Rondout Savings Bank is celebrating 140 years of excellence. Learn more from the President and CEO James F. Davenport.
A Hometown Bank vs. a bank in your hometown
What’s the difference and why should it matter?
Globalization offers many benefits, but it also signifies, for many, a loss of control and loss of community. That’s evident in the financial world when local branches of a regional, national or international bank are subservient to a main office that knows little if anything of the community that you, your family and your business call home.
If that matters to you – and we think it should – then we hope you’ll opt for a hometown bank like Rondout Savings Bank, and not just a bank that happens to locate in your hometown to exploit the local market. Rondout has been here for 140 years and we plan to be here after other institutions have closed, merged or moved on.
We’re a local institution with a strong commitment to the community.
We employ local people rather than bring in outsiders or outsource jobs out of town, out of state or even overseas.
We make local decisions because we know our market and we know our customers. And we care about them.
We also care by investing time and talent on local boards and by giving back 10% of our earnings to area non-profit organizations to enrich the quality of life for us all.
We may employ the latest technologies, but our service is the old fashioned variety. Real people, local people, serving local needs, and growing our community together.