Victory State Bank
Victory State Bank is a state-chartered, stock commercial bank, which was formed on November 13, 1997 with initial capital of $7,000,000 and commenced operations on November 17, 1997. The initial capital was raised in a public offering, primarily in the borough of Staten Island. The Bank operates five full service locations in Staten Island, the main office in Great Kills, the second on Forest Avenue, the third on Hyatt Street, the fourth branch on Hylan Boulevard and the fifth on Bay Street.
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The People’s Bank of China held the 1-year loan prime rate at 3.1%, and the 5-year LPR at 3.6%, according to the PBOC statement. The PBOC has ramped up measures lately to avoid a sharp fall in the cur...
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