Ballston Spa Bancorp, Inc. is the bank holding company for Ballston Spa National Bank, a community bank headquartered in Ballston Spa, New York. Through its wholly owned subsidiary, the company provides a comprehensive range of banking products and services to individuals, small businesses, and nonprofit organizations across Saratoga County and the surrounding upstate New York region.
The company’s deposit portfolio includes checking, savings, money market accounts, and certificates of deposit, designed to meet both everyday transactional needs and longer-term savings objectives. On the lending side, Ballston Spa Bancorp offers commercial real estate and business term loans, residential mortgage loans, consumer installment loans, and home equity lines of credit. Digital banking services, including online and mobile platforms, complement its branch network, allowing customers to access accounts, transfer funds, and pay bills remotely.
Ballston Spa National Bank, chartered in 1838, has grown from a single location in downtown Ballston Spa to a local franchise with multiple branches throughout Saratoga County. In 2007, the bank reorganized under Ballston Spa Bancorp to enhance its strategic flexibility and strengthen its capital base. Today, the company remains committed to its historical roots, emphasizing personalized service and community engagement while adapting to technological advancements in the financial sector.
Governed by a board of directors and led by a senior management team, Ballston Spa Bancorp emphasizes strong corporate governance, risk management, and customer-centric values. The company actively participates in local economic development initiatives and charitable endeavors, reinforcing its role as a community bank dedicated to supporting the growth and prosperity of the region it serves.
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