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First National Bank of Scotia


First National Bank of Scotia is an FDIC insured institution headquartered at 201 Mohawk Ave, Scotia, NY 12302.
It was founded in 1923 and has approximately $1 billion in assets. Customers can open an account at one of its 10 branches.

Deposit Rates - December 09, 2025

SAVINGS RATES APY MIN
SAV
0.20% $50 Compare
CD RATES APY MIN
3 Mo CD
0.55% $2,500 Compare
6 Mo CD
1.51% $2,500 Compare
11 Mo CD
1.03% $25,000 Compare
12 Mo CD
1.57% $500 Compare
24 Mo CD
1.60% $500 Compare
36 Mo CD
1.65% $500 Compare
48 Mo CD
1.69% $500 Compare
60 Mo CD
1.72% $500 Compare
MM RATES APY MIN
Money Market
0.65% $2,500 Compare
Money Market
1.01% $100,000 Compare
Money Market
1.53% $250,000 Compare
Money Market
2.01% $1,000,000 Compare
FIXED IRA RATES APY MIN
24 Mo FIRA
1.60% $500
60 Mo FIRA
1.72% $500
VARIABLE IRA RATES APY MIN
VIRA
3.75% $50
INT CHECKING RATES APY MIN
INTCK
0.05% $500

Loan Rates - December 09, 2025

MORTGAGE PURCHASE APR(%) MONTHLY PAYMENT
15 Year Fixed Conforming
6.68% $2,799.87
20 Year Fixed Conforming
7.00% $2,465.61
30 Year Fixed Conforming
7.00% $2,116.09
MORTGAGE REFINANCE APR(%) MONTHLY PAYMENT
15 Year Fixed Conforming
6.68% $2,799.87
20 Year Fixed Conforming
7.00% $2,465.61
30 Year Fixed Conforming
7.00% $2,116.09
See Other Mortgage Rates →
HOME EQUITY RATES APR(%) MONTHLY PAYMENT
10 Year Loan
4.40% $1,030.61
15 Year Loan
5.01% $790.27
See Other Home Equity Rates →
AUTO LOAN RATES APR(%) MONTHLY PAYMENT
3 Year
3.59% $733.55
4 Year
3.59% $559.90
5 Year
3.59% $455.80

Overview 2025

General Bank Information

FDIC Insured Yes
FDIC Certificate # 11501
Date Established 1923
Assets $ 701.06 million
Loans $ 505.43 million
Deposits $ 611.72 million
Capital $ 61.37 million

Summary Balance Sheet as of June 30, 2025

ASSETS
Cash & Balances due from depository institutions $ 78.64 million
Interest-bearing balances $ 67.31 million
Total securities $ 74.14 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 505.43 million
Loan loss allowance $ 5.48 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.37 million
All other assets $ 22.24 million
     Total Assets $ 639.68 million

LIABILITIES
Total deposits $ 611.72 million
      Interest-bearing deposits $ 426.36 million
      Deposits held in domestic offices $ 611.72 million
      % insured (estimated)" 83.51%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 10.14 millionn
      Total Liabilities $ 639.68 million
      Shareholders’ Equity $ 61.37 million

Summary Income Statement as of June 30, 2025

INCOME AND EXPENSES
Total Interest Income $ 15.89 million
Total Interest Expense $ 2.64 million
Net interest income $ 13.25 million
Provision for loan and lease losses $ 0.34 million
Total non interest income $ 1.80 million
Total non interest expense $ 11.21 million
Pre-tax Net Operating Income $ 2.35 million

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Branches

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Your current location is: New York City, NY

First National Bank of Scotia Locations

Savings Comparison

This analysis is for demonstrative purposes only. Savings rates may go up or down, and CD rates may not be renewable for the length of the term of the analysis."

PRODUCT
BANK
BANK TYPE
STATE
AMOUNT
TERM
APY
VS.NATL'L AV.
MIN
MILES

Tax Rate: 30%

All calculations are for demonstration purposes only."

  • 1
    LOCAL SAVINGS
    First National Bank of Scotia
    Bank
    -
    $50,000
    N.A.
    0.20%
    0.88x (National Avg. - 0.23%)
    $50
    -
    SCENARIO
    Year Rate
    0.20%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 100 70
    2 50,100 100 70
    3 50,200 100 70
    4 50,301 101 70
    5 50,401 101 71
    6 50,502 101 71
    7 50,603 101 71
    8 50,704 101 71
    9 50,806 102 71
    10 50,907 102 71
    11 51,009 102 71
    12 51,111 102 72
    13 51,213 102 72
    14 51,316 103 72
    15 51,418 103 72
    16 51,521 103 72
    17 51,624 103 72
    18 51,727 103 72
    19 51,831 104 73
    20 51,935 104 73
    TOTAL $2,038 $1,427
  • 2
    ONLINE SAVINGS
    First Foundation Bank , ★ TOP PICK ★
    Bank
    -
    $50,000
    N.A.
    4.00%
    17.70x (National Avg. - 0.23%)
    $1,000
    -
    SCENARIO
    Year Rate
    4.00%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 2,000 1,400
    2 52,000 2,080 1,456
    3 54,080 2,163 1,514
    4 56,243 2,250 1,575
    5 58,493 2,340 1,638
    6 60,833 2,433 1,703
    7 63,266 2,531 1,771
    8 65,797 2,632 1,842
    9 68,428 2,737 1,916
    10 71,166 2,847 1,993
    11 74,012 2,960 2,072
    12 76,973 3,079 2,155
    13 80,052 3,202 2,241
    14 83,254 3,330 2,331
    15 86,584 3,463 2,424
    16 90,047 3,602 2,521
    17 93,649 3,746 2,622
    18 97,395 3,896 2,727
    19 101,291 4,052 2,836
    20 105,342 4,214 2,950
    TOTAL $59,556 $41,689


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