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. Ulster Savings gives back in two ways-through the bank’s community donations program and also through its Charitable Foundation.

We are proud of our efforts and the significant impact we have made in the communities we serve. Helping community changes lives for the better.

Last year, Ulster Savings was able to donate over $409,774 to the community we love and call home!  This year we are on track to do more of the same.

The bank and its foundation together have donated over $15 million dollars since the foundation’s formation in honor of the bank’s 150th anniversary in 2001.

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.

Veterans Luncheon

We hosted our annual Ulster County Veteran Services Agency Veteran’s Luncheon, this Thursday, June 22, 2023, at noon.  As always thanks to all out Ulster Savings volunteers for making our guests feel welcome and appreciated. Thank you to all the members of the military who have served our country honorably, and the families that support them!

Veterans enjoying lunch in Ulster Savings Training Room

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.

2022 Coat Drive

Our 2022 Winter Coat Drive was one of the most successful ever. We would like to thank all our customers and employees who participated in this worthy cause. We managed to collect lots of coats. In fact, we collected well over 80 bags of coats in total! Thank you also to the Rotary Club, who helped deliver them to local nonprofit organizations, and to Dutchess Outreach and Mental Health America for distributing them to those in need.

Michaela helping with coats

Shop Small and Win Big Winner

Kimberly Joy Giese Wilson was the winner of the Ulster County Regional Chamber of Commerce's Shop Small and Win Big contest. She was presented a $500 gift card from us. When we asked her how she would spend it she told us she would order some kerosene to heat her home. At $7 per gallon she shared she wouldn’t be able to fill the tank but she was thankful she would be able to get a good delivery. Then to everyone’s surprise, USB President and CEO, Bill Calderara, presented her with an additional $500 gift card.

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