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

Directors Management OfficersSchuyler 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, 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

  • Rosana Galarza, 801515
  • Wieslawa H. Pawlowicz, 1035614
  • Alejandra Pereira, 1650901
  • Celia P. Ribeiro, 1033038
  • Diana Rodrigues, 1033036
  • Nancy M. Shaw, 800178
  • Celia Fernandes, 1804253
  • Ronald Severino, 918741
  • Alberto Alemany, 1870210

Schuyler Savings Bank, 507571

Schuyler Savings Bank Routing

221270677

Financial Information

AssetsDecember 31, 2019December 31, 2018
Statements of Financial Condition

Cash and amounts due from depository institutions

$543,476

$344,091

Interest-bearing deposits in other banks

$9,657,289

$11,264,493

Total cash and cash equivalents

$10,200,765

$11,608,584

Securities available for sale

$3,822,271

$4,011,586

Investment securities , net

$15,057,872

$18,566,522

Mortgage-backed securities, net

$632,566

$912,815

Loans receivable, net

$84,478,321

$79,222,174

Real estate owned, net

$0

$0

Premises and Equipment, net

$1,176,731

$1,134,662

Federal Home Loan Bank of New York Stock

$334,600

$240,500

Other Assets

$4,448,757

$4,465,698

Total Assets

$120,169,883

$120,162,541

Liabilities and Retained Earnings

Liabilities

Deposits

$93,403,413

$95,792,012

Borrowed money

$5,000,000

$3,000,000

Other liabilities

$2,201,090

$2,264,590

Total Liabilities

$100,604,503

$101,056,602

Retained earnings - substantially restricted

$19,292,579

$18,958,119

Accumulated other comprehensive income

$272,801

$147,820

Total retained earnings

$19,565,380

$19,105,939

Total liabilities and retained earnings

$120,169,883

$120,162,541

 

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