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.

Black Business Community Celebration

We were proud to sponsor the Annual Black Business Community Celebration for a third year in a row. This year's honorees were recognized for their outstanding contributions as business and community leaders in Ulster County. This event was hosted by the Ulster County Regional Chamber of Commerce along with Black History Month Kingston and Ulster County Tourism. 

Poppy the Panda

Thank you to My Kingston Kids for the new addition to our team. Our CEO, Bill Calderera was recognized at the Imagination Gala and Fundraiser and was awarded Poppy the Panda. We think it's safe to say that Poppy is a natural at being a banker.

Poppy the Panda with an employee and customer

Annual Veteran's Luncheon

Every year we sponsor a Veteran's Luncheon at our Schwenk Drive headquarters. We always have a great turn-out of people and employee volunteers. Thank you to everyone who participated. We are grateful to and proud to support all our veterans who served our country.

Uptown Kingston Clean Sweep

We had a great time joining the Friends of Historic Kingston for the Kingston Clean Sweep today! Thank you to everyone who came out to help us tidy up.

USB employees cleaning uptown Kingston

Locust Grove Fence Painting

Recently, part of our Burnett Blvd., Poughkeepsie team volunteered with the United Way of the Dutchess Orange Region. They were joined by Lorraine Middleton at Locust Grove, across the road from their sister branch. Together they spent time painting the fence that borders the lovely grounds.

Kathy Delano painting fence

Shredding Days

Thank you to everyone who joined us for our April Shred Days! We were happy to see your smiling faces and provide this service to Ulster and Dutchess Counties. We were able to recycle tons of paper into new materials, while getting sensitive information out of local clutter piles. We appreciate Legal Shred for making it possible, and our own Facilities Department for all their help!

Shredding Truck with a group of women

Don't Go Breaking My Heart Fundraiser

Shout out to our Hyde Park Manager and 2024 Woman of Impact Nominee, Dora Visbeck, for hosting the Don't Go Breaking My Heart Fundraiser at La Catrina in Hyde Park. This great event raised funds for the American Heart Association. Ulster Savings Bank Charitable Foundation's also gave $2500 to the American Heart Association.

USB employees at event wearing heart sunglasses

Town of Wappingers Falls Annual St. Patrick's Day Senior Luncheon

Thank you to Jancare Private Home Care Agency for sharing and our Wappingers Falls team for helping out at the Town of Wappingers Falls Annual St. Patrick's Day Senior Luncheon on March 18.

Serving food in front of food trays

Leap of Kindness Day

In the past two months, 500 gift cards totaling $13,000 were given to members of the community to help pay it forward. We’ve heard some heartwarming stories such as cards given out at grocery stores and gas stations. And two cards went to a local student to assist her in attending an aerospace program, helping her achieve her goal of becoming an astronaut! We’re sure there are many untold stories too! Glad to be a part of Leap of Kindness Day.

USB Employees with Pay it Forward envelopes

Financial Literacy Program Graduates

We launched our first community-based Financial Literacy Program in collaboration with the Center for Creative Education and their SPICE program. The program is designed to equip members of the community with the critical knowledge and skills needed to make strong financial decisions. On February 22, 2024, 22 women graduated the inaugural class with a celebration honoring their individual successes which was held at the bank’s main location in Kingston.

Graduates holding certificates

Posts by Location

(3)Gardiner
(5)Hyde Park
(33)Kingston
(4)New Paltz
(3)Newburgh
(3)Phoenicia
(5)Poughkeepsie
(3)Red Hook
(3)Saugerties
(3)Stone Ridge
(9)Wappingers Falls
(5)Woodstock

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