LAST UPDATED: 4/6/2020


Victory State Bank is making every effort to assist our business customers in this uncertain environment.

We are developing procedures to participate in the CARES Act Paycheck Protection Program, and we are working diligently to roll out an online portal
to make this process easier for our customers.    

We are not a certified SBA Lender , however, we have requested and are awaiting authority from the SBA to be able to offer these loans to our customers.  We anticipate receiving this delegated authority in the very near future. In the interim, we will begin reviewing applications
as we await the SBA’s authority to process and approve the loan applications.  

Victory State Bank business customers can begin the process by completing the application (link) and compiling the following information which we
believe will be required for the PPP loan:
  • Driver’s License – Front and Back
  • All 2019 IRS Quarterly Form 940, 941, or 944 payroll tax reports
  • Payroll reports for the 12-month period ending on your most recent payroll date which indicates the following information:
    • Gross wages for each employee, including officer(s) if paid W-2 wages.
    • Paid time off for each employee
    • Vacation pay for each employee
    • Family medical leave pay for each employee
    • State and local taxes assessed on each employee’s compensation
  • 1099s for independent contractors for 2019
  • Documentation showing total of all health insurance premiums paid by the company owner(s) under a group health plan (include all employees and the company owners)
  • Document the sum of all retirement plan funding that was paid by the company (owner(s) (do not include funding that came from employees out of their paycheck deferrals). 
  • Include all employees and the company owners. Include 401k plans, Simple IRA, SEP IRAs.
  • A list of all employees whose annual payroll cost is $100,000 or more (SSN and Name can be redacted)
For more information please review this fact sheet (link)
PPP Borrower Application Form (link)

Please complete the application (link) and include all the required documentation and scan and
email to This email address is being protected from spambots. You need JavaScript enabled to view it.

Please monitor this page for updates.


FTC Reports a Surge in Consumer Coronavirus-Related Complaints


As everyone continues to cope with the COVID-19 pandemic, Victory State Bank in Staten Island, N.Y., is reminding consumers and business owners to be on the alert for fraud during today’s unprecedented circumstances.

According to the Federal Trade Commission (FTC), consumer coronavirus-related complaints to the government agency have surged in recent weeks.

Since the beginning of the year, the FTC has received more than 7,800 coronavirus-related reports from consumers, double what they were about a week ago, the agency stated in a March 31 news post on its website.

The top categories of coronavirus-related fraud complaints include:

§       Travel and vacation related reports about cancellations and refunds

§       Reports about problems with online shopping

§      Mobile texting scams

§      Government and business imposter scams

In fraud complaints that mentioned the coronavirus, consumers reported losing a total of $4.77 million, with a reported median loss of $598.

The FTC will release numbers regularly on its Explore Data web page detailing coronavirus-related complaints from consumers. Visit for more information about the types of coronavirus-related scams we are hearing about, tips on how to avoid them, and other information about what the FTC is doing to protect consumers.

The FTC urges those who have encountered any type of fraud — including fraud related to the ongoing coronavirus crisis — to report it via



NYC Offers Updates Via Texts, Emails on Latest Developments Regarding COVID-19

Victory State Bank in Staten Island, N.Y., is urging everyone to take the proper steps in protecting themselves and others from the coronavirus (COVID-19). Of particular importance, is acquiring information from reliable sources, such as the Centers for Disease Control and Prevention (CDC), the Office of Gov. Andrew M. Cuomo and the Office of New York City Mayor Bill de Blasio, as well as the Small Business Administration (SBA) for information regarding Disaster Assistance Loans for Small Businesses Impacted by Coronavirus (COVID-19).

Mayor de Blasio’s office has advised that New Yorkers text COVID to 692-692 to get regular updates on the latest developments regarding COVID-19; Text COVIDESP to 692-692 for updates in Spanish.

Yesterday (March 22, 2020), Mayor de Blasio updated New Yorkers on the City’s response to COVID-19. Effective March 22, at 8 p.m., the City began enforcing the closure of all non-essential businesses in New York City, pursuant to State regulations. 

As of 10 a.m. yesterday, citywide, there were 9,654 positive cases of COVID-19 and 63 fatalities; there were 2,715 cases in Queens 2,072 in Manhattan, 2,857 in Brooklyn, 1,411 in the Bronx, and 593 in Staten Island. There were 63 confirmed COVID-related fatalities. 

“I need every New Yorker to understand how serious the situation is right now. We have to change the way we live if we’re going to bend the curve of this epidemic. Do your part: stay home. That is the single most important thing someone can do right now. Protect yourself and save lives: Only go out for the essentials,” said Mayor Bill de Blasio

New Restrictions

Effective March 22, at 8 p.m., all non-essential businesses in New York City were to be closed. Only businesses with essential functions will be permitted to operate. Examples include grocery stores, pharmacies, internet providers, food delivery, banks, financial institutions and mass transit. Businesses that provide essential services must implement rules that help facilitate social distancing. The NYPD will be out in neighborhoods across the City to ensure compliance with these policies. 

The City is also enforcing the following rules for non-vulnerable individuals with fines and mandatory closures:

  • No non-essential gatherings; any concentration of people outside their home must be limited to workers providing essential services
  • Practice social distancing in public (6 feet or more)
  • Limit use of public transportation to only when absolutely necessary.
  • Sick individuals should not leave home except to receive medical care.

Stay Informed

Over 700,000 New Yorkers have signed up for the City’s COVID text notification system to get regular updates on the latest developments with coronavirus in New York City text COVID to 692-692.  New Yorkers can text COVIDESP to 692-692 for updates in Spanish. You will receive regular SMS texts with the latest news and developments. If you have any questions on finding medical care call 311.


Take Steps to Weaken Teleconference Hijacking Threat During COVID-19 Pandemic


In the midst of the COVID-19 crisis, with an abundance of people working from home and using video-teleconferencing (VTC) platforms for both personal and business reasons, Victory State Bank in Staten Island, N.Y., is urging everyone to takes steps in protecting their cyber conferences from hackers.

In a warning issued March 30, the FBI stated the following:

 As large numbers of people turn to video-teleconferencing (VTC) platforms to stay connected in the wake of the COVID-19 crisis, reports of VTC hijacking (also called “Zoom-bombing”) are emerging nationwide. The FBI has received multiple reports of conferences being disrupted by pornographic and/or hate images and threatening language.

Within the FBI Boston Division’s area of responsibility (AOR), which includes Maine, Massachusetts, New Hampshire, and Rhode Island, two schools in Massachusetts reported the following incidents:

  • In late March 2020, a Massachusetts-based high school reported that while a teacher was conducting an online class using the teleconferencing software Zoom, an unidentified individual(s) dialed into the classroom. This individual yelled a profanity and then shouted the teacher’s home address in the middle of instruction.
  • A second Massachusetts-based school reported a Zoom meeting being accessed by an unidentified individual. In this incident, the individual was visible on the video camera and displayed swastika tattoos.

As individuals continue the transition to online lessons and meetings, the FBI recommends exercising due diligence and caution in your cybersecurity efforts. The following steps can be taken to mitigate teleconference hijacking threats:

  • Do not make meetings or classrooms public. In Zoom, there are two options to make a meeting private: require a meeting password or use the waiting room feature and control the admittance of guests.
  • Do not share a link to a teleconference or classroom on an unrestricted publicly available social media post. Provide the link directly to specific people.
  • Manage screensharing options. In Zoom, change screensharing to “Host Only.”
  • Ensure users are using the updated version of remote access/meeting applications. In January 2020, Zoom updated their software. In their security update, the teleconference software provider added passwords by default for meetings and disabled the ability to randomly scan for meetings to join.
  • Lastly, ensure that your organization’s telework policy or guide addresses requirements for physical and information security.

If you were a victim of a teleconference hijacking, or any cyber-crime for that matter, report it to the FBI’s Internet Crime Complaint Center at

If you receive a specific threat during a teleconference, report it to the FBI at



UPDATED: 4/2/2020

To help prevent the spread of the Coronavirus, Victory State Bank will be closing the branch lobbies and operate from the drive-thru lanes only. 

The following branches are open with drive-thru lanes access only:
  • Great Kills - Main Office
 4142 Hylan Blvd. Staten Island, NY 10308
Phone: 718-979-1100
Hours: 8:30am - 4:00pm
  • West Brighton
 755 Forest Avenue Staten Island, NY 10310
Phone: 718-815-1100
Hours: 8:30am - 4:00pm

In addition, the following branches are not open until further notice:
  • St. George
  • Meier's Corner
  • Rosebank
  •  Dongan Hills
If it is imperative for you to come in and access your safe deposit box or need to do business on the banking floor with our Branch Staff, please call to set up an appointment. 
We will gladly make accommodations as necessary. 

VSB Banking services available:
  • Digital Banking - Access your VSB account information, Online Bill Pay, Transfer between VSB accounts, Make Loan Payments
  • VSB Mobile App on Apple or Android devices - Access your VSB account information, Online Bill Pay, Transfer between VSB accounts, Make Loan Payments, Deposit Checks using Mobile Remote Capture
  • Telephone Banking system (718-815-5500)
  • ATM Machines
  • ATM and Debit Cards
  • Merchant Remote Deposit Capture 

Thank you for understanding the current circumstance and our objective at this time is to keep our staff and
customers safe during this time.

Please check this page regularly for updates.