Bank · FDIC insured
The Berkshire Bank
A $530M bank headquartered in New York, NY, with 7 branches in New York. Best rates: CDs 3.30% and savings 0.50% APY.
The Berkshire Bank Carrot Score
66
Carrot Score
Higher than 16% of U.S. banks and credit unions
#129 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 The Berkshire Bank
The Berkshire Bank is an independent, locally managed, New York State-chartered commercial bank.
Traced to the 1871 founding of Goshen Savings Bank, the institution grew through its acquisition and merger of Goshen Bank and has operated New York City branches for 30 years.
- Headquarters
- 4 E 39th St, New York, NY 10016
- FDIC certificate
- 27503 ↗
Branches
7 branches in New York
Loading map…
New York
7 branches
New York area · 5
- The Berkshire BankMain office4 E 39th St, New York, NY 10016Directions
- 16th Avenue Branch4917 16th Ave, Brooklyn, NY 11204Directions
- 5 Broadway Branch5 Broadway, New York, NY 10004Directions
- Washington Heights Branch210 Pinehurst Ave, New York, NY 10033Directions
- Brooklyn Branch5010 13th Avenue, New York City, NY 11219Directions
Kiryas Joel area · 2
- Goshen Savings Bank Branch2 S Church St, Goshen, NY 10924Directions
- Harriman Branch80 Route 17m, Harriman, NY 10926Directions
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 | 24.16% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 12.68% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 0.53% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $36 | $81 | — |
- CapitalLeverage ratio24.16%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent12.68%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets0.53%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$36Peers’ 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 The Berkshire Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.