CFG Bank

Headquarters

11 W Ridgely Rd
Lutherville, MD 21093
See all branch locations →

ACH 052073519

Notable Rates	APY	Vs.Others
Savings	N.A.	4.60% →
1-Year CD	3.75%	4.59% →
2-Year CD	N.A.	4.00% →
5-Year CD	3.50%	4.00% →
30-Year Mortgage	N.A.	4.91% →
15-Year Mortgage	N.A.	4.39% →
HELOC	N.A.	0.99% →

BestCashCow has designated this bank as a local bank. However, it may also offer its products and services to customers outside of its local geography through its website.

Reviewed by richardw9 | January 30, 2025 |

I found CFG Bank while searching for high APYs and went with them since they consistently offers some of the best rates in the country. I’ve had a great experience with my personal money market account. Unlike other banks that only reward new customers, CFG keeps rates competitive. Glad I made the switch

Overview
Deposit Rates
Loan Rates
Branches
Climate
Financial Details
FAQs
Reviews

2025 Overview

General Bank Information

CFG Bank is an FDIC insured institution located in Lutherville, MD. It was founded in 1997 and has approximately $5.51 billion in assets. Customers can open an account at one of its 3 branches.


FDIC Insured	Yes
FDIC Certificate	# 34294
Date Established	1997
Assets	$ 5.51 billion
Loans	$ 3.68 billion
Deposits	$ 4.81 billion
Capital	$ 600.42 million

For a more detailed analysis of CFG Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - November 17, 2025

Your Current Location: New York, NY 10116

Savings and Money Market Rates	APY	MIN	MAX
ICS Money Market	3.35%	$250,000	-	Learn More Reviews
Money Market	3.90%	$1,000	-	Learn More Reviews

CD Rates	APY	MIN	MAX
12 Mo CD	3.75%	$500	-	Learn More Reviews
18 Mo CD	3.65%	$500	-	Learn More Reviews
36 Month CD	3.40%	$500	-	Learn More Reviews
60 Mo CD	3.50%	$500	-	Learn More Reviews

Int Checking Rates	APY	MIN	MAX
INTCK	2.00%	$50,000	-	Learn MoreShow Less

Loan Rates - November 17, 2025

Your Current Location: New York, NY 10116

There are currently no loan rates available for CFG Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - New York 30 Year Fixed Mortgage Rates 2025

Lender	APR	Rate (%)	Monthly Payment	Learn More
NMLS ID: 401822	0.000%	0.000% 0.00 points $0 fees	$0	Learn More
NMLS ID: 292473	5.893%	5.750% 1.00 points $5,006 fees	$1,868	Learn More
NMLS ID: 613839	6.120%	5.990% 0.75 points $4,460 fees	$1,917	Learn More
NMLS ID: 399799	6.124%	6.000% 1.00 points $4,432 fees	$1,919	Learn More

See More Mortgage Rates →

Featured - New York Home Equity Line Of Credit Rates 2025

Lender	APR (%)^?	Monthly Payment^?	Learn More
PenFed Credit Union See Table	0.000 %	$0	Learn More More Info
Interest-only payments during the 10-year draw period Loans Amounts from $25,000 - $500,000. Get a HELOC from PenFed to Put Your Home Equity to Work. HELOCs Can Offer Lower Rates Than Credit Cards or Personal Loans. Home Equity Line of Credit - Equal Housing Lender.
Figure Home Equity See Table	Intro APR 6.850 % After Intro: 6.850 %	$15,000	Learn More More Info
Available APRs range from 6.35% - 14.90%*, which includes the payment of a higher origination fee in exchange for a reduced interest rate, which is not available to all applicants or in all states.(the advertised APR includes a combined 0.25% discount for opting into a credit union membership (0%) and enrolling in autopay (0.25%) as well as payment of higher origination fee in exchange for a reduced rate, which is not available to all applicants or in all states). The lowest APRs are only available to the most qualified applicants, depending on credit profile and the state where the property is located, and those who also select five year loan terms; APRs will be higher for other applicants and those who select longer loan terms. Rates change frequently so your exact APR will depend on the date you apply. APRs for home equity lines of credit do not include costs other than interest. You will be responsible for an origination fee of up to 4.99% of your initial draw, depending on the state in which your property is located and your credit profile. You may also be responsible for paying the costs of valuation if an AVM is not available for your property ($180), manual notarization if your county doesn’t permit eNotary ($380), and recording fees ($0 - $315) and recording taxes, which vary by state and county ($0-$1,400 per one hundred thousand dollars borrowed). Property insurance is required as a condition of the loan and flood insurance may be required if your property is located in a flood zone. Flexible terms, borrow $15K-$750K, redraw up to 100% Use to consolidate debt or finance your next home project 100% digital app & automated valuation Largest non-bank HELOC lender in the US
Third Federal Savings and Loan See Table	Intro APR 6.990 % After Intro: 6.990 %	$0	Learn More More Info
Conditions… Variable APR of Prime minus 1.01% in all states. Min loan amount $10,000. Max loan amount $200,000. 30-year term. Annual fee waived for the first year. See conditions for guarantee at thirdfederal.com. Third Federal rate are typically 20% lower than other leaders Guaranteed Lowest Rate No closing costs, prepayment penalties, or minimum draw requirements 10 year draw period
Four Leaf Federal Credit Union See Table	Intro APR 5.990 % After Intro: 7.250 % Intro Period: 12 months	$25,000	Learn More More Info
Rates/terms are subject to change. All offers of credit are subject to credit approval. Applicants may be offered credit at higher rates and other terms. Property insurance (including flood insurance, if applicable) is required. HELOCs not offered in Texas. Membership at FourLeaf is required by opening a minimum $5 share account. Rates shown are based on primary residence, minimum initial draw of $25,000 at account opening, monthly payments via automatic transfers from a FourLeaf checking/savings account, and borrower(s) inputs for credit score and Combined Loan-to-Value. If borrower(s) qualifies for an intro rate, the intro APR is fixed for 12 months. After, standard APR is variable based on the U.S. Prime Rate, plus a margin, and is subject to increase. To obtain an intro rate, borrower(s) must meet credit/loan program requirements, including (but not limited to): 1) maximum CLTV of 75%, 2) minimum credit score of 720 3) initial draw of $25,000 and maintain this balance for 12 months, 4) monthly payments via automatic transfers from a FourLeaf checking/savings account, and 5) have not had an intro rate within the past 5 years. Loan amounts over $500,000 are not available for the intro rate. The standard APR is variable based on the U.S. Prime Rate as published in the Wall Street Journal, plus a margin (if applicable), and is subject to increase after consummation. The current standard APR ranges from 7.50% - 18.00% as of 4/16/2025. Not all applicants will qualify for the lowest rate. The minimum floor APR is 3.25% and maximum is 18%. Prime Rate as of 4/16/2025 = 7.50%. Closing costs for the first $500,000 will be paid by FourLeaf but must be repaid by the borrower(s) if the HELOC is closed within first 36 months of account opening. Fees generally range between $500 - $15,000. Borrower(s) will be responsible for mortgage-related taxes and title insurance costs on the line amounts over $500,000. Fees generally range between $500 -$60,000. Tap into your home's equity & access the funds you need with a HELOC Apply online or speak with a specialist No application, origination & appraisal fees on lines up to $500K[3] On average, access funds within 35 days[5]

See More Home Equity Rates →

Note to CFG Bank
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Branches

CFG Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
New York City,New York

CFG Bank Locations around zip code 10116

Branch	Distance	Map	View Lobby Hours
Cfg Community Bank	164.60	A	View Lobby Hours
Baltimore Branch	169.12	B	View Lobby Hours
Annapolis Branch	179.67	C	View Lobby Hours

View Branches Nationwide →

Climate Policy and Initiatives

CFG Bank is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

Climate Score: Pending

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Financial Details

CFG Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of CFG Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio

CFG Bank	U.S. Bank Average
36.4%	5.56%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2025, CFG Bank had $178,948,000 in non-current loans and $60,924,000 in owned real estate. To cover these potential losses it had $600,419,000 in equity and $58,598,000 in loans loss reserves. That gives it a Texas Ratio of 36.4%.

Return on Equity

CFG Bank	U.S. Bank Average
11.87%	11.32%

CFG Bank has a Return on Equity of 11.87% versus the BestCashCow average of 11.32%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization

CFG Bank	U.S. Bank Average
10.89%	11.41%

CFG Bank has a Capitalization of 10.89% versus the BestCashCow average of 11.41. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

CFG Bank Balance Sheet Analysis

As of June 30, 2025, CFG Bank had assets of $5,511,500,000, loans of $3,679,747,000, and deposits of $4,812,300,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

June 30, 2025

ASSETS
Cash & Balances due from depository institutions	$ 381.16 million
Interest-bearing balances	$ 363.60 million
Total securities	$ 1,123.81 million
Federal funds sold and reverse repurchase	N.A.
Net loans and leases	$ 3.68 billion
Loan loss allowance	$ 58.60 million
Trading account assets	N.A.
Bank premises and fixed assets	N.A.
Other real estate owned	$ 60.92 million
Goodwill and other intangibles	$ 59.54 million
All other assets	$ 39.56 million
Total Assets	$ 4.91 billion

LIABILITIES
Total deposits	$ 4.81 billion
Interest-bearing deposits	$ 4.30 billion
Deposits held in domestic offices	$ 4.81 billion
% insured (estimated)	85.15%
Federal funds purchased and repurchase agreements	N.A.
Trading liabilities	N.A.
Other borrowed funds	$ 162.37 million
Subordinated debt	N.A.
All other liabilities	$ 25.56 million
Total Liabilities	$ 4.91 billion
Shareholders’ Equity	$ 600.42 million

Summary Income Statement

June 30, 2025

INCOME AND EXPENSES
Total Interest Income	$ 199.74 million
Total Interest Expense	$ 88.61 million
Net interest income	$ 111.14 million
Provision for loan and lease losses	$ 15.77 million
Total non interest income	$ 21.07 million
Total non interest expense	$ 69.97 million
Pre-tax Net Operating Income	$ 46.75 million

Bank Loan Profile^?

The top three loan types in CFG Bank’s loan portfolio are Commercial Real Estate, Multifamily Mortgages, and Commercial and Industrial Loans.

Compared to other banks in Maryland, CFG Bank has a significantly higher percent of Multifamily Mortgages on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

	% Loans	% Comparison to Other Banks
		Low	Med	High
1-4 Family Residential Loans	0.78	✓
Multifamily Mortgages	20.01			✓
Credit Card Loans	0.00	✓
Consumer Auto Loans	0.00	✓
Small Business Loans	0.60	✓
Construction and Development Loans	2.13		✓
Commercial Real Estate	30.57		✓
Commercial and Industrial Loans	16.56		✓
Farm Loans	0.00	✓

Customer Reviews for CFG Bank (61)

richardw9

January 30, 2025 |

I found CFG Bank while searching for high APYs and went with them since they consistently offers some of the best rates in the country. I’ve had a great experience with my personal money market account. Unlike other banks that only reward new customers, CFG keeps rates competitive. Glad I made the switch

Is this review helpful? Yes:0 / No: 0
TJK

September 30, 2023 |

CFG overs very competitive Interest rates on their High Yield Savings account.
I did everything ONLINE and have not had any issues with their service.

Is this review helpful? Yes:2 / No: 0
Demon1965

May 3, 2023 |

30-year USAA member that consistently earned .01% interest on savings. Took son's advice and transferred funds to CFG. On $100k I earned $0.63 monthly with USAA - whereas CFG shares the wealth and I earn $400+. Satisfied customer.

Is this review helpful? Yes:2 / No: 0
DaveF150

April 11, 2023 |

No problem with phoning the bank. It can take 5 to 10 days for the wire transfer, since CFG first makes 2 small deposits into your account to verify the Routing Number and account number YOU provide is valid. That itself can take 2 business days. Then depending on when YOU check your email and recieve a secure link from CFG, you must confirm the small amounts (2) (.28 and .87) prior too, the transfer of funding amount (10K) in my case. Easy to follow web site, just read every word, Safe and Secure.

Is this review helpful? Yes:3 / No: 0
YTR

March 27, 2023 |

Online Savings Rates

CFG is an outstanding bank, and now rate is over 5%!

Is this review helpful? Yes:3 / No: 1

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CFG Bank

2025 Overview

General Bank Information

Deposit Rates - November 17, 2025

Loan Rates - November 17, 2025

Featured - New York 30 Year Fixed Mortgage Rates 2025

Featured - New York Home Equity Line Of Credit Rates 2025

Branches

CFG Bank Locations around zip code 10116

Climate Policy and Initiatives

Add Your Review

Financial Details

CFG Bank Ratio Analysis

Texas Ratio

Return on Equity

Capitalization

CFG Bank Balance Sheet Analysis

Summary Balance Sheet

Summary Income Statement

Bank Loan Profile?

Customer Reviews for CFG Bank (61)

richardw9

TJK

Demon1965

DaveF150

YTR

Add Your Review

Bank Loan Profile^?