New Valley Bank & Trust is an FDIC insured institution headquartered at
1 Monarch Pl, Springfield, MA 01144.
It was founded in
2019 and has approximately $0 billion in
assets. Customers can open an account at one of its 0 branches.
Transform Your Home Equity Into Cash: Explore our Tech-Powered Solutions!
Unlock Your Home's Value: Discover the Power of our Online HELOC!
Maximize Your Equity: Get Cash-Out Using Our HELOC for Your Next Big Step
Secure Your Future: Experience the Ease of our Fixed Home Equity Loans
Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for
taxes and insurance premiums. Click here for more information on rates and product details.
97% of borrowers would recommend to friends or family
Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for
taxes and insurance premiums. Click here for more information on rates and product details.
Overview 2024
General Bank Information
FDIC Insured
Yes
FDIC Certificate
# 59143
Date Established
2019
Assets
$ 333.22 million
Loans
$ 228.70 million
Deposits
$ 275.28 million
Capital
$ 27.69 million
Summary Balance Sheet as of June 30, 2023
ASSETS
Cash & Balances due from depository institutions
$ 41.44 million
Interest-bearing balances
$ 30.78 million
Total securities
$ 50.05 million
Federal funds sold and reverse repurchase
N.A.
Net loans and leases
$ 228.70 million
Loan loss allowance
$ 2.82 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
$ 5.49 million
Total Assets
$ 305.53 million
LIABILITIES
Total deposits
$ 275.28 million
Interest-bearing deposits
$ 250.07 million
Deposits held in domestic offices
$ 275.28 million
% insured (estimated)
63.66%
Federal funds purchased and repurchase agreements
N.A.
Trading liabilities
N.A.
Other borrowed funds
N.A.
Subordinated debt
N.A.
All other liabilities
$ 0.68 millionn
Total Liabilities
$ 305.53 million
Shareholders’ Equity
$ 27.69 million
Summary Income Statement as of June 30, 2023
INCOME AND EXPENSES
Total Interest Income
$ 12.85 million
Total Interest Expense
$ 5.27 million
Net interest income
$ 7.58 million
Provision for loan and lease losses
$ 0.06 million
Total non interest income
$ 0.57 million
Total non interest expense
$ 7.94 million
Pre-tax Net Operating Income
$ 0.25 million
Customer Reviews for New Valley Bank & Trust
There are currently no comments for New Valley Bank & Trust. Be the first to share your experience. Please provide comments that will help others.
Branches
Click on location and enter new zip number to change.
Your current location is: Columbus, OH
There are currently no comments for New Valley Bank & Trust. Be the first to share your experience. Please provide comments that will help others.