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  • Victory State Bank Cites SBA’s Definition of ‘Small Business’

    STATEN ISLAND, N.Y. -- Victory State Bank is the only community-based commercial bank in Staten Island, N.Y., so it’s not surprising that many of its customers are small-business owners. The nation’s “small business” community and its importanc...
  • Victory State Bank Employees Share Milestone

    Ralph Branca, president and CEO of Victory State Bank, far right, recently celebrated with colleagues in Giuliana’s Ristorante, Great Kills, during the bank’s annual anniversary dinner for employees with five or 10 years of service.  ...
  • Victory State Bank Shines Spotlight On Business Leadership

    STATEN ISLAND, N.Y. – What make a strong business leader? Raymond Cattell, a pioneer in the field of personality assessment, developed the Leadership Potential equation in 1954. A visit to Web site of the U.S. Small Business Administration, www.SBA.g...
  • Victory State Bank Sheds Light On Interest Rates

      STATEN ISLAND, N.Y. -- In today’s blog, Victory State Bank is focusing on the reasons behind current low interest rates. The financial crisis that began in 2007 was the most intense period of global financial strains since the Great Depression, ...
  • Victory State Bank: Beware Advance-Fee Loan Scams

      STATEN ISLAND, N.Y. -- You may be tempted by ads that guarantee loans or credit cards -- regardless of your credit history. The catch comes when you find out you have to pay a fee in advance, warns the Federal Trade Commission (FTC), http://www.ftc.g...
  • How is a Corporation Taxed in New York State?

      STATEN ISLAND. N.Y. -- Victory State Bank serves various types and sizes of corporations. Despite their differences, all the corporations have one thing in common: They pay taxes. The New York State Tax Law requires a corporation to file franchise ta...
  • Victory State Bank Urges Awareness Of National Cyber Security Awareness Month

      STATEN ISLAND, N.Y. -- Victory State Bank is helping to spread the word: October 2011 is National Cyber Security Awareness Month. This year marks the eighth annual National Cyber Security Awareness Month sponsored by the Department of Homeland Securi...
  • Does Franchising Make Sense For Your Business?

      STATEN ISLAND, N.Y. -- Are you interested in rapidly expanding your business? You might consider franchising, especially if your business model is easily replicated.   A franchise is a legal and commercial relationship between the owner of a tra...
  • Choose Your Credit Card Wisely

      STATEN ISLAND, N.Y. -- When choosing a credit card, the Federal Deposit Insurance Corp. (http://www.fdic.gov/) suggests you ask yourself if you plan to pay the balance in full each month. Many people don't pay their entire balance each month; they ...
  • What Does FDIC Deposit Insurance Cover?

    STATEN ISLAND, N.Y. – Victory State Bank -- Staten Island’ only community-based commercial bank -- is an FDIC-insured financial institution. What does this mean for depositors? The FDIC – short for the Federal Deposit Insurance Corporation – is...
  • Does Your Enterprise Need A Business Plan?

    STATEN ISLAND, N.Y. -- Launching a new enterprise? Victory State Bank recommends you begin with a business plan.   Is a business plan a necessity? The U.S. Small Business Administration puts it this way: The importance of a comprehensive, thoughtfu...
  • Federal Agency Builds Partnerships to Help American Firms Grow

      STATEN ISLAND -- Always on the lookout for opportunities that may enable the growth of its customers, Victory State Bank is sharing the following information:   The federal Minority Business Development Agency (MBDA) entered into two separate “Me...
  • How To Seek Federal Business Opportunities

      If you are ready to bid on federal contracts, there are a couple of ways to get started.   The U.S. Small Business Administration explains: One is to submit your business profile to a database that federal agencies use to locate contractors. This...
  • Victory State Bank: Business Operators Should Be Familiar With Federal Standard For Wages And Overtime Pay

      Staten Island, N.Y. -- Victory State Bank, Staten Island N.Y.’s only community-based commercial bank, understands that growing businesses may experience growing pains. But some of the pain can be averted with a clear understanding of – and adhere...
  • Groups Provide Free Counseling To Entrepreneurs

    STATEN ISLAND, N.Y. -- Businesses comes in all sizes, and so do the needs of entrepreneurs. If you are thinking about starting or growing a business, Victory State Bank suggests aligning yourself with experienced professionals --- mentors --- who can p...
  • Victory State Bank: Call Cops Quickly If You Receive A Counterfeit Note

    STATEN ISLAND, N.Y. – Victory State Bank is urging business operators and consumers to immediately notify the police should they come across a counterfeit bill.   If you live outside the United States and want to report counterfeit currency, you sh...
  • 14 Questions A Business Lender Typically Will Ask

      If you are in need of a business loan, you should expect your lender to ask a variety of questions related to your ability to repay the loan. The U.S. Small Business Administration suggests anticipating the following questions: 1) Can the business...
  • Victory State Bank Urges Learning About Dangers Associated With Peer-to-Peer Online Systems

    STATEN ISLAND, N.Y. -- Nowadays, most business people and consumers rely on computers for making their lives more efficient. As commonplace and useful as they are, however, computers can place our private information if we ignore the dangers.   When ...