(Kingston, NY) Ulster Savings Bank, a local Hudson Valley icon, was just named among the top extraordinary banks in the United States by The Institute for Extraordinary Banking®. Ulster Savings was recognized with the Institute’s BanksGiving™ Banky® Award for Extraordinary Philanthropy in recognition of their commitment to the strategic direction of their communities and to making profound impacts within the communities they serve. It was also recognized with a Banky® Award. This award recognizes Ulster Savings as one of the top 1% of banks in America based on five categories. These include Internal Culture or employee engagement, Customer Service, providing Financial Literacy programs, making an impact in the community through Philanthropy, and having Extraordinary Bank Practices with innovations and a focus on client success.
“To be given this award as one of the best banks in America that supports our philanthropy and education efforts to the public is awesome – we feel that this confirms our vital role to the communities we serve. The entire Ulster Savings Bank family, from our Board of Trustees to our management team to every employee, we are here to have a positive impact on everyone we serve.” said bank President and CEO Bill Calderara.
The Extraordinary Banking™ Awards highlight the vital, yet often overlooked role that local community banks play in our economy. Without a vibrant local banking industry, our small businesses and families often lack the have-your-back support of a true community bank that makes communities thrive. The Extraordinary Banking Awards recognize the best of what community banks offer to our cities, towns, and nation: a true commitment to the success of the small businesses and the local community they serve.
Roxanne Emmerich, Chair and Founder of The Institute for Extraordinary Banking, proclaimed during the awards ceremony: “Community banks are the backbone of America. They are what keep a community
thriving. When a community bank leaves a community, small businesses often struggle to stay, and jobs
leave. Every robust community has a strong community bank that understands how to help that community thrive and grow.”
For more information about Ulster Savings Bank, please visit www.UlsterSavings.com.
President and CEO Bill Calderara of Ulster Savings Bank (right) receives the BanksGiving™ Banky® Award from Roxanne Emmerich, founder and chair, The Institute for Extraordinary Banking (left), at the 2019 Extraordinary Banking Awards Ceremony.
About Ulster Savings Bank:
Headquartered in Kingston, New York, Ulster Savings Bank is a Mutual Savings Bank with assets of $893 million. Ulster Savings Bank has 14 branches located in Kingston, Lake Katrine, Gardiner, New Paltz, Newburgh, Phoenicia, Poughkeepsie, Red Hook, Saugerties, Stone Ridge, Wappingers Falls, and Woodstock. Additional mortgage lending offices are located in Orange, Dutchess, and Westchester counties.