New York – New York – New York City
(N) Commercial bank, federal charter & Fed member
active
www.modernbank.com
New York
New York
New York City
(N) Commercial bank, federal charter & Fed member
active
22398
1977
FDIC Certificate Number: 22398
FDIC's unique number: 15599
The FDIC Field Office where an institution is physically located: New York City
Federal Reserve ID Number: 2398701
Report Date: 2011-06-30
Bank Charter Class: N
OCC Charter Number: 16629
Number of Domestic Offices: 3
Number of Foreign Offices: 0
The date of the last data update: 2009-01-13
1977-01-01 Institution established. Original name: Union Chelsea National Bank.
1977-01-01 Acquired Chelsea National Bank in New York City, New York.
1997-03-01 Acquired Excel Bank, National Association in New York City, New York.
1997-03-01 Changed name to Excel Bank, National Association .
2005-12-27 Moved bank headquarters from New York City, New York to New York, New York.
2005-12-27 Changed name to Modern Bank, National Association .
Total assets: $576,504,000
Total deposits: $477,798,000
Deposits held in domestic offices: $473,475,000
Equity capital: $56,029,000
Net income: $1,005,000
Return on Assets: 0.36
Return on Equity: 3.81
Last updated on: 2011-10-20
Bank Holding Company: Modern Bank Management Llc
Modern Bank, National Association - Messenger Service
Modern Bank, National Association - Miami Adminstrative Branch
Modern Bank, National Association - Modern Bank, National Associ
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Profile ID: LFUS-BAB-P-24381