Joe's Blog

Joe's Blog Victory Bank

Joseph W. Major
Chairman & CEO

Welcome to Joe’s Blog.

My name is Joe Major and I am Chairman and CEO of The Victory Bank. The Victory Bank values sharing experience and knowledge to help optimize the financial lives of our clients and community. The goal of this blog is to communicate and interact with you directly on ideas, experiences, issues, and helpful articles.

If there are any specific topics you would like discussed, please post a comment or contact us.

Bump Up CD

Posted on Monday, May 03, 2010

In order to help stimulate the economy, interest rates are being held down to historic levels, and in this low rate environment many of our clients remain unsure what to do with their savings.  Do we keep it in a money market or savings account and wait until rates rise a little, or should we invest in a longer term Certificate of Deposit to get greater yield in the meantime?  These are tough ques...

Rates on the Web Site, and Trust

Posted on Tuesday, April 06, 2010

We recently received a very nice letter from a new customer, a husband and wife who were looking for a safe place to keep some of their savings, and who had recently opened a Fortress Savings account and a checking account.  They expressed concern that we didn't have our deposit rates posted on our web site, and so I called them to discuss this issue.In listening to their concerns, I learned that ...

Tri-County Chamber Mixer

Posted on Tuesday, March 30, 2010

What a treat!  Our house filled with clients, business people and friends, as The Victory Bank hosted last week's Tri-County Chamber of Commerce mixer event.  Not sure of the exact turnout, but our rough count indicates well over 100 in attendance.  There was quite a "mix," which of course is the whole point of a mixer; some long-standing chamber stalwarts, some brand new businesses and lots of we...

A Visit From Thom Stecher

Posted on Thursday, February 25, 2010

Thom Stecher is an amazing man, an educator, entrepreneur and a man who can reach right into the hearts of even the most hard-boiled of all business people.  He spends his days helping other educators from around the country establish programs to help disadvantaged, at-risk youths, as well as consulting to businesses and serving as a motivational speaker.  He was the featured speaker yesterday at ...

15 minutes of fame!

Posted on Tuesday, February 16, 2010

Oh, yeah, we're famous now!  Doug Shimell from Channel 10 NBC was cruising around the 'burbs last Friday afternoon, doing a story on the big piles of snow, and whipped into the bank's parking lot.  Apparently their communication signal works well here in Limerick, and there was no shortage of snow piles surrounding the bank.  Of course, our friendly team of bankers pretty much swarmed them, and th...

Snow is a four letter word...

Posted on Thursday, February 11, 2010

Good Afternoon All!  We managed to open for business yesterday and actually had a few customers stop by the bank, plus the telephone was ringing steadily.  In the interest of team member safety and common sense, we closed up early and went home to dig out.  Most of our team is here today and we are predictably busy.  Some are crabbier than others, but we're mostly all here!  Our parking lot is cle...

A New Kind of Bank

Posted on Tuesday, February 02, 2010

Two years out since we formally opened, and nobody will ever be able to look back on these times and say it was boring! Our team arrives every morning filled with enthusiasm and energy, and most of the time it looks like they are enjoying themselves, despite some very challenging operating conditions and an uncertain national economy. We believe that most people intuitively seek challenge and resp...