This institution is no longer active

Operations ceased on April 28, 2025. CRA examination history below reflects the period it was active.

NVE BANK

ENGLEWOOD, NJ · Supervised by FDIC

Est. 1887FDIC #29,875RSSD: FDIC-29875

Part ofNVE BCORP MHC→ View all charters

Satisfactory Same

Current rating · Exam: November 2023

CompareWatch

At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Strong

ROA 1.37%

Is this bank safe?

NVE BANK holds a Satisfactory CRA rating (2023), is financially strong (ROA +1.37%). Overall, this bank appears financially sound.

Institution Profile

FDIC BankFind

Address

76 Engle St, ENGLEWOOD, NJ

County

Bergen County

Established

January 1, 1887

Total Assets

$645M(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Satisfactory

Meets federal requirements for community lending

Exam Date

November 1, 2023

Exam Type

Intermediate Small Bank

Regulator

FDIC

What is a CRA rating? →

Estimated next exam:Nov 2027(based on asset size)

Financial Snapshot

As of Q1 2025Call Report / FDIC

Total Assets

$645M

Total Deposits

$408M

Net Loans

$358M

Net Income

$2M

ROA

1.37%

Above avg for Small banks. Peer avg: 0.44%

ROE

6.95%

Risk-Based Capital

40.70%

Above avg for Small banks. Regulatory min: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

Peer Comparison

Small banks

Compared to the peer-bank Small peer group (same asset tier).

ROA1.37%Peer avg: 0.44%▲ Above avg

Risk-Based Capital40.70%Peer avg: 23.03%▲ Above avg

Mortgage Denial Rate18.07%Peer avg: 6.90%▲ More than avg

Unlock peer list → See which specific banks are in this peer group.

Mortgage Lending

CFPB HMDA

Year	Applications	Orig. Rate	Denial Rate
2024	83	48.19%	18.07%
2023	79	58.23%	15.19%
2022	151	62.25%	11.26%
2021	217	60.83%	7.83%
2020	210	50.95%	11.43%
2019	217	49.31%	18.89%
2018	308	57.14%	13.96%

Denial rate = denials ÷ total applications. 2024 national avg: 23.75% · Small bank avg: 6.90% · above-average shown in red

Rating History

CRA / FFIEC

Exam Date	Rating	Exam Type
Nov 2023	Satisfactory	Intermediate Small Bank
Dec 2020	Satisfactory	Intermediate Small Bank
Nov 2017	Satisfactory	Intermediate Small Bank

7 previous ratings locked — back to 1997

Unlock full CRA history, HMDA, financials, complaints CSVs, and PDF links for this bank.

orGet Business plan for unlimited access

One-time payment · No subscription required

Rating Over Time

🔒 Locked

OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance

Exam dates and details are paywalled

Embed this rating

Copy this snippet to embed a live rating badge on your website:

<iframe
  src="https://bankscorer.com/widget/bank/nve-bank"
  width="320"
  height="80"
  frameborder="0"
  scrolling="no"
  style="border:none"
></iframe>

Updates automatically when the rating changes.

Preview: