Staten Island Business Bank Shines Light On Change in Credit-Scoring Process


STATEN ISLAND, N.Y. (Aug. 8, 2014) Victory State Bank is highlighting a consumer-friendly change in the way credit scores are determined.

Yesterday, FICO (NYSE:FICO), a leading predictive analytics and decision management software company, announced a modification in the credit-score creation process.

According to the company, its new FICO® Score 9 introduces a more nuanced way to assess consumer collection information, bypassing paid collection agency accounts and offering a sophisticated treatment differentiating medical from non-medical collection agency accounts. 

Victory State Bank points out that an article in today’s edition of the Wall Street Journal says the move “will likely make it easier for tens of millions of Americans to get loans.”

Additional details of the new FICO® Score 9 may be found online at




About Victory State Bank

VSB Bancorp, Inc. (OTCQB: 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 at

Media Contact:  

Relevant Public Relations, LLC

Headquarters: 718‑682‑1509

Mobile: 917‑715‑8761

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