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:
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.
4/26/2023
4/262023
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.
3/12/2023
3/122023
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.
2/21/2023
2/212023
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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