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Alma Bank

Astoria, NY · Est. 2007 · Website ↗
A
Trust Grade
Excellent
Score: 95/100

Alma Bank is a bank based in Astoria, New York, established in 2007, with $1.5 billion in total assets across 13 branches. By Trust Grade it ranks 52nd of 118 banks we track in New York. Its capital ratio of 10.1% trails most similarly sized banks (47th percentile), versus a New York median of 10.4%. It was profitable over the most recent period, with a 0.62% return on assets. No consumer complaints against Alma 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
$1.5B
$1B–10B institution
Deposits
$1.3B
Branches
13
Capital ratio
10.1%
Bottom 47% of $1B–10B peers · New York median 10.4%
Return on assets
0.6%
Bottom 13% of $1B–10B peers · New York median 0.84%
Rank in New York
#52
of 118 banks

How Alma Bank compares to New York peers

Capital ratio
Bottom 47% of $1B–10B peers
Alma Bank
10.1%
New York median
10.4%
Higher capital ratio = stronger financial cushion
Return on assets
Bottom 13% of $1B–10B peers
Alma Bank
0.6%
New York median
0.8%
Higher ROA = more profitable relative to asset base

How we graded Alma Bank

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

Financial strength
95/100
Customer experience
n/a
Overall
A · 95
  • Strongly capitalized (10.1% capital ratio)
  • Profitable (ROA 0.62%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

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

Branch locations (13)

  • 2831 31st St, Astoria, NY 11102
  • 8424 5th Ave, Brooklyn, NY 11209
  • 4102 Broadway, Astoria, NY 11103
  • 1218 Kings Hwy, Brooklyn, NY 11229
  • 2820 Ditmars Blvd, Astoria, NY 11105
  • 1023 Avenue Of Americas, New York, NY 10018
  • 1705 Crosby Ave, Bronx, NY 10461
  • 20 W Railroad Ave, Tenafly, NJ 07670
  • 1589 Palisade Ave, Fort Lee, NJ 07024
  • 1133 Main Ave, Clifton, NJ 07011
  • 4401 13th Ave, Brooklyn, NY 11219
  • 19603 Northern Blvd, Flushing, NY 11358
  • 805 Port Washington Boulevard, Port Washington, NY 11050

Are deposits at Alma Bank insured?

Yes. Alma Bank is an FDIC-insured bank (FDIC certificate #58424). 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.

Alma Bank: frequently asked questions

Is Alma Bank a good bank?

Alma Bank earns a Bankzia Trust Grade of A (95/100, "Excellent"), based on a financial-strength score of 95/100 (it has no CFPB complaints on record). Strongly capitalized (10.1% capital ratio); Profitable (ROA 0.62%).

Is Alma Bank FDIC-insured?

Yes. Alma Bank is a FDIC-insured bank (FDIC certificate #58424). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is Alma Bank?

Alma Bank holds $1.5 billion in total assets, ranking 52nd of 118 banks we track in New York. It operates 13 branches.

Does Alma Bank have CFPB complaints?

No CFPB complaints against Alma 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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