The Bank of Greene County is headquartered in CATSKILL and is the 30th largest bank in the state of New York. It is also the 434th largest bank in the nation. It was established in 1974 and as of September of 2024, it had grown to 199 employees at 19 locations. The Bank of Greene County's savings rates are 10X the national average, and it has an A health rating.
The Bank of Greene County is the official place to pay your property and school taxes. This bank lost ours last year. Seriously -- they took our money but did not pay the tax bill, which then led to official notices of back taxes and payment penalty. Fortunately I had the receipt but it took a long time to sort out and the bank's employees were less than helpful. It was really the government who sorted it out, not the bank. At the end of it, they claimed that the check payment was accidentally shredded by an employee who no longer worked there. Convenient excuse! They had no idea what happened. So that's quite a bit of incompetence to swallow when it comes to picking a bank. Steer clear is my advice.
If youre in Greene Country then don't even think about it, just join! Amazing bank. Love what you guys are doing!
Probably the worst experience I’ve had with a bank. Customer service was not helpful. Had to call several times to resolve issues when trying to transfer money. After accepting application for savings account, they sent a letter soon after saying they were closing it with no explanation at all. And to top it off, they restricted access to the account and waited a month before sending us a check for the account balance. My advice, choose another bank.
Overall | |
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FDIC Certificate # | 21591 |
Year Established | 1974 |
Employees | 199 |
Primary Regulator | OCC |
Profit Margin | |
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Return on Assets - YTD | 0.97% |
Return on Equity - YTD | 11.63% |
Annual Interest Income | $81.1MM |
Assets and Liabilities | ||
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Assets | Q3 2024vs Q3 2023 | $2.88B$2.69B |
Loans | Q3 2024vs Q3 2023 | $1.48B$1.43B |
Deposits | Q3 2024vs Q3 2023 | $2.51B$2.44B |
Equity Capital | Q3 2024vs Q3 2023 | $246.2MM$216.3MM |
Loan Loss Allowance | Q3 2024vs Q3 2023 | $19.8MM$20.2MM |
Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $3.7MM$5.5MM |
Real Estate Owned | Q3 2024vs Q3 2023 | $0$302K |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.