356801--3/31/2008--NATIONAL_CONSUMER_COOPERATIVE_BANK

related topics

{loss, insurance, financial}

{loan, real, estate}

{condition, economic, financial}

{system, service, information}

{personnel, key, retain}

{product, market, service}

{regulation, government, change}

{regulation, change, law}

{tax, income, asset}

Our decisions regarding credit risk could be inaccurate and our allowance for loan losses may be inadequate, which could materially and adversely affect our business, financial condition, results of operations and future prospects. We may not be able to attract and retain banking customers at current levels. NCB s lines of business may be less diversified than its competitors. Weakness in the economy and in the real estate market, particularly in New York City, could negatively impact our banking business. Fluctuations in interest rates may negatively impact our business. We engage in derivative transactions, which expose us to credit and market risk. A continuation of lower gains recorded from the sale of loans Prepayments of loans may negatively impact our business. Our cost of funds for banking operations may increase as a result of general economic conditions, interest rates and competitive pressures. We are subject to extensive regulation and our business is highly regulated which could limit or restrict our activities and impose financial requirements or limitations on the conduct of our business. We are subject to regulatory capital adequacy guidelines, and if we fail to meet these guidelines our financial condition would be adversely affected. We rely heavily on technology, and technology can be subject to interruption and instability.

Full 10-K form ▸

356801--3/31/2008--NATIONAL_CONSUMER_COOPERATIVE_BANK_/DC/