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NCB, FSB Reports Net Income of $14.1 Million through the Third Quarter 2012

Arlington, VA  (November 15, 2012) —NCB, FSB, a federally chartered savings bank committed to serving cooperatives nationwide, reported net income of $14.1 million through September 30, 2012. NCB, FSB also reported total assets of $1.6 billion and total deposits of $1.3 billion as of September 30, 2012.  The Bank’s total risk based capital was 15.37% at September 30, 2012. 

NCB, FSB continues to post positive financial results in 2012 and is on track to continue this performance through the end of the year,” said Steven Brookner, President of NCB, FSB.  “Loan originations and deposit growth have remained strong and we will continue to offer competitive banking products and services to meet our customer’s needs.”

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NCB is dedicated to strengthening communities nationwide through the delivery of banking and financial services, complemented by a special focus on cooperative expansion and economic development. Headquartered in Washington, DC, the Bank has offices in Alaska, California, New York, Ohio and Virginia. To learn more, visit www.ncb.coop.

NCB is a proud supporter of the 2012 International Year of Cooperatives – a United Nations declaration and global campaign to educate the public about the benefits of cooperatives. “Cooperative enterprises build a better world” is the official slogan of The International Year of Cooperatives, and NCB is doing its part to build awareness of cooperatives in all fields of business.