03/22/2023: In Recent Banking News
Seneca Savings is local and strong
For over 95 years we’ve been here to support you, your families, and businesses. We want to assure you that our capacity to preserve and secure your funds is and remains strong. Our bank is well-capitalized, which ensures that your accounts and funds remain safe and secure as they always have been.
As an FDIC-insured bank, deposits are automatically insured up to at least $250,000 per depositor, per FDIC-insured bank, per ownership category (e.g. single, joint, trust, business, employee benefit, and certain retirement accounts). The fdic.gov website provides information on insurance rules, limits, and coverage by account type. We are also here to help you assess, understand, and structure your deposit accounts to ensure FDIC coverage.
Rest assured, Seneca Savings is solid as a rock and stands with you. Our strong leadership team, from myself to our CFO, our Senior Vice Presidents, our Board of Directors, our branch managers that you know and love, are steadfast in our principles and values, as those before us have been, and those who come after us forever will be. For 95 Years we’ve been honored to be your local bank. We continue to invest in our people, resources that serve you the customer, and the beautiful communities we live and work in. As always, we’re only a phone call or email away. That’s the value of a local, community bank. We’re here with you… for life’s journeys.
CEO, President Director