Bank · FDIC insured
ABACUS FEDERAL SAVINGS BANK
A $320.7M bank headquartered in New York, NY, with 5 branches in 3 states.
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About ABACUS FEDERAL SAVINGS BANK
Abacus Federal Savings Bank was founded in December 1984 by Chinese community business leaders in New York City to provide financial services to immigrants and local residents of lower Manhattan.
The bank operates 6 branches across New York, New Jersey, and Pennsylvania, providing residential and commercial real estate loans, deposit services, safe deposit boxes, life insurance, and annuities.
- Headquarters
- 6 Bowery, New York, NY 10013
- FDIC certificate
- 32257 ↗
Branches
5 branches in 3 states
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New York
3 branches
- Abacus Federal Savings BankMain office6 Bowery, New York, NY 10013Directions
- Brooklyn Branch4824 8th Ave, Brooklyn, NY 11220Directions
- Flushing Branch3630 Main St, Flushing, NY 11354Directions
New Jersey
1 branch
- Edison Branch869 U.S. Route 1 South, Edison, NJ 08817Directions
Pennsylvania
1 branch
- Philadelphia Branch147 N 10th St # 151, Philadelphia, PA 19107Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 16.32% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.47% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 0.27% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $95 | $81 | — |
- CapitalLeverage ratio16.32%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.47%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets0.27%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$95Peers’ middle $81
Compared with the 2,650 banks with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of ABACUS FEDERAL SAVINGS BANK are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.