Blue Foundry Bank is a bank based in Rutherford, New Jersey, established in 1939, with $2.1 billion in total assets across 21 branches. By Trust Grade it ranks 44th of 50 banks we track in New Jersey. Its capital ratio of 13.1% is stronger than 85% of similarly sized banks, versus a New Jersey median of 11.3%. It posted a loss over the most recent period (-0.96% return on assets), a point to watch. No consumer complaints against Blue Foundry Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Blue Foundry Bank compares to New Jersey peers
How we graded Blue Foundry Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (13.1% capital ratio)
- Unprofitable over the period (ROA -0.96%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Blue Foundry Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (21)
- 4 E Ramapo Ave, Mahwah, NJ 07430
- 753 Ridge Rd, Lyndhurst, NJ 07071
- 280 Union Ave, Rutherford, NJ 07070
- 250 W Passaic St, Rochelle Park, NJ 07662
- 319 Franklin Ave, Wyckoff, NJ 07481
- 60 Beaverbrook Rd, Lincoln Park, NJ 07035
- 440 Hillsdale Ave, Hillsdale, NJ 07642
- 102 Kingsland Rd, Clifton, NJ 07014
- 217 Rock Rd, Glen Rock, NJ 07452
- 19 Park Ave, Rutherford, NJ 07070
- 209 Ridgedale Ave, Florham Park, NJ 07932
- 448 Main Rd, Towaco, NJ 07082
- 222 Ridgewood Ave, Glen Ridge, NJ 07028
- 235 E Ridgewood Ave, Ridgewood, NJ 07450
- 123 Montgomery St, Jersey City, NJ 07302
- 453 Main St, Chatham, NJ 07928
- 19 Park Ave, Rutherford, NJ 07070
- 334 Washington St, Hoboken, NJ 07030
- 150 River St, Hackensack, NJ 07601
- 1011b Morris Ave, Union, NJ 07083
- 100 South Washington Ave., Dunellen, NJ 08812
Are deposits at Blue Foundry Bank insured?
Yes. Blue Foundry Bank is an FDIC-insured bank (FDIC certificate #30052). 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.
Blue Foundry Bank: frequently asked questions
Is Blue Foundry Bank a good bank?
Blue Foundry Bank earns a Bankzia Trust Grade of B (81/100, "Strong"), based on a financial-strength score of 81/100 (it has no CFPB complaints on record). Strongly capitalized (13.1% capital ratio); Unprofitable over the period (ROA -0.96%).
Is Blue Foundry Bank FDIC-insured?
Yes. Blue Foundry Bank is a FDIC-insured bank (FDIC certificate #30052). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Blue Foundry Bank?
Blue Foundry Bank holds $2.1 billion in total assets, ranking 44th of 50 banks we track in New Jersey. It operates 21 branches.
Does Blue Foundry Bank have CFPB complaints?
No CFPB complaints against Blue Foundry 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.
