North Country Savings Bank is headquartered in CANTON and is the 94th largest bank in the state of New York. It is also the 2,441st largest bank in the nation. It was established in 1909 and as of March of 2023, it had grown to 68 employees at 4 locations. North Country Savings Bank's money market rates are 36% higher than the national average, and it has an A health rating.
Great local bank
I have been working with North Country Savings Bank for 8 years. The staff is always friendly. There is never a wait for the inside teller lines. Our mortgage was handled professionally with no glitches. Overall, a wonderful local bank that I would highly recommend to anyone.
Great local bank
I have been working with North Country Savings Bank for 8 years. The staff is always friendly. There is never a wait for the inside teller lines. Our mortgage was handled professionally with no glitches. Overall, a wonderful local bank that I would highly recommend to anyone.
Great local bank
I have been working with North Country Savings Bank for 8 years. The staff is always friendly. There is never a wait for the inside teller lines. Our mortgage was handled professionally with no glitches. Overall, a wonderful local bank that I would highly recommend to anyone.
So Far So Good
So far so good. Transferred large sum to their hi-yield advantage checking back in Nov'09. Interest rates still 3% apr.
Their website could use some overhaul. They charge a monthly fee for their MoneyHQ transfer system. But you don't have to use it. Can do standard transfer on their regular transfer interface.
They do require a lot of paperwork, even for simple things like adding an external transfer account at another bank. But if you are patient and promptly respond to their requests, things go smoothly.
Their qualifications to meet the hi-yield interest are just slightly easier than other banks. I use their debit card for all my purchases under $10.00. It's easy to meet their 10 debit transactions monthly using that method. ;-)
This Is Not An Internet Bank
I checked out North Country because of a high rate CD identified on this site. I checked out their website and there was no on-line CD application function.
I called and learned the following:
1. They are accepting deposits nationwide.
2. The application process involves them sending an application form which must be returned Notarized by snail mail.
3. CD funding can only be accomplished by snail mailing a check.
4. Upon receiving the application North Country will call you and ask some authentication questions and to get a sense of anticipated account activity levels.
Based on these time consuming procedures, I decided this would not work for me, especially in an environment of falling market interest rates. So, I did not ask any further questions about related potential issues and fees.
The customer service representative (actually I was transferred to a personal banker) was very helpful.
My rating is based on being an out-of-state customer. They do have an on-line banking capability, but like most other banks, apparently access is accomplished only after a banking account has been established.
Terrible Bank Do Not Recommend
I am from Virginia and have lived in St. Lawrence for 3 years now. I have had an account at NCSB the whole time. I have had nothing but issues With this bank. The only ATM for 30+ miles is broke more than its not. It has taken money from my account and I didn't receive the money. It still has the old stile envelope deposit. It only allows a $300 withdrawal per day. The after hours 24/7 hotline is someone saying that I'll have to wait for branch to open. It also holds government bank checks for 7 business days. Even when theres enough to cover check in the account. They do not take 3rd party checks at all. I will be closing this account as soon as all deposited money's is no longer pending. They need to step in to the 21st century. Or at least the 20th century. Do not and will not recommend.
Data as of Q1 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 16030 |
| Year Established | 1909 |
| Employees | 68 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.45% |
| Return on Equity - YTD | 3.68% |
| Annual Interest Income | $3.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2023vs Q1 2022 | $305.4MM$317.9MM |
| Loans | Q1 2023vs Q1 2022 | $251.4MM$237.7MM |
| Deposits | Q1 2023vs Q1 2022 | $252.2MM$259.5MM |
| Equity Capital | Q1 2023vs Q1 2022 | $37.3MM$40.0MM |
| Loan Loss Allowance | Q1 2023vs Q1 2022 | $1.1MM$902.00K |
| Unbacked Noncurrent Loans | Q1 2023vs Q1 2022 | $769.00K$835.00K |
| Real Estate Owned | Q1 2023vs Q1 2022 | $18.00K$35.00K |