Solvay Bank

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High Interest Checking

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Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
2.00%	Reward Checking	High Interest Checking 1.75% - National Average
0.03%	Checking	NOW Account 0.13% - National Average
1.70%	5-year CD	60 Month CD 1.85% - Synchrony Bank 60 Month CD

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Overview / Commentary

www.solvaybank.com

315-468-1661

1537 Milton Avenue
Solvay, NY 13209

Solvay Bank is headquartered in Solvay and is the 54^th largest bank in the state of New York. It is also the 872^nd largest bank in the nation. It was established in 1917 and as of June of 2016, it had grown to 162 employees at 9 locations. Solvay Bank has an A health rating.

Rates Are Competitive But...........

Posted by: bumper203 | Jun 24, 2011

Their rates are competitive locally, but we have had several instances where we were treated poorly by their tellers. There's an arrogance and unfriendliness by the tellers that we have not encountered at other banks. They seem more interested in "zinging" you than in being helpful. A recent example: a simple transaction where we wanted to exchange $600 in small bills (mostly 20s) into larger bills was met with such antagonism that we gave up on the transaction.

Their ATMs located at their branches and main office are frequently not in service or out of paper.

We currently have multiple accounts with the bank, yet we are rarely treated in a helpful manner.

5

Great Rates...Awful Service.

Posted by: SP | Oct 31, 2011

Yes they have some of the best rates available for accounts and mortgages, but their service is awful. The mortgage department is especially poor. Questions brushed off, no return phone calls, gives the impression that they don't want to be bothered like they are doing you a favor. Unbelievable!

5

Great Rates, Aweful Service

Posted by: Jmm11 | Apr 13, 2012

Great bank overall but if you have good credit but with a marginal past, good luck getting a loan. I recently applied for a loan and was turned down cause of stuff that was on my report. The stuff on the report was taken care of years ago and was given letters of satisfaction. This stuff was brought back into question and was denied a loan. I would not encourage anyone to bank through them if you are triing to rebuild your credit, they will not give you a chance.

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2

Health

A

Data as of Q2 2016

Learn more about bank health

Health Grade Components

Overall
FDIC Certificate #	13297
Year Established	1917
Employees	162
Primary Regulator	FED

Profit Margin
Return on Assets - YTD	0.81%
Return on Equity - YTD	9.19%
Annual Interest Income	$12.6MM

Assets and Liabilities
Assets	Q2 2016vs Q2 2015	$837.9MM$778.1MM
Loans	Q2 2016vs Q2 2015	$502.3MM$457.2MM
Deposits	Q2 2016vs Q2 2015	$749.3MM$697.3MM
Equity Capital	Q2 2016vs Q2 2015	$74.9MM$72.2MM
Loan Loss Allowance	Q2 2016vs Q2 2015	$5.7MM$5.6MM
Unbacked Noncurrent Loans	Q2 2016vs Q2 2015	$3.0MM$2.9MM
Real Estate Owned	Q2 2016vs Q2 2015	$0$0

Rates

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Money Market
Checking
CD
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Solvay Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.08%^*	$10k^*	-	HSA Accounts
OTHER TIERS: 0.06% → Up to $10k
0.03%	-	-	Statement Savings

Solvay Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.10%^*	$100k^*	-	Money Market Account
OTHER TIERS: 0.08% → $2,500 - $100k
0.10%^*	$100k^*	-	Money Market Advantage
OTHER TIERS: 0.08% → Up to $100k
0.10%^*	$100k^*	-	Non-Personal Money Market Account
OTHER TIERS: 0.08% → $2,500 - $100k
0.10%^*	$100k^*	-	Non-Personal Money Market Advantage
OTHER TIERS: 0.08% → Up to $100k

Solvay Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
2.00%^*	-	$15k	High Interest Checking
OTHER TIERS: 0.10% → $15k+
0.03%	-	-	NOW Account
0.03%	-	-	NOW Non-Personal Account

Solvay Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.70%	$500	-	60 Month CD
1.40%	$500	-	48 Month CD
1.21%	$500	-	19 Month CD Promo
1.10%	$500	-	36 Month CD
0.75%	$500	-	16 Month CD
0.70%	$500	-	30 Month CD
0.60%	$500	-	24 Month CD
0.50%	$500	-	12 Month CD
0.50%	$500	-	18 Month CD
0.25%	$500	-	182 Day CD
0.10%	$500	-	91 Day CD

Solvay Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.70%	$500	-	60 Month IRA
1.40%	$500	-	48 Month IRA
1.10%	$500	-	36 Month IRA
0.70%	$500	-	30 Month IRA
0.60%	$500	-	24 Month IRA
0.50%	$500	-	12 Month IRA
0.50%	$500	-	18 Month IRA
0.25%	$500	-	182 Day IRA

Locations

Solvay Bank Locations
Syracuse Branch	109 South Warren Street	Syracuse, NY 13202
Solvay Bank	1537 Milton Avenue	Solvay, NY 13209
Fairmount Branch	4131 West Genesee St	Syracuse, NY 13219
Westvale Branch	527 Charles Avenue	Solvay, NY 13209
Camillus Branch	56 Genesee Street	Camillus, NY 13031
North Syracuse Branch	628 South Main Street	North Syracuse, NY 13212
Liverpool Branch	7421 Oswego Road	Liverpool, NY 13090
Cicero Branch	7895 Brewerton Road	Cicero, NY 13039
Dewitt Branch	6828 E Genesee St	Fayetteville, NY 13066