Victory State Bank Asks, “Is It Truly Made in The USA?”


STATEN ISLAND, N.Y, -- With the upcoming holiday shopping season, many of you will be rushing to stores and ecommerce sites in hopes of securing the best gift for loved ones. Victory State Bank would like to remind you that there are laws in place to ensure you are given accurate information on where your purchased products were made.

The Federal Trade Commission has laws and guidelines to help businesses know when it’s appropriate to use the Made in USA label. That, in turn, helps consumers trust the labels they see.

  • A company that makes a “Made in the USA” or other United States origin claim for its product should be able to prove that all or almost all of that product was made in the United States. Products with these labels should contain virtually no material or components from other countries.
  • In general, products processed or finished in the USA that contain materials from other countries should not be labeled “Made in the USA” without further explanation. Look for qualifying statements near the claim that explain which components of the product come from the USA.
  • By law, most textiles and wool products must identify where they were made.
  • The law requires automobiles made since October 1, 1994, for sale in the U.S., to have a label stating where the car was assembled.

 

About Victory State Bank:

VSB Bancorp, Inc. (NASDAQ: VSBN) is the one-bank holding company for Victory State Bank. As Staten Island, N.Y.’s only community-based commercial bank, Victory State Bank operates five full-service locations on the Island: The main office in the community of Great Kills, and branches in the communities of West Brighton, St. George, Dongan Hills and Rosebank. For additional information, Victory State Bank may be reached at 718-979-1100 or visited online http://www.victorystatebank.com. .

 

Media Inquiries:

Relevant Public Relations, LLC

Headquarters: 718 682 1509

www.RelevantPR.com

Mobile: 917 715 8761

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.