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 N.A. 3.05% →
1-Year CD N.A. 3.70% →
2-Year CD N.A. 3.80% →
5-Year CD N.A. 4.25% →
30-Year Mortgage N.A. 6.31% →
15-Year Mortgage N.A. 5.86% →
HELOC N.A. 2.79% →

2022 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 $60.96 billion in assets. Customers can open an account at one of its 250 branches.

FDIC Insured Yes
FDIC Certificate # 16022
Date Established 1859
Assets $ 60.96 billion
Loans $ 46.56 billion
Deposits $ 38.09 billion
Capital $ 7.40 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 - September 30, 2022

Your Current Location: Connecticut, CT 06828

Online Only Savings Rates of My Banking Direct, a division of New York Community Bank

Online Savings Rates APY MIN MAX
Online Savings Account
2.20% $1 - Learn More

Online Only CD Rates of My Banking Direct, a division of New York Community Bank

Online CD Rates APY MIN MAX
1-Year CD
2.50% $500 - Learn More
2 Year CD
2.75% $500 - Learn More
3-Year CD
1.70% $500 - 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 - September 30, 2022

Your Current Location: Connecticut, CT 06828

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:




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NMLS ID: 1168

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Featured - Connecticut Home Equity Line Of Credit Rates 2022

Lender APR (%)? Monthly Payment? Learn More

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:
Fairfield,Connecticut


New York Community Bank Locations



Climate Initiatives

New York Community Bank is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

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
0.86% 4.01%

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, 2022, New York Community Bank had $62,793,000 in non-current loans and $2,666,000 in owned real estate. To cover these potential losses it had $7,395,276,000 in equity and $196,657,000 in loans loss reserves. That gives it a Texas Ratio of 0.86%.

Return on Equity
New York Community Bank U.S. Bank Average
8.79% 9.01%

New York Community Bank has a Return on Equity of 8.79% versus the BestCashCow average of 9.01%. 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
12.13% 10.66%

New York Community Bank has a Capitalization of 12.13% versus the BestCashCow average of 10.66. 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, 2022, New York Community Bank had assets of $60,960,485,000, loans of $46,561,574,000, and deposits of $38,094,262,000. 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, 2022
ASSETS
Cash & Balances due from depository institutions $ 2.64 billion
Interest-bearing balances $ 2.44 billion
Total securities $ 5.63 billion
Federal funds sold and reverse repurchase $ 264.38 million
Net loans and leases $ 46.56 billion
Loan loss allowance $ 196.66 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 2.67 million
Goodwill and other intangibles $ 2.42 billion
All other assets $ 2.94 billion
     Total Assets $ 53.57 billion
LIABILITIES
Total deposits $ 38.09 billion
      Interest-bearing deposits $ 33.66 billion
      Deposits held in domestic offices $ 38.09 billion
      % insured (estimated) 70.23%
Federal funds purchased and repurchase agreements $ 800.00 million
Trading liabilities N.A.
Other borrowed funds $ 13.88 billion
Subordinated debt N.A.
All other liabilities $ 789.57 million
      Total Liabilities $ 53.57 billion
      Shareholders’ Equity $ 7.40 billion

Summary Income Statement

March 31, 2022
INCOME AND EXPENSES
Total Interest Income $ 429.26 million
Total Interest Expense $ 87.86 million
Net interest income $ 341.41 million
Provision for loan and lease losses N.A.
Total non interest income $ 14.09 million
Total non interest expense $ 137.10 million
Pre-tax Net Operating Income $ 220.21 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 0.31
Multifamily
Mortgages
76.84
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.19
Construction and Development Loans 0.51
Commercial Real Estate 14.40
Commercial and Industrial Loans 4.52
Farm Loans 0.00

Customer Reviews for New York Community Bank


  • May 5, 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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