VSB Bancorp
March 23, 2020
STATEN ISLAND, N.Y. – VSB Bancorp, Inc. (VSBN), the holding company for Victory State Bank, recently declared a quarterly cash dividend of 15 cents per share, payable on April 1, 2020 to stockholders of record on March 20, 2020. “We are pleased to announce our 50th consecutive cash dividend. Our earnings allow us to continue to […]
December 16, 2019
FOR IMMEDIATE RELEASE: MONDAY, DEC. 16, 2019 VSB Bancorp, Inc. Announces 49th Consecutive Cash Dividend STATEN ISLAND, N.Y. – VSB Bancorp, Inc. (VSBN), the holding company for Victory State Bank, recently declared a quarterly cash dividend of 15 cents per share, payable on Jan. 2, 2020 to stockholders of record on Dec. 20, 2019. The action, announced […]
January 22, 2019
The only community-based commercial bank in Staten Island, N.Y., experiences 27 percent increase in annual earnings STATEN ISLAND, N.Y. (Nov. 22, 2019) – VSB Bancorp, Inc. (OTCQX: VSBN) had a net income of $1,017,813 for the fourth quarter of 2018, an increase of $696,277, or 216.6 percent, from the fourth quarter of 2017, according to recently […]
November 21, 2017
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 […]
October 24, 2017
STATEN ISLAND, N.Y. (Oct. 2017) – VSB Bancorp, Inc. (OTCQX: VSBN) – Staten Island’s only community-based commercial bank – recently reported net income of $724,213 for the third quarter of 2017. The figure represents an increase of $157,046 – or 27.7 percent – from the third quarter of 2016. “Our year over year earnings results show robust […]
May 15, 2017
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
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 […]
May 5, 2014
Annual stockholders’ meeting highlights growth of Staten Island, N.Y.’s only community-based commercial bank Staten Island, N. Y. (May 5, 2014) – An upbeat mood filled Victory State Bank headquarters April 22, as stockholders received a favorable 2013 roundup from the financial company’s holding company, VSB Bancorp, Inc. (OTCQB: VSBN). “We are pleased with the results of our […]
November 10, 2010
The Federal Trade Commission has a new Business Center at Business.ftc.gov that gives business owners, attorneys, and marketing professionals the tools they need to understand and comply with the consumer protection laws, rules, and guides the FTC enforces. The Business Center provides practical, plain-language guidance about advertising, credit, telemarketing, privacy, and a host of other topics. A series of short videos […]
October 20, 2010
STATEN ISLAND, N.Y. — Victory State Bank’s sense of community is all encompassing. The bank’s “Furr Our Furry Friends” campaign aims to help Staten Island’s population of homeless animals. Through the end of the month, all Victory State Bank locations will be accepting contributions for allocation to local animal shelters. “We are collecting monetary donations, as […]
August 6, 2010
Free Victory State Bank course teaches budgeting, banking skills to new Staten Island mothers enrolled in Nurse-Family Partnership NEW YORK CITY — Ten first-time mothers participating in the Nurse-Family Partnership (NFP) program on Staten Island gathered yesterday at the Stapleton site to mark their graduation from a financial-literacy program and share in a baby shower. The […]
April 25, 2010
Staten Island, N.Y. — VSB Bancorp, Inc. (NASDAQ: VSBN) is reporting unaudited net income of $432,222 for the first quarter of 2010, a 15.9 percent increase over the same period last year. The $59,171 increase in net income was due to a decrease in the provision for loan loss of $185,000, partially offset by an […]