Grasshopper Bank
Legal institution: Grasshopper Bank, N.A.. Headquartered in New York, NY. Part of Grasshopper Bancorp, Inc. FDIC certificate #59113 · Federal Reserve RSSD 5210989.
Total assets
$1.5B
Deposits
$1.4B
Q1 2026
Active branches
1
Closings since Jan 2020
2
1 openings since Jan 2020
Financial snapshot — Q1 2026
All quarters →Net income (quarter)
$5M
Return on assets
1.40%
Return on equity
15.46%
Noncurrent loan rate
0.48%
Deposits by year (Summary of Deposits)
02019
02020
02021
02022
12023
12024
12025
Values in $ billions, June 30 of each year.
Closings by year
12023
12026
Openings by year
12020
Other network changes since 2020
- 2 branch relocations
- 1 branches acquired through purchases or mergers
Branches by state
Recent closings
- Grasshopper Bank — Dearborn, MIbank exits city1 AUTO CLUB DR · closed March 31, 2026
- Grasshopper Bank — Durham, NCbank exits city2510 MERIDIAN PKWY · closed August 17, 2023
All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.grasshopper.bank.