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Monday, April 19 2021

News

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.




Jennifer Sickler

Jennifer Sickler Joins Rondout Savings Bank as Ulster Branch Manager

February 1, 2021

With more than 30 years’ experience in the retail banking industry Jennifer brings a wealth of knowledge to her Branch Manager position at Rondout Savings Bank. Jennifer strives to have each client leave her office feeling better about their financial health.

Jennifer was born and raised in the Hudson Valley and she currently resides in Ulster County with her two children. She works with several community organizations to help make our community a great place to live. One organization that she is passionate about is People’s Place, every year she volunteers to help with the Thanksgiving meal giveaway.

“We’re very excited to have Jennifer join the Rondout Savings Bank Team as she not only brings years of customer service and leadership experience, but a passion for serving the local community as well” States Susie Dallies SVP, Chief Operating Officer of Rondout Savings Bank.

Jennifer Sickler, Ulster Branch Manager
1296 Ulster Avenue Kingston, NY 12401
jsickler@rondoutsavings.com
845-334-4101




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 Welcomes New Residential Loan Originator Matthew Treglia

November 23, 2020

Matthew was born and raised in the Hudson Valley, growing up in New Paltz he gained a passion for working with and supporting local  businesses in the community. Rondout Savings Bank being a local community bank shares those same values and he is proud to be a member of this team.

Throughout Matthew’s journey in banking he has held roles in customer service, management and financial advising. He has always prided himself on listening to customers’ needs and delivering a solution that helps them achieve their goals.
Whether it be making home improvements, refinancing your current mortgage, purchasing an investment property, or building your dream home; Rondout Savings Bank offers the right solution to meet your needs.

Matthew graduated from The College at Brockport, State University of New York in 2006 with a Bachelor’s Degree in Business with a concentration in Marketing. He is thrilled to be part of the Rondout Savings Bank team and looks forward to helping you accomplish your homeownership aspirations.

Matthew Treglia, Residential Loan Originator
NMLS #491496
300 Broadway Kingston, NY 12401
mtreglia@rondoutsavings.com
845-532-2726




Banking Choice Awards

Rondout Savings Bank Wins Banking Choice Award

September 22, 2020

Rondout Savings Bank has won the prestigious Banking Choice Award for the Hudson Valley region in the Community Commitment category! We are dedicated to supporting and enriching our communities. We contribute thousands of dollars each year to local non profit organizations through our “Dividends to the Community” program. Through this program, the bank commits 10% of our annual earnings each year back to the communities we serve. We are proud to support our communities to help them remain great places to work, live and raise a family. We are very honored to win this award and will continue our commitment to supporting our communities.




Cheryl Bowers presenting the Dare to Soar award to Jodi urbanCheryl Bowers and Jodi Urban posing with the Dare to Soar Award

Rondout Savings Bank’s Dare to Soar Winner

September 6, 2020

Every day we are lucky to be surrounded by individuals who exhibit strong work ethics and cultivate a culture of excellence at Rondout Savings Bank; they’re the people who just make jobs easier.

Two times a year we seek out nominations to recognize those very special people and award them with the prestigious “Dare to Soar” Award.  This award is exceptionally distinctive because all nominations come from their co-workers.  There’s something wonderful in giving and receiving public peer recognition for the personal attributes and qualities that make these individuals invaluable members of our organization.

Congratulations on winning our 2020 Dare to Soar award Jodi Urban!




Jennifer Fabiano giving the Gift Cards to the winner of our Summer Gift Card Extravaganza contest.

Gift Card Extravaganza Winner!

August 29, 2020

During the month of August we had our Summer Gift Card Extravaganza! Anybody could enter to win 11 $50 gift cards to popular restaurants! Our winner was Lori LeBeouf! She was very excited to enjoy all the local eateries in both Ulster and Dutchess Counties.




Lobby Procedures Instructional Video

June 5, 2020

As we prepare to reopen our lobbies here is a video explaining our safe banking practices for social distancing. #RondoutCares




Reopening Update Message from President & CEO Cheryl Bowers

June 3, 2020

We are working hard to make sure appropriate practices and protections are in place to provide a safe banking experience for our customers, staff and community. #RondoutCares




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.




Message from President & CEO Cheryl Bowers

May 29, 2020

Hear from President & CEO Cheryl Bowers on Rondout’s resilience during the pandemic.

#RondoutCares
#AlwaysWorkingForYouAndOurCommunity




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

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!




Ulster Chamber Virtual Buy Local Expo

September 16, 2020

This year the Ulster County Chamber Buy Local Expo was Virtual! It took place on Sept. 16th and allowed each exhibitor a few minutes to let the chamber members see how their business works.




Cosimo DiBrizzi Dinner Donation

Dutchess Chamber Cosimo DiBrizzi Celebrity Servers Dinner

September 14, 2020

We worked with the Dutchess County Regional Chamber of Commerce to donate meals to Sparrow’s Nest and to support the Cosimo DiBrizzi Scholarship fund! Normally we would attend the Annual Cosimo DiBrizzi Celebrity Servers Dinner, but this year we had to do things a bit differently. We are proud to still be able to support the Cosimo DiBrizzi Scholarship Fund and one of our Charities of Choice this year Sparrow’s Nest!




ImmuneSchein Ginger Elixirs Ribbon Cutting Group

Ulster Chamber of Commerce Ribbon Cutting ImmuneSchein Ginger Elixirs

September 10, 2020

Congratulations to ImmuneSchein Ginger Elixirs on the opening of their new location in Saugerties! We were proud to be able to be their for their official ribbon cutting with the Ulster County Chamber of Commerce.  Check out their selection of tea, honey, baked goods, and more: https://immune-schein.com/.

 




Cheryl Bowers presenting the Dare to Soar award to Jodi urbanCheryl Bowers and Jodi Urban posing with the Dare to Soar Award

Rondout Savings Bank’s Dare to Soar Winner

September 6, 2020

Every day we are lucky to be surrounded by individuals who exhibit strong work ethics and cultivate a culture of excellence at Rondout Savings Bank; they’re the people who just make jobs easier.

Two times a year we seek out nominations to recognize those very special people and award them with the prestigious “Dare to Soar” Award.  This award is exceptionally distinctive because all nominations come from their co-workers.  There’s something wonderful in giving and receiving public peer recognition for the personal attributes and qualities that make these individuals invaluable members of our organization.

Congratulations on winning our 2020 Dare to Soar award Jodi Urban!




Bobby Pratt with the Taco BasketJill Hunlock with the Echo ShowKristen Bogart with the family game night basketPatti Hagen with the Monkey Joes Basket

Employee Appreciation Week

September 2, 2020

On Sept. 4th we kicked off our annual employee appreciation week! We started this fun week with handing out new swag items to all of our employees! All week our employees had a chance to win great raffle prizes! The winners were Bobby Pratt who won the Taco Tuesday prize basket including a Santa Fe Uptown gift certificate, Patti Hagen who won the coffee prize basket including a Monkey Joe Roasting Company’s travel mug and fresh ground coffee, Kristen Bogart who won the family game night basket, and Liz Hunlock who won the grand prize an Echo Show! To end the week we had a special lunch delivered to all locations from Ole Savannah and Hyde Park Brewery! We are sincerely thankful for all our employees hard work and dedication.




Christina Myers

Dutchess Chamber 40 Under Forty Movers & Shakers Awards

August 20, 2020

This year’s 40 Under 40 Awards looked a little different! It took place socially distanced at the Hyde Park Drive-In. The ceremony featured each honoree on the big screen with a recorded message. Congratulations to our very own AVP, Director of Human Resources Christina Myers for being honored!

 




Food Donation, Group PhotoFood Donation, Cheryl BowersFood Donation pick up, Chops GrilleFood Donation, Jen

HealthAlliance of the Hudson Valley Essential Health Care Workers Food Donation

June 12, 2020

Thank you to all our Essential Health Care Workers for all your hard work and dedication! To show our appreciation we donated dinners to the

HealthAlliance of the Hudson Valley Kingston Campus from Chops Grille. It was a pleasure to run into another local business and community supporter that was also donating meals Joseph V. Leahy Funeral Home, Inc. We are part of an amazing community!



Health Alliance Food DonationHealth Alliance Food Donation

HealthAlliance of the Hudson Valley Essential Workers Food Donation

April 22, 2020

We are very grateful for our heroes working in the hospitals and helping our communities during these tough times! To show our appreciation we donated food today to HealthAlliance of the Hudson Valley  Kingston Campus from Ole Savannah Southern Table and Bar! Thank you to all the essential workers that are helping our communities!!




Food Donation pick up, Hyde Park BreweyFood Donation Drop Off Vassar Hospital

Vassar Hospital Essential Workers Food Donation

April 21, 2020

We had the honor to donate food to the COVID floor at Vassar Hospital this evening from the Hyde Park Brewery! Thank you to all of the essential workers and the wonderful staff at the Hyde Park Brewing Company!




Leap for Kindness Day UptownLeap for Kindness Day UlsterLeap for Kindness Day Loan Center Interns

Leap for Kindness Day!

March 2, 2020

We spent our extra day over the weekend with the Ulster County Regional Chamber of Commerce #Leapforkindnessday! All of our locations collected snacks and art supplies for the YMCA of Kingston & Ulster County Star Fish Camp!




Hyde Park Installation Dinner

Hyde Park Installation Dinner

January 21, 2020

On January 21st we welcomed in the 2020 Board of Directors and Officers of the Hyde Park Chamber at the Annual Hyde Park Installation Dinner.

 




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