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Sectors we Serve

Co-op Housing, Condo and HOA Knowledge, Full-Service Banking Solutions

For over 45 years, National Cooperative Bank has worked with housing cooperatives, condominiums, HOAs and their respective management companies offering a full suite of banking solutions tailored to the housing market. 

Current customers, please visit our customer resource page.

High rise building

NCB currently provides services to over 6,100 housing communities nationwide, working with over 750 management companies.

Whether you are seeking financing for a capital improvement project or refinance, opening a single reserve account for your community or considering a new primary bank, NCB will work with you to find the best solution.

NCB also offers loans for superintendent and professional units in a housing cooperative or condominium.

"As a client for nearly twelve years, we have found NCB to possess the technology of a large banking institution while providing  accessible, personable service across all of their departments."

Scott Burka
EJF Real Estate
Washington, DC

solar panels on st. francis housing

Products and Services

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    Commercial Real Estate Loans

    NCB provides first mortgages, second mortgages and lines of credit to housing cooperatives, multifamily properties and other commercial property types.

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    Community Association Loans

    Condominium and homeowners associations loan provide access to capital to pay for large scale projects. With over 2 decades of experience in community association lending, NCB will work with the association in providing the best financing to meet the needs of the community.


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    Commercial Loans

    We offer flexible business loans and working capital lines of credit  at competitive interest rates to meet your business needs.

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    Lockbox & Payment Processing

    Our payment processing platform allows payments to be made online, in the office with a desktop scanner, or through traditional payment methods.


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    Commercial Checking

    NCB’s business checking accounts are optimal for businesses and nonprofits of all shapes and sizes.

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    Commercial Savings

    Maximize your returns with NCB’s competitive savings product including CD’s and MMDA accounts.

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    Treasury Management

    Save time and improve your cash flow operations with NCB’s treasury management solutions- built for small business retailers to large property management customers.


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    Make homeownership a reality or refinance your existing loan with NCB. NCB offers financing for co-ops, condos, single family homes and TICs.

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Deposit Rates for Housing Cooperatives, Condominium and HOAs

Take advantage of great deposit rates for your reserve funds.

Term Rate APY*
6-Month CD 4.90% 5.02%
9-Month CD 5.00% 5.13%
12-Month CD 5.05% 5.18%
18-Month CD 4.60% 4.71%
24-Month CD 4.65% 4.76%
$0–49,999 1.05% 1.06%
$50,000–99,999 1.15% 1.16%
$100,000-499,999 1.15% 1.16%
$500,000 & Over 1.25% 1.26%
CDARS**/ICS*** Rate APY*
6 Month CDARS 2.75% 2.79%
12 Month CDARS 3.50% 3.56%
24 Month CDARS 3.65% 3.72%
ICS 0.40% 0.40%

*Annual percentage yields are accurate as of January 19, 2024, and are subject to change daily. A $5,000 minimum deposit of new money is required to earn the APY quoted for a Certificate of Deposit. Substantial early withdrawal penalty on CDs. Fees may reduce earnings on your account. FDIC insured up to $250,000. Banking products and services provided by National Cooperative Bank, N.A. Member FDIC.

**Deposit placement through CDARS or ICS is subject to the terms, conditions, and disclosures in applicable agreements. Although deposits are placed in increments that do not exceed the FDIC standard maximum deposit insurance amount (“SMDIA”) at any one destination bank, a depositor’s balances at the institution that places deposits may exceed the SMDIA (e.g., before settlement for deposits or after settlement for withdrawals) or be uninsured (if the placing institution is not an insured bank). The depositor must make any necessary arrangements to protect such balances consistent with applicable law and must determine whether placement through CDARS or ICS satisfies any restrictions on its deposits. A list identifying IntraFi network banks appears at https://www.intrafi.com/network-banks. The depositor may exclude banks from eligibility to receive its funds. IntraFi and ICS are registered service marks, and the IntraFi hexagon and IntraFi logo are service marks, of IntraFi Network LLC.




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Speak to a Co-op Housing and HOA Specialist: