What are the current interest rates at Ridgewood Savings Bank?

Current rates for Ridgewood Savings Bank include: Savings: 0.25%, MMA: 0.20%

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Ridgewood Savings Bank Rates & Review September 2026

Item: Ridgewood Savings Bank
Rating: 1
Author: Lauren h

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated and Verified: August 31, 2026

Ridgewood Savings Bank's 10-Months 10-MONTH ONLINE CD SPECIAL rates are at 4.15%. Ridgewood Savings Bank's savings rates are at 0.25%. Ridgewood Savings Bank's money market rates are at 0.20%. MonitorBankRates evaluates the financial stability of Ridgewood Savings Bank with a 5.0 Star Rating, an A Overall Health Grade, and a Texas Ratio of 9.37%. Rates last updated and verified on 08/31/2026.

Ridgewood Savings Bank money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Ridgewood Savings Bank? Share your experience about Ridgewood Savings Bank by leaving a review below, or read customer reviews before you decide to use Ridgewood Savings Bank.

Verified Healthy 2026 Use This Badge on Your Bank Website

Overall Health & Safety Grade

Excellent Health Score: 95/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

9.37%

Excellent Higher than avg

Health Trend

Steady 12 quarters

Full history ›

Ridgewood Savings Bank

7102 Forest Ave
Ridgewood, NY 11385

https://www.ridgewoodbank.com

Ridgewood Savings Bank CD Rates

Product	Rate	APY	Term	View More
10-MONTH ONLINE CD SPECIAL	-	4.15%	10 months
Details NEW MONEY ONLY Last Updated 08/31/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.37%

Ridgewood Savings Bank Savings Rates

Product	Rate	APY
Youth Savings Account	1.47%	1.50%
Min Balance $0 Details Featured rate on balances up to $25,000.00 Last Updated 08/31/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.37%
Youth Savings Account	0.25%	0.25%
Min Balance $25,000 Last Updated 08/31/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.37%

Ridgewood Savings Bank Money Market Rates

Product	Rate	APY
Smart Move Money Market	3.63%	3.75%
Min Balance $10,000 Details Balance: $10,000.00 - $74,999.99 Last Updated 08/31/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.37%
PowerFlex Money Market or more	0.34%	0.35%
Min Balance $25,000 Details $25,000.00 Last Updated 08/31/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.37%
PowerFlex Money Market	0.25%	0.25%
Min Balance $10,000 Details Balance: $10,000.00 - $24,999.99; $10,000.00 - $24,999.99 Last Updated 08/31/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.37%
Smart Move Money Market	0.25%	0.25%
Min Balance $250,000 Last Updated 08/31/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.37%
PowerFlex Money Market	0.20%	0.20%
Min Balance $0 Details $0.01 - $9,999.99 Last Updated 08/31/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.37%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution's data from MonitorBankRates.com, please contact us here.

Financial Health History

Ridgewood Savings Bank’s Texas Ratio rose from 7.75% in Q3 2023 to 9.37% in Q2 2026, so its financial health has held steady at a healthy level over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0. Lower Texas Ratios are healthier; the amber line marks the 15% level a bank must stay under to qualify for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

Swipe the chart sideways to see every quarter.

Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade15% Verified Healthy threshold

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures

Quarter	Total assets	Texas Ratio	Star Rating	Health Grade
June 30, 2026	$7.5B	9.37%	5.0	A
March 31, 2026	$7.5B	8.42%	5.0	A
December 31, 2025	$7.5B	8.19%	5.0	A
September 30, 2025	$7.4B	9.23%	5.0	A
June 30, 2025	$7.3B	10.35%	5.0	A
March 31, 2025	$7.3B	9.43%	5.0	A
December 31, 2024	$7.2B	9.32%	5.0	A
September 30, 2024	$7.2B	8.93%	5.0	A
June 30, 2024	$7.0B	6.78%	5.0	A
March 31, 2024	$7.0B	7.20%	5.0	A
December 31, 2023	$7.0B	6.99%	5.0	A
September 30, 2023	$6.9B	7.75%	5.0	A

Source: FDIC call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates Star Rating: Our rating for Ridgewood Savings Bank is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions.

Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation: We gather Ridgewood Savings Bank rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Ridgewood Savings Bank's official website for the most current offers and terms.

Bank Profile & Overview

Institution Name Ridgewood Savings Bank

FDIC Certificate # 16026

Address 7102 Forest Ave, Ridgewood, NY 11385 · Queens

Website https://www.ridgewoodbank.com

Established 19210618

FDIC Insurance Date 19430701

Domestic Offices 38

Total Branches 38

Regulator FDIC

FDIC Insured ✓ Yes — Up to $250,000

Financial Health & Assets

Overall Health Grade Score: 95/100

5.0

Exceptional Out of 5.0 Stars

9.37%

Texas Ratio Nat'l avg: 5.85%

Return on Assets (ROA) 0.6991%

Return on Equity (ROE) 5.5300%

Non-Performing Loans (NPL) 1.19%

Total Assets $7,548,632,000

Total Deposits $6,013,033,000

Equity Capital $962,504,000

Net Income $26,298,000

Headquarters Ridgewood

Total Branches and Offices 38

Source: FDIC | Last Updated 06/30/2026

2026 MBR Health & Safety Badge

Ridgewood Savings Bank earned the Verified Healthy badge

Display this badge on your website to show visitors your 2026 MonitorBankRates recognition. The badge links back to this profile page for independent verification.

Copy the HTML below and paste it into your website where you’d like the badge to appear. The badge image is hosted on MonitorBankRates — no need to download or upload anything.

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  <img src="https://www.monitorbankrates.com/wp-content/uploads/badges/mbr-badge-tier-c-2026.svg"
       alt="MonitorBankRates Verified Healthy Badge 2026"
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</a>

Learn more about the MBR Health & Safety Badge program on our methodology page.

Customer Reviews

Lauren h

★☆☆☆☆

October 20, 2025

No bank should expose your personal details such as date of births. That\'s how everyone is getting scammed, victims of identity theft, stolen from, targeted by bad guys, exposed. Robo calls. It\'s not right they would do this without my permission. I\'m closing this account. I hope others take notice of this fraud bank.

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Average Rating

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Frequently Asked Questions About Ridgewood Savings Bank

How many branches does Ridgewood Savings Bank operate?

Ridgewood Savings Bank currently maintains approximately 38 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is there a first-time homebuyer program?

Currently, Ridgewood Savings Bank does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Ridgewood Savings Bank provides members with tools to manage their accounts and build a solid financial history.

Does Ridgewood Savings Bank offer online and mobile banking?

Most modern institutions like Ridgewood Savings Bank provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.ridgewoodbank.com.