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Bogota Savings Bank

Teaneck, NJ · Est. 1893 · Website ↗
A
Trust Grade
Excellent
Score: 92/100

Bogota Savings Bank is a bank based in Teaneck, New Jersey, established in 1893, with $875 million in total assets across 10 branches. By Trust Grade it ranks 31st of 50 banks we track in New Jersey. Its capital ratio of 15.0% is stronger than 90% of similarly sized banks, versus a New Jersey median of 11.3%. It was profitable over the most recent period, with a 0.29% return on assets. No consumer complaints against Bogota Savings Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$875.2M
$100M–1B institution
Deposits
$607.3M
Branches
10
Capital ratio
15.0%
Top 10% of $100M–1B peers · New Jersey median 11.3%
Return on assets
0.3%
Bottom 8% of $100M–1B peers · New Jersey median 0.67%
Rank in New Jersey
#31
of 50 banks

How Bogota Savings Bank compares to New Jersey peers

Capital ratio
Top 10% of $100M–1B peers
Bogota Savings
15.0%
New Jersey median
11.3%
Higher capital ratio = stronger financial cushion
Return on assets
Bottom 8% of $100M–1B peers
Bogota Savings
0.3%
New Jersey median
0.7%
Higher ROA = more profitable relative to asset base

How we graded Bogota Savings Bank

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
92/100
Customer experience
n/a
Overall
A · 92
  • Strongly capitalized (15.0% capital ratio)
  • Profitable (ROA 0.29%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Bogota Savings Bank over the analysis window. For a smaller institution this is common and counts in its favor.

Branch locations (10)

  • 1039 S Orange Ave, Newark, NJ 07106
  • 60 E Main St, Bogota, NJ 07603
  • 819 Teaneck Rd, Teaneck, NJ 07666
  • 1719 Route 10, Parsippany, NJ 07054
  • 655 Pomander Walk, Teaneck, NJ 07666
  • 819 Teaneck Rd, Teaneck, NJ 07666
  • 5527 Berkshire Valley Rd, Oak Ridge, NJ 07438
  • 181 Boulevard, Hasbrouck Heights, NJ 07604
  • 558 E Crescent Ave, Upper Saddle River, NJ 07458
  • 558-572 East Crescent Avenue, Upper Saddle River, NJ 07458

Are deposits at Bogota Savings Bank insured?

Yes. Bogota Savings Bank is an FDIC-insured bank (FDIC certificate #29941). 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.

Bogota Savings Bank: frequently asked questions

Is Bogota Savings Bank a good bank?

Bogota Savings Bank earns a Bankzia Trust Grade of A (92/100, "Excellent"), based on a financial-strength score of 92/100 (it has no CFPB complaints on record). Strongly capitalized (15.0% capital ratio); Profitable (ROA 0.29%).

Is Bogota Savings Bank FDIC-insured?

Yes. Bogota Savings Bank is a FDIC-insured bank (FDIC certificate #29941). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is Bogota Savings Bank?

Bogota Savings Bank holds $875 million in total assets, ranking 31st of 50 banks we track in New Jersey. It operates 10 branches.

Does Bogota Savings Bank have CFPB complaints?

No CFPB complaints against Bogota Savings Bank appear in our data over the analysis window, which is typical for a bank of this size.

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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.

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