Schuyler Savings Bank

24 Davis Ave
Kearny, NJ 7032
1-888-Schuyler (724-8953)
www.schuylersavings.com

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Schuyler Savings Bank is headquartered in Kearny and is the 103^rd largest bank in the state of New Jersey. It is also the 4,522^nd largest bank in the nation. It was established in 1924 and as of March of 2012, it had grown to 16 employees at 1 location. Schuyler Savings Bank has a 5-star health rating.

Schuyler Savings Bank Routing Number: 221270677

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See Rates for: Checking | Savings | Money Market | CD | IRA

Schuyler Savings Bank Checking Account Rates

Apy	Min	Max	Product
0.20%	-	-	Senior Checking Account
0.20%	$100	-	NOW Checking Account
0.20%	$100	-	Small Business Checking Account

Schuyler Savings Bank Savings Account Rates

Apy	Min	Max	Product
0.40%	-	-	Kid Savers Account
0.35%	-	-	Christmas Club Account
0.35%	-	-	Vacation Club Account
0.20%	-	-	Passbook Savings Account
0.20%	-	-	Statement Savings Account w/ATM Card

Schuyler Savings Bank Money Market Rates

Apy	Min	Max	Product
0.50%	$50k	-	Premimum Tiered Money Market Account
0.25%	-	-	Money Market Passbook Account

Schuyler Savings Bank CD Rates

Apy	Min	Max	Product
1.30%	$1k	-	60 Month CD
1.25%	$1k	-	48 Month CD
1.20%	$1k	-	36 Month CD
1.20%	$1k	-	36 Month Flexible CD
0.85%	$1k	-	30 Month CD
0.80%	$1k	-	24 Month CD
0.75%	$1k	-	18 Month CD
0.75%	$1k	-	18 Month Flexible CD
0.75%	$1k	-	18 Month Variable CD
0.50%	$1k	-	12 Month CD
0.45%	$1k	-	13 Month CD
0.40%	$1k	-	6 Month CD
0.40%	$1k	-	7 Month CD
0.25%	$1k	-	91 Day CD
0.25%	$1k	-	99 Day CD
0.25%	$1k	-	5 Month CD

Schuyler Savings Bank IRA Rates

Apy	Min	Max	Product
1.30%	$1k	-	60 Month IRA
1.30%	$1k	-	60 Month Roth IRA
1.30%	$1k	-	60 Month Education IRA
1.25%	$1k	-	48 Month IRA
1.25%	$1k	-	48 Month Roth IRA
1.25%	$1k	-	48 Month Education IRA
1.20%	$1k	-	36 Month IRA
1.20%	$1k	-	36 Month Flexible IRA
1.20%	$1k	-	36 Month Flexible Roth IRA
1.20%	$1k	-	36 Month Roth IRA
1.20%	$1k	-	36 Month Education IRA
1.20%	$1k	-	36 Month Flexible Education IRA
0.85%	$1k	-	30 Month IRA
0.85%	$1k	-	30 Month Roth IRA
0.85%	$1k	-	30 Month Education IRA
0.80%	$1k	-	24 Month IRA
0.80%	$1k	-	24 Month Roth IRA
0.80%	$1k	-	24 Month Education IRA
0.75%	$1k	-	18 Month IRA
0.75%	$1k	-	18 Month Flexible IRA
0.75%	$1k	-	18 Month Variable IRA
0.75%	$1k	-	18 Month Flexible Roth IRA
0.75%	$1k	-	18 Month Roth IRA
0.75%	$1k	-	18 Month Variable Roth IRA
0.75%	$1k	-	18 Month Education IRA
0.75%	$1k	-	18 Month Flexible Education IRA
0.75%	$1k	-	18 Month Variable Education IRA
0.50%	$1k	-	12 Month IRA
0.50%	$1k	-	12 Month Roth IRA
0.50%	$1k	-	12 Month Education IRA
0.45%	$1k	-	13 Month IRA
0.45%	$1k	-	13 Month Roth IRA
0.45%	$1k	-	13 Month Education IRA
0.40%	$1k	-	6 Month IRA
0.40%	$1k	-	7 Month IRA
0.40%	$1k	-	6 Month Roth IRA
0.40%	$1k	-	7 Month Roth IRA
0.40%	$1k	-	6 Month Education IRA
0.40%	$1k	-	7 Month Education IRA
0.25%	$1k	-	91 Day IRA
0.25%	$1k	-	99 Day IRA
0.25%	$1k	-	5 Month IRA
0.25%	$1k	-	91 Day Roth IRA
0.25%	$1k	-	99 Day Roth IRA
0.25%	$1k	-	5 Month Roth IRA
0.25%	$1k	-	91 Day Education IRA
0.25%	$1k	-	99 Day Education IRA
0.25%	$1k	-	5 Month Education IRA

Rates updated: 5/27/2012

Data for Q1 2012

Institution Statistics

Schuyler Savings Bank
FDIC Certificate #	30072
BankRate Report	View
Year Established	1924
Employees	16
Primary Regulator	FDIC
Assets and Liabilities
Assets	$117.34 million
Loans	$60.85 million
Deposits	$98.32 million
Equity Capital	$17.60 million
Loan Loss Allowance	$777,000
Unbacked Noncurrent Loans	$1.31 million
Historic Data - March 2011
Assets	$120.19 million
Equity Capital	$17.37 million
Loan Loss Allowance	$925,000
Unbacked Noncurrent Loans	$1.10 million
Real Estate Owned	$234,000
Profit Margin - Quarterly
Net Interest Margin	2.75%
Return on Assets	0.22%
Return on Equity	1.43%
Interest Income	$988,000

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 Schuyler Savings Bank had $1.31 million in non-current loans and owned real-estate with $18.37 million in equity and loan loss allowances on hand to cover it. This gives Schuyler Savings Bank a Texas Ratio of 7.13% 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 Schuyler Savings Bank held steady from 7.27% as of March 31, 2011 to 7.13% as of March 31, 2012, resulting in a positive change of 1.93%.This indicates that the balance sheet and financial strength for Schuyler Savings Bank has held steady in recent periods.
Deposit Growth
In the past year, Schuyler Savings Bank has decreased its total deposits by -$3.33 million, resulting in -3.28% 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 Schuyler Savings Bank has shown is below 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. Schuyler Savings Bank has $117.34 million in assets with $18.37 million in equity, resulting in a capitalization level of 15.66%, which is excellent.

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