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.

President's Message
Walden Savings Bank has provided the local community with personalized financial solutions for over 150 years. We make it our priority to help support local individuals, businesses and community organizations realize their goals by offering a full range of financial services, including mortgage lending, business banking, investment services, personal banking, digital banking and more.
Banking The Walden Way means putting people first. It means combining the latest banking technology with the personal service only a community bank can provide. Whether you're managing everyday finances, financing a home, expanding a business, or planning for the future, we’re here to offer guidance, solutions, and support every step of the way.
With Walden Savings Bank, you can bank anywhere, anytime. Our digital tools—like mobile banking, remote check deposit, online bill pay, and person-to-person payments, and more—offer the convenience you need to manage your finances on your schedule. But The Walden Way is about more than just technology; it’s about knowing you by name, understanding your goals, and being there when you need us.
For over 150 years, we’ve helped individuals and businesses achieve their dreams. Our mortgage experts make homeownership possible with flexible financing options. Our commercial lending team helps businesses grow with customized solutions.
As a mutual bank, we don’t answer to shareholders—we answer to you. That means every decision we make is centered around the success of our customers, the strength of local businesses, and the well-being of our communities.
At Walden Savings Bank, The Walden Way isn’t just a tagline—it’s a promise. A promise to deliver exceptional service, digital solutions, and a commitment to the communities we serve. We appreciate the opportunity to be your financial partner and look forward to serving you—today, tomorrow, and for generations to come.
Sincerely,
President & CEO
Board of Directors
DIRECTORS
DIRECTORS EMERITUS

Top L to R: Ira D. Conklin III, Dr. Peter V. Masci, Norman M. Sassi, CPA - Chairman of the Board, Edward F.X. Gallagher, Jr., Stephen E. Burger, Jeffrey D. Crist - Immediate Past Chair & Vice Chairman, Seated L to R: Derrik R. Wynkoop, Marcia A. Jacobowitz, Esq.
Officers
Name | Position |
---|---|
Derrik R. Wynkoop | President & CEO |
Stephen Scott | Executive Vice President & COO |
Michael Snyder | Senior 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 |
Irene Buccieri | Vice President, Human Resources & Chief Diversity Officer |
Nichole Moretto | Vice President, Deposit Operations Manager |
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 |
Name | Position |
---|---|
David Garlinghouse | Vice President, Commercial Lending |
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 |
Abigail Doyle | Assistant Vice President, Exec. Assistant & Marketing Specialist |
Timothy T. Hoppe | Assistant Vice President, Data Operations |
Lillian Carbonara | Assistant Vice President, Area Retail Manager |
Amy Minutolo | Assistant Vice President, Area Retail 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 |