Ballston Spa Bancorp, Inc. is a bank holding company, which engages in the provision of personal and commercial banking services. The company is headquartered in Ballston Spa, New York and currently employs 135 full-time employees. The Bank is a full-service community commercial bank engaging in a full line of retail, commercial, residential and private-wealth services. The company operates 21 full-service branches across Albany, Greene, Saratoga, and Schoharie Counties in New York State. The company is engaged in offering a selection of deposit instruments, including non-interest-bearing demand deposits (such as checking accounts), interest-bearing demand accounts (such as NOW accounts), savings accounts, money market accounts and certificates of deposit. Its loan portfolio is segmented into residential real estate mortgages, commercial and consumer loans. Commercial loans consist of commercial real estate and other commercial loans. Consumer loans include home equity and junior liens, and other consumer loans. The company offers wealth management solutions providing ongoing advice and supervision of the customer's assets and investments.
