Relationship Banking

We offer relationship-based programs with great discounts, preferred services, and more.

Freedom Select

If you are 50 years old or better and maintain a minimum of $25,000 in Ulster Savings Bank deposit accounts (must include an active personal checking account), you are eligible to enjoy all the advantages our Freedom Select* program designed to reward our most valued customers! Enroll at any banking office near you. 

Exclusive Freedom Select Opportunities and Member Benefits

  • FREEDOM ADVENTURES-exciting day tours for all to enjoy. Members receive a Calendar of Events brochure 3 times a year.
  • ALL Ulster Savings Bank (USB) ATM transaction fees waived at non-USB ATMs in the USA (other financial institution’s fees may still apply) 
  • Annual $35 tax preparation discount
  • Annual $10 discount on any size safe deposit box (where available)
  • Annual reimbursement of AARP membership dues up to $10
  • AARP Driver Safety classes sponsored for members
  • FREE check printing - selected styles or $20 check printing credit
  • FREE teller checks and wire transfers (excluding international) 
  • FREE Financial and Estate Planning Analysis, Long-Term Care, and Insurance Needs review
  • FREE online money management tools, online statements, online banking, and online bill payment
  • FREE educational seminars
  • FREE no-obligation insurance quote

Sign up for Freedom Select today and enjoy $75 or more in savings! For more information, please view our brochure, call US at 866-440-0391, ext. 4112, or visit any of our branch locations.

Freedom Select News and Trip News: 

Take advantage of your Freedom Select membership and join US on one of our exciting activities and getaways! 

Here's a list of our upcoming excursions and activities:

  • January 29, 2020 - Ireland's Great Hunger Museum, Hamden, CT
  • February 25, 2020 - NYS Military Museum, Saratoga Springs, NY
  • March 28, 2020 - The Irish and How They Got That Way, Capital Rep, Albany, NY
  • April 8, 2020 - The Orchid Show, NY Botanical Garden, Bronx, NY

Check out the most recent Calendar of Events brochure:

For more information about Freedom Select member trips, please contact Helen Caunitz, Freedom Select Program Coordinator, at 866-440-0391, ext. 4112 or e-mail her at hcaunitz@ulstersavings.com.

Student Banking

Our Student Banking products offer students, whether they're in elementary, middle, high school, or college, the opportunity to learn the importance of developing good savings and investing habits, as well as the sense of independence that comes with accumulating money for their personal use.

We have savings and checking services designed for our student banking customers:

  • Student Investor Savings Program - a program that serves the savings needs of elementary to high school students alike. This program also includes the opportunity for students to earn monetary rewards for their good grades.

Banking In School

Ulster Savings Bank is committed to supporting early money management skills. We are actively involved with local student saver programs at schools throughout the Hudson Valley. If your school participates, a school representative will pick up and deposit any monies for the student(s) on a designated day, usually first thing in the morning. The school representative will then promptly return receipts to the student.

Student Investor Savings Program

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

  • A $5 minimum deposit is all you need to open a Student Investor Savings Account.
  • Student Investor Savings Account holders will receive statements quarterly.
  • Students can sign up for online banking so they can view their accounts at home.
  • Interest will be earned on balances of $5 or more in Student Investor Savings Accounts and will be paid at a rate set by Ulster Savings Bank.
  • Withdrawals can be made at any of Ulster Savings Bank's convenient branch locations.

Rewards for Good Grades 

Each student enrolled in our Student Investor Savings Program, with a B average or better, can receive a $2 deposit into their savings account each report card period! You can earn up to $8 each year. Just stop by any branch location and show US your report card.

Student Investor Checking

Our Student Investor Checking is specifically designed for today's college student. Some features and benefits include:

  • FREE first set of checks (select styles)
  • No minimum balance required
  • No monthly service charge
  • Only $25 minimum opening deposit

When you open a checking account with US and sign up for our debit card, our membership in the Allpoint network gives you access to over 55,000 Surcharge-Free1 ATMs worldwide! Find an Ulster Savings or Allpoint network ATM near you. In the event you don’t use an Ulster Savings or Allpoint Network ATM, we will refund you up to $10 of ATM fees and surcharges per month on your debit card. 

Are you going to school locally? If you are going to college in the Hudson Valley, you will find Ulster Savings Bank branches near most of the colleges in the area. ATMs are also located on campus at both SUNY Ulster and SUNY New Paltz. View our list of branch hours and locations

Your first step to enjoying our FREE Online services is to register for Online Banking. You have the choice of opening an account online or in person at any of our branch locations. Once you register for Online Banking, you’ll have access to many of the FREE services listed above.

*Freedom Select benefits are available to Ulster Savings Bank customers 50 years or better. There is a maximum of two individuals per Freedom Select membership; the lead individual must maintain combined deposit balances of $25,000 or more and the second party must have an account relationship with USB. An active personal checking account relationship is required. Your account will be considered inactive if, for two consecutive years a deposit is not made to the account or a withdrawal is not made from the account. Member benefits are available as long as minimum balances are maintained. Program benefits and requirements for participation can be changed upon 30-days notice, provided that any change applies to all members.

1No surcharge fees at Ulster Savings and Allpoint ATMs applies to Ulster Savings cardholders only. Fees may apply at other ATM locations.

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