This institution is no longer active

Operations ceased on April 1, 2020. CRA examination history below reflects the period it was active.

ROSELLE BANK

ROSELLE, NJ · Supervised by FDIC

Est. 1889FDIC #28,567RSSD: FDIC-28567

Part ofRSB BCORP MHC→ View all charters

Satisfactory Same

Current rating · Exam: November 2019

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At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Needs Attention

ROA -5.44%

Is this bank safe?

ROSELLE BANK holds a Satisfactory CRA rating (2019), shows financial metrics that merit closer review (ROA -5.44%). Consumers may want to review the details below before banking here.

Institution Profile

FDIC BankFind

Address

235 Chestnut St, ROSELLE, NJ

County

Union County

Established

January 1, 1889

Total Assets

$422M(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, 2019

Exam Type

Intermediate Small Bank

Regulator

FDIC

What is a CRA rating? →

⚠️This exam is 6 years old — CRA data may not reflect current lending practices. Regulators typically re-examine banks every 2–4 years.

Estimated next exam:Overdue(based on asset size)

Financial Snapshot

As of Q1 2020Call Report / FDIC

Total Assets

$422M

Total Deposits

$332M

Net Loans

$173M

Net Income

$-5,821K

ROA

-5.44%

Below avg for Small banks. Peer avg: 0.44%

ROE

-42.63%

Risk-Based Capital

30.37%

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).

ROA-5.44%Peer avg: 0.44%▼ Below avg

Risk-Based Capital30.37%Peer avg: 23.03%▲ Above avg

Mortgage Denial Rate8.11%Peer avg: 6.90%▲ More than avg

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Mortgage Lending

CFPB HMDA

Year	Applications	Orig. Rate	Denial Rate
2020	37	78.38%	8.11%
2019	166	56.02%	10.24%
2018	229	56.77%	14.41%

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 2019	Satisfactory	Intermediate Small Bank
Mar 2017	Satisfactory	Large Bank
Nov 2014	Needs to Improve	Large Bank

8 previous ratings locked — back to 1995

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Rating Over Time

🔒 Locked

OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance

Exam dates and details are paywalled

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