The Berkshire Bank

Branches

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The Berkshire Bank Locations

Rates - April 5, 2020

Your current location is: New York, NY

CD RATES APY MIN MAX
3 Mo CD
0.25% $10,000 $499,999 Compare
6 Mo CD
1.01% $10,000 $499,999 Compare
Special: 12 Mo CD
1.05% $10,000 $499,999 Compare
12 Mo CD
1.05% $10,000 $499,999 Compare
18 Mo CD
1.01% $10,000 $499,999 Compare
24 Mo CD
1.01% $10,000 $499,999 Compare
36 Mo CD
0.90% $10,000 $499,999 Compare
SAVINGS RATES APY MIN MAX
Savings
0.20% $300 $9,999 Compare
MM RATES APY MIN MAX
Money Market
0.10% $2,500 $19,999 Compare
Money Market
1.60% $20,000 - Compare
FIXED IRA RATES APY MIN MAX
Fixed IRA
0.30% $1,000 $9,999
Special: 12 Mo FIRA
1.05% $10,000 $499,999
INT CHECKING RATES APY MIN MAX
Int Ckg
0.30% $1,500 $24,999

Overview 2020

General Bank Information

FDIC Insured Yes
FDIC Certificate # 27503
Date Established 1989
Assets $0.64 billion
Loans $0.37 billion
Deposits $0.51 billion
Capital $0.12 billion

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $0.09 billion
Interest-bearing balances $0.09 billion
Total securities $0.17 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.37 billion
Loan loss allowance $0.01 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.01 billion
     Total Assets $0.52 billion

LIABILITIES
Total deposits $0.51 billion
      Interest-bearing deposits $0.41 billion
      Deposits held in domestic offices $0.51 billion
      % insured (estimated) 67.09%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.01 billion
      Total Liabilities $0.52 billion
      Shareholders’ Equity $0.12 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $0.02 billion
Total Interest Expense $0.00 billion
Net interest income $0.02 billion
Provision for loan and lease losses $-0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.01 billion
Pre-tax Net Operating Income $0.01 billion

The Berkshire Bank is an FDIC insured institution headquartered at 4 East 39th Street, New York, NY 10016.
It was founded in 1989 and has approximately $1 billion in assets. Customers can open an account at one of its 12 branches.