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When it comes to banking in New York, most people are familiar with the big names like Chase, Citibank, and Bank of America. However, there are several lesser-known banks in the state that are worth your attention. These hidden gems may not have the same brand recognition, but they offer competitive products and services that could potentially benefit you in more ways than one.
While the big-name banks in NY may have a strong presence, these hidden gems offer a unique and personalized banking experience that may better suit your individual needs. Whether you value social responsibility, personalized service, online banking convenience, wealth management services, or innovative digital banking solutions, there is a lesser-known bank in NY that is worth exploring. Consider giving one of these hidden gems a chance and see how they can help you achieve your financial goals.
One of these hidden gems is Amalgamated Bank, which has been around for over 95 years. What sets Amalgamated Bank apart is its focus on social responsibility and ethical banking. They are known for supporting labor unions, nonprofit organizations, and progressive causes. If you are someone who values corporate social responsibility, Amalgamated Bank may be the perfect fit for you. In addition to their values, they offer a range of banking products including checking accounts, savings accounts, mortgages, and more.
Another lesser-known bank in NY worth considering is Flushing Bank. Founded in 1929, Flushing Bank has a long history of serving the local community. They offer a variety of personal and business banking products, including checking accounts, savings accounts, loans, and more. What sets Flushing Bank apart is their commitment to personalized service and building long-term relationships with their customers. If you prefer a more personal touch when it comes to banking, Flushing Bank may be the right choice for you.
Empire State Bank is another hidden gem in NY that deserves your attention. With a focus on serving small to medium-sized businesses, Empire State Bank offers a range of business banking products and services including business checking accounts, business loans, merchant services, and more. They pride themselves on being a community bank that is dedicated to helping local businesses thrive. If you are a business owner looking for a bank that understands your unique needs, Empire State Bank may be the perfect fit for you.
When it comes to online banking, Popular Direct is a lesser-known but worthy contender. Popular Direct is the online banking division of Popular Bank, which has been serving customers in NY for over 125 years. Popular Direct offers a range of online banking products including high-yield savings accounts, CDs, and more. They are known for their competitive rates and user-friendly online platform. If you prefer the convenience of online banking and want to earn a higher interest rate on your savings, Popular Direct may be the right choice for you.
For those looking for a bank that provides personalized wealth management services, Adirondack Trust Company may be the hidden gem you have been searching for. Adirondack Trust Company has been serving customers in upstate NY for over 100 years. They offer a range of wealth management services including investment management, trust services, retirement planning, and more. What sets Adirondack Trust Company apart is their commitment to building long-term relationships with their clients and providing personalized financial solutions tailored to individual needs.
Lastly, Cross River Bank is another lesser-known bank in NY that is worth your attention. Founded in 2008, Cross River Bank has quickly made a name for itself as a leader in digital banking and fintech. They offer a range of personal and business banking products including checking accounts, savings accounts, loans, and more. What sets Cross River Bank apart is their innovative approach to banking and their focus on leveraging technology to provide a seamless banking experience for their customers. If you are looking for a bank that is at the forefront of digital banking, Cross River Bank may be the right choice for you.
