Ulster Savings Bank is a local community bank with 172 years of service to the community. We serve the needs of individuals and small businesses with a diverse menu of products and services and the latest banking technology.

Early Days

On April 12, 1851, the Ulster County Savings Institution was chartered by the New York State legislature and became the first savings bank in Ulster County, New York.

On June 19, 1851, Severyn Bruyn, Ulster Saving Bank’s very first customer, made a $120 deposit. Back then, it was a major transaction! Today, Severyn could’ve done a whole lot more - like insure his home, get his taxes done, and plan for his retirement -all in one place, at Ulster Savings Bank.

Today

Today, Ulster Savings is the oldest bank in the Hudson Valley, the 8th oldest in New York and the 52nd oldest bank in the country.* As a result of the careful attention of our long-tenured, local management team, Ulster Savings Bank is a very healthy bank with a high net worth, strong capital, and high-quality assets. 

In 2022, there are approximately 494 remaining mutual savings banks in the country. Ulster Savings is one of them! We don’t have stockholders. Our profits are reinvested back into the communities we serve. We are proud to be the recipient of numerous community awards reflecting our belief that helping community changes lives.

Ulster Savings Bank remains a locally focused and operated bank, with locations throughout the Hudson Valley. Every year, Ulster Savings Bank supports hundreds of local organizations throughout our community, close to home.

We hope you enjoy visiting our website. We invite you to stop by any of our locations and experience the local difference with Ulster Savings Bank.

Why US

At Ulster Savings Bank, it’s our mission to be the Community Bank of Choice, to deliver superior service and products to our customers, provide meaningful careers for our employees, and support the communities we serve.

Our mission has served us well throughout our long history. We have met many challenges over the years and in 2023, we celebrate our 172nd year. Ulster Savings Bank is the #1 bank in Ulster County by both deposit market share and mortgage loans originated. But don’t just take our word for it! Know that we are rated 5 stars from Bauer Financial, a completely independent company that rates banks and credit unions across the country and reflects that we are one of the strongest banks in the nation.

Ulster Savings is also the proud recipient of the 2019 Banky™ Award. Honored by The Institute for Extraordinary Banking, Ulster Savings Bank was recognized as being one of the top 1% of high-performing banks in America for our efforts in five categories:

1. Philanthropy
2. Above and Beyond Customer Service
3. Thought Leadership
4. Internal Culture
5. Financial Literacy Education

Our long tenured management team and dedicated employees provide the personalized and responsive service that our customers enjoy.
Our community is our home. When communities thrive, we do too. That’s why community health is so important to US. Community support is a passion at Ulster Savings Bank. Because we have no stockholders, we are able to reinvest more of our profits within the communities we serve. Very few banks have both a charitable foundation and a community donation program like Ulster Savings. Since our foundation was formed back in 2001, Ulster Savings Bank has contributed over $9.5 million dollars back into the community. Supplement that with the love that our employees show through our community service program and the volunteer hours that they serve throughout the Hudson Valley year after year, we truly are a community bank.

Sure, financial institutions across the country offer many of the same products and services. It’s that extra that sets US apart from all the others!

Working at Ulster Savings Bank

At Ulster Savings Bank, you’ll be part of an enthusiastic team of people where we believe in working closely together for the benefit of our customers, communities, and each other. When you add this to an environment that allows skills and experience to bring forth growth and change, you’ll find plenty of room to grow professionally. We offer an excellent benefit package, including paid time off, paid holidays, medical, dental and vision insurance, matching 401k plan, and educational assistance. Final candidates are subject to a pre-employment background check, which will include, but is not limited to credit history. 

Ulster Savings Bank is an Equal Opportunity/Affirmative Action Employer.
All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability or protected veteran status, and any other basis protected by applicable local, state, or federal law or Executive Orders.