|
iAdvertiser Disclosure
Advertiser Disclosure
Some institutions listed may have a business relationship with MonitorBankRates. Our proprietary systems independently track and verify all rates. Advertiser relationships do not influence our Safety Ratings, Star Ratings, Texas Ratio calculations, or the rates shown.
 Modern Bank Rates & Review September 2026
Content reviewed by
Brian McKay
Brian McKayFounder & Data ArchitectExpertise
Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
Read Full Bio →
Editorial Disclosure
The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
✓Fact Checked
Rates Last Updated and Verified: September 18, 2026
Modern Bank's 12-Months 12-Month Certificate of Deposits Consumer rates are at 4.20%, 6-Months 6-Month Certificate of Deposits Consumer rates are at 4.15%, 3-Months 3-Month Certificate of Deposits Consumer rates are at 4.10%, 18-Months 18-Month Certificate of Deposits Consumer rates are at 4.05%, 24-Months 24-Month Certificate of Deposits Consumer rates are at 3.75%. MonitorBankRates evaluates the financial stability of Modern Bank with a 2.9 Star Rating, an F Overall Health Grade, and a Texas Ratio of 40.50%. Rates last updated and verified on 09/18/2026. Modern Bank money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Modern Bank? Share your experience about Modern Bank by leaving a review below, or read customer reviews before you decide to use Modern Bank. 
Modern Bank CD Rates
Financial Health HistoryModern Bank’s Texas Ratio rose from 17.39% in Q3 2023 to 40.50% in Q2 2026, so its financial health has weakened over the past 12 quarters. Over the same period its Star Rating moved from 4.8 to 2.9 and its Health Grade from B+ to F. Lower Texas Ratios are healthier; the green zone below the amber 15% line is where a bank must stay to qualify for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures. Swipe the chart sideways to see every quarter.
Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade15% Verified Healthy limit (green zone below = healthy)
Powered by
MonitorBankRates
How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops. Show the quarterly figures
Source: FDIC call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.
Methodology & Data SourcesMonitorBankRates Star Rating: Our rating for Modern Bank is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions. Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health. Rate Data Aggregation: We gather Modern Bank rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.
Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions.
It is always advisable to check with Modern Bank's official website for the most current offers and terms.
Bank Profile & Overview
Institution Name
Modern Bank
Bank Holding Company
MODERN BANK MANAGEMENT LLC
Address
410 Park Ave,
New York, NY 10022 · New York
Website
https://www.modernbank.com
FDIC Certificate #
22398
Established
19770101
FDIC Insurance Date
19770101
Domestic Offices
2
Total Branches
2
Regulator
OCC
FDIC Insured
✓ Yes — Up to $250,000
Financial Health & AssetsF
Overall Health Grade
Score: 59/100
2.9
Fair
Out of 5.0 Stars
40.50%
Texas Ratio
Nat'l avg: 5.85%
Return on Assets (ROA)
0.1347%
Return on Equity (ROE)
1.3400%
Non-Performing Loans (NPL)
4.20%
Total Assets
$648,549,000
Total Deposits
$480,361,000
Equity Capital
$67,325,000
Net Income
$451,000
Headquarters
New York
Total Branches and Offices
2
Source: FDIC | Last Updated 06/30/2026
Customer ReviewsGCKV
March 18, 2024
Great bank with top rates and excellent service.
GCKV
March 17, 2024
Great bank with top rates and excellent service.
GCKV
March 13, 2024
Great bank with top rates and excellent service.
GCKV
March 13, 2024
Great bank with top rates and excellent service.
Want to discuss Modern Bank with other members?
Visit our Community Reviews hub to see all reviews, ask questions, and join the conversation.
Add Your Rating and Review for Modern Bank
Frequently Asked Questions About Modern BankHow many branches does Modern Bank operate?Modern Bank currently maintains approximately 2 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes. Is there a first-time homebuyer program?Currently, Modern Bank does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing. Are credit management and repair services offered?While formal credit repair services are not currently listed, Modern Bank provides members with tools to manage their accounts and build a solid financial history. Does Modern Bank offer online and mobile banking?Most modern institutions like Modern Bank provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.modernbank.com. Current Modern Bank Rates
Retrieved from our database of financial products. Rates subject to change.
Compare to Other Banks
Parkside Financial Bank & Trust
I3 Bank
Bank of Edmonson County
Citizens State Bank Moundridge, KS
Winnsboro State B&T Co.
Pinnacle Bank (TN)
Horizon Bank Waverly, NE
BCB Community Bank
First Utah Bank
Sunnyside Federal S&L
SSB of Manistique
Farmers State Bank of Hoffman
First Merchants Bank
FNB of Fairfax
VSB Valley State Bank
Wells Fargo Bank South Central, National Association
Farmers Building and Savings Bank
First Secure Community Bank
Texas Advantage Bank
Mnb Bank
Citizens National Bank of Lebanon
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
