About Apple Bank
Apple Bank’s mission is to provide personalized financial guidance and value-based financial services that empower you to thrive throughout all of life’s milestones.
For over 160 years, Apple Bank has been committed to supporting individuals, families, and regional businesses achieve their aspirations while actively giving back to the communities we serve.
Apple Bank’s culture is centered around you and your unique financial journey. At Apple Bank we get to know you, what you care about and welcome you to the Apple Bank family.
Apple Bank at a Glance
- 75+ Neighborhood Branches in NY & NJ
- 100% NY-based operations & contact center
- $19 Billion in Assets
- Established in 1863
- Largest State-Chartered Savings Bank in NY
Explore how we support our customers, communities and employees.
Solutions
Apple Bank cares about customers.
Originally founded in Harlem with the fundamental objective of serving the banking and lending needs of the local community, we are proud to say that, 160+ years later, this is still the very heart of what we do.
Apple Bank provides flexible, affordable banking and credit services designed to accommodate the evolving needs of individuals and area businesses. We offer checking with low or no monthly maintenance fees, high-yield savings, CDs, kids savings accounts and more, along with convenient mobile banking and digital tools that help you manage your money.
BasicValue Checking® is certified as meeting Bank On National Account Standards for safe and affordable bank accounts.
Commitment
Apple Bank believes in the importance of neighborhood banking.
As the banking industry becomes increasingly centralized and digitally-focused, we remain committed to our tradition of providing in-person customer service and banking in addition to top-notch digital tools. Our customer service contact center is entirely based in New York and staffed by representatives that live in the tristate area. In our branches we have managers, service representatives, and tellers that live in those same communities. We invest significantly in our branches and ensure they represent the essence of the neighborhood. Recently we have completed extensive renovations, upgrades, and new branch openings in areas where our customers reside. Our branch network extends from East Hampton to East Harlem, from Staten Island to upper Westchester and Rockland counties, and into New Jersey.
Strength
Apple Bank has been continuously profitable for over 30 years.
Our careful financial and risk management strategies have allowed the Bank to remain consistently profitable. We maintain strong credit quality and low levels of non-performing loans, despite the challenges posed by the pandemic and rising interest rates. Our balance sheet consists of high-quality loans and securities. Our capital ratios exceed all regulatory requirements. As the largest state-chartered savings bank in New York, we reported $17.5 billion in assets and $14.5 billion in deposits as of December 31, 2024.
Community
Apple Bank is committed to improving the quality of life in our communities.
Our bankers work and live locally, so they face the same challenges and opportunities as our customers and understand their priorities. We take a direct interest in contributing to the quality of life in the neighborhoods we serve - giving back in ways that foster economic development and renewal.
The Bank sponsors and donates to many regional organizations. We partner with community organizations to run food drives, financial literacy, education and multicultural programs. Many of our employees volunteer their time and talent for the communities in which they live and work.
Apple Bank—a neighborhood mainstay.
Apple Bank began at a time when history demanded a community approach from its financial institutions. Apple Bank maintains this tradition today as we expand into new communities and the future.
Harlem Savings Bank Takes Root
Towards the end of the Civil War, in the community of Harlem, a group of prominent businesspeople convened in April of 1863 to discuss ways of serving the financial needs of their prosperous community. This gathering spawned the opening of the Haarlem Savings Bank that year.
Years of Prosperity
The Harlem Savings Bank continued thriving through the 19th century and into the new millennium. Meanwhile, on the other side of town, an institution known as the German Savings Bank, which opened its doors in 1859, also saw similar prosperity.
Landmarks & Flagships
The construction of our flagship Apple Bank branch was completed at Broadway and West 73rd Street in Manhattan in late 1928.
Overcoming Tragedy
Both Harlem Savings Bank and Central Savings Bank emerged from the Great Depression and overcame financial obstacles caused by WWII, resulting in their expansion into midtown Manhattan and Long Island. Harlem Savings Bank dropped the second “a” from its name in 1933.
Apple Bank Emerges
In 1983, Harlem Savings Bank and Central Savings Bank merged to form what is now Apple Bank, with employees and locations in communities across Long Island, Westchester, and all five boroughs of NYC. In 1989, Apple Bank expanded into eastern Long Island by acquiring the historic Sag Harbor Savings Bank.
Expanding Apple Bank’s Presence
Apple Bank’s historic branches became a staple in more NY neighborhoods after the acquisition of 29 Emigrant Bank locations in 2013, which solidified our reputation as a dependable community bank in the NY area.
Rooted In Our Communities
Apple Bank stays rooted in many of the same communities as when it was founded. Our helpful culture remains the center of our focus and contributes to Apple Bank growing to become the largest state-chartered bank in NY with 75+ branches and 30+ consecutive years of profitable earnings.
Expansion & Digital Transformation
Apple Bank opens branches in New Jersey (Englewood and Iselin) and launches its Digital Branch for new customers in New York and New Jersey - enabling people, whether they live close to a branch or not, to maintain their connection to the NY community bank that remains in their hearts.
See why customers love Apple Bank.
Apple Bank is proud to partner with these business.
Our community investment provides financing that creates resources and opportunities for economically-disadvantaged areas and households.
Learn more about Apple Bank in the Community