Community

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.

Last year, Ulster Savings was able to donate over $619,000 to the community we love and call home. Helping community changes lives for the better. 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.