Bank · FDIC insured
Bogota Savings Bank
Top CarrotA $871.8M bank headquartered in Teaneck, NJ, with 7 branches in New Jersey. Best rates: CDs 4.25% and savings 2.02% APY.
Bogota Savings Bank Carrot Score
Carrot ScoreTop Carrot
Higher than 78% of U.S. banks and credit unions
#36 of 161 in New York, NY-NJ metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Bogota Savings Bank
Founded in 1893 in Bergen County, Bogota Savings Bank began when businessman William Smith established Bogota Building and Loan to provide local banking services for Bogota Paper Mills employees.
The institution became Bogota Savings and Loan Association in 1941, transitioned to a state mutual in 1996 as Bogota Savings Bank, and merged with Gibraltar Bank in 2021.
Today, Bogota Savings Bank operates over 7 branch locations across New Jersey.
- Headquarters
- 819 Teaneck Rd, Teaneck, NJ 07666
- FDIC certificate
- 29941 ↗
Branches
7 branches in New Jersey
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New Jersey
7 branches
- Bogota Savings BankMain office819 Teaneck Rd, Teaneck, NJ 07666Directions
- Bogota Branch60 E Main St, Bogota, NJ 07603Directions
- Hasbrouck Heights Branch181 Boulevard, Hasbrouck Heights, NJ 07604Directions
- 1039 So Orange Ave Branch1039 S Orange Ave, Newark, NJ 07106Directions
- 5527 Berkshire Valley Road Branch5527 Berkshire Valley Rd, Oak Ridge, NJ 07438Directions
- Gibraltar Parsippany Branch1719 Route 10, Parsippany, NJ 07054Directions
- Usr Branch558 E Crescent Ave, Upper Saddle River, NJ 07458Directions
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 | 15.54% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 4.30% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 0.29% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $111 | $81 | — |
- CapitalLeverage ratio15.54%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent4.30%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets0.29%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$111Peers’ 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 Bogota Savings Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.