Experience Victory's Personal Service:

• Easy access to senior management, including the President.

• Fast answers on all loan requests. All decisions are made on Staten Island.

• Friendly staff that finds you a solution to your issue or problem.

• Courtesy call when your account is overdrawn.

• No voicemail. All calls are answered by staff during business hours.

• No "nickeling and diming" you for fees.

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We have designed Victory to provide a high level of service to small business and professionals. Although we offer a high level of personal contact with our customers we insist that our bank provide technologically advanced services. Our Internet Banking website which provides our customers with full front and back imaging of all checks is an example of that.

We believe that you will find our friendly, knowledgeable staff to be a welcome change from the often indifferent attitude of the many multi-billion dollar banks offering their services in our market.

Many banks trumpet their dedication to customer service but they are in reality sales and profit driven. When quality of customer service interferes with the bottom line at those banks it is service that is sacrificed. At Victory we sacrifice income to offer better service in the belief that quality service will in the long run provide excellent profitability.

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VSB Bancorp, Inc. is the one-bank holding company for Victory State Bank, a New York State chartered commercial bank. As a result of Victory State Bank's reorganization into the holding company form on May 30, 2003, the stockholders of Victory State Bank became the stockholders of VSB Bancorp, Inc., receiving three shares of VSB Bancorp, Inc. stock for each two shares of Victory State Bank stock that they owned. Each stockholder held the same percentage interest in VSB Bancorp, Inc. immediately after the reorganization that the stockholder held in Victory State Bank immediately before the reorganization. VSB Bancorp, Inc. now owns 100% of the common stock of Victory State Bank.

VSB Bancorp, Inc. is listed on the OTCQB Market under the symbol "VSBN".
 

Joseph J. LiBassi
Chairman of the Board
Private Investor {Play}
 

Raffaele M. Branca
President & CEO
VSB Bancorp, Inc. and
Victory State Bank
 

Joan Nerlino-Caddell
Attorney, Owner
Joan Nerlino Caddell
& Associates, PLLC

Robert P. Moore
Retired Vice President
KeySpan
 

Alfred C. Johnsen, CPA
Private Practice
Alfred C. Johnsen, CPA

Dr. Carlos Perez
Medical Doctor
 

Bruno Savo
Builder/Developer
Savo Brothers, Inc.

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Victory State Bank is a state-chartered, stock commercial bank, which was formed on November 13, 1997 with initial capital of $7,000,000 and commenced operations on November 17, 1997. The initial capital was raised in a public offering, primarily in the borough of Staten Island. The Bank operates five full service locations in Staten Island, the main office in Great Kills, the second on Forest Avenue, the third on Hyatt Street, the fourth branch on Hylan Boulevard and the fifth on Bay Street. The Bank's results of operations are dependent primarily on net interest income, which is the difference between the income earned on its loan and investment portfolios and its direct costs of funds, consisting of interest paid on its deposits. The Bank's operating expenses principally consist of employee compensation and benefits, occupancy expenses, professional fees, advertising and marketing expenses and other general and administrative expenses.

The Bank's results of operations are significantly affected by general economic and competitive conditions, particularly changes in market interest rates, government policies and actions of regulatory authorities.

"Victory State Bank proudly supports Community Organizations."

American Sri Lanka Buddhist Association Inc.
http://sibv.org/


Project Hospitality
http://www.projecthospitality.org/


Staten Island Children's Museum.
http://sibv.org/


Staten Island Meals on Wheels.
http://www.mealsonwheelsofsi.org/home.asp


Staten Island Mental Health Society.
http://www.simhs.org/


The Staten Island Museum.
http://www.statenislandmuseum.org


The Tibetan Museum.
http://www.tibetanmuseum.org/

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  1. Branch Locations

 

Great Kills: 4142 Hylan Blvd., Staten Island, NY 10308
Phone: (718)979-1100 Fax: (718)979-1101
Get Directions
West Brighton: 755 Forest Avenue., Staten Island, NY 10310
Phone: (718)815-1100 Fax: (718)815-1111
Get Directions
St. George: 1 Hyatt Street., Staten Island, NY 10301
Phone: (718)876-5400 Fax: (718)876-5300
Get Directions
Dongan Hills: 1762 Hylan Blvd., Staten Island, NY 10305
Phone: (718)979-2300 Fax: (718)979-2100
Get Directions
Rosebank: 1065 Bay Street., Staten Island, NY 10305
Phone: (718)981-1200 Fax: (718)981-1220
Get Directions
Loan Office:: 1762 Hylan Blvd., Staten Island, NY 10305
Phone: (718)979-2000 Fax: (718)979-3800
Get Directions