Community Federal Savings Bank — Complete 2025 Guide (Routing, Login, FDIC & More)

Searching for information about Community Federal Savings Bank? Whether you need the routing number, login access, or confirmation that the bank is legit, this guide covers everything. Community Federal Savings Bank (CFSB) is a federally chartered, FDIC-insured financial institution headquartered in New York that has carved out a unique niche in the modern banking landscape by specializing in fintech partnerships, payment processing sponsorship, prepaid card programs, and white-label banking solutions for innovative financial technology companies. While most consumers don’t bank directly with Community Federal Savings Bank like they would with traditional retail banks, millions of Americans interact with CFSB’s infrastructure daily through fintech apps, prepaid cards, and digital payment platforms that rely on the bank’s regulatory compliance, FDIC insurance, and payment network access.​

What You’ll Discover: This comprehensive guide explains Community Federal Savings Bank’s routing number (026073150 for ACH transfers), login procedures for account holders, FDIC insurance status (Certificate #57129), New York headquarters address, customer service contact information, the bank’s role in fintech innovation, legitimacy verification, product offerings, security measures, and frequently asked questions answered by banking experts. Whether you’re a fintech partner, an individual account holder accessing Community Federal Savings Bank login portals, or someone researching the institution’s credibility before using services powered by CFSB, this guide provides the authoritative information you need.

What Is Community Federal Savings Bank?

Community Federal Savings Bank is a federally chartered savings bank established on July 16, 2001, and regulated by the Office of the Comptroller of the Currency (OCC). Unlike traditional community banks that focus primarily on serving local retail customers with branches throughout a geographic region, CFSB has evolved into a specialized financial institution focused on providing banking infrastructure, regulatory compliance, and payment network access to fintech companies and technology-driven financial services platforms.​

Bank Classification and Regulatory Status

CFSB operates as a federal savings bank under OCC supervision. Key regulatory details include:​

• FDIC Certificate Number: 57129​
• Primary Federal Regulator: Office of the Comptroller of the Currency (OCC)​
• Established Date: July 16, 2001​
• Community Bank Status: Yes​
• FDIC Insurance: Active since July 16, 2001​
• Federal Reserve District: New York (District 02)​

Verify CFSB’s FDIC insurance status: FDIC BankFind – Community Federal Savings Bank​

Business Model and Specialization

Community Federal Savings Bank has established itself as a “partner of choice for Fintech companies and global payment solution providers”. The bank’s core business involves:​

Fintech Banking-as-a-Service (BaaS): Providing regulatory infrastructure for fintech companies that need FDIC-insured bank partnerships​

Payment Processing Sponsorship: Enabling fintechs to access payment networks (Visa, Mastercard, ACH) through CFSB’s banking charter​

Card Issuance Programs: Supporting millions of debit, gift, and prepaid card programs for fintech partners​

White-Label Banking Solutions: Allowing fintechs to offer banking services under their own brand while using CFSB’s infrastructure​

Merchant Acquiring Services: Processing payments for merchants through partnerships like PayFacto​

Financial Snapshot

As of the latest quarterly filing:​

• Total Assets: $812.76 million
• Total Deposits: $712.11 million
• Net Income: $4.21 million (quarterly)
• Number of Employees: 203
• Domestic Branches: 1 (operational office in Woodhaven, NY)

Visit the official website: www.cfsb.com​

Is Community Federal Savings Bank Legit?

Community Federal Savings Bank is absolutely legitimate and operates under comprehensive federal banking regulations.​

Regulatory Compliance and Oversight

CFSB maintains rigorous regulatory compliance as a federally chartered institution:​

OCC Supervision: As a federal savings bank, CFSB undergoes regular examinations and supervision by the Office of the Comptroller of the Currency, which enforces safety and soundness standards, capital requirements, and consumer protection laws.​

FDIC Insurance: CFSB has been continuously insured by the FDIC since its establishment in 2001 (Certificate #57129), meaning eligible deposits are protected up to $250,000 per depositor, per account category.​

Federal Reserve Membership: Operating within Federal Reserve District 02 (New York), CFSB participates in the Federal Reserve payment systems and adheres to Fed regulations.​

CRA Performance: The bank received an “Outstanding” rating in its most recent Community Reinvestment Act (CRA) evaluation (March 2022), demonstrating its commitment to meeting community credit needs.​

Financial Stability

CFSB demonstrates financial stability through:​

• Over 24 years of continuous operation (2001-2025)
• $812.76 million in total assets
• Consistent profitability ($4.21 million net income quarterly)
• Strong capital position
• Successful navigation of multiple economic cycles

Partnership Credibility

CFSB’s legitimacy is further validated by partnerships with:​

• Major payment networks (Visa, Mastercard)
• Reputable fintech companies (Greenlight, Wise/TransferWise historically)
• Global payment processors (PayFacto)
• Over 30,000 merchants through merchant acquiring services​

Conclusion: Yes, Community Federal Savings Bank is a legitimate, federally regulated, FDIC-insured financial institution operating legally within the U.S. banking system.​

Community Federal Savings Bank Routing Number

The routing number is a critical identifier for electronic transfers, direct deposits, and payment processing.​

Primary Routing Numbers

Community Federal Savings Bank uses multiple routing numbers depending on transaction type:​

For ACH Transfers (Direct Deposit, Bill Pay, ACH Payments):
026073150​

For Wire Transfers (Domestic and International):
026073008 (some sources indicate this for wire transfers)​
291970541 (alternative wire transfer number)​

SWIFT/BIC Code (International Wire Transfers):
CMFGUS33​

How to Find Your Routing Number

Locating your Community Federal Savings Bank routing number is straightforward:​

On a Check: The routing number appears as the first nine digits in the bottom-left corner of checks issued by the bank. The sequence typically shows: routing number (9 digits), account number (varies), check number (varies).​

Online Banking: Log into your Community Federal Savings Bank account and navigate to account details or settings where routing information is displayed.​

Bank Statements: Your monthly or quarterly statements typically list the routing number in account information sections.​

Federal Reserve Directory: Search the official Fedwire directory for verified routing numbers.​

When You Need the Routing Number

Common situations requiring your routing number include:​

• Direct Deposit: Providing employer with routing and account numbers for paycheck deposits
• ACH Payments: Setting up automatic bill payments from your account
• Tax Refunds: Receiving IRS tax refunds via direct deposit
• Wire Transfers: Sending or receiving domestic or international wire transfers
• Person-to-Person Transfers: Using payment apps like Venmo, Zelle, or PayPal
• Account Verification: Confirming bank account ownership for third-party services​

Important: Always verify the correct routing number for your specific transaction type with Community Federal Savings Bank customer service to ensure successful processing.​

Community Federal Savings Bank Login Guide

Accessing your Community Federal Savings Bank account online provides convenient account management capabilities.​

Step-by-Step Login Process

1. Visit the Official Website
   Navigate to www.cfsb.com using a secure internet connection​
2. Locate the Login Portal
   Click “Online Banking Login” or “Customer Login” (typically located in the top-right corner of the homepage)
3. Enter Your Credentials
   • Username: Enter your assigned username or email address
   • Password: Enter your secure password (case-sensitive)
4. Two-Factor Authentication (2FA)
   If enabled, complete the second authentication step:
   • Enter the verification code sent to your registered phone or email
   • Or approve the login through your authenticator app
5. Access Your Dashboard
   Once authenticated, you’ll access your account dashboard displaying:
   • Account balances
   • Transaction history
   • Payment options
   • Statement access
   • Account management tools

Troubleshooting Login Issues

Forgot Password:

1. Click “Forgot Password?” on the login page
2. Enter your username or registered email address
3. Follow the password reset link sent to your email
4. Create a new secure password following strength requirements
5. Log in with your new password

Forgot Username:

Contact Community Federal Savings Bank customer service at (212) 897-9650 for username recovery assistance.​

Account Locked:

Multiple failed login attempts may temporarily lock your account for security. Wait 30-60 minutes before retrying, or contact customer support for immediate assistance.​

Technical Difficulties:

• Clear your browser cache and cookies
• Try a different browser (Chrome, Firefox, Safari, Edge)
• Disable browser extensions that might interfere
• Ensure JavaScript is enabled
• Verify you’re using the official CFSB website (not a phishing site)​

Security Best Practices for Online Banking

• Bookmark the Login Page: Avoid clicking links in emails claiming to be from CFSB
• Enable Two-Factor Authentication: Add an extra security layer to your account
• Use Strong Passwords: Combine uppercase, lowercase, numbers, and symbols
• Never Share Credentials: CFSB will never ask for your password via email or phone
• Log Out After Sessions: Always log out when finished, especially on shared devices

Community Federal Savings Bank Address & New York Location

Community Federal Savings Bank operates from strategic New York locations.​

Headquarters and Main Office

Corporate Headquarters:
5 Penn Plaza
New York, NY 10001​

Alternative Address (Suite Location):
Suite 1115
New York, NY 10019​

Operational Branch:
89-16 Jamaica Avenue
Woodhaven, NY 11421​

This Woodhaven location serves as the bank’s single full-service branch.​

Contact Information

Main Phone: (212) 897-9650​

Operating Hours: Standard banking hours (confirm current hours by calling ahead)

Why CFSB Has Limited Physical Presence

Unlike traditional retail banks with extensive branch networks, Community Federal Savings Bank operates with minimal physical locations because its primary business model focuses on B2B fintech partnerships rather than retail banking services. The bank provides infrastructure and regulatory compliance for fintech companies, which in turn serve millions of end consumers through digital platforms.​

This explains why:

• The bank has only one branch despite serving thousands of fintech partners​
• Most consumers interact with CFSB indirectly through fintech apps​
• The bank prioritizes technology infrastructure over physical branch expansion​

Community Federal Savings Bank Customer Service

Contacting Community Federal Savings Bank customer support provides assistance for various banking needs.​

Primary Customer Service Contact

Phone: (212) 897-9650​

Address for Correspondence:
Community Federal Savings Bank
89-16 Jamaica Avenue
Woodhaven, NY 11421​

Best Times to Call

Customer service availability typically follows Eastern Time business hours (Monday-Friday, 9 AM – 5 PM ET). For the most current hours, call the main number above.​

What Customer Service Helps With

Community Federal Savings Bank customer support assists with:​

Account-Related Issues:

• Account verification and validation
• Balance inquiries
• Transaction disputes
• Statement requests
• Account closure procedures

Payment and Transfer Support:

• ACH payment questions
• Wire transfer setup and confirmation
• Routing number verification
• Direct deposit troubleshooting
• Payment processing timeframes

Login and Access Problems:

• Online banking login assistance
• Password reset support
• Username recovery
• Two-factor authentication setup
• Account lockout resolution

Debit Card Support:

• Card activation
• Lost or stolen card reporting
• Dispute fraudulent charges
• PIN reset requests
• Card replacement orders

Fintech Partnership Inquiries:

• Questions about accounts opened through fintech partners
• Integration and API support for business clients
• Compliance and regulatory documentation
• Partnership opportunities

Pro Tip: Always have your complete account number and identifying information ready before calling customer service. This expedites verification and allows representatives to quickly access your account details.​

Products & Services Offered by Community Federal Savings Bank

While CFSB doesn’t operate like traditional retail banks, it offers specialized products and services.​

Core Banking Services

Checking Accounts
Limited retail checking accounts available, though the bank primarily serves business and fintech clients​

Savings Accounts
Deposit accounts with FDIC insurance up to $250,000 per depositor​

Business Accounts
Commercial banking solutions tailored to fintech partners and payment processing clients​

Fintech Partnership Services

Banking-as-a-Service (BaaS) Platform:
Comprehensive infrastructure enabling fintechs to offer banking services​

Prepaid Card Sponsorship:
Issuing bank for millions of prepaid, debit, and gift cards distributed through fintech partners​

Payment Processing Solutions:
Access to payment networks (Visa, Mastercard, ACH) for fintech clients​

White-Label Banking:
Regulatory infrastructure allowing fintechs to brand banking services​

Merchant Acquiring:
Payment processing services for merchants through strategic partnerships like PayFacto​

Specialized Financial Services

Paycheck Protection Program (PPP) Lending:
During the COVID-19 pandemic, CFSB originated 1,049 PPP loans totaling $128.99 million within its assessment area and 3,803 PPP loans totaling $308.38 million outside its assessment area, demonstrating significant community lending participation​

Community Development Lending:
Strong commitment to community reinvestment, earning an “Outstanding” CRA rating​

Payment API Integrations:
Technology integrations enabling seamless payment processing for fintech platforms​

Notable Fintech Partnerships

CFSB has partnered with numerous fintech companies including:​

• Greenlight (kids’ debit cards and financial education)​
• Wise/TransferWise (international money transfers)​
• Various prepaid card programs
• Cryptocurrency and digital asset platforms​
• Marketplace lending platforms​

Is Community Federal Savings Bank Safe? (Security Explained)

Community Federal Savings Bank maintains robust security measures protecting depositor funds and customer information.​

FDIC Insurance Protection

Coverage Amount: Up to $250,000 per depositor, per account ownership category​

What This Means: If Community Federal Savings Bank were to fail (an unlikely scenario given its financial stability and regulatory oversight), the FDIC would reimburse eligible depositors up to $250,000 per account type. This protection has been in effect since the bank’s establishment in 2001.​

Verify FDIC Insurance: Visit FDIC BankFind and search for Community Federal Savings Bank (Certificate #57129) to confirm current insurance status.​

Online Banking Security

CFSB employs industry-standard security measures:​

Encryption: Secure Socket Layer (SSL) encryption protects data transmission between your browser and bank servers

Two-Factor Authentication (2FA): Optional or required secondary verification adds login security

Automatic Timeout: Sessions automatically log out after periods of inactivity

Account Monitoring: Real-time fraud detection systems monitor unusual account activity

Secure Communication: All official bank communications occur through verified channels

Fraud Prevention Measures

The bank implements multiple fraud prevention layers:​

• Transaction monitoring for suspicious patterns
• Immediate alerts for unusual account activity
• Customer verification for high-risk transactions
• Collaboration with payment networks for chargeback protection
• Staff training on fraud detection and prevention

Regulatory Compliance and Oversight

Safety extends beyond deposit insurance through comprehensive regulatory oversight:​

OCC Examinations: Regular safety and soundness examinations by federal banking regulators

Capital Requirements: Mandated capital reserves ensure the bank can absorb potential losses

Risk Management Standards: Required risk assessment and mitigation procedures

Consumer Protection Laws: Compliance with federal consumer financial protection regulations

Community Reinvestment Act: Demonstrated commitment to responsible community lending​

Financial Stability Indicators

CFSB demonstrates financial health through:​

• Positive net income ($4.21 million quarterly)
• Strong asset base ($812.76 million)
• Healthy deposit levels ($712.11 million)
• 24 years of continuous operation without failure
• “Outstanding” CRA performance rating​

Community Federal Savings Bank Reviews

Understanding customer and industry perspectives provides balanced insight into CFSB’s performance.​

Regulatory Performance Reviews

Community Reinvestment Act (CRA) Rating: Outstanding​

The OCC’s March 2022 CRA evaluation rated CFSB “Outstanding,” citing:​

• Excellent lending performance in assessment areas
• Significant participation in Paycheck Protection Program lending
• Strong responsiveness to community credit needs
• Geographic distribution of loans meeting community needs
• Appropriate loan-to-deposit ratio for the bank’s business model​

Strengths Based on Available Information

Fintech Innovation Leadership:
CFSB has established itself as a trusted banking partner for innovative fintech companies, enabling millions of consumers to access modern financial services​

Regulatory Compliance:
Continuous FDIC insurance since 2001 and “Outstanding” CRA rating demonstrate strong compliance culture​

Financial Stability:
Over two decades of profitable operation and growing asset base​

Payment Infrastructure Expertise:
Successfully processes millions of card transactions and ACH payments through fintech partnerships​

Potential Weaknesses

Limited Retail Presence:
One physical branch limits accessibility for consumers preferring in-person banking​

Fintech Partnership Risks:
Regulatory scrutiny of fintech partnerships has increased, with some analyses questioning whether CFSB’s extensive fintech collaborations create oversight challenges​

Customer Service Accessibility:
Primarily serving B2B clients may mean limited resources for individual retail account holders​

Consumer Sentiment

Because most consumers interact with CFSB indirectly through fintech partners rather than as direct customers, traditional consumer reviews (like those on Yelp or Google) are limited. The bank’s primary reputation rests on its fintech partnerships and regulatory performance rather than retail customer feedback.​

Community Federal Savings Bank Alternatives

Depending on your needs, several alternative banking options exist.​

Traditional Community Banks

For consumers seeking local retail banking with extensive branch networks:

• Apple Bank for Savings (New York metro area)
• Ridgewood Savings Bank (New York)
• Carver Federal Savings Bank (New York)
• Dime Community Bank (New York)

Credit Unions

Member-owned institutions often offering competitive rates and personalized service:

• Navy Federal Credit Union (nationwide, military families)
• Alliant Credit Union (nationwide)
• Pentagon Federal Credit Union (nationwide)
• Local community credit unions in your area

Neobanks and Fintech Banking

Digital-first banking platforms (many of which may partner with banks like CFSB for regulatory infrastructure):​

• Chime (mobile banking, no fees)
• Varo Bank (nationally chartered neobank)
• Current (mobile banking for families)
• Greenlight (kids’ banking, CFSB partner)​
• Wise (international transfers, formerly partnered with CFSB)​

Major National Banks

For consumers preferring established institutions with nationwide presence:

• Chase Bank
• Bank of America
• Wells Fargo
• Citibank
• PNC Bank

Quick Comparison

Bank Type	Best For	Branch Access	Digital Tools	FDIC Insured
CFSB	Fintech partners, specialized needs	Very Limited (1 branch)	Moderate	Yes
Community Banks	Local banking relationships	Regional	Moderate to Good	Yes
Credit Unions	Member benefits, competitive rates	Regional	Good	Yes (NCUA)
Neobanks	Digital-first, low/no fees	None (digital only)	Excellent	Yes (partner banks)
National Banks	Nationwide access, full services	Extensive	Excellent	Yes

FAQs Community Federal Savings Bank

Expert Advice — How to Safely Use Online Banking with CFSB

Protecting your Community Federal Savings Bank account requires proactive security measures.​

Enable Two-Factor Authentication (2FA)

Activate 2FA through your account settings:

• Requires both your password and a secondary verification code
• Significantly reduces unauthorized access risk
• Use authenticator apps (Google Authenticator, Authy) rather than SMS when possible
• Even if someone steals your password, they can’t access your account without the second factor

Avoid Public Wi-Fi for Banking

Public Wi-Fi networks are inherently insecure:

• Never log into banking accounts on coffee shop, airport, or hotel Wi-Fi
• If you must access your account away from home, use your cellular data connection
• Consider a VPN (Virtual Private Network) for additional encryption when using unfamiliar networks
• Wait until you’re on a secure, private connection for sensitive banking activities

Bookmark the Official Login Page

Phishing attacks often use fake websites mimicking real banks:

• Bookmark www.cfsb.com in your browser
• Always access online banking through your bookmark, never through email links
• Verify the URL shows “https://” and a padlock icon before entering credentials
• CFSB will never ask for your password via email or text message

Recognize Phishing Emails

Cybercriminals send fraudulent emails claiming to be from your bank:

• Be suspicious of emails requesting immediate action or threatening account closure
• Never click links or download attachments from unexpected banking emails
• Community Federal Savings Bank will never ask you to verify your account by clicking an email link
• When in doubt, call customer service at (212) 897-9650 to verify communications​

Set Up Account Alerts

Enable notifications for account activity:

• Low balance alerts
• Large transaction notifications
• Login attempt alerts
• Direct deposit confirmations
• Unusual activity warnings

These real-time alerts help you detect unauthorized activity immediately.

Conclusion — Your Complete Guide to Community Federal Savings Bank

Community Federal Savings Bank is a fully regulated, FDIC-insured institution offering secure banking infrastructure and fintech-friendly services that power financial innovation across the United States. While most consumers don’t bank directly with CFSB like they would with traditional retail banks, millions of Americans benefit from the bank’s infrastructure through fintech partnerships, prepaid card programs, and digital payment platforms that rely on CFSB’s regulatory compliance, FDIC insurance, and payment network access.​

Whether you’re accessing the Community Federal Savings Bank login portal to manage your account, using the routing number 026073150 for ACH transfers, researching the bank’s legitimacy before using services powered by CFSB, or seeking customer service support at (212) 897-9650, this guide has provided the essential information you need. With over 24 years of continuous FDIC insurance, an “Outstanding” regulatory rating, and a proven track record of fintech partnership success, Community Federal Savings Bank represents a secure and innovative force in modern American banking.​

Need to Manage Your Account?

Visit www.cfsb.com to access the Community Federal Savings Bank login portal and securely manage your account online. For customer service support, call (212) 897-9650 during business hours.

Before making major financial decisions, build a solid emergency fund foundation. Use our free Emergency Fund Calculator to determine your ideal emergency savings target — typically 3-6 months of expenses. A robust emergency fund protects you from unexpected financial challenges, creating stability whether you’re banking with Community Federal Savings Bank, a fintech partner, or any other financial institution.