Schuyler Savings Bank is headquartered in Kearny and is the 58th largest bank in the state of New Jersey. It is also the 3,792nd largest bank in the nation. It was established in 1924 and as of September of 2021, it had grown to 18 employees at 2 locations. Schuyler Savings Bank has an A health rating.
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Friendly Staff, Excellent Rates, True Community Bank
Schuyler Savings Bank is a true community bank. Its staff is very friendly, the service is excellent and their rates are always good. My family has banked there for years. They take pride in their community and their President and their Chief Financial Officer, who have been at the bank for a long time, are always just a phone call away. I highly recommend this bank for their rates, their people, and their service. It's a reminder of the old Cheers TV show, a place where everyone knows your name.
Data as of Q3 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 30072 |
| Year Established | 1924 |
| Employees | 18 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.3% |
| Return on Equity - YTD | 1.87% |
| Annual Interest Income | $2.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2021vs Q3 2020 | $126.2MM$126.0MM |
| Loans | Q3 2021vs Q3 2020 | $88.7MM$92.9MM |
| Deposits | Q3 2021vs Q3 2020 | $101.7MM$102.0MM |
| Equity Capital | Q3 2021vs Q3 2020 | $20.1MM$19.6MM |
| Loan Loss Allowance | Q3 2021vs Q3 2020 | $985.00K$922.00K |
| Unbacked Noncurrent Loans | Q3 2021vs Q3 2020 | $289.00K$849.00K |
| Real Estate Owned | Q3 2021vs Q3 2020 | $0$0 |