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FDIC-Insured - Backed by the full faith and credit of the U.S. Government

About us

Walden Savings Bank, established in 1872, is the 10th oldest federally chartered mutual savings bank headquartered in Montgomery, New York. With a total of 11 full-service branches serving the Hudson Valley region, and a lending office located in Beacon, New York, 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.

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President's Message

At Walden Savings Bank, we believe in doing things differently. Our commitment to exceptional customer service is what sets us apart. We strive to make every interaction personal and every banking experience better than the last. Need a car loan? Do it The Walden Way. Can’t get to the bank? Don’t worry, we will come to you…that is The Walden Way.

As we continue to grow and evolve, Walden Savings Bank remains steadfast in our commitment to providing exceptional banking services to the Hudson Valley. Since opening our doors, our focus has always been on supporting you—our valued customers. Whether through personal banking, business solutions, or our investment services, we work hard to meet your financial needs with innovative, customer-focused solutions.

Our variety of checking accounts is designed to cater to diverse financial lifestyles, offering flexibility, convenience, and security. From our free checking options to accounts that earn interest, we have solutions tailored to fit your specific needs and with Express Direct Deposit, you may be able to receive your pay up to 2 days early, adding even more convenience to your cash flow and banking experience.

In addition, we understand the importance of homeownership and are proud to offer comprehensive mortgage solutions. Our team of experienced mortgage specialists is dedicated to helping you find the right loan, whether you are purchasing your first home, refinancing, or upgrading to a new one. We guide you through the process every step of the way.

At Walden Savings Bank, our commitment extends beyond banking services. We are also deeply invested in our community and are thrilled to have recently awarded three Community Champions for their outstanding charitable efforts. As we look forward to the many upcoming community events such as National Night Out, Summer Concert Series, and Harvest Festivals, we remain dedicated to supporting and celebrating the  spirit of our region.

We are excited about the future and look forward to continuing to serve you with dedication and excellence. Our commitment to community, innovation, and customer service will always be at the heart of what we do. Live your life The Walden Way. Bank The Walden Way.

Thank you for choosing Walden Savings Bank as your trusted financial partner.

Sincerely, 

President & CEO

Board of Directors

DIRECTORS

Norman "Marti" Sassi, CPA Chairman of the Board
Jeffrey D. Crist Immediate Past Chair and Vice Chairman
Ira. D. Conklin, III
Stephen E. Burger
Dr. Peter V. Masci
Edward F.X. Gallagher, Jr.
Derrik R. Wynkoop
Marcia A. Jacobowitz, Esq.

DIRECTORS EMERITUS

Jeffrey A. Sohns
Gill Mackay
Directors Image

L to R: Dr. Peter V. Masci, Norman M. Sassi, CPA- Chairman of the Board, Ira D. Conklin III, Jeffrey D. Crist - Immediate Past Chair & Vice Chairman, Stephen E. Burger, Derrik R. Wynkoop, Edward F.X. Gallagher, Jr., Not Pictured: Marcia A. Jacobowitz, Esq.

Officers

Name Position
Derrik R. Wynkoop President & CEO
Stephen Scott  Executive Vice President & COO
Michael Snyder  Vice President & CFO
Melissa J. Blough Senior Vice President, Retail Lending
Brian Ratynski Senior Vice President, Commercial Lending
Cindy L. Voss Senior Vice President, Information Technology
John M. Carola Senior Vice President, Retail Delivery & Marketing
Joann Menendez Vice President, Corporate Secretary
Pamela Spieler Vice President, Chief Diversity Officer
Irene Buccieri Vice President, Chief Diversity Officer
Lisa Gariolo Vice President, BSA Officer
Greg L. Roe Vice President, Commercial Lending
Michael Weimer Vice President, Commercial Lending
Mary Samuels Vice President, Commercial Lending
David Garlinghouse  Vice President, Commercial Lending
Name Position
John Coughlin Vice President, Business Development Officer
Gloria Kozlowski Vice President, Retail Lending
Garry Michel, CFP® Vice President, Financial Advisor
Karin Winum Vice President, Human Resources
Crystal Johnson Vice President, Controller
Timothy T. Hoppe Assistant Vice President, Data Operations
Lillian Carbonara Assistant  Vice President, Area Retail Manager
Amy Minutolo Assistant Vice President, Area Retail Manager
Nichole Moretto Assistant Vice President, Deposit Operations Manager
Katie Foley Assistant Vice President, Business System Liaison
Zachary Peterson Assistant Vice President, Credit Department Manager
Tyler Ryan  Assistant Vice President, Lending System & Data Integrity Manager 
Keith Porsch Assistant Vice President, Training & Talent Manager
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