The Gratz Bank is headquartered in Gratz and is the 90th largest bank in the state of Pennsylvania. It is also the 1,892nd largest bank in the nation. It was established in 1934 and as of December of 2020, it had grown to 48 employees at 6 locations. The Gratz Bank has an A health rating.
Gratz Bank is our local community bank. They have 4 branches in surrounding areas. We have a checking , savings, and our mortgage through them. Not only is it conveniently located, they tailor their products to the customer. It is nice to go into the branch and they know who you are and call you by name. We wanted to do an addition on our home and we didn't have enough equity so they worked with us on a construction loan and then streamed that into a new mortgage for us. They assured us every step in the process and immediately answered all our concerns. We also have our payment directly withdrawn from our checking account which allows us further savings in interest. I would definitely recommend this bank to everyone for a personable and friendly experience. Banking shouldn't have to be stressful.
The Gratz bank is a small local bank just outside of town. They have 4 branches. I enjoy doing my banking here. They are not only close and convenient but their customer service is top notch. They know their customers by name and always greet with a friendly smile. They offer many products from a multitude of loans to savings options. If you find yourself in a situation and you don't fit one of their conventional products they work with you to customize the products to your needs. This is something the large banks do not do. We have a mortgage as well as a checking and savings accounts here. Occasionally we do vacation/christmas spending clubs as well. I have never had a negative experience. When my husbands aunt and father passed away within a month of one another, they worked with us to pay off his fathers mortgage and gave us a mortgage on his aunts house to cover that. In that mortgage we had a year to start paying on the mortgage so we had time to get the house sold. Very satisfied and best customer service overall.
|FDIC Certificate #||14863|
|Return on Assets - YTD||1.06%|
|Return on Equity - YTD||11.57%|
|Annual Interest Income||$14.0MM|
|Assets and Liabilities|
|Assets||Q4 2020vs Q4 2019||$418.7MM$372.3MM|
|Loans||Q4 2020vs Q4 2019||$235.1MM$235.3MM|
|Deposits||Q4 2020vs Q4 2019||$375.1MM$331.2MM|
|Equity Capital||Q4 2020vs Q4 2019||$38.9MM$34.2MM|
|Loan Loss Allowance||Q4 2020vs Q4 2019||$2.8MM$2.7MM|
|Unbacked Noncurrent Loans||Q4 2020vs Q4 2019||$469.00K$828.00K|
|Real Estate Owned||Q4 2020vs Q4 2019||$0$0|
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|The Gratz Bank Locations|
|Valley View Branch||1625 West Main Street||Valley View, PA 17983|
|The Gratz Bank||32 West Market Street||Gratz, PA 17030|
|Herndon Office Branch||4231 State Route 147||Herndon, PA 17830|
|West Market Street Branch||2221 West Market Street||Pottsville, PA 17901|
|260 Sunbury St Br||260 Sunbury Street||Minersville, PA 17954|
|Trevorton Branch||450 West Shamokin Street||Trevorton, PA 17881|