Walden Savings Bank, established in 1872, is the 11th 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.
As the weather turns warmer and the sights and sounds of Spring are all around us, it is very encouraging to see businesses opening back up to full capacity and events beginning to take place again. We have many things to be excited about within Our Community and here at Walden Savings Bank.
While the community opens back up for business, Walden Savings Bank and its employees have continued to volunteer and safely participate in several events. Our team recently participated in the Town of Montgomery Clean Sweep, WSB’s Adopt a Highway Clean Up, and we held our first Community Shred Day of 2021. Be sure to check out our newly expanded community page to learn more about these events and to see where we will be next. If you were unable to attend our first Community Shred Day, there will be two more opportunities to safely destroy your confidential documents. Visit us at waldensavings.bank/communityshreddays2021 for the full schedule.
We are happy to share that our Community Champion program will continue throughout 2021. Our partnership with Energy 103 created the “Community Champion” program as a way to highlight members of our community who volunteer and selflessly help others. The Bank also awards the affiliated non-profit organization with $500. If you know someone who volunteers locally, nominate them today for consideration and learn about the recent Community Champions by visiting us at waldensavings.bank/communitychampion.
Next, our Scott’s Corners Branch is about to undergo a digital transformation. The project includes renovations to 3,100 square feet of interior space including the creation of the “WSB Café,” a coffee bar for guests, and a digital discovery center that will offer access to hands-on demonstrations of the latest in banking technology. Plans also include a renovated lobby equipped with expanded self-service options, workstations for customers, and a more efficient use of space for a more interactive customer experience. Construction will begin this Spring with the Storm King Group, based in Montgomery, overseeing the renovation.
Finally, we are proud to begin the countdown to our 150th year in business in 2022! As we prepare for this milestone, we will be sharing ways that our community, our customers and our employees can get involved that will include fun celebratory content on our website, email, and social media channels. We could not have made it this far without our loyal customers, some of whom have been banking with us for generations, as well as our team of outstanding employees. We are excited to include the entire community in our anniversary celebrations over the next twelve months.
I look forward to sharing more updates with you as the year goes on. As always, it is our privilege to serve you and we are thankful for the opportunity to work with the businesses and residents of the Hudson Valley.
Derrik R. Wynkoop
President & C.E.O.
Board of Directors
L to R: Dr. Peter V. Masci, Jeffrey D. Crist - Chairman of the Board, Stephen E. Burger, Dr. Michelle A. Koury, Derrik R. Wynkoop, Ira D. Conklin III, Edward F.X. Gallagher, Jr., Norman M. Sassi, CPA
|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|
|Lisa Gariolo||Vice President, BSA Officer|
|Cindy L. Voss||Vice President, Information Technology|
|Michael Snyder||Vice President, Controller|
|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|
|Gloria Kozlowski||Vice President, Retail Lending|
|Garry Michel, CFP®||Vice President, Financial Advisor|
|Karin Winum||Vice President, Human Resources|
|Michael Weimer||Vice President, Commercial Lending|
|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, Bank Operations Administrator|
|Crystal Johnson||Assistant Vice President, Assistant Controller|
|Katie Foley||Assistant Vice President, Business System Liaison|
|Zachary Peterson||Assistant Vice President, Credit Department Manager|