Community Federal Savings Bank

Community Federal Savings Bank

Founded in 2001, CFSB is a full-service payments, lending and banking provider that delivers global financial services through a personal approach. Our payments, lending and banking teams are built and run by seasoned professionals with decades of diverse expertise from major financial companies. Together, we’ve spent years reimagining what it means to be a true industry partner by helping emerging brands drive the future of the financial technology landscape.

At CFSB, we foster meaningful relationships to create robust financial experiences that improve people’s lives around the world. Our deep network includes innovators at early-stage and established fintechs to major payment processors and global financial services brands. Our senior advisors provide creative, tailored solutions that help financial leaders take ideas from concept to reality — supporting them from inception to launch and beyond.
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Info

Year founded
2001
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URL
https://www.cfsb.com
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Corporate Address
8916 Jamaica Ave
Woodhaven
11421
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New York
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Operating Status
Active
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Number of employees
51-200
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Bank type
Federal Savings
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Charter
717528
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Financials

Total assets
689033000
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Assets concentration
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Net income
14469000
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Net income - quarterly
3793000
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Return on assets (ROA)
2.235886747213602
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Asset Concentration Hierarchy
4
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Fintech program & Technology

Sponsor model
Both
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CRM Software
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Core Provider
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Side-Core Provider
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Loan origination software
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Bin sponsor
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Card Networks
Visa
Mastercard
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Network Processor
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Preferred account structure
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Services
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Checking
Debit Card
Savings

Regulatory & Other

Regulated by
OCC
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Contacts

Contacts
Parag Tandon
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Testimonials

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