Solvay Bank

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
2.00%	Reward Checking	High Interest Checking 1.96% - National Average
0.05%	Checking	NOW Account 0.90% - nbkc bank Personal Account
1.60%	5-year CD	60 Month CD 3.00% - Barclays 60 Month Online CD

View all Solvay Bank rates »

Overview / Commentary

www.solvaybank.com

315-468-1661

1537 Milton Avenue
Solvay, NY 13209

Solvay Bank is headquartered in Solvay and is the 55^th largest bank in the state of New York. It is also the 860^th largest bank in the nation. It was established in 1917 and as of March of 2018, it had grown to 161 employees at 9 locations. Solvay Bank's savings rates are 92% higher than the national average, and it 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.

7

Like Others Great Rates Poor Service

Posted by: Tommybahama | Apr 11, 2018

Systems are old and antiquated frequently they are down for service and it seems like their employees are unhappy and don’t care about having business

1

Time To Go!

Posted by: BTR | May 22, 2017

Not a fan of this bank. Difficult to deal with.
This is "old banking" at its worst.
They will continue to lose market share in my opinion.

1

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.

Comment

3

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!

6

Health

A

Data as of Q1 2018

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	13297
Year Established	1917
Employees	161
Primary Regulator	FED

Profit Margin
Return on Assets - YTD	0.99%
Return on Equity - YTD	11.27%
Annual Interest Income	$7.0MM

Assets and Liabilities
Assets	Q1 2018vs Q1 2017	$888.5MM$858.2MM
Loans	Q1 2018vs Q1 2017	$553.8MM$526.0MM
Deposits	Q1 2018vs Q1 2017	$786.6MM$763.1MM
Equity Capital	Q1 2018vs Q1 2017	$76.6MM$74.5MM
Loan Loss Allowance	Q1 2018vs Q1 2017	$5.8MM$5.6MM
Unbacked Noncurrent Loans	Q1 2018vs Q1 2017	$2.3MM$3.9MM
Real Estate Owned	Q1 2018vs Q1 2017	$0$0

Rates

Skip to rates for:

Savings
Money Market
Checking
CD
IRA

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Solvay Bank; we are a rate comparison website and cannot provide official rates or promotions.

* 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
1.00%^*	-	$250k	Statement Savings Special (New Money)
OTHER TIERS: 0.03% → $250k+
0.08%^*	$10k^*	-	HSA Accounts
OTHER TIERS: 0.06% → Up to $10k
0.06%	-	-	Statement Savings

Solvay Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
2.25%^*	-	$100k	Money Market Account Special (New Money) w/ Direct Deposit
OTHER TIERS: 0.10% → $100k+
0.25%^*	$100k^*	-	Money Market Account
OTHER TIERS: 0.08% → $2,500 - $25k \| 0.15% → $25k - $100k
0.25%^*	$100k^*	-	Money Market Advantage
OTHER TIERS: 0.08% → Up to $25k \| 0.15% → $25k - $100k
0.25%^*	$100k^*	-	Non-Personal Money Market Account
OTHER TIERS: 0.08% → $2,500 - $25k \| 0.15% → $25k - $50k \| 0.20% → $50k - $100k
0.25%^*	$100k^*	-	Non-Personal Money Market Advantage
OTHER TIERS: 0.08% → Up to $25k \| 0.15% → $25k - $100k
0.10%	-	-	Money Market Special (New Money) w/o Direct Deposit

Solvay Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
2.00%^*	-	$15k	High Interest Checking
OTHER TIERS: 0.10% → $15k+
0.05%	-	-	NOW Account
0.03%	-	-	NOW Non-Personal Account

Solvay Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
3.00%	$500	$250k	36 Month CD Special (New Money)
2.35%	$500	-	30 Month CD
2.25%	$500	$250k	24 Month CD Special (New Money)
1.75%	$500	-	18 Month CD
1.60%	$500	-	60 Month CD
1.30%	$500	-	48 Month CD
1.25%	$500	-	16 Month CD
1.05%	$500	-	36 Month CD
0.60%	$500	-	24 Month CD
0.50%	$500	-	12 Month CD
0.25%	$500	-	182 Day CD
0.10%	$500	-	91 Day CD

Solvay Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
3.00%	$500	$250k	36 Month IRA Special (New Money)
2.35%	$500	-	30 Month IRA
1.75%	$500	-	18 Month IRA
1.60%	$500	-	60 Month IRA
1.30%	$500	-	48 Month IRA
1.05%	$500	-	36 Month IRA
0.60%	$500	-	24 Month IRA
0.50%	$500	-	12 Month IRA
0.25%	$500	-	182 Day IRA

Locations

Cities: Baldwinsville, Camillus, Cicero, Fayetteville, Liverpool, North Syracuse, Solvay, Syracuse

Baldwinsville Branches
Baldwinsville Branch	197 Downer Street	Baldwinsville, NY 13027

Camillus Branches
Camillus Branch	56 Genesee Street	Camillus, NY 13031

Cicero Branches
Cicero Branch	7895 Brewerton Road	Cicero, NY 13039

Fayetteville Branches
Dewitt Branch	6828 E Genesee St	Fayetteville, NY 13066

Liverpool Branches
Liverpool Branch	7421 Oswego Road	Liverpool, NY 13090

North Syracuse Branches
North Syracuse Branch	628 South Main Street	North Syracuse, NY 13212

Solvay Branches
Solvay Bank	1537 Milton Avenue	Solvay, NY 13209
Westvale Branch	527 Charles Avenue	Solvay, NY 13209

Syracuse Branches
Syracuse Branch	109 South Warren Street	Syracuse, NY 13202
Fairmount Branch	4131 West Genesee St	Syracuse, NY 13219

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact feedback@depositaccounts.com to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.