New Jersey · Q2 2026
Passaic County, New Jersey
8.0% of Passaic County deposits held by banks under $100B in assets sit in institutions above the regulatory CRE concentration threshold.
Counting institutions that are concentrated but do not meet the growth test, the share is 99.5%.
Hover or tap a county for its grade.
Banks behind this number
10 banks under $100B in assets with a branch here| Bank | Headquarters | Assets | Status | Criterion | Share of bank deposits here |
|---|---|---|---|---|---|
| Valley National Bank | Passaic, NJ | $66B | Concentrated | 300%+, growth test not met | 30.6% |
| Ascendia Bank | Glen Rock, NJ | $0.4B | Concentrated | 300%+, growth test not met | 21.7% |
| Spencer Savings Bank, SLA | Elmwood Park, NJ | $4.0B | Concentrated | 300%+, growth test not met | 10.9% |
| Columbia Bank | Fair Lawn, NJ | $12B | Concentrated | 300%+, growth test not met | 10.6% |
| Kearny Bank | Kearny, NJ | $7.7B | Concentrated | 300%+, growth test not met | 8.7% |
| Provident Bank | Jersey City, NJ | $26B | Above threshold | C2 | 8.0% |
| Alma Bank | Astoria, NY | $1.6B | Concentrated | 300%+, growth test not met | 8.0% |
| Blue Foundry Bank | Rutherford, NJ | $1.9B | Below | — | 5.1% |
| Bogota Savings Bank | Teaneck, NJ | $0.9B | Below | — | 4.6% |
| Crown Bank | Elizabeth, NJ | $0.6B | Below | — | 2.3% |
- Valley National BankConcentratedPassaic, NJ$66B300%+, growth test not met30.6% of bank deposits
- Ascendia BankConcentratedGlen Rock, NJ$0.4B300%+, growth test not met21.7% of bank deposits
- Spencer Savings Bank, SLAConcentratedElmwood Park, NJ$4.0B300%+, growth test not met10.9% of bank deposits
- Columbia BankConcentratedFair Lawn, NJ$12B300%+, growth test not met10.6% of bank deposits
- Kearny BankConcentratedKearny, NJ$7.7B300%+, growth test not met8.7% of bank deposits
- Provident BankAbove thresholdJersey City, NJ$26BC28.0% of bank deposits
- Alma BankConcentratedAstoria, NY$1.6B300%+, growth test not met8.0% of bank deposits
- Blue Foundry BankBelowRutherford, NJ$1.9B—5.1% of bank deposits
- Bogota Savings BankBelowTeaneck, NJ$0.9B—4.6% of bank deposits
- Crown BankBelowElizabeth, NJ$0.6B—2.3% of bank deposits
A bank can meet more than one condition at once, so the county counts above the table add up to more than the number of banks. Each row shows the strongest condition that bank meets.
What this means
1 of the 10 banks under $100B in assets with a branch in Passaic County is above a regulatory CRE concentration threshold, and it holds 8.0% of the county deposits this report covers. Another 6 carry commercial real estate above 300% of capital without meeting the three-year growth test, which is why the broader share is 99.5%.
Coverage is 70%: the rest of the deposits in Passaic County sit in banks above the $100B threshold, which this report does not evaluate. Concentration is exposure, not loss. A bank above a threshold is one the 2006 interagency guidance expects to hold more capital and document its underwriting, not one that has lost money. We tested whether counties in the top quartile of this score went on to deteriorate faster over the following eight quarters, and found no relationship. The backtest is published in full.
Concentration measures exposure, not loss. This is a map of exposure, not a forecast: our published backtest found no relationship between a county's score and subsequent deterioration.
Nothing on this page is investment advice.