SSB Bank is headquartered in Pittsburgh and is the 107th largest bank in the state of Pennsylvania. It is also the 2,825th largest bank in the nation. It was established in 1922 and as of June of 2022, it had grown to 33 employees at 2 locations. SSB Bank has a B health rating.
Great Bank Great People
One of the best banks I have delt with. I also love the 2.25% I get on $25,000.00 and 1.50% on $100,000.00 from their KASASA accounts.
Feel the Love From a Local Bank Instead of a "Chain"
When dealing with a local bank like I do with Slovak Savings Bank, you can actually notice the difference of how you're treated as opposed to dealing with banks like PNC, Citizens, etc. in the Pittsburgh area. I know the bankers by name and have a good relationship with them, for them to just technically be "strangers". There are no crazy checking/savings fees except for withdrawing at an unauthorized ATM, and there are no other hidden fees that you run into sometimes with the larger banks. Also, Slovak really tries to look out for their customers by doing everything they can to accommodate most request and their loan processors have been amazing, thus far, as I needed help getting approved for a personal loan and they somehow pulled it off after I was denied from bigger banks. After using a local bank like Slovak for so long, I'm not sure how I could ever go back to a big-name bank if I had to relocate or for whatever other reasons.
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 30431 |
| Year Established | 1922 |
| Employees | 33 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.56% |
| Return on Equity - YTD | 6.67% |
| Annual Interest Income | $4.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $239.7MM$245.2MM |
| Loans | Q2 2022vs Q2 2021 | $194.7MM$195.2MM |
| Deposits | Q2 2022vs Q2 2021 | $196.1MM$185.3MM |
| Equity Capital | Q2 2022vs Q2 2021 | $20.3MM$19.2MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $2.0MM$1.6MM |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $6.5MM$4.5MM |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$829.00K |