Overview of Hancock County Savings Bank
Hancock County Savings Bank was founded in 1899 and is headquartered in the city of Chester in West Virginia. The bank has an asset base of $445 million which ranks it in the 60th percentile of banks in the United States. Hancock County Savings Bank is a community bank and while it is much smaller than leading banks in the state, it does have a strong market share position in Hancock County. Based on 2021 government data, Hancock County Savings Bank had a 47% share of deposits in Hancock County. The bank currently has 3 offices and as of the end of 2021 employed a total of 77 people.
Hancock County Savings Bank Product Offerings
The bank offers many of the traditional banking accounts and products including:
- Checking Account – the bank offers its customers 3 checking account options: Interest Checking Account, Hancock Classic Checking Account and a Money-FREE Checking Account. The Interest Checking Account requires a $25 minimum deposit, earns interest if you maintain a balance above $1,000 and also has additional features such as unlimited check writing. Customers do however have to maintain an average daily balance of $500 to avoid having to pay the monthly fee.
- Savings Account – the bank offers the Statement Savings Account which requires $25 to open and is offered for free if you maintain a balance of $50 or more. The account also pays interest for balances above $100.
- Mortgage Loans – the bank offers a number of mortgage loan options including a 100% financing loan program. With this program if you have a family owner occupied purchase, you can purchase your home with no down payment, no PMI insurance, no application fees and low closing costs.
Contact Information For Hancock County Savings Bank
- Main Office Address: 351 Carolina Ave., Chester, WV 26034
- Website: www.hcsbank.com
- Hancock County Savings Bank Routing Number: 243474273
- Total Number of Branches: 3
- Total Number of International Branches: None
- Number of Employees: 77
- FDIC Certificate Number: 29035
- FDIC Community Bank: Yes
- FDIC Field Office: Scott Depot
- Independent or Subsidiary Bank: Independent
- Federal Reserve ID Number: 888271
- Bank Charter Class: SA
- Primary Regulator: OCC
Financial Metrics (as of Dec 2021)
- Total Assets: $445 million
- Net Loans: $363 million
- Total Deposits: $343 million
- Return on Equity: 5.0%
- Return on Assets: 0.88%
- Tier 1 Risk-Based Capital: 33.2%
Hancock County Savings Bank Branch Locations and Hours
Corporate Headquarters
- Branch Address: 351 Carolina Avenue, Chester, WV 26034
- Branch Contact Information: (304) 387-1620
- Branch Hours: Mon-Fri 8:30am to 4:00pm, Sat 8:30am to 12:00pm
New Cumberland Branch Office
- Branch Address: 1200 Ridge Avenue, New Cumberland, WV 26047
- Branch Contact Information: (304) 564-3368
- Branch Hours (Drive-Through): Mon-Fri 9:00am to 5:00pm, Sat 9:00am to 12:00pm
Three Springs Drive Branch Office
- Branch Address: 375 Three Springs Drive, Weirton, WV 26062
- Branch Contact Information: (304) 723-4140
- Branch Hours (Drive-Through): Mon-Fri 8:30am to 4:00pm, Sat 8:30am to 12:00pm