From simple interest-earning savings accounts to multiple choices for Certificates of Deposit (CDs), Ulster Savings gives you many choices to make your money grow.

Smart Savings Accounts

A savings account that features a convenient and easy to read monthly record in statement form.

  • Only $250 minimum to open & earn interest
  • ATM accessibility to your funds
  • Only $3 monthly charge if minimum daily balance falls below $500

Link your statement savings with an Ulster Savings Bank checking account for easy transfer options through telephone banking, online banking, or ATMs. Can’t get to the bank? No problem. Have your check deposited electronically to your statement savings account!


Minor Savings Account

In today's world, it’s critical to start good savings and investing habits at an early age. This account is created exclusively for students of elementary to high school age and teaches children the benefits of saving, while making it fun and enjoyable.

  • A $5 minimum deposit
  • Receive statements quarterly.
  • Students can sign up for online banking
  • Interest will be earned on balances of $5 or more
  • Withdrawals can be made at any of Ulster Savings Bank's convenient branch locations.

Money Market Account

A safe and stable savings option. Competitive rates with check writing flexibility.

  • Minimum balance to open $2,500
  • Competitive variable interest rates
  • Preauthorized withdrawals available
  • ATM capabilities
  • Transfer funds between accounts
  • Deposit or withdraw at anytime
  • Online Statements available
  • $10 charge if minimum daily balance falls below $2,500

Certificate of Deposit (CD)

If you have cash to invest, consider the safety of a Certificate of Deposit (CD). FDIC insured CDs provide a low-risk way to invest excess funds you may not need right away. Choose from a variety of CD options available from US.

  • Terms to fit your needs - as short as 7 days and up to 5 years 
  • Guaranteed return

Our 16-Month Add-On CD gives you the flexibility to make one additional deposit prior to maturity. Open one today with an initial deposit of $500.

Health Savings Account (HSA)

Flexible and easy to use, a Health Savings Account (HSA) from Ulster Savings Bank is a tax-favored personal savings account that works with a High Deductible Health Plan (HDHP) to help pay rising health care expenses for individuals, their spouses, and their dependents. 

If you have a high deductible health plan and are self-employed or employed by a small employer, you may be eligible for this product.

  • Only $50 minimum to open and earn interest on all balances
  • Online statements available

Advantages for Individuals:

  • Portable accounts
  • Tax-advantaged contributions
  • Tax-free distributions for qualified medical expenses
  • Full account ownership

Advantages for Employers:

  • Lower insurance premium costs
  • Tax exclusions
  • Control of assets
  • Simple enrollment

For more information about Health Savings Accounts, please call US at 845-338-6322 or E-Mail US today!

Swipe and Save

Enroll in our Swipe and Save Program and round up your debit card purchases to the nearest dollar and transfer the difference to a statement savings account. Get started saving. It's as easy as 1, 2, 3!

  1. Enroll. Stop by a branch and enroll in a USB checking account with a debit card and connect it to a USB statement savings account of your choice. 
  2. Shop. Use your debit card for everyday purchases and spend like you normally would.
  3. Save. Your purchases will be rounded up to the nearest dollar and the change will be transferred from your USB checking account to your USB statement savings account.

Safe Deposit Box

If you have important documents or other valuables, you should consider a safe deposit box for safekeeping purposes. We have safe deposit boxes (available in a variety of sizes) at the following branch locations: 

  • 4240 Albany Post Road, Hyde Park
  • 280 Wall Street, Kingston
  • 226 Main Street, New Paltz
  • 39 Burnett Blvd., Poughkeepsie
  • 2680 South Road, Poughkeepsie
  • 1 Twin Maples Plaza, Saugerties

For more information about safe deposit boxes, please contact our Customer Service Center at 845-338-6322 or Or, visit our Hours and Locations page and contact any of the branch locations listed above

1Transfers from a Statement Savings account to another account or to third parties by preauthorized, automatic, computer, check, debit card, or similar order.
24/7 Debit Card Support: 866-440-0392
Calls from 800-262-2024 are from our fraud monitoring provider Enfact.
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