About us

Walden Savings Bank, established in 1872, is a federal chartered mutual savings bank headquartered in Montgomery, New York. With a total of 11 full-service branches serving Orange and Ulster Counties, the Bank’s progressive style of community banking provides products that cater to both the individual and the growing mid-size business. In addition, Walden Investment Services, located at Walden Savings Bank, offers personalized advice for financial planning.


President's Message

We are very excited to welcome you to the NEW WaldenSavings.BANK website. While things may look a bit different, you'll find many new features available to make banking with us easier and safer than ever. Some of the enhancements you'll see include...

We are also proud to transition to the dot BANK web domain. Dot BANK is a trusted, verified, more secure and easily identifiable location on the Internet available only to financial institutions.  You can learn more about the additional safety and security provided by our new website here and take a brief video tour. We are committed to offering our customers the latest in digital banking technology but don't forget, we’re here when you need us for personal service as well. I thank you for your continued support and look forward to exceeding your personal and business banking expectations in the years to come.

Derrik R. Wynkoop

President & C.E.O.

Board of Directors


Jeffrey D. CristChairman of the Board
Ira. D. Conklin, III
Stephen E. Burger
Dr. Peter V. Masci
Gill Mackay
Edward F.X. Gallagher, Jr.
Derrik R. Wynkoop


David C. Lustig, Jr.
Marcus H. Millspaugh, Jr.
Jeffrey A. Sohns
Richard L. Jansen

L to R: Gill Mackay; Stephen E. Burger; Jeffrey D. Crist - Chairman of the Board; Derrik R. Wynkoop, Edward F.X. Gallagher, Jr.; Dr. Peter V. Masci; Ira D. Conklin, III


Derrik R. Wynkoop President & CEO
Catherine Terwilliger Executive Vice President & COO
Daniel P. Downing Senior Vice President, Retail Lending
Brian Ratynski Senior Vice President, Commercial Lending
John Scognamiglio Vice President & CFO
John M. Carola Vice President, Retail Delivery & Marketing
Joann Menendez Vice President, Corporate Secretary
Pamela Spieler Vice President, Human Resources
Gail G. Swalm Vice President, BSA Officer
Cindy L. Voss Vice President, Information Technology
Greg L. Roe Vice President, Commercial Lending
William F. Vacca Vice President, Business Development
Mary Samuels Vice President, Commercial Lending
David Garlinghouse Vice President, Commercial Lending
Timothy T. Hoppe Assistant Vice President, Data Operations
Gloria Kozlowski Assistant  Vice President
Garry Michel, CFP® Assistant Vice President, Financial Advisor
Alicia Moir Assistant Vice President, Controller
Karin Winum Assistant Vice President, Human Resources


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