The Bank of Greene County is headquartered in Catskill and is the 46th largest bank in the state of New York. It is also the 657th largest bank in the nation. It was established in 1974 and as of September of 2018, it had grown to 162 employees at 16 locations. The Bank of Greene County has an A health rating.
I recently left a bank due to several name changes. Staff at Bank of Greene County were helpful and professional. I even brought my laptop into the branch and they assisted me in signing in to my account. I cannot say enough. I am finally an individual again and not just a number.
Bank of Greene county pays much better interest rates than my NYC bank. Their staff is always friendly, and does not have a high-pressure sales approach. I have been transitioning more and more of my relationship to BOGC, and hopefully they will help me refinance my home from Wells Fargo.
I have had many accounts over the years with numberous banks, nearly all of which were held at large national banks such as B of A and Citizens Bank.
I stumbled upon The Bank of Greene County due to a friend and never thought I would bank there, just hadn't crossed my mind as an option I guess.
Not only did I get a free IPOD during the IPOD promo give-away, The Bank of Greene County gives me 5.00% on my checking and savings account(s) up to a total balance of 1000.00 per account (allowed to have 4). Free checking accounts at many national banks are starting to vanish, but not at Greene County - still completely free.
In addition to a totally free account that earns 5.00% interest, I also earn hundreds of bonus points through the VISA rewards program associated with my debit card that Greene County participates in. I earn 100 points for each account, and for things like direct deposit, using online banking, bill pay, etc - up to a total of 1000 bonus points per month on top of points for using my debit card.
The only downside is there aren't many branches in my area but all in all, its a very rewarding relationship and I'm glad I came across The Bank of Greene County -
The Bank offers competitive products and always attempts to offer services to assist its customers. The website is easy to use and allows me to monitor my account 24/7. As long as I maintain my check register, I avoid overdraft fees. The Bank employees are always willing to work with me anytime I make an error.
In the summer of 2017 my Ex-Wife had herself removed from my account. I followed up her removal with a call of my own to verify that I was the only account holder.
My online account and statements also reflected this.
On October 19th my accounts were completely cleaned out and I immediately reported the missing funds and the unauthorized use of my account and information.
I spoke with customer service twice and filed a fraud form. The bank informed me that my ex-wife was in-fact still listed on the account and she was entitled to withdraw the funds and that the case was now closed.
I am absolutely disgusted with this bank.
|FDIC Certificate #||21591|
|Return on Assets - YTD||1.28%|
|Return on Equity - YTD||15.96%|
|Annual Interest Income||$31.7MM|
|Assets and Liabilities|
|Assets||Q3 2018vs Q3 2017||$1.19B$1.04B|
|Loans||Q3 2018vs Q3 2017||$725.0MM$638.8MM|
|Deposits||Q3 2018vs Q3 2017||$1.00B$921.7MM|
|Equity Capital||Q3 2018vs Q3 2017||$96.6MM$83.9MM|
|Loan Loss Allowance||Q3 2018vs Q3 2017||$12.3MM$11.1MM|
|Unbacked Noncurrent Loans||Q3 2018vs Q3 2017||$3.4MM$3.4MM|
|Real Estate Owned||Q3 2018vs Q3 2017||$79.00K$752.00K|
Rates for The Bank of Greene County are currently being reviewed.