Emigrant Bank - Bank Reviews & Ratings
In today’s cut throat competition everyone wants to generate fast revenue which ultimately results in to fast profits. There are certain banks which do make profits but do not compromise with their identity and principles. They believe in slow but steady profits. One of the greatest examples of such belief is Emigrant bank. The bank was formed by the Irish emigrants in the year 1850. It was formed as mutual savings bank and hence, they named it as Emigrant bank. Since the initial days it started to offer its quality services to the consumers and slowly it made home in the hearts of the many people. People were amused in such a away by the quality of services of the bank that within 70 years of its formation it became the largest savings bank in the USA. Though initially, the bank started its operations from New York but gradually with the help of its associates and subsidiaries the bank is offering its quality services to the people of around twenty states in the USA. It has opened many branches in New York and other places. The bank, along with its subsidiaries offers savings products, mortgage products, investment banking, insurance products and many more people oriented services. Having such a long banking history has helped it to generate trust in people’s mind which in turn has helped the bank to generate quality customers. The bank is among the high rated banks in the bank reviews.
The subsidiaries which are providing different varieties of products to the common people have contributed a lot in the success of Emigrant Bank. With the help of its wholly owned subsidiary Emigrant Mortgage Company, Inc., the bank provides outstanding mortgage products and that too at very competitive rates. Emigrant Funding Corp. which is also a subsidiary of the bank provides commercial lending products to its consumers. Bank’s another subsidiary Emigrant Business Credit Corp. provides business loans. Its main focus is to offer financing solutions for equipments such as vehicles, aircrafts, manufacturing equipments, construction equipments etc. Emigrant Financial Services provides investment services and insurance products. Emigrant Capital is one of the associates companies which is in to the business of making direct investments in private firms. Emigrant Bank Fine Art Finance lends money to the people who provide their art works and other related products as collateral. With the help these subsidiaries the bank is leader in its field. The bank with its associates had $14.7 billion in assets and nearly $ 800 million in net worth as on 31.03.08.
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Other Details:
Website: www.emigrant.com
Phone Number: 1-888-EMIGRANT (1-888-364-4726)
Address: 5 East 42nd St., New York
Minimum Balance: www.emigrant.com
Interest: www.emigrant.com
Current Savings Account Rates: www.emigrant.com
Current CD Rates: www.emigrant.com
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