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.

Shredding Day

On June 16 we were pleased to welcome our community for a shredding event at our Schwenk Drive, Kingston location. Legal Shred shredded over two tons of paper! In the process, we saved over 35 trees from being cut down and helped the community we serve prevent identity theft. Thank you to everyone who joined us.

Legal Shred Truck

Woodstock Community Appreciation Day

On Friday, June 2 our Woodstock branch held their annual Community Appreciation Day BBQ. We celebrated our community with free hot dogs, hamburgers, and sno cones. Many local vendors and artists joined us for the festivities of the day. Thank you to all our volunteers who made the day a success.

John Finch Flipping Burgers

Blood Drive

On Saturday, May 20 we partnered with the Kingston Rotary for their annual Day of Service and hosted an American Red Cross Blood Drive at our Schwenk Drive location in Kingston.Thank you to community members, USB employees and Kingston Rotarians who donated 30 pints of blood.

Bill Donating Blood

Clean Sweep

On May 8 we were happy to take part in the annual Kingston Clean Sweep hosted by the Friends of Historic Kingston. This non-profit teaches about Kingston's history, by preserving and maintaining its culture and architecture.

USB employees cleaning uptown Kingston

Black Business Achievement Awards

We partnered with The Ulster Chamber, Black History Month Kingston, and Ulster County Tourism and hosted the second annual Black Business Achievement Awards on April 26. This extraordinary event honors the excellence and contributions of our black business owners and community leaders. Congratulations to all the honorees and. thank you to everyone who helped make this event one of our most successful.

Bill and members of the black business community

St. Patrick's Day Parade

We were proud to participate in the Kingston St. Patrick's Day Parade on Sunday, March 12. Thank you to all our Ulster Savings employees and their families who walked in this year's parade. We always have a great turn-out.

USB employees and volunteers

Supporting Local Veterans

Last week, members of the Kingston Elks Lodge 550 presented 118 gift cards to the Ulster County Veteran Services Agency. The cards will be given to local veterans in need so that they can purchase essentials. Ulster Savings Bank facilitated the transaction by ordering the cards, preloading them, and donating the card holders. The members of Lodge 550 serve the needs of children and veterans in our community through charitable acts, volunteerism, and financial contributions.

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