Check out Jersey Shore State Bank and forget your tough time in banking. This bank is here to ensure a better banking experience and a family-friendly money management environment.
You are in the right place if you are still looking for a better option to meet financial needs in a short time. It’s a long story, how this bank went so far and added a feature of success to its crown.
They’ve taken the attention of every person in the community because of better and dedicated service. Just go first and say what types of product you need.
From CDs to Savings, every type of product is available here. Let’s explore the hidden truth of this bank below.
What Is Jersey Shore State Bank?
Jersey Shore State Bank is another great example of community banking in the United States of America. This dedicated financial institution was established in 1934 and set its headquarters in Williamsport, Pennsylvania.
This is not the end of the story for JSSB. After their initial setup for banking, they started to offer unique but contemporary financial services and products.
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As time flies, they increase the line of their product. After evaluation of their services and overall growth, we found they’ve assets totaling $1 billion and $810 million in deposits.
So, it’s a medium-sized bank and now this is the 37th largest bank in the state. On the other hand, JSSB is the 772nd largest bank in the nation.
They’ve got a variety of banking products including checking accounts, money market accounts, savings accounts, CDs, IRAs, Mortgage products, and credit cards. For better services, this bank got an “A” health rating.
What You Should Know About JSSB?
If no one told you the importance of knowing more details about a community bank then you’re in the right place.
To give your best shot on a community bank for daily banking, knowing some crucial fact is more important than anything. Check below first and find out why all of them are important for you.
| Particulars | Remarks |
| Industries | Banking, Financial Services |
| Headquarters, Region | 300 Market Street, Williamsport, Pennsylvania 17701 |
| Founded Date | May 12, 1934 |
| Operating Status | Active |
| Company Type | For-Profit |
| Became FDIC Insured | May 12, 1934 |
| Number of Branches | 19 |
| Online Banking Website | www.jssb.com |
| FDIC Insured | Yes |
| FDIC Certificate | # 14359 |
| Assets | $ 1354.46 million |
| Loans | $1006.69 million |
| Deposits | $1114.49 million |
| Capital | $112.10 million |
| Concentration | Commercial Lending Specialization |
| Holden By | Penns Woods Bancorp Inc. |
| Charter Class | Commercial Bank, State Charter, and Fed nonmember, Supervised by the FDIC |
| Employees | 242 |
| Primary Regulator | FDIC |
| Return on Assets – YTD | 0.96% |
| Return on Equity – YTD | 11.83% |
| Annual Interest Income | $42.4MM |
What About Assets & Liabilities?
Amazing community banks can reflect amazing financial stability and strength. We’ve collected some financial data from this bank for you. That is all you need to get things done.
It also ensures the future of a community bank. Take a close look at all of these values of financial parameters and thank me later.
| Particulars | Q4 2021 | Q4 2020 |
| Assets | $1.35B | $1.31B |
| Loans | $1.01B | $978.9MM |
| Deposits | $1.11B | $1.04B |
| Equity Capital | $112.1MM | $104.8MM |
| Loan Loss Allowance | $10.3MM | $9.3MM |
| Unbacked Noncurrent Loans | $2.9MM | $6.5MM |
| Real Estate Owned | $83.00K | $237.00K |
What Types of Product Available To Enjoy Daily Banking From This Bank?
It’s not an easy decision to make for better money management, especially when you have limited options to choose from.
The Jersey Shore State Bank doesn’t care for other community banks. They only know that the customer is their life.
So, they come with a wide range of financial products and services. All these products and services are given below for you.
Personal Banking:
- Personal Checking
- Personal Savings, CDs, Money Market
- Personal E-Banking
- Mobile Banking Apps
- Calculators
- Rates
Personal Loan Services:
- Mortgage
- Mortgage Pre-Approval
- Mortgage – Who We Are
- Home Equity
- Car Loans
- Credit Cards
- Calculators
Investment:
- CFG Financial Services
Business Banking:
Business Deposit Services:
- Business Checking
- Business Savings & Money Market
- Resubmittlt
- Rates
Commercial Loan Services:
- Commercial Lenders – Who We Are
- Commercial Loans
- Calculators
Commercial Services:
- Business E-Banking
- Mobile Banking Apps
- Cash Management
- Business Credit Cards
What is the Rate of Their Popular Product?
A better rate of return makes customers happy. They can get the financial benefits in a short time which also helps them to meet their financial needs.
JSSB also has some suitable options for it. Here is the rate and the comparison chart is given below.
| Product | Current Terms and Rates | Minimum Balance for APY |
| Savings Account | 0.1% APY | $5 |
| Checking Account | 0.02% APY | $1 |
| Certificates of Deposit | 12 Months: 0.10% APY 24 Months: 0.15% APY 36 Months: 0.35% APY 48 Months: 1.00% APY 60 Months: 1.00% APY | $5000 for all terms |
| Money Market Accounts | 0.05% APY 0.05% APY | $10000 $15000 |
Comparison Chart:
| Notable Rates | APY | Vs. Others |
| Savings | 0.01% | 1.02% |
| 1 Year CD | 0.05% | 2.15% |
| 2 Year CD | 0.10% | 2.81% |
| 5 Year CD | 0.40% | 3.05% |
| 30 Year Mortgage | N/A | 2.81% |
| 15 Year Mortgage | N/A | 2.36% |
| HELOC | N/A | 2.79% |
Do You Know Jersey Shore State Bank Locations?
- 150 Continental Blvd, Danville, PA 17821
- 9094 Rt. 405 Highway, Montgomery, PA 17752
- 820 Broad Street, Montoursville, PA 17754
- 1720 East Third Street, Williamsport, PA 17701
- 300 Market Street, Williamsport, PA 17701
- 300 Market Street, Williamsport, PA 17701
- 1900 Ravine Road, Williamsport, PA 17701
- 2675 Euclid Avenue, Duboistown, PA 17702
- 115 South Main Street, Jersey Shore, PA 17740
- 112 Bridge Street, Jersey Shore, PA 17740
- 4 West Main Street, Lock Haven, PA 17745
- 173 Hogan Boulevard, Mill Hall, PA 17751
- 3635 Penns Valley Road, Spring Mills, PA 16875
- 2842 Earlystown Road, Center Hall, PA 16828
- 100 Cobblestone Road, Bellefonte, PA 16823
- 2050 North Atherton Street, State College, PA 16803
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Conclusion:
In the final segment, we can say one thing about Jersey Shore State Bank. This bank is truly an amazing financial institution.
From online to mobile banking, everywhere this bank takes unique steps to offer the best banking service. Everyone can enjoy their product and services in different ways.
Even it has branches in some key locations, where people find them easily. Over time, this bank becomes the ultimate financial solution for many business organizations and individuals.
JSSB is indeed contributing to developing people financially and that also helps them to develop the community.
Your money is secure in their hands and they’ll give you the best idea on how to make it more useful in the future.
