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

This year marks another milestone in Walden Savings Bank's history as we celebrate our 145th year serving our community. Since we began in 1872, our vision to be the community bank of choice and consistently exceeding the needs of you, our customers, remains the same.

Thank you to everyone who joined us at our recent anniversary celebration at Walden Savings Bank's very first branch in the Village of Walden.  We are truly humbled with the outpouring of support from the entire community.

On behalf of myself, the Board of Directors and everyone here at Walden Savings Bank, we thank you for you for choosing Walden Savings Bank.

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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