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Saturday, January 29 2022

News

Dare to Soar Winner Announced

November 29, 2021

Two times a year we seek out nominations to recognize very special Rondout Savings Bank employees and award them with the prestigious “Dare to Soar” Award.  This award is exceptionally distinctive because all nominations come from their co-workers!

We would like to congratulate Jodi Anderson as our Dare to Soar Winner! Jodi works in our Residential Servicing Department and has been with the bank for almost 6 years! Jodi will do whatever she can to assist not only her department but the RSB Team as a whole.

We would also like to congratulate all of our nominees-your hard work and dedication is appreciated not only by our Management Team but your peers as well.

Eric Dersch

Patti Marsh

Clarissa Timbrouck

Congratulations to all!




Kathleen Pless SVP, Chief Lending Officer

Rondout Savings Bank Welcomes Kathleen Pless, SVP, Chief Lending Officer

November 4, 2021

Kathleen Pless joins Rondout Savings Bank as Senior Vice President, Chief Lending Officer. Kathleen has worked in both community and regional bank environments and is highly skilled at business development and client management. As a seasoned banking professional, she brings more than 20 years of experience in the areas of Commercial Lending, Construction Lending, CRE, Multi- Family Lending, Credit Analysis and Risk Management. Kathleen is passionate about company branding and bringing technology to the forefront of community banking.

Kathleen has served as a member of the Valley Health System Hospital Auxiliary and Literacy Volunteers of America. She served as a Board member of the Bergen Volunteer Center and sat on its Executive Committee, Real Estate Task Force, Marketing and Branding Committee, and Strategic Planning Committee.

In her new role, Kathleen will be responsible for growth of the lending division of the bank and will continue Rondout’s longstanding tradition of serving the community through volunteer efforts. “I am thrilled that Kathleen has decided to join the Rondout Team. Her lending expertise and passionate community stewardship are valuable attributes to both Rondout Savings Bank and the communities we serve” – Cheryl Bowers, President & CEO.

Kathleen holds a Bachelor of Arts degree from Rutgers University. She is a graduate of the American Bankers Association Stonier Graduate School of Banking and has completed the Leadership Certificate Program at The Wharton School and Commercial Lending School at Southern Methodist University. She resides in Kingston.




Christopher Crews Commercial Loan Officer Headshot

Rondout Savings Bank Welcomes Christopher Crews, AVP Commercial Loan Officer

September 29, 2021

Christopher Crews comes to Rondout Savings Bank after an extensive career in Event Marketing, Event Production and Experiential Marketing. Christopher was born and raised in Kingston and has family ties to the area dating back to 1947, when his maternal Grandparents moved to Kingston. After graduating from Kingston High School, Christopher received his undergraduate degree in Business Marketing from Jacksonville University and would go on the receive his Master’s degree in Sports Administration from Florida State University. In his new position, Christopher is looking forward to reestablishing lifelong connections and working with local businesses to reach their financial goals. Christopher has served on the board of the Benedictine Health Foundation and actively fundraises for Bike for Cancer Care.

In his spare time, Christopher enjoys sports, travel and spending time with his wife and his son.

Christopher Crews
AVP, Commercial Loan Officer
ccrews@rondoutsavings.com
Cell: (845) 901 – 0326
300 Broadway, Kingston, NY 12401
www.RondoutBank.com (845) 331-0073




Sean Soliva

Rondout Savings Bank Welcomes Sean Soliva AVP, Director of Retail Banking

June 23, 2021

Sean Soliva comes to Rondout Savings Bank with over fifteen years of retail banking experience in the local community. Working from the ground up, Sean understands the importance of immersing himself in every aspect of the retail bank. From his time as a Teller to his current role with Rondout, he has gained expertise and knowledge in sales, business development and project management.

As an emerging leader in our community, Sean has effectively coached and mentored teams to exceed their career development goals. In his new role of Assistant Vice President, Director of Retail Banking at Rondout Savings Bank, Sean is responsible for the retail bank division and enhancing and strengthening our deposit customer relationships. Additionally, he will manage the Bank’s financial literacy program.

Sean earned his Bachelor of Science degree in Business Management from SUNY New Paltz in 2004 and is a graduate of the Ulster Leadership Development Institute in 2014. Sean enjoys volunteering for various organizations within the community including Independent Living, Ulster County Chamber Foundation, Kingston Uptown Business Association, Young Ulster Professionals, and the Sullivan County Legislature Revolving Loan Fund Advisory Board.

“Mr. Soliva is an outstanding addition to our Branch Team and brings a wealth of knowledge and experience in Branch Management and Employee Development. I am very excited to have him on our Rondout Savings Bank Team.”– Susie Dallies, SVP Chief Operating Officer

 




Dare to Soar Award Mike Naccarato, Joemy Abreu, Cheryl Bowers

Rondout Savings Bank Dare to Soar Winner

April 13, 2021

Congratulations to Joemy Abreu Rondout Savings Bank’s Dare to Soar Award Winner!
Joemy works in our IT Department as the IT Support Technician. Joemy has been with the bank for almost two years! From day one she instantly connected with the team. Her friendly demeanor, positive and can do attitude fosters an environment of excellence at Rondout Savings Bank. There is no task to big or small for Joemy- she will do whatever she can to assist the RSB Team.




Uptown Branch Location

Rondout Savings Bank buys Spectrum Building in Uptown Kingston, NY

March 3, 2021

Rondout Savings Bank has purchased the Spectrum building at 142 Schwenk Drive, Kingston, NY for the purpose of expanding the Uptown campus that will include the adjoining bank branch at 130 Schwenk Drive, Kingston, NY according to bank officials.

The bank closed on the property, a privately-owned building belonging to the Whitman family for 40 years, on March 3, 2021.

“We are growing in different departments as a bank, and we feel the growth in Kingston,” said Cheryl Bowers, Rondout’s President and Chief Executive Officer. “When we saw the opportunity for a complete campus in Uptown, we seized it and quickly went ahead with the transaction.”

Bowers said while the new space could be used as a future operations or lending center, the bank intends to brainstorm with a local architect to map out the best use of the space.

Some renovations are planned, particularly updating the Spectrum building facade, and bank leaders also expect to renovate the adjoining branch, so the two buildings complement each other. Bowers expects the work to be complete within a year.

“It’s imminent, but we are going to do it right and make the best use of that space. The Schwenk Drive branch is probably our busiest location,” she said. “We are blessed with so many businesses that bank with us in Uptown.”

Tom Collins of SVN Deegan-Collins Commercial Realty said Spectrum vacated the property on Feb. 1 but gave notice in November that it was moving to the town of Ulster. The property went on the market in late December.

Collins said the 4,200-square-foot facility had been renovated a few times since Time Warner Cable, which later became Spectrum, began leasing the building 11 years ago. He said the interior is largely office space with a central lobby that is “almost set up like a bank.”

“It was probably built in the late ‘60s and had many uses over the years,” Collins said. “Frankly, I’m not sure what it was originally built for, but at one time, it was an insurance company and later, a restaurant.”

Bowers said the acquisition of the building is a demonstration of Rondout’s long-term commitment to the local market.

“We have planted our flag here forever. I could not be prouder at how the area is growing, and we are growing with it. Kingston is vibrant, so this will strategically prepare us as we continue to grow along with our community,” she said.

The 153-year-old Rondout Savings Bank, with more than $383 million in total assets, has five branches in locations such as Kingston, West Hurley and Hyde Park and operates divisions in asset management, personal banking, and business banking.

Rondout is consistently recognized by BauerFinancial with the 5-star Superior Quality Rating awarded to only 10 percent of financial institutions in the nation, distinguishing it as one of the strongest banking institutions in the United States.




Karen Burchell

Rondout Savings Bank Promotes Karen Burchell to SVP, Director of Commercial Credit

March 3, 2021

Karen joined Rondout Savings Bank in 2001 as one of three founding members of the Business Banking Department. A lifelong resident of Ulster County, she has a deep understanding of the local community and its surroundings, which enables her to provide trusted guidance to our clients. “Throughout the years, Karen has held various leadership positions and has helped drive the overwhelming success of growing our commercial loans while making sound loan decisions. Karen is a vital member to our team, and her promotion to Senior Vice President, Director of Commercial Credit is well deserved,” states Cheryl Bowers, President and CEO.

Karen values community service and volunteerism. She sits on the Board of Directors of the Mental Health Association of Ulster County, Inc. and serves on its finance committee. Karen is an active volunteer for the American Heart Association’s Ulster/Dutchess division, Kingston Catholic School, as well as a past Trustee at the Rosendale
Library.

Karen holds a Bachelor’s Degree from Union College and is a member of the American Bankers Association’s Stonier Graduate School of Banking 2021 graduating class. She resides in the hamlet of Rosendale with her husband and son.




Cheryl Bowers, President & CEO shares Rondout Savings Bank’s Experience with the Reopening of the Paycheck Protection Program

January 19, 2021

https://video.foxbusiness.com/v/6224238892001#sp=show-clips

Cheryl Bowers joins Liz Claman on Fox Business News about how we are working with Pursuit to get our local shops and community thriving again.




Rondout Savings Bank- Funding Program for Business

Rondout Savings Bank Participates in $1 Million Funding Program To Small Businesses

May 30, 2020

In response to the economic challenges small businesses are currently facing, Central Hudson Gas and Electric Corp. has launched their Back to Business funding program. The one million dollar funding program will provide qualifying, local small businesses with grant funds to help pay down new working capital loans financed through Rondout Savings Bank and select participating local banks.

 

Rondout Savings Bank is honored to participate in Central Hudson’s Back to Business funding program. “Our local businesses have endured financial hardships over the last couple of months due to COVID-19 and we are here to help them in their continued operation or as they begin to reopen”, explained Cheryl Bowers, President and CEO of the local community bank.

 

Rondout is committed to ensuring that funding is made available to appropriate businesses as applications are received. Rondout Savings Bank has branch offices in Ulster and Dutchess Counties.  To learn more please contact Steve Sickler at ssickler@rondoutsavings.com or Evan Rothfuss at erothfuss@rondoutsavings.com or call 845- 331-0073.




Cheryl Bowers

Cheryl Bowers, President & CEO advocating for Local Business Owners

April 6, 2020

Rondout Savings Bank’s, President & CEO, Cheryl Bowers had the opportunity to advocate for our local business owners and community on national news outlet, Fox Business News. Click here to view video. 

Rondout Savings Bank is always here working for you and our community. Please call us, we are here to help at 845-331-0073.

For Rondout Savings Bank’s COVID-19 Updates and Resources click here: https://www.rondoutbank.com/business-owners/




Lighthouse Monument Ribbon Cutting

Rondout Savings Bank Celebrates 150th Anniversary with Donation to Kingston

May 31, 2018

KINGSTON – “I like to think of the City of Kingston as a city of firsts”, said Kingston Mayor Steve Nobel. He was referring to the first lighthouse on the canal back in the 1800’s, and the first woman to operate it; bringing us to the first woman president of Rondout Savings Bank, Cheryl Bowers.

“Its a little bit less about being the first woman as much as it is being the first president that starts the next 150 years.”, said a very humble Cheryl Bowers. Bowers was named the bank’s fourteenth president back in November of 2017.

The evening began with a reception at the Homeport Barn at the foot of Broadway in Kingston. After hor d oeuvres, a welcome from Cheryl Bowers, and cake the crowd moved to the Visitor’s Center. Situated on the grassy knoll, next the the Visitor Center building, the structure stood wrapped in a blue cloth, awaiting its unveiling.

Hundreds gathered around the 10 foot structure that only revealed the blue stone base of the monument. Ulster County Chamber of Commerce President Ward Todd MC’d the event with quick congratulatory words from himself, mayor Noble, and Rich Kleban who came to represent the Dutchess County Regional Chamber of Commerce, where a Rondout Bank Hyde Park location resides.

After the speeches, Bowers cut the ribbon and behind her, the cloth was snapped away from the structure to reveal a five foot steel lighthouse as a symbol of Rondout’s mission throughout its 150 year history to be a beacon of trust and to provide guidance to the community it serves. Local artist Johnny Poux was commissioned by Rondout Savings Bank to create the lighthouse.

“Two words”, said Tony Marmo, owner of Normann Staffing. “Customer Service. That’s why the bank has been a cornerstone of this community for so long. The staff and management provides consistent and unmatched customer service.”, he said.

Original article posted on hvnn.com

Lighthouse Monument Ribbon Cutting
Lighthouse Monument Ribbon Cutting
Lighthouse Monument Ribbon Cutting

View Our 150th Anniversary Celebration Event Photos




Events

Ulster County Regional Chamber of Commerce Breakfast

December 10, 2021

Rondout Savings Bank is proud to be part of the Ulster County Regional  Chamber of Commerce who gives back to our business community each day! December is a magical time of the year and the breakfast always has an amazing energy which makes you feel proud to be a member of our business community!  Rondout Savings Bank is honored to have the opportunity to be the sponsor of the December breakfast each year!




Rondout Savings Bank Collects Toys for People’s Place of Ulster County

December 8, 2021

Each year Rondout Savings Bank collects toys for People Place’s Project Santa.  This program provides gift packages for local children in Ulster County every December.




Astor Services for Children and Families

December 3, 2021

The Rondout Savings Bank team attended Astor Services for Children & Families and was proud to be a sponsor of the event.  Astor is a community non-profit organization that provides children’s mental health services, child welfare services, and early childhood development services. Astor services children and families in New York State Mid-Hudson valley region and the Bronx. Astor services is committed to supporting families to ensure each child has a healthy and happy childhood.




DCRCC Athena Awards

December 2, 2021

The Rondout Team was excited to attend and support President and CEO Cheryl Bowers  as she was a nominated honoree for achieving the Athena Leadership Model  .  The Athena Award represents having a high level of professional excellence, contributing time and energy to improving the quality of life for other in the community and by actively assisting others, particularly women in realizing their full potential. Congratulations Cheryl Bowers!




American Heart Association- Hudson Valley Go Red for Women Luncheon

November 19, 2021

The Rondout Team attended the 2021 Hudson Valley Go Red for Women Luncheon as a sponsor! The Go Red for Women experience continues to be the cornerstone of the Go Red for Women movement in local communities. This empowering gathering focuses on preventing heart disease and stroke, sharing stories of people impacted by cardiovascular disease and raises critically needed funds to save more lives.




DCRCOC Strategic Financial Planning Seminar for Non-Profits

November 17, 2021

Rondout Savings Bank was delighted to sponsor a seminar to provide financial literacy to Non-profits.  Important topics for Non-Profits to keep in mind as they prepare for 2022.

How to fiscally manage your nonprofit organization for uncertain times by:

– Creating Scenario Planning or Contingency Budgets

– Enforcing financial controls by creating policy and procedures

– Increasing financial security by investing reserves

Thank You to Cindy M. Smith, CPA and Steve Jones, Thrivent Financial for presenting on these topics. 

 




2021 Ulster Chamber Business Recognition Awards

October 21, 2021

Congratulations to the 2021 Ulster Chamber Business Recognition Award recipients! These local businesses and business leaders are pillars of our community and Rondout is proud to have honored them last night.

Recipients:

Business of the Year: Howmet Fastening Systems

Small Business of the Year: 32 Partition/Seven21 Media Center

Business Person of the Year: Renae Martin- Lilly Rae in the Hamlet

Hospitality Business of the Year: Courtyard by Marriott Kingston

Commitment to the Community Award: Boys and Girls Club of Ulster County

Heritage Award: J & J Sass Electric

Emerging Young Leader: Stephen Kennedy- Turn Up The Beet

Len Cane Heart of Ulster County Award: Tommy Keegan (Posthumously)- Keegan Ales




SUNY Ulster Community College Annual Gala

October 7, 2021

The Rondout Team attended the Community Impact in Motion Gala hosted by the SUNY Ulster Foundation. The Foundation’s Annual Gala is a fundraiser and recognition event honoring outstanding individuals, organizations, businesses, and friends of SUNY Ulster. Through the generosity of our many contributors, and with the energy and vision of their leadership, the Foundation carries its mission forward for the benefit of the  amazing SUNY Ulster students.   Congratulations to Rondout Savings Bank Board of Trustee Rich Croce and his wife Donna for being honored with the “Their Future Award.”   Your commitment provides opportunity to students and makes a huge impact in our community, thank you!




Hyde Park Branch 8th Anniversary!

October 2, 2021

October 2nd, 2021 officially marked 8 years of being apart of the Hyde Park Community.  Thank You to all those who came out to the event, your support means so much to us. And to our customers and employees who showed their support and attended, you made our week. Your support validates our strong belief in the importance of coming together to be part of the community.  For event highlights and photo please visit our landing page:  https://gorondout.com/hp8/

 

 

 

 

 

 

 

 

 

 

 




Hyde Park Community Day

September 18, 2021

The Hyde Park Community Day this year celebrated the bicentennial! Rondout was there is support along with 40 other local vendors for a fun filled community day!




Hyde Park 4th of July parade Rondout FloatHyde Park 4th of July parade- Rondout branchHyde Park 4th of July Parade- FirefightersHyde Park 4th of July parade sponsor sign

Hyde Park 4th of July Parade

July 4, 2021

Each year Rondout Savings Bank sponsors the Hyde Park 4th of July parade. This is a wonderful opportunity to celebrate with the community and spread some joy! This year we also celebrated the Town of Hyde Park’s 200th Birthday!




Customer Appreciation Day!

June 18, 2021

On June 18th we celebrated all of our customers and thanked them for their business! We welcomed each customer with a delicious treat from Deising’s Bakery.  Thank you to all of our customers out their, it is honor to serve you and our community for over 150 years!




Team Rondout Volunteers for Michael B. Finnegan Golf Classic

June 14, 2021

Every year Rondout Savings Bank sponsors the Michael B. Finnegan Golf Classic. This fundraising event is committed to supporting local programs and services to cancer patients in our community.  Rondout Savings Bank is proud to contribute to a great event that benefits our community.




Rondout Savings Bank Sponsors Ulster Chamber of Commerce Business Card Exchange

May 21, 2021

We were excited to be able to sponsor the first in person event this year for the Ulster County Regional Chamber of Commerce! The Business Card Exchange event took place at The Venue Uptown and welcomed local business persons to network and promote their businesses!




Fun at Work Day!

January 29, 2021

Ron our mascot joined our employees on Fun at Work Day and brought along some special treats from Deising’s Bakery and Restaurant!




Community Involvement

Money is important, but we’ve also noticed that the idea of giving back encourages others to give, too, sometimes in terms of time and enthusiasm.


Many of us at the bank are also involved in the community in our spare time. We serve as volunteers as well as board members. Some of the organizations we volunteer our time for include:

  • American Cancer Society
  • Arts Society of Kingston
  • Bardavon / UPAC
  • Benedictine Health Foundation
  • Boys & Girls Club of Kingston
  • Boy Scouts of America – Rip Van Winkle Council
  • Center for Spectrum Services
  • Gateway Foundation
  • Hudson Valley Senior Residence
  • Jewish Federation of Ulster County
  • Kingston Hospital Foundation
  • Kiwanis Club of Kingston
  • Lions Club of Kingston
  • Mental Health Association
  • Rotary Club of Kingston
  • Ulster County Community Action
  • Ulster County Development Corporation
  • Ulster County Girl Scouts
  • Ulster County Regional Chamber of Commerce
  • United Way of Ulster County, and more!
  • YMCA of Kingston & Ulster County
  • Hope’s Fund
  • Roosevelt- Vanderbilt Historical Association
  • Hyde Park Chamber of Commerce
  • Dutchess County Chamber of Commerce
  • Community Foundation of Hudson Valley

Charitable Contributions

Our Board of Trustees, staff and their families live here and share neighborhoods, schools, houses of worship and charities with you and your families.

All decisions are made locally with local interests in mind by what we believe are the best in the business. Rondout Savings Bank is committed to our friends and neighbors. We work every day to earn the business of individuals and organizations in our community, in turn, we return a significant portion of our profits back in to the community.

Thinking in banking terms, we decided to call it our “Dividends to the Community Program.” Each and every year we donate 10% of our earnings to hundreds of area non-profit organizations for a wide range of worthy purposes.

To apply for our Dividends to the Community program click here.


Rondout Savings Bank Scholarships

Rondout Savings Bank, located in Kingston, sponsors an annual scholarship to be awarded to Business majors enrolled as freshmen or returning to Ulster County Community College. A special application is available for interested candidates and the scholarship recipient is chosen by Rondout Savings Bank.

SCHOLARSHIP APPLICATION