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. 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 alone (2021), Ulster Savings was able to donate over $452,085 to the community we love and call home!

The bank and its foundation together have donated over $14.5 million dollars since the foundation’s formation in honor of the bank’s 150th anniversary in 2001.


Community Matters

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.

Helping Spread Christmas Kindness for Kids in Red Hook

As one of our 170 Acts of Kindness our Red Hook branch donated a $250 gift card to the VFW Auxiliary and the American Cruisers Motorcycle Club. They do a Christmas party each year in Red Hook at the VFW. Each child that comes to the party gets a gift, snacks, and a chance to chat with Santa. Last year they gave away over 100 gifts, including bikes, games, and even a TV. When branch manager Melissa Morrison was speaking with them at another event, they mentioned that they were low on funds this year to purchase the gifts (they rely on donations and fundraisers for the money to purchase the gifts) and were worried about having to turn kids away. They were so grateful to receive the gift card! The event will be on December 19 with Melissa and her team being there to help out.


Mother's Day Flowers

On Saturday, May 8, we helped Red Hook VFW Post 7765 and Frank Vosburg of Kesicke Farm Cattle Inc. celebrate Mother's Day by giving away beautiful hanging flower baskets to several VFW post members, Auxiliary members and their families at Kesicke Farm Market in Red Hook.


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