PROVIDENT BANK
JERSEY CITY, NEW JERSEY · FDIC Cert #12010
Capital & Safety Analysis
According to FDIC financial data, PROVIDENT BANK holds a Tier 1 capital ratio of 10.81%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning PROVIDENT BANK has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
PROVIDENT BANK shows average financial health. While not alarming, its Health Score of 63/100 suggests some areas could be stronger. Your FDIC-insured deposits (up to $250,000) remain fully protected regardless.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
Frequently Asked Questions
PROVIDENT BANK has a Bank Health Score of C (63/100). It holds a Tier 1 capital ratio of 10.81%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
PROVIDENT BANK holds $24.1B in total assets and $18.5B in total deposits. It is located in JERSEY CITY, NEW JERSEY (FDIC Certificate #12010).
PROVIDENT BANK has a Tier 1 capital ratio of 10.81%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.36%, and the return on assets is 0.31%.
Yes. PROVIDENT BANK is FDIC-insured (Certificate #12010). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.