Abacus Federal Savings Bank
Chartered Bank Active FDIC Insured
Health Score
5.1 / 10
6 Bowery, New York, NY 10013
Financial Overview
Total Assets $319.3M
Total Deposits $257.6M
Profitability (ROA) 0.24%
Shareholder Return (ROE) 1.34%
Capital Cushion (Eq/Assets) 17.84%
Established 11/29/1984
Risk & Growth Profiles
✓ Clean Regulatory Record
No recent history of FDIC conservatorship or financial failure.
Deposit Momentum
$51.5M avg deposits per branch.
Measures how much capital the bank holds against its physical footprint. A higher ratio indicates a highly liquid, lower-overhead lending profile.
Operations & Contact
Contact
Website: www.abacusbank.com
FDIC Certificate #: 32257
Specialization: Mortgage Lending Specialization