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Abacus Federal Savings Bank

Chinatown-founded federal savings bank

About Abacus Federal Savings Bank

Abacus Federal Savings Bank is a federal savings bank founded in 1984 by business leaders from the Chinese community in New York City. Its commercial mortgage program lends against mixed-use, multi-family, single-use properties, and underlying co-op mortgages, with a lending focus across Manhattan, Brooklyn, Queens, and adjacent areas. It operates NYC branches including a Bowery branch in Manhattan Chinatown, a Brooklyn branch, and a Flushing branch. Confirm current programs, eligibility, rates, and terms directly with the lender.

Best for

Owners of mixed-use, multi-family, or co-op buildings in Manhattan, Brooklyn, and Queens.

Loan size
Contact for details
Founded
1984

Highlights

  • Chinatown-founded federal savings bank since 1984
  • Commercial mortgages for mixed-use and multi-family
  • Underlying co-op mortgages
  • Serves Manhattan, Brooklyn, and Queens

Loan programs offered

Coverage area

Manhattan, Brooklyn, Queens

* Rates and terms are indicative and subject to change and credit approval. Verify all details directly with the lender.

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