jersey shore state bank

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.

Jersey Shore State Bank
Picture: Jersey Shore State Bank

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.

Start your day with JSSB
Picture: Start your day with JSSB

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.

ParticularsRemarks
IndustriesBanking, Financial Services
Headquarters, Region300 Market Street, Williamsport, Pennsylvania 17701
Founded DateMay 12, 1934
Operating StatusActive
Company TypeFor-Profit
Became FDIC InsuredMay 12, 1934
Number of Branches19
Online Banking Websitewww.jssb.com
FDIC InsuredYes
FDIC Certificate# 14359
Assets$ 1354.46 million
Loans$1006.69 million
Deposits$1114.49 million
Capital$112.10 million
ConcentrationCommercial Lending Specialization
Holden ByPenns Woods Bancorp Inc.
Charter ClassCommercial Bank, State Charter, and Fed nonmember, Supervised by the FDIC
Employees242
Primary RegulatorFDIC
Return on Assets – YTD0.96%
Return on Equity – YTD11.83%
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.

ParticularsQ4 2021Q4 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
Get every detail of your account through the mobile app
Picture: Get every detail of your account through the mobile app

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.

ProductCurrent Terms and RatesMinimum Balance for APY
Savings Account0.1% APY$5
Checking Account0.02% APY$1
Certificates of Deposit12 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 Accounts0.05% APY 0.05% APY$10000 $15000

Comparison Chart:

Notable RatesAPYVs. Others
Savings0.01%1.02%
1 Year CD0.05%2.15%
2 Year CD0.10%2.81%
5 Year CD0.40%3.05%
30 Year MortgageN/A2.81%
15 Year MortgageN/A2.36%
HELOCN/A2.79%
Picture: National Average vs. Jersey Shore State
Picture: National Average vs. Jersey Shore State

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.

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