Bank withdraw cash in India. I yes, from which bank ATMs.

ashkservices@gmail.com | May 05, 2020

Can Indian nationals having their account in New York Community Bank withdraw cash in India. I yes, from which bank ATMs.

ashkservices@gmail.com | May 05, 2020

Can Indian nationals having their account in New York Community Bank withdraw cash in India. I yes, from which bank ATMs.

Do New York Community Bank branches have notaries?

Will New York Community Bank notarize my document?

What address for New York Community Bank should I put for incoming ACH transfers?

Will the New York Community Bank branch print checks?

Do New York Community Bank checks expire?

Does New York Community Bank require US citizenship to open account?

Can New York Community Bank close my account?

Does New York Community Bank Report to credit bureaus?

Does New York Community Bank Use Equifax?

What is New York Community Bank's ACH Routing Number?

What is New York Community Bank's SWIFT code?

Products

Does New York Community Bank offer mortgages?

Compare mortgage rates here.

Does New York Community Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does New York Community Bank offer personal loans?

Compare personal loan rates here.

Does New York Community Bank offer student loans?

Will New York Community Bank cash a check?

Will New York Community Bank redeem a savings bond?

Does New York Community Bank cash savings bonds?

Will New York Community Bank cash money orders?

Can New York Community Bank issue a money order?

Does New York Community Bank do currency exchange?

ashkservices@gmail.com | May 05, 2020

If currency is transferred from the account of a Indian national into his account in India, what exchange charges NTCB charges on conversion $ to indian rupees. Thanks

Background on The Bank

Who owns New York Community Bank?

How long has New York Community Bank been around?

Can New York Community Bank transfer to other banks?

Does New York Community Bank have quick pay?

Does New York Community Bank accept rolled coins?

Will New York Community Bank accept loose change?

Where is New York Community Bank headquarters?

Customer Reviews for New York Community Bank


  • May 05, 2020

    If I have to encash a fixed deposit in NYCB which has became inactive, without visiting the bank physically, is there reactivation compulsory. If yes how many USD will be required to deposit and which bank account of NYCB.
    Thanks & Regards

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