Slovenian Savings leans on traditional values, personal service By Kristin Emery Slovenian Savings and Loan Association of Canonsburg has been growing since 1925. Initially started in 1925 to provide loans to immigrants, Slovenian has is open to all residents of Washington County in its current location on Boone Avenue in Strabane. "Slovenian Savings prides ourselves on personal service for all banking needs," says Chief Financial Officer J. Michael Vighetti. "We are not members based, and all nationalities are welcome at Slovenian Savings and Loan Association. We support the communities we serve and remain committed to our customer's financial security." Traditional values help to strengthen Slovenian experience and customer relations, making it big enough to meet your banking needs but still small enough to foster those personal customer relationships. "Our customers have embraced technology to complete common services remotely such as depositing checks, transferring funds and checking account activity," Vighetti says. "However, while the use of remote banking services will continue increasing, the human service element will persist. Customers need reassurance when addressing life events such as buying a home, a family member passing or generational wealth transfers." As we emerge from the pandemic, Slovenian sees strong demand for new home purchases and renovation of existing homes. "Furthermore, aging baby boomers will become more conservative and pursue fewer volatile savings options," says Vighetti. "During these unpredictable times, it is natural for you to be concerned about your financial affairs. For 96 years, Slovenian Savings & Loan Association has maintained a strong balance sheet and superior earnings." Capital is the most significant indication of a bank's strength, and they accumulate their capital through earnings. "Throughout our history, Slovenian has accumulated over $80.5 million in capital," she adds. "The FDIC classifies banks that meet the most stringent capital requirements as 'Well Capitalized," and we exceed those requirements by 129%." Slovenian's success comes from a conservative business philosophy of gathering deposits and making loans in the communities where we live and serve. "The quality of our loan portfolio remains superior as delinquencies, foreclosures and charge-offs are at low levels," Vighetti says. Slovenian Savings and Loan is located at 130 Boone Ave. in Strabane. Visit their website at sloveniansavingsandloan.com or call 724-745-5000. SI Slovenian Savings and Loan Association of Canonsburg, PA www.SlovenianSavingsAndLoan.com 130 Boone Avenue, Strabane, PA 15363 724.745.5000 ember FDIC BOUAL HOUSNG OPPORTUNITY Slovenian Savings leans on traditional values, personal service By Kristin Emery Slovenian Savings and Loan Association of Canonsburg has been growing since 1925. Initially started in 1925 to provide loans to immigrants, Slovenian has is open to all residents of Washington County in its current location on Boone Avenue in Strabane. "Slovenian Savings prides ourselves on personal service for all banking needs," says Chief Financial Officer J. Michael Vighetti. "We are not members based, and all nationalities are welcome at Slovenian Savings and Loan Association. We support the communities we serve and remain committed to our customer's financial security." Traditional values help to strengthen Slovenian experience and customer relations, making it big enough to meet your banking needs but still small enough to foster those personal customer relationships. "Our customers have embraced technology to complete common services remotely such as depositing checks, transferring funds and checking account activity," Vighetti says. "However, while the use of remote banking services will continue increasing, the human service element will persist. Customers need reassurance when addressing life events such as buying a home, a family member passing or generational wealth transfers." As we emerge from the pandemic, Slovenian sees strong demand for new home purchases and renovation of existing homes. "Furthermore, aging baby boomers will become more conservative and pursue fewer volatile savings options," says Vighetti. "During these unpredictable times, it is natural for you to be concerned about your financial affairs. For 96 years, Slovenian Savings & Loan Association has maintained a strong balance sheet and superior earnings." Capital is the most significant indication of a bank's strength, and they accumulate their capital through earnings. "Throughout our history, Slovenian has accumulated over $80.5 million in capital," she adds. "The FDIC classifies banks that meet the most stringent capital requirements as 'Well Capitalized," and we exceed those requirements by 129%." Slovenian's success comes from a conservative business philosophy of gathering deposits and making loans in the communities where we live and serve. "The quality of our loan portfolio remains superior as delinquencies, foreclosures and charge-offs are at low levels," Vighetti says. Slovenian Savings and Loan is located at 130 Boone Ave. in Strabane. Visit their website at sloveniansavingsandloan.com or call 724-745-5000. SI Slovenian Savings and Loan Association of Canonsburg, PA www.SlovenianSavingsAndLoan.com 130 Boone Avenue, Strabane, PA 15363 724.745.5000 ember FDIC BOUAL HOUSNG OPPORTUNITY