Massena Savings and Loan has been in operation for over 75 years in New York state.  Massena Savings and Loan serves the people of the North Country New York including Massena, New York and its surrounding communities.  Massena Savings and Loan has been FDIC insured since October 14, 1949.  The bank was established on January 1, 1924.  Massena Savings and Loan is chartered as a Savings Association.  Therefore the primary regulator is the Office of Thrift Supervision (OTS).

As of June 31, 2009, the bank had a total of 18 full-time equivalent employees, total bank assets were $132,103,000.00 total bank deposits stood at $95,424,000.00 and net operating income was $489,000.00.

Massena Savings and Loan most recent performance ratios.
As of June 31, 2009:

Yield on earning assets 6.47% 
Cost of funding earning assets 3.25% 
Net interest margin 3.22%
Noncurrent loans to loans 1.08%
Equity capital to assets 9.68%
Core capital (leverage) ratio 9.68% 
Tier 1 risk-based capital ratio 15.71% 
Total risk-based capital ratio 16.55%
 
Massena Savings and Loan products and services:

Massena Savings and Loan is a savings association that was formed with the primary emphasis on traditional banking and home loan lending.  Current bank products and services include: N.O.W. accounts, checking accounts, free checking, savings accounts, money market accounts, certificates of deposit, and several types of loans including conventional real estate mortgages, home equity lines of credit, passbook certificate notes, consumer loans, home improvement loans, auto loans and more.  The bank also offers free online banking & bill pay, Visa check/debit cards, drive-up ATM, drive-in facilities, money orders, night deposit vault, bank-by-mail, safe deposit boxes and other service.

Massena Savings and Loan branch bank locations:

Massena Savings and Loan
255 Main Street
Massena, NY 13662
Phone:  315-764-0541
Fax:  315-769-6542

Massena Savings and Loan
155 Lincoln Street
Waddington, NY 13694
Phone: 315-388-4970
Fax: 315-388-4973

Massena Savings and Loan web address: www.massenasavingsloan.com

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