Pioneer Savings Bank

Pioneer Savings Bank is headquartered in Troy and is the 58^th largest bank in the state of New York. It is also the 879^th largest bank in the nation. It was established in 1889 and as of March of 2012, it had grown to 234 employees at 16 locations. Pioneer Savings Bank has a 5-star health rating.

Pioneer Savings Bank Routing Number: 221371372

Pioneer Savings Bank Checking Account Rates

Pioneer Savings Bank Savings Account Rates

Pioneer Savings Bank Money Market Rates

Pioneer Savings Bank CD Rates

Data for Q1 2012

Pioneer Savings Bank consists of multiple companies with separate FDIC numbers. Click on an FDIC number to view the health for that company:

20741 - Pioneer Savings Bank
57849 - Pioneer Commercial Bank

Institution Statistics Pioneer Savings Bank FDIC Certificate # 20741 BankRate Report View Year Established 1889 Employees 234 Primary Regulator FDIC Assets and Liabilities Assets $758.25 million Loans $538.50 million Deposits $661.72 million Equity Capital $82.92 million Loan Loss Allowance $8.03 million Unbacked Noncurrent Loans $4.87 million Real Estate Owned $720,000 Historic Data - March 2011 Assets $767.40 million Equity Capital $79.25 million Loan Loss Allowance $7.57 million Unbacked Noncurrent Loans $2.88 million Real Estate Owned $455,000 Profit Margin - Quarterly Net Interest Margin 3.72% Return on Assets 0.51% Return on Equity 4.75% Interest Income $7.30 million

Institution Health Overall Score: 5 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Pioneer Savings Bank had $5.59 million in non-current loans and owned real-estate with $90.95 million in equity and loan loss allowances on hand to cover it. This gives Pioneer Savings Bank a Texas Ratio of 6.14% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Pioneer Savings Bank held steady from 3.67% as of March 31, 2011 to 6.14% as of March 31, 2012, resulting in a negative change of 67.35%. This indicates that the balance sheet and financial strength for Pioneer Savings Bank has held steady in recent periods. Deposit Growth In the past year, Pioneer Savings Bank has decreased its total deposits by -$5.16 million, resulting in -0.77% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Pioneer Savings Bank has shown is average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Pioneer Savings Bank has $758.25 million in assets with $90.95 million in equity, resulting in a capitalization level of 12.00%, which is above average.

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