Bank of Utica is Very Safe and Very Cheap - BKUT/BKUTK
alluvial.substack.com
Bank of Utica is an 86-year old institution doing business in upstate New York. The bank operates only a single branch in downtown Utica, yet its balance sheet holds $912 million in assets and $727 million in deposits against $155 million in equity capital. Bank of Utica is controlled by the Sinnott family through a controlling stake in the bank's voting shares.
Bank of Utica is Very Safe and Very Cheap - BKUT/BKUTK
Bank of Utica is Very Safe and Very Cheap …
Bank of Utica is Very Safe and Very Cheap - BKUT/BKUTK
Bank of Utica is an 86-year old institution doing business in upstate New York. The bank operates only a single branch in downtown Utica, yet its balance sheet holds $912 million in assets and $727 million in deposits against $155 million in equity capital. Bank of Utica is controlled by the Sinnott family through a controlling stake in the bank's voting shares.