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.

Another Successful Toys for Tots Collection

Thank you to everyone who contributed to our Mid-Hudson Valley Toys for Tots. Once collected from our locations across the Hudson Valley, we were happy to see that our team and customers collected a room full of goodies to share with local children this holiday season. We appreciate your generosity.

Room full of toys

People Helping People

We were proud to send a few extra hands over to People's Place to help with the unloading of a shipment. We are proud to partner with People's Place and all their efforts in our community. Our team is a big part of what makes Ulster Savings Bank so special!

Employees donating time

2024 Snowflake Festival

We love being a big part and sponsor of the annual Uptown Snowflake Festival. Every year the city's Stockade District celebrates the start of the December holidays with jolly festivities. Shout out to some of the amazing people and volunteers responsible for this year's event. 

Volunteers at the Snowflake Festival

Jingle Mingle

Our employees brought their families to our holiday jingle Mingle and had their photos taken with Santa and Mrs. Claus. All children were surprised with gifts from Santa. Thank you to all our volunteers and HR department for making this such a great event.

Santa and Mrs. Claus with family

Make a Deal with US at the Buy Local Expo

Every year we participate in the Buy Local Expo hosted by the Ulster County Regional Chamber of Commerce. This wonderful event brings our local businesses under one roof. Our them this year was Make a Deal with US and many prizes were given away. Thank you to everyone that stopped by our booth.

Our marketing staff at the booth

Supporting RUPCO's Landmark Place buildings

Ulster Savings Bank was proud to complete RUPCO's application and process the funds for over $1,000,000 in grants from the Federal Home Loan Bank of New York for the construction of their Landmark Place buildings. Our President and CEO Bill Calderara and our Officers and Compliance Specialist Lynne White, even got to tour the space in operation. They were joined by Jacob Day from the FHLBNY, and RUPCO CEO Kevin O'Connor, who kindly led their tour.

USB CEO with others in front of a historic building

Santa on the Roof of The People's Place

We are proud to sponsor The People's Place Project Santa every summer. Our CEO and President, Bill Calderara and CFO Jim Cotter were on the roof again this year helping bring awareness and raise funds for this worthwhile cause. Project Santa provides Christmas gifts to over 2,700 Ulster County children each year. This fundraiser brings the community together and celebrates the joy of Christmas, while raising funds to purchase children's toys.

Bill and Jim on the roof of People's Place

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.

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