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Commercial Loans


Report a lost or stolen Debit/ATM Card please call 1 (844) 890-6189. | Routing #221971086 | NMLS #684320

Sunday, February 25 2018

At Rondout Savings Bank, we recognize that your business is unique and we take pride in getting to know you and your business needs.


We have a professional, experienced Business Banking team available to provide a variety of competitive and flexible business loan products tailored to meet your specific needs. We offer a wide variety of services with competitive pricing, our decisions are made locally and we respond in a timely, accurate and professional manner.

Meet our Commercial Lending Professional

Stephen J. Sickler AVP Business Banking & Business Development

Stephen Sickler
(845) 334-4106
(845) 901-1801
(845) 382-2743

With more than 20 years experience in the banking industry, Stephen brings a life-time of experience to each business client interaction. He provides solutions tailored to meet each client’s specific need, with the ability to serve as a trusted advisor, he takes pride in helping his clients choose the very best solution. Stephen is a graduate of Kingston High School and St. Bonaventure University. He has served on the Boys & Girls Club of Ulster County Board of Directors for over 15 years and also sits on the Board of Directors for the Wiltwyck Rural Cemetery Association. Stephen resides in Lake Katrine with his two children and looks forward to meeting you!

Bill Gerlach AVP Business Banking & Business Development

Bill Gerlach
(845) 339-2600
(845) 532-2726
(845) 339-9888

Bill has 14 years’ experience in banking in leadership roles, previously with other institutions in commercial lending. He looks forward to getting to know new clients and to be able to work with former clients. Bill says he is “eager to help Rondout Savings Bank grow and prosper by helping my clients grow and prosper. Working with Rondout gives me the opportunity to get involved with the community through a bank that has strong community values.
Bill, a business graduate of Marist College, lives in Claverack, in Columbia County. He serves as a board member for the Columbia County IDA, the Salvation Army, and Home for the Aged.

Alicia Punkosdy AVP Business Banking & Business Development

Alicia Punkosdy
(845) 229-0383
(845) 430-1154
(845) 229-0518

Alicia brings 26 years of banking experience with her to Rondout Savings Bank, having worked for other institutions. Alicia resides in Hyde Park, where she was born and raised. She graduated from Roosevelt High School and went on to graduate from the State University of New York at New Paltz. When asked what brought her to Rondout, Alicia said “Rondout is a community bank with strong community ties; It brings me back to my Dutchess County Roots.”
In her new role as Assistant Vice President, Business Banking Officer, Alicia is looking forward to expanding commercial relationships and getting to know Dutchess County business owners. Alicia is involved with several small not-for-profit organizations in the community, is a member of the Dutchess County Regional Chamber of Commerce, Hyde Park Chamber, Rhinebeck Chamber, and formerly a board member of Vassar Warner Home.


Commercial Real Estate Mortgages

Obtain financing for owner-occupied or investment commercial real estate. Put our long-time and local experience to work for you.

  • Quick approval process
  • Maturities may be up to 25 years
  • Competitive pricing
  • Life of the loan service from Rondout Savings Bank
  • Automatic payment from a Rondout Savings Bank account available
  • Use funds to purchase, refinance or expand.
  • Local Underwriting and Decision Making


Commercial Mortgages

Whether you are ready to make a purchase, refinance or renovate your existing facility, we have the right Commercial Mortgage solution for you. At Rondout Savings we offer competitive pricing, flexible terms and financing options, together with local decision making. Our Business Banking professionals will be with you throughout the entire mortgage process and are committed to getting it right the first time.

Commercial Construction Loans

Whether you are planning new construction or expanding on your existing real estate, our professional Business Banking team will help you through each phase of the project. Our Commercial Construction Loans can be tailored to your needs. They offer flexible repayment terms and competitive pricing. Because our decisions and disbursements are made locally, your construction projects are our priority!


Business Lines of Credit

Rondout Savings offers you the flexibility you need to operate your business efficiently and effectively every day. Our Business Line of Credit is the solution to short-term working capital needs, inventory financing and any immediate cash flow needs of your business.

This financing solution offers flexible terms, competitive pricing and flexible repayment options. This Business Line of Credit makes funds available up to a pre-established limit. All decisions are made locally in a professional, timely and accurate manner.

If you are experiencing short-term working capital needs a Business Line of Credit may be the solution.

  • Flexible terms and competitive pricing.
  • Flexible repayment options.
  • Revolving Line of Credit with funds available up to a pre-established limit
  • Local Underwriting and Decision Making
  • Easy access to available funds


Business Term Loans

A term loan from Rondout Savings Bank is a convenient financing option that you can use to finance new or used machinery, equipment, leasehold improvements, update your technology and more. We offer a variety of financing terms, competitive pricing, quick turnaround, and credit approval decisions are made locally. Our competitive pricing and flexible repayment terms can help you turn your goals into reality.

Finance long-term working capital or equipment with regular payment terms.

  • Variety of Financing Terms Available.
  • Competitive pricing.
  • Local Underwriting and Decision Making


SBA Loans

Rondout Savings Bank is proud to be a bank certified to offer Small Business Administration guaranteed financing to our business clients. Our Business Banking professionals are experienced in a variety of SBA programs. Each program has unique benefits to meet your specific needs. Additionally, you will deal directly with your Rondout Savings Business Banker who will support you through the entire loan process.

For more information on SBA financing, please visit www.sba.gov.

  • Lower down payment requirements.
  • Longer repayment terms.

Business Credit Application Notification and ECOA/ USA Patriot Act Disclosure