General Online Bank Information
Money that you deposit is held by New York Community Bank.
New York Community Bank is an FDIC insured institution founded in 1859.
It has approximately $59.48 billion in assets.
|
|
Deposits FDIC Insured |
Yes |
Insured Bank |
New York Community Bank |
FDIC Certificate # |
16022 |
Date Established |
1859 |
Assets |
$59.48 billion |
Loans |
$45.54 billion |
Deposits |
$35.2 billion |
Capital |
$7.52 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.
Customer Reviews for My Banking Direct, a division of New York Community Bank (20)
HW1
May 2, 2022 |
Never have I ever been treated so poorly by a bank in my life. I'm 82.
Is this review helpful? Yes:2 / No: 0
Zazloff4
April 27, 2022 |
I've been depositing cash with online banks for a while and found the forums on this site and some of its competitors to be very helpful. What isn't being pointed out in relation to NYCB is that it isn't a strong bank and it is involved in a difficult merger with Flagstar bank in Detroit which is also not a strong bank. By all means, stay below FDIC insurance! What also isn't being pointed out here is that this is the same bank that previously branded their online bank as Amtrust Bank. Amtrust had great rates a decade or so ago, but those who chased rates were burned by such awful customer service that NYCB eventually had to close it down and rebrand to this. I would certainly avoid.
Is this review helpful? Yes:3 / No: 0
Yee, J 1971
March 29, 2022 |
They have a nice domain and brand, but that is about it. Not well enough organized to be an online bank serving customers remotely. Phone support is indifferent, to put it gently. Save yourself time and open with a place like Ally or Citizens Access and just wait because they eventually will all need to raise rates.
Is this review helpful? Yes:0 / No: 1
avoid this
March 10, 2022 |
it is terrible, nasty
Is this review helpful? Yes:0 / No: 1
Nope
February 27, 2022 |
Tried to open an account, but these guys are morons. I'll get 0.70% with Bask or Colorado.
Is this review helpful? Yes:1 / No: 2
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