The Scottdale Bank & Trust Company, Financial Information

Terms and Definitions

• Domestic deposits

  The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
• Equity capital

  Total equity capital (includes preferred and common stock, surplus and undivided profits).
• ROA

  Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
• ROE

  Return on equity, annualized net income as a percent of average equity on a consolidated basis.

In February 1901 the Scottdale Savings and Trust Co. was chartered with an authorized capital of $150,000. its first offices were in the Hill House, remaining there until the completion of its new three-storied building in 1902. The bank grew and prospered, with an excellent record of safety and soundness. It was one of only a few banks that did not fail during the panic of 1933.

The banking room was remodeled during the 1930's. This was also an opportunity to give work to craftsman whose jobs were eliminated by the depression. In 1971 the bank built its present modern office and moved back across the street. In 1978 the Scottdale Savings and Trust Co. changed its name to the Scottdale Bank and Trust Co.

The Scottdale Bank & Trust Co. offers a variety of deposit accounts to fit your needs. The bank offers a wide variety of financing that can be tailored to meet your borrowing needs: Commercial and Business Loans, Real Estate, Loans, Construction Loans, Automobile, Consumer Loans.

Scottdale Office
150 Pittsburgh Street
Scottdale, PA 15683
(724) 887-8330

Connellsville Office
125 Arch Street
Connellsville, PA 15425

Countryside Office
Route 819 South
Bessemer Road
Mt. Pleasant, PA 15666
(724) 547-7583