Safest Banks in New York 2026
New York has 130 FDIC-insured banks with an average Bank Health Score of 71/100 (B). The safest bank is Mizuho Bank USA with a score of 100/100.
Data from FDIC Q2 2024
Top 20 of 130 Banks in New York
| # | Bank | City | Grade | Score | Tier 1 Capital | NPL Ratio |
|---|---|---|---|---|---|---|
| 1 | Mizuho Bank USA | New York | A | 100 | 23.00% | 0.00% |
| 2 | Bessemer Trust Co NA | New York | A | 100 | 21.81% | 0.00% |
| 3 | Alpine Capital Bank | New York | A | 100 | 57.19% | 0.00% |
| 4 | Emigrant Mercantile Bank | New York | A | 100 | 425.61% | 0.00% |
| 5 | Gs&L Municipal Bank | Gouverneur | A | 100 | 152.56% | 0.00% |
| 6 | Pioneer Commercial Bank | Albany | A | 99 | 56.09% | 0.00% |
| 7 | Safra Nb of New York | New York | A | 98 | 27.23% | 0.01% |
| 8 | Generations Commercial Bank | Seneca Falls | A | 98 | 226.87% | 0.00% |
| 9 | Bank of Millbrook | Millbrook | A | 97 | 23.08% | 0.42% |
| 10 | Fulton Savings Bank | Fulton | A | 96 | 53.03% | 0.65% |
| 11 | Bank of Greene County | Catskill | A | 95 | 15.86% | 0.25% |
| 12 | Morgan Stanley Private Bk NA | Purchase | A | 95 | 26.91% | 0.29% |
| 13 | Bank of Richmondville | Cobleskill | A | 94 | 25.84% | 0.28% |
| 14 | Greene Cnty Commercial Bank | Catskill | A | 94 | 49.50% | 0.00% |
| 15 | Deutsche Bank Tr Co Americas | New York | A | 94 | 52.76% | 0.70% |
| 16 | Adirondack Trust Co | Saratoga Springs | A | 94 | 15.10% | 0.25% |
| 17 | Community FSB | Woodhaven | A | 93 | 24.23% | 1.12% |
| 18 | Amalgamated Bank | New York | A | 93 | 14.34% | 0.80% |
| 19 | Bank of New York Mellon | New York | A | 93 | 16.14% | 0.58% |
| 20 | M Y Safra Bank FSB | New York | A | 92 | 19.41% | 0.00% |
Bank Health Scores for New York are calculated from FDIC Call Report data including Tier 1 capital ratios, nonperforming loan ratios, liquidity ratios, and return on assets.
Frequently Asked Questions
Based on our Bank Health Score analysis of FDIC data, Mizuho Bank USA in New York is currently the safest bank in New York with a score of 100/100 (Grade A).
New York has 130 FDIC-insured banks with a combined $1.9T in total assets. The average Bank Health Score across the state is 71/100.
The Bank Health Score (0-100) is based on four FDIC-reported metrics: Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%). Higher scores indicate stronger financial health.
Bank Health Scores are computed from quarterly FDIC Call Report data. Tier 1 capital ratio (35%), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).