Raffaele (Ralph) M. Branca

November 21, 2017

Victory State Bank Marks 20th Anniversary

Formed with initial capitalization of $7 million, Staten Island’s only community-based commercial bank now has total equity of $32.7 million and nearly $400 million in total assets STATEN ISLAND, N.Y. (November 2017) – Victory State Bank, Staten Island’s only community-based commercial bank has marked its 20th anniversary, flourishing in tandem with the borough’s vibrant business sector […]
May 15, 2017

VSB Bancorp 2017 1st Quarter Gains $21.2M in Assets

STATEN ISLAND, N.Y. – (April 2017) First-quarter results of VSB Bancorp, Inc. (OTCQX: VSBN) show an increase of $21.2 million in assets, or 6.4 percent, at March 31, 2017, from December 31 of the last year. Also up, is the net income of $619,820 for the first quarter of 2017, which signifies an increase of $70,424, or […]
September 23, 2016

VSB Bancorp, Inc. Announces Cash Dividend For 36th Consecutive Time

STATEN ISLAND, N.Y. (September 2016) – VSB Bancorp, Inc. (OTCQX: VSBN), the holding company for Victory State Bank, has declared a quarterly cash dividend of 7 cents per share. The dividend is payable Oct. 3, 2016 to stockholders of record on Sept. 23, 2016. “We are pleased to announce our 36th consecutive cash dividend. Our increase […]