Seneca Savings is headquartered in BALDWINSVILLE and is the 98th largest bank in the state of New York. It is also the 2,770th largest bank in the nation. It was established in 1928 and as of June of 2023, it had grown to 54 employees at 4 locations. Seneca Savings has an A health rating.
Doing Business With A Very Dependable Bank.
Seneca Federal Savings and Loan is a great bank to do business with on a personal level and a business level. One of the best things you get when you bank with Seneca Federal is a bank that will listen and a willingness to understand your business needs. I have used Seneca Federal for over 20 years on both the personal side and the business side. They have been there and listened to my needs as I started to expand my business the last 4 years. Seneca Federal has given me and my company great support over the last 20 years. Their employees have always been very courteous and kind.
Data as of Q2 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 29496 |
| Year Established | 1928 |
| Employees | 54 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.39% |
| Return on Equity - YTD | 4.69% |
| Annual Interest Income | $5.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $240.7MM$222.6MM |
| Loans | Q2 2023vs Q2 2022 | $180.4MM$157.6MM |
| Deposits | Q2 2023vs Q2 2022 | $191.4MM$175.8MM |
| Equity Capital | Q2 2023vs Q2 2022 | $20.5MM$20.3MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $2.0MM$1.9MM |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $96.00K$242.00K |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$125.00K |