About Us

Serving Our Community Since 1924

Schuyler Savings Bank has been serving the Kearny and surrounding NJ communities since 1924.
As a true “Community Bank”, we are committed and dedicated to providing excellent service to our customers with branches both in Kearny and Harrison. Being very attentive to customer needs and offering more personalized service has helped us earn the prestigious BauerFinancial™ Five-Star Rating of “Superior” for 25 consecutive years.

So if you’re looking for a bank that treats you like a valued customer with outstanding service, the time is right to come home to Schuyler Savings Bank. We’re redefining what community banking should be!

Meet Schuyler Savings Bank

Schuyler Savings Bank Board of Directors

  • Alberto Alemany
  • George Halski
  • Bruce Kauffmann, Vice Chairman
  • George Moroses
  • Robert P. Mooney, Chairman

In Memoriam

  • Valentinas Melinis (served 1999-2007)
  • James Cummings (served 1995-2015)

Officers

  • George V. Halski, President and Chief Executive Officer
  • Alberto Alemany, Executive Vice President/Chief Financial Officer
  • Francesca Sgambellone, Vice President and Treasurer/Operations
  • Nancy M. Shaw, Vice President/Lending
  • Ronald Severino, Vice President/Commercial Lending

Originators NMLS ID’s

  • Diana Rodrigues, 1033036
  • Nancy M. Shaw, 800178
  • Jason R. Winn, 2380079
  • Ronald Severino, 918741
  • Alberto Alemany, 1870210

 

 

Schuyler Savings Bank, 507571

Schuyler Savings Bank Routing

221270677

Financial Information

AssetsDecember 31, 2022December 31, 2021
Statements of Financial Condition

Cash and amounts due from depository institutions

$590,376

$758,145

Interest-bearing deposits in other banks

$9,297,358

$19,651,118

Total cash and cash equivalents

$9,887,734

$20,409,263

Securities available for sale

$5,228,927

$3,738,165

Investment securities , net

$4,872,954

$3,360,701

Mortgage-backed securities, net

$218,367

$409,983

Loans receivable, net

$103,065,500

$93,249,930

Real estate owned, net

$0

$0

Premises and Equipment, net

$997,449

$1,065,259

Federal Home Loan Bank of New York Stock

$208,700

$213,700

Other Assets

$4,464,436

$4,257,012

Total Assets

$128,944,067

$126,704,013

Liabilities and Retained Earnings

Liabilities

Deposits

$103,704,052

$101,992,479

Borrowed money

$2,000,000

$2,000,000

Other liabilities

$2,555,220

$2,521,805

Total Liabilities

$108,259,272

$106,514,284

Retained earnings - substantially restricted

$20,558,711

$19,980,408

Accumulated other comprehensive income

$126,084

$209,321

Total retained earnings

$20,684,795

$20,189,729

Total liabilities and retained earnings

$128,944,067

$126,704,013

 

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