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Empire State Bank in Staten Island, NY
FDIC-insured community bank offering business and personal checking, savings, CDs, and lending products with specialized services like cash management and escrow.
Data compiled from public sources · Rating from CreditDoc methodology
Empire State Bank Review
Empire State Bank is a community bank headquartered in Staten Island, New York (1441 South Avenue, Suite 705), operating under FDIC insurance with routing number 021913862. S. Government through FDIC protection.
The bank serves both personal and business customers with a tiered product lineup. 70% APY, both requiring $1,000 minimum). Business customers can access checking, money market, and savings accounts, plus specialized programs like EDGE Concierge Business Banking (described as providing VIP banking experience, premium rewards, no fees on everyday transactions, and preferred rates) and Attorney Advantage Banking.
They provide lending across business loans, SBA financing, family investment property loans, and commercial real estate financing. What distinguishes Empire State Bank includes fee-free ATM access across their network, extended FDIC insurance programs protecting deposits beyond the standard $250,000 limit, digital wallet integration, mobile banking apps for both personal and business customers, and specialized business services including cash management, escrow management, and remote deposit capabilities. They maintain investor relations transparency with published annual reports, earnings statements, and committee charters available to the public.
As a community bank, Empire State Bank serves a regional market with established operations and compliance infrastructure (NACHA Operating Rules, CRA Public File, Code of Business Conduct & Ethics). However, the website provides limited detail on asset size, specific branch locations beyond headquarters, competitive rate comparisons, or detailed fee structures—information typically required for comprehensive banking evaluation.
Services & Features
Attorney Advantage Banking
Business checking accounts
Business loans and SBA financing
Cash management services
Certificates of deposit (CDs) and IRAs
Commercial real estate lending
Digital wallet integration
EDGE Concierge Business Banking
Escrow management
Extended FDIC insurance programs
Money market accounts (personal and business)
Online and mobile banking
Personal checking accounts
Personal savings accounts
Remote deposit
Feature Checklist
Mobile App
Online Portal
Score Tracking
Credit Education
Personal Advisor
Identity Theft Protection
Pros & Cons
Pros
- FDIC-insured deposits with extended coverage programs protecting beyond standard $250,000 limit
- Competitive CD rates published (3.50-3.70% APY) with low $1,000 minimum opening balance
- Fee-free ATM access across their network for all customers
- Dual mobile banking apps for personal and business customers enabling remote account management
- Specialized business products including EDGE Concierge with no fees on everyday transactions and preferred rates
- Cash management and escrow management services designed for business efficiency
- Community bank model with published governance (board of directors, management team, code of ethics)
Cons
- Limited branch location information on website—only headquarters address provided, making physical access assessment difficult
- No detailed fee schedule visible on homepage; actual checking account fees, overdraft fees, and service charges not transparent
- Vague product descriptions—EDGE Concierge benefits like 'premium rewards' and 'preferred rates' lack specific details or comparison data
- No interest rate information for checking or savings accounts; only CD rates disclosed
- Limited competitive positioning—website does not compare rates or features against other banks or credit unions
Rating Breakdown
Value 5.0
Effectiveness 3.7
Customer Service 3.8
Transparency 3.8
Ease of Use 4.5
Frequently Asked Questions
Is Empire State Bank legitimate?
Yes. Empire State Bank is a registered company, headquartered in Staten Island, NY, founded in 2004.
How long does Empire State Bank take to show results?
Account opening typically takes 1-3 business days. Loan decisions vary by product.
Quick Facts
- Founded
- 2004
- Headquarters
- Staten Island, NY
- BBB Accredited
- No
- Certifications
- FDIC Insured FDIC Cert #57672
- Starting Price
- Contact provider
- Setup Fee
- None
- Money-Back Guarantee
- No
CreditDoc Diagnosis
Doctor's Verdict on Empire State Bank
Empire State Bank is best for small business owners and personal customers seeking FDIC-insured community banking with specialized business services, particularly those interested in cash management or SBA lending. The main caveat is that the website lacks critical transparency on fee structures, branch locations beyond headquarters, and competitive rate positioning—prospective customers must contact the bank directly or visit in person to evaluate actual costs and service availability.
Best For
- Small business owners seeking specialized services like cash management, escrow, and SBA lending
- Customers prioritizing FDIC insurance protection and extended coverage beyond standard limits
- Businesses qualifying for EDGE Concierge or Attorney Advantage Banking programs seeking fee-reduced transactions
- Personal savers and CD investors in the Northeast seeking established community banking relationships
Updated 2026-04-29
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