Modern Bank
Legal institution: Modern Bank, National Association. Headquartered in New York, NY. Part of Modern Bank Management Llc. FDIC certificate #22398 · Federal Reserve RSSD 2398701.
Total assets
$649M
Deposits
$480M
Q2 2026
Active branches
2
Closings since Jan 2020
1
1 openings since Jan 2020
Financial snapshot — Q2 2026
All quarters →Net income (quarter)
$449K
Return on assets
0.13%
Return on equity
1.34%
Noncurrent loan rate
5.60%
Deposits by year (Summary of Deposits)
12019
12020
12021
12022
12023
12024
12025
02026
Values in $ billions, June 30 of each year.
Closings by year
12020
Openings by year
12025
Branches by state
Recent closings
- 667 MADISON AVENUE · closed July 1, 2020
All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.modernbank.com.