Victory State Bank Is Voted 'One of the Best Companies to Work For on Staten Island (N.Y.)'

STATEN ISLAND, N.Y., April 22 /PRNewswire-FirstCall/ -- Victory State Bank, known for its paternal-like devotion to the local business community, is set to be honored for the superior way it treats its staff.

Following a recent vote by the Ambassadors of the Staten Island Economic Development Corp. (SIEDC), Victory State Bank made the distinguished 2010 list of the "Best Companies To Work For On Staten Island, (N.Y.)."

"Our success is attributed to the exemplary work and dedication of our board and our staff," said Ralph M. Branca, president and CEO of Victory State Bank. "We create an environment where our employees take pride in their work. Being recognized this way by the SIEDC demonstrates that creating the right atmosphere is one of the critical pieces in building a superior service organization."

Victory State Bank is one of 10 Island enterprises elected to this year's list, and one of only two within the category of businesses with 26 to 99 employees.

"Employees' enjoyment of the workplace translates into first-class customer service," Branca said. "That's just one of many reasons our customers choose to do business with Victory State Bank, and why Victory continues to grow in popularity."

The SIEDC's Ambassadors group of business leaders voted on entrees submitted from a database of more than 2,500 enterprises invited to participate.

The SIEDC is scheduled to release all the names on the list during its Annual SI Conference on April 29, in the Hilton Garden Inn, Staten Island.

About Victory State Bank:

VSB Bancorp, Inc. (Nasdaq: VSBN) is the one-bank holding company for Victory State Bank. Victory State Bank is a Staten Island-based commercial bank, which commenced operations on Nov. 17, 1997. The bank's initial capitalization of $7 million was primarily raised within the community of Staten Island, N.Y. The Bancorp's total equity has increased to $25.1 million, primarily through the retention of earnings. Victory State Bank operates five full-service locations on Staten Island: The main office in the community of Great Kills, and branches in the communities of West Brighton, St. George, Dongan Hills and Rosebank. For additional information, Victory State Bank may be reached at 718-979-1100 or visited online at http://victorystatebank.com/default.htm.

SOURCE Victory State Bank