Since 1907, GSL Savings Bank has proudly served the families and businesses of Hudson and
Bergen Counties. For more than a century, we have remained committed to being a true
community bank—one that values relationships, invests locally, and supports the
neighborhoods where we live and work.
Today, we are pleased to share that GSL Savings Bank has entered into an agreement to merge
with Bogota Savings Bank. This partnership represents an exciting opportunity to build upon
our shared commitment to community banking while enhancing our ability to serve customers
throughout northern New Jersey. We believe the combined organization will be well-positioned
to provide expanded resources, continued financial strength, and the personalized service our
customers have come to expect.
Throughout this process, our focus remains on you—our customers. Generations of families
have trusted GSL because of our commitment to personal service, local decision-making, and
community involvement. Those values have guided us for more than 100 years and will
continue to do so as we move forward.
As a community-minded bank, we remain proud to support local organizations, businesses, and
initiatives that strengthen the communities we serve. While this announcement marks an
important milestone in our history, our mission remains unchanged: to help our customers
achieve their financial goals while providing the personal attention and trusted service they
deserve.
Thank you for your continued trust and confidence. We look forward to serving you, your
family, and our community as we begin this exciting new chapter.
Sincerely,
Frank R. Giancola
President & CEO – GSL Savings Bank