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  • Put More Money Aside By Cutting Home-Energy Costs

      When it comes to saving money or helping businesses expand, Victory State Bank can help. But sometimes saving money can be as simple as following a few sensible cost-cutting tips. The following advice from the U.S. Department of Energy may help you c...
  • Incorporating Provides Liability Protection For Shareholders

      In the United States, businesses register as legal entities (sole proprietors, partnerships, or corporations). You do not have to incorporate and may wish to set up your business based on one of the following models listed on http://www.usa.gov: ...
  • How To Save Money Behind The Wheel

      STATEN ISLAND, N.Y. -- In today’s challenging economy, the old adage “A penny saved is a penny earned” carries significant weight for consumers and business owners alike. One way to cut expenses, and “earn” instead of spending, is to adjust...
  • Emergency Savings Fund Could End Up Saving You Money

    STATEN ISLAND, NY.Y -- It may not be easy to create, especially in tough economic times, but having an emergency fund could save you money. An emergency fund is money set aside for unplanned expenses. According to the New York City Department of Consume...
  • 5 Tips For Teaching Children About Financial Responsibility

    STATEN ISLAND, N.Y. -- The road to financial-literacy can begin in childhood. Victory State Bank notes that parents begin teaching their kids about money by following a few simple tips, like these from the Federal Deposit Insurance Corp:    1) Play...
  • Habit-Forming Savings Tips

    STATEN ISLAND, N.Y. -- Most of us agree that there are bad habits, as well as good: Smoking is bad; saving for the future is good.   Saving even a small amount of money can go a long way toward meeting your savings goals.  Victory State Bank recomm...
  • Determine If A Company Is Legit Before Entering Into A Business Deal

      STATEN ISLAND, N.Y. -- If you are running an enterprise and are contemplating doing businesses with a company you are unsure about, Victory State Bank suggests following this advice from the U.S. Department of State: If the company is located in the...
  • Does The Government See Your Enterprise As A ‘Small Business’?

    Not necessarily, according to Victory State Bank. This is because the U.S. Small Business Administration points out you may be taking it for granted that your enterprise is a "small business." But that may not be the case. The distinction is important i...
  • How To Protect Yourself From Cashier’s-Check Scams

    STATEN ISLAND, N.Y. – Nowadays, many businesses and consumers use charge cards or other forms of electronic payment to ensure a smooth and honest transaction. Another option is one that had been precedes the Internet: Cashier’s Checks. A cashier's...
  • How To Remove Your Name From Mailing Lists

    STATEN ISLAND, N.Y. -- Some consumers want to be on marketers' mailing and telephone lists for new offers, and some don’t. If you fall into the latter category, Victory State Bank suggests you follow these tips from the Federal Deposit Insurance Corp...
  • Victory State Bank CEO, FBI Warn Residents Of Phone Callers’ ‘Jury Duty Scam’

    Victory State Bank CEO, FBI Warn Residents Of Phone Callers’ ‘Jury Duty Scam’ ID thieves tell targeted victims that arrest warrant has been issued for failing to show up for jury duty STATEN ISLAND, N.Y. -- It’s all in the numbers ...
  • Victory State Bank: Join The Battle Against Counterfeiters

    STATEN ISLAND, N.Y. -- Victory State Bank is reminding the public to be on the lookout for counterfeit money. Victory State, the only community-based commercial bank in Staten Island, N.Y., suggests visiting the “How To Detect Counterfeit Money” (htt...
  • VSB Bancorp, Inc. Commencing 3rd Stock Repurchase

    STATEN ISLAND, N.Y. – The Board of Directors of VSB Bancorp Inc. (NASDAQ: VSBN), the holding company for Victory State Bank, has authorized the company’s third Rule 10b5-1 stock repurchase program. The approval allows for the repurchase of up to 10...
  • How To Wisely Handle An Inheritance

    STATEN ISLAND, N.Y. -- For anyone receiving an inheritance, Victory State Bank suggests a solid financial overview, which can begin with an online visit to the U.S. Securities and Exchange Commission (http://investor.gov/life-events/inheritance).   T...
  • Consider ‘5 Cs’ Of Credit Analysis Before Seeking Business Loan

    STATEN ISLAND. N.Y. -- Are you in need of a business loan? According to Victory State Bank, a bit of advance preparation will assist in your goal. A complete and thoroughly documented loan request – including a business plan –will help a lender und...
  • Staten Island Gatherings To Mark The Solemn 9/11 Anniversary

    A variety of solemn events will take place on Staten Island this weekend to mark the 10th anniversary of the 9/11 terrorist attacks.   Among the events are: The 10th Anniversary Display of the United in Memory 9/11 Victims Memorial Quilt will be at...
  • Prepare To Protect Your Finances If Disaster Strikes

    STATEN ISLAND, N.Y. – In recent days, Staten Island and the surrounding region have experienced an earthquake, a damaging storm and flooding.   Disasters rarely give advance warning and can happen anytime. Whether a natural catastrophe strikes an ...
  • 10 Tips For Growing Your Business

    STATEN ISLAND, N.Y. – If you have successfully launched a business and are presently seeking ways to grow your enterprise, Victory State Bank suggests you read these tips from the U.S. Small Business Administration (http://www.sba.gov/): Open anoth...
  • Victory State Bank’s Natural Gas Generator Offers Peace Of Mind When Island Communities Go Dark

      STATEN ISLAND, N.Y. (Sept. 6, 2011) -- It was barely more than a week ago when wind-rushing Hurricane Irene drenched Staten Island, leaving thousands in the borough without electricity. Despite the sporadic outages and disruption of local commerce, V...
  • 10-Day Plan For Establishing A Payroll System; Day 10: Learn How to Report Payroll Tax

    STATEN ISLAND, N.Y. -- The following tip is part of Victory State Bank’s 10-part series based on the U.S. Small Business Administration’s (www.sba.gov) 10 steps for setting up a payroll system for your business. Report Payroll Tax There are severa...