Blue Foundry Bank


Blue Foundry Bank is an FDIC insured institution headquartered at 19 Park Ave, Rutherford, NJ 07070.
It was founded in 1939 and has approximately $2 billion in assets. Customers can open an account at one of its 19 branches.

Deposit Rates - December 08, 2025

SAVINGS RATES APY MIN
CD RATES APY MIN
6 Mo CD
0.20% $1,000 Compare
12 Mo CD
0.50% $1,000 Compare
18 Mo CD
4.00% $1,000 Compare
24 Mo CD
0.30% $1,000 Compare
36 Mo CD
0.50% $1,000 Compare
48 Mo CD
3.00% $1,000 Compare
60 Mo CD
3.25% $1,000 Compare
MM RATES APY MIN
Money Market
3.85% $25,000 Compare
VARIABLE IRA RATES APY MIN
VIRA
3.80% $1
INT CHECKING RATES APY MIN
INTCK
0.05% $1

Overview 2025

General Bank Information

FDIC Insured Yes
FDIC Certificate # 30052
Date Established 1939
Assets $ 2.12 billion
Loans $ 1,659.73 million
Deposits $ 1,453.72 million
Capital $ 268.50 million

Summary Balance Sheet as of June 30, 2025

ASSETS
Cash & Balances due from depository institutions $ 42.02 million
Interest-bearing balances $ 34.28 million
Total securities $ 313.30 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 1,659.73 million
Loan loss allowance $ 13.30 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.13 million
All other assets $ 51.96 million
     Total Assets $ 1,854.77 million

LIABILITIES
Total deposits $ 1,453.72 million
      Interest-bearing deposits $ 1,382.52 million
      Deposits held in domestic offices $ 1,453.72 million
      % insured (estimated)" 79.77%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 227.34 million
Subordinated debt N.A.
All other liabilities $ 37.33 millionn
      Total Liabilities $ 1,854.77 million
      Shareholders’ Equity $ 268.50 million

Summary Income Statement as of June 30, 2025

INCOME AND EXPENSES
Total Interest Income $ 46.21 million
Total Interest Expense $ 24.09 million
Net interest income $ 22.13 million
Provision for loan and lease losses $ 0.66 million
Total non interest income $ 0.73 million
Total non interest expense $ 25.70 million
Pre-tax Net Operating Income $ 1.07 million


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Branches

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Blue Foundry Bank Locations

Savings Comparison

This analysis is for demonstrative purposes only. Savings rates may go up or down, and CD rates may not be renewable for the length of the term of the analysis."

PRODUCT
BANK
BANK TYPE
STATE
AMOUNT
TERM
APY
VS.NATL'L AV.
MIN
MILES

Tax Rate: 30%

All calculations are for demonstration purposes only."

  • 1
    LOCAL SAVINGS
    Bank
    -
    $50,000
    N.A.
    2.20%
    9.73x (National Avg. - 0.23%)
    $250,000
    -
    SCENARIO
    Year Rate
    2.20%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,100 770
    2 51,100 1,124 787
    3 52,224 1,149 804
    4 53,373 1,174 822
    5 54,547 1,200 840
    6 55,747 1,226 859
    7 56,974 1,253 877
    8 58,227 1,281 897
    9 59,508 1,309 916
    10 60,817 1,338 937
    11 62,155 1,367 957
    12 63,523 1,398 978
    13 64,920 1,428 1,000
    14 66,349 1,460 1,022
    15 67,808 1,492 1,044
    16 69,300 1,525 1,067
    17 70,825 1,558 1,091
    18 72,383 1,592 1,115
    19 73,975 1,627 1,139
    20 75,603 1,663 1,164
    TOTAL $27,266 $19,086
  • 2
    ONLINE SAVINGS
    Bank
    -
    $50,000
    N.A.
    4.00%
    17.70x (National Avg. - 0.23%)
    $1,000
    -
    SCENARIO
    Year Rate
    4.00%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 2,000 1,400
    2 52,000 2,080 1,456
    3 54,080 2,163 1,514
    4 56,243 2,250 1,575
    5 58,493 2,340 1,638
    6 60,833 2,433 1,703
    7 63,266 2,531 1,771
    8 65,797 2,632 1,842
    9 68,428 2,737 1,916
    10 71,166 2,847 1,993
    11 74,012 2,960 2,072
    12 76,973 3,079 2,155
    13 80,052 3,202 2,241
    14 83,254 3,330 2,331
    15 86,584 3,463 2,424
    16 90,047 3,602 2,521
    17 93,649 3,746 2,622
    18 97,395 3,896 2,727
    19 101,291 4,052 2,836
    20 105,342 4,214 2,950
    TOTAL $59,556 $41,689