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This institution is no longer active

Operations ceased on May 26, 2021. CRA examination history below reflects the period it was active.

SAVOY BANK

NEW YORK, NY · Supervised by FDIC

Est. 2008FDIC #58,641RSSD: FDIC-58641
Satisfactory

Current rating · Exam: April 2019

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Institution Profile

FDIC BankFind

Address

600 5th Ave, NEW YORK, NY

County

New York County

Established

January 15, 2008

Total Assets

$692M(latest call report)

Financial Snapshot

As of Q1 2021Call Report / FDIC

Total Assets

$692M

Total Deposits

$365M

Net Loans

$592M

Net Income

$3M

ROA

1.88%

ROE

25.57%

Risk-Based Capital

16.66%

Total Assets — Last 8 Quarters

Total AssetsROA

Current Examination

CRA / FFIEC

Overall Rating

Satisfactory

Exam Date

April 1, 2019

Exam Type

Small Bank

Regulator

FDIC

Rating History

CRA / FFIEC

2 previous ratings locked — dating back to 2010

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Rating Over Time

🔒 Locked
OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance
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