Ridgewood Savings Bank
Ridgewood Savings Bank is an FDIC insured institution headquartered at
7102 Forest Ave, Ridgewood, NY 11385.
It was founded in
1921 and has approximately $7 billion in
assets. Customers can open an account at one of its 39 branches.
Deposit Rates - November 28, 2023
| SAVINGS RATES | APY | MIN | |
|---|---|---|---|
|
SAV
|
3.45% | $0 | Compare |
| MM RATES | APY | MIN | |
|---|---|---|---|
|
Money Market
|
4.65% | $10,000 | Compare |
Featured Home Equity Rates
-
Sponsored
-
Renovation Finance LLC DBA Renofi
NMLS ID: 1802847 / Updated 2023-11-28Renovation-specific home equity loans based on the AFTER renovation value $0 -
HELOC approval in 5 minutes, funding in 5 days. Borrow up to $400k online. $0 -
New American Funding, LLC
NMLS ID: 6606 / Updated 2023-11-28Cash-Out and Home Equity Options Available. $0 -
AmeriSave Mortgage Corporation
NMLS ID: 1168 / Updated 2023-11-28Home Equity Lines, Refinance, & Second Mortgages $0 -
CrossCountry Mortgage, LLC
NMLS ID: 3029 / Updated 2023-11-28"Unlock Your Home's Potential" $0 - 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.
Featured 30-Year Fixed Mortgage Rates
-
Sponsored
-
Quicken Loans NMLS #3030
NMLS ID: 30308.095% $2,346 Fees & Points $3,200 Total
1.000 Pts ($3,200)
$0 Fees -
Rocket Mortgage
NMLS ID: 30308.095% $2,346 Fees & Points $3,200 Total
1.000 Pts ($3,200)
$0 Fees -
Neighbors Bank
NMLS ID: 491986Fees & Points Total
Pts ($0)
$0 Fees -
MortgageResearch.com
NMLS ID: Not a LenderFees & Points Total
Pts ($0)
$0 Fees -
FHAloans.com
NMLS ID: Not a LenderFees & Points Total
Pts ($0)
$0 Fees - 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 2023
General Bank Information
| FDIC Insured | Yes |
| FDIC Certificate | # 16026 |
| Date Established | 1921 |
| Assets | $ 6.90 billion |
| Loans | $ 4.37 billion |
| Deposits | $ 5.47 billion |
| Capital | $ 793.05 million |
Summary Balance Sheet as of June 30, 2023
| ASSETS | |
| Cash & Balances due from depository institutions | $ 200.01 million |
| Interest-bearing balances | $ 178.07 million |
| Total securities | $ 1,826.66 million |
| Federal funds sold and reverse repurchase | $ 64.37 million |
| Net loans and leases | $ 4.37 billion |
| Loan loss allowance | $ 30.96 million |
| Trading account assets | N.A. |
| Bank premises and fixed assets | N.A. |
| Other real estate owned | $ 0.04 million |
| Goodwill and other intangibles | $ 80.21 million |
| All other assets | $ 274.88 million |
| Total Assets | $ 6.10 billion |
| LIABILITIES | |
| Total deposits | $ 5.47 billion |
| Interest-bearing deposits | $ 4.95 billion |
| Deposits held in domestic offices | $ 5.47 billion |
| % insured (estimated) | 87.01% |
| Federal funds purchased and repurchase agreements | N.A. |
| Trading liabilities | N.A. |
| Other borrowed funds | $ 402.86 million |
| Subordinated debt | N.A. |
| All other liabilities | $ 114.65 millionn |
| Total Liabilities | $ 6.10 billion |
| Shareholders’ Equity | $ 793.05 million |
Summary Income Statement as of June 30, 2023
| INCOME AND EXPENSES | |
| Total Interest Income | $ 112.08 million |
| Total Interest Expense | $ 46.08 million |
| Net interest income | $ 66.00 million |
| Provision for loan and lease losses | N.A. |
| Total non interest income | $ 7.02 million |
| Total non interest expense | $ 53.24 million |
| Pre-tax Net Operating Income | $ 31.79 million |
Customer Reviews for Ridgewood Savings Bank
Branches
Click on location and enter new zip number to change.
Your current location is: Ashburn, VA
View Branches Statewide →
View Branches Nationwide →
Ridgewood Savings 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.
- 1ONLINE SAVINGSBank-$50,000N.A.3.45%19.94x (National Avg. - 0.17%)$0-SCENARIO
Year Rate
3.45%Annual
InterestAnnual Interest
(After Tax)1 50,000 1,725 1,208 2 51,725 1,785 1,249 3 53,510 1,846 1,292 4 55,356 1,910 1,337 5 57,265 1,976 1,383 6 59,241 2,044 1,431 7 61,285 2,114 1,480 8 63,399 2,187 1,531 9 65,586 2,263 1,584 10 67,849 2,341 1,639 11 70,190 2,422 1,695 12 72,612 2,505 1,754 13 75,117 2,592 1,814 14 77,708 2,681 1,877 15 80,389 2,773 1,941 16 83,162 2,869 2,008 17 86,032 2,968 2,078 18 89,000 3,070 2,149 19 92,070 3,176 2,223 20 95,247 3,286 2,300 TOTAL $48,533 $33,973 - 2ONLINE SAVINGSOnline Bank-$50,000N.A.4.35%25.14x (National Avg. - 0.17%)$0-SCENARIO
Year Rate
4.35%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,175 1,523 2 52,175 2,270 1,589 3 54,445 2,368 1,658 4 56,813 2,471 1,730 5 59,284 2,579 1,805 6 61,863 2,691 1,884 7 64,554 2,808 1,966 8 67,362 2,930 2,051 9 70,293 3,058 2,140 10 73,350 3,191 2,234 11 76,541 3,330 2,331 12 79,871 3,474 2,432 13 83,345 3,626 2,538 14 86,970 3,783 2,648 15 90,754 3,948 2,763 16 94,701 4,120 2,884 17 98,821 4,299 3,009 18 103,120 4,486 3,140 19 107,605 4,681 3,277 20 112,286 4,884 3,419 TOTAL $67,171 $47,019 - 3LOCAL SAVINGSBank-$50,000N.A.5.35%30.92x (National Avg. - 0.17%)$25,000-SCENARIO
Year Rate
5.35%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,675 1,873 2 52,675 2,818 1,973 3 55,493 2,969 2,078 4 58,462 3,128 2,189 5 61,590 3,295 2,307 6 64,885 3,471 2,430 7 68,356 3,657 2,560 8 72,013 3,853 2,697 9 75,866 4,059 2,841 10 79,925 4,276 2,993 11 84,201 4,505 3,153 12 88,705 4,746 3,322 13 93,451 5,000 3,500 14 98,451 5,267 3,687 15 103,718 5,549 3,884 16 109,267 5,846 4,092 17 115,113 6,159 4,311 18 121,271 6,488 4,542 19 127,759 6,835 4,785 20 134,594 7,201 5,041 TOTAL $91,795 $64,256
There are currently no comments for Ridgewood Savings Bank. Be the first to share your experience. Please provide comments that will help others.