Hackensack Banks

[Editor]

Map: Hackensack is where the money's at for Bergen County banks
By  Myles Ma/NJ.com   
on October 30, 2013 at 3:03 PM

Click to see how much each town holds in bank deposits. A darker shade indicates more money.

BERGEN COUNTY — Hackensack, home of the county seat, also leads Bergen County in bank deposits.

Banks and their branches in Hackensack had more than $3 billion in deposits as of June 30, according to the Federal Deposit Insurance Corporation's Summary of Deposits report.

The Bank of America office on Essex Street in Hackensack had the most deposits in the county at $1.8 billion, accounting for half the city's total.

Following behind Hackensack came Fort Lee, with $2.8 billion in deposits, and Paramus, with $2.3 billion.

Use our map to see how much banks in your town are holding.

[itsmetoo]

If everyone's banking here, why aren't they buying here?

[just watching]

Don't worry, it'll happen real soon, the buyers will return to Hackensack in force.  Why

The difference in house value between Hackensack and nearby suburban towns is higher than ever, and this is without merit. Plus with the economy and especially the new cost to purchase health insurance, people's budgets are increasingly stretched. More and more buyers are priced out of the suburban town that they want, and they have to settle for an urban center.  That puts Hackensack at a huge competitive advantage because Hackensack, by far, is the best and safest urban center in New Jersey. And we are NOT an Abbott district. The buyers will return in force, it's all a matter of the economy and the difference in house prices of Hackensack vs. River Edge or Hackensack vs. Teaneck.