Federal Deposit Insurance Corporation

FDIC-Insured - Backed by the full faith and credit of the U.S. Government

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
  • Bruce Kelly, Vice President/Commercial Lending

Originators NMLS ID’s

  • Diana Rodrigues, 1033036
  • Nancy M. Shaw, 800178
  • Jason R. Winn, 2380079
  • Bruce Kelly, 401800
  • Alberto Alemany, 1870210

Schuyler Savings Bank, 507571

Schuyler Savings Bank Routing

221270677

Financial Information

Statements of Financial Condition

Assets    

December 31, 2024

December 31, 2023

Cash and amounts due from depository institutions

$569,593

$553,165

Interest-bearing deposits in other banks

$8,284,450

$5,177,187

Total cash and cash equivalents

$8,854,043

$5,730,352

Securities available for sale

$5,711,544

$4,238,882

Investment securities , net

$4,180,900

$4,588,681

Mortgage-backed securities, net

$150,919

$174,480

Loans receivable, net

$113,908,071

$115,649,220

Real estate owned, net

$0

$0

Premises and Equipment, net

$896,378

$934,069

Federal Home Loan Bank of New York Stock

$444,600

$444,600

Other Assets

$4,869,476

$4,712,239

Total Assets

$139,015,931

$136,472,523

Liabilities and Retained Earnings

Liabilities

Deposits

$108,407,463

$105,867,715

Borrowed money

$7,000,000

$7,000,000

Other liabilities

$2,597,803

$2,527,177

Total Liabilities

$118,005,266

$115,394,892

Retained earnings - substantially restricted

$20,624,482

$20,767,994

Accumulated other comprehensive income

$386,183

$309,637

Total retained earnings

$21,010,665

$21,077,631

Total liabilities and retained earnings

$139,015,931

$136,472,523