Community

Where You Bank Matters

 

Why We Give Back. Without you, there would be no ‘US’! Our long term success would NOT be possible without a vibrant community. Did you know Ulster Savings is 1 of 449 remaining mutual savings banks in the United States? In New York State, we are 1 of only 26 remaining mutual savings banks. What does that mean? Unlike big banks, mutual savings banks have no stockholders, therefore our profits stay local and are reinvested back into the community in a variety of ways

Where We Give. We support non-profit organizations in the communities we serve, with an emphasis on helping causes our employees are directly engaged with. The majority of our management team serves on local non-profit and economic development boards and employees donate their time and effort to various causes throughout the Hudson Valley.

Overall Impact. Ulster Savings is a leader in charitable giving year after year. We give back through the bank’s community donations program and our Charitable Foundation. The bank and it's foundation have donated over $15 million since the foundation's formation in 2001 in honor of the bank's 150th anniversary. 

2024 Community Impact:

  • $810,581 given to our community
  • 5,448 hours volunteered by employees
  • $11,844 donated to Jeans for Charity by employees
  • 454 non-profit organizations heped
  • 250 toys collected for Toy-for-Tots
  • 80 bags of coats collected
  • $45,357,179 in loans approved for firts-time homebuyers
  • $2,846,565 in grants funded for homebuyers
  • $45,000 in credits given to homebuyers
 

Community Matters to US.

With deep roots in the Hudson Valley, we understand the value of caring about the communities we serve. Supporting local is at the heart of everything we do and no local community bank does it better than US. Whether it’s through monetary donations, collecting needed items, or volunteering our time.

iHeart Hudson Valley Book Drive

What an incredible turnout from our branches for the iHeart Hudson Valley Book Drive! The final collection day was at the Poughkeepsie Galleria on March 22. Once all the books were gathered and organized, they were distributed to local Hudson Valley agencies. Thank you to our community for showing up and contributing to this wonderful cause.

USB employees with books

Annual Coat Drive

A big thank you to everyone who donated to our annual Coat Drive. We collected over 80 bags of coats! They have been distributed to local charities such as Dutchess Outreach, Family of Woodstock Inc, People's Place, and Mental Health America.


Another Successful Toys for Tots Collection

Thank you to everyone who contributed to our Mid-Hudson Valley Toys for Tots. Once collected from our locations across the Hudson Valley, we were happy to see that our team and customers collected a room full of goodies to share with local children this holiday season. We appreciate your generosity.


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