Lusitania Savings Bank is a bank based in Newark, New Jersey, established in 1995, with $411 million in total assets across 4 branches. By Trust Grade it ranks 22nd of 50 banks we track in New Jersey. Its capital ratio of 14.5% is stronger than 88% of similarly sized banks, versus a New Jersey median of 11.3%. It was profitable over the most recent period, with a 0.48% return on assets. No consumer complaints against Lusitania Savings Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Lusitania Savings Bank compares to New Jersey peers
How we graded Lusitania Savings Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (14.5% capital ratio)
- Profitable (ROA 0.48%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Lusitania Savings Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (4)
- 210 Ferry St, Newark, NJ 07105
- 302 Frank E Rodgers Blvd N, Harrison, NJ 07029
- 1135 Liberty Ave, Hillside, NJ 07205
- 107 Pulaski St, Newark, NJ 07105
Are deposits at Lusitania Savings Bank insured?
Yes. Lusitania Savings Bank is an FDIC-insured bank (FDIC certificate #34058). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Lusitania Savings Bank: frequently asked questions
Is Lusitania Savings Bank a good bank?
Lusitania Savings Bank earns a Bankzia Trust Grade of A (94/100, "Excellent"), based on a financial-strength score of 94/100 (it has no CFPB complaints on record). Strongly capitalized (14.5% capital ratio); Profitable (ROA 0.48%).
Is Lusitania Savings Bank FDIC-insured?
Yes. Lusitania Savings Bank is a FDIC-insured bank (FDIC certificate #34058). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Lusitania Savings Bank?
Lusitania Savings Bank holds $411 million in total assets, ranking 22nd of 50 banks we track in New Jersey. It operates 4 branches.
Does Lusitania Savings Bank have CFPB complaints?
No CFPB complaints against Lusitania Savings Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
