Rondout Savings Bank is a mutual savings bank that has been in business for over 145 years. Every year our Bank picks two “Charities of Choice” which are organizations the employees select and raise money for.  In past years, we have supported such organizations as the Juvenile Diabetes Foundation, the Boys & Girls Club, the YMCA of Ulster County, the American Cancer Society, the Warrior Transition Unit, the Rosemary D. Gruner Memorial Cancer Fund, The Queens Galley, the Happy To Help Food Pantry, The Alzheimer's Association and the Happy Christmas Fund. This year we've selected the Center for Spectrum Services and the WGHQ Happy Christmas Fund. 

Upcoming Events:


Recent Events:



Facing the Future with Confidence

Hospice Event

Most of us have ideas and uncertainty about the ways we wish to face our aging but may be uncomfortable discussing our thoughts.

Join us Wednesday September 17th, 2014 5:00 PM at Cappola's Resturant, 4167 Albany Post Road in Hyde Park.

Rondout Savings Bank and Hudson Valley Hospice have teamed up to deliver an extraordinary seminar on planning for the future. An interactive panel discussion will bring together local professionals from multiple fields that will speak on important topics that include: health care choices, assisted living, skilled nursing, long term care options, finances, legal concerns and pre-planning. Moderated by Tim Massie, Senior Vice President of Public Affairs at HealthQuest, panelists will deliver real-world examples that will bring awareness and solutions to new regulations, laws, and the potential struggles facing thousands of elderly and their families in the Mid-Hudson Valley. “This forum will help people think about issues that need to be addressed but are often avoided, whether it’s for our parents, other loved ones, our friends, or ourselves. Planning allows for better decision-making, rather than having the stress of the moment lead to a rushed decision that is not well thought-out or does not reflect the wishes of the person for whom we are caring,” explained Massie.  

Often listening to others share their ideas, or reviewing the circumstances with professionals who are familiar with families who have been in similar situations can help. Unfortunately, we can’t avoid aging and since we can all agree that it’s just too difficult to face the unknown during a time of need, the best approach is to gain the necessary knowledge to make confident decisions about you and your loved one’s future.  

The objective of the seminar is to provide attendees with a platform to start the important process of discussing, determining and executing a plan for you and your beloved elders. Medicare, Medicaid, estate planning, bank finances, health care, funeral services, and insurance for example all come with their own set of rules and unless you have the assistance of informed experts, decision making will prove to be more than difficult.  

Jim Davenport, Rondout Savings Bank’s President and CEO, explained how the bank has a strong desire to become an important part of the Hyde Park community and help the Hyde Park area grow and prosper just like they have helped the Kingston market since 1868. “We view the Hudson River as a common asset, enhancing the life of communities on both sides of the river. The Hudson connects our communities.” “Partnership events like this one with Hudson Valley Hospice are important to us and help connect a community in many ways,” stated Davenport. Kelly Caldwell, Hyde Park Branch Manager at Rondout is working hard to get the message out about this event and its venue at Coppola’s Restaurant in Hyde Park. Kelly can be reached at (845) 229-0383 for further details.




Rondout Donates $4,000 to the Kingston YMCA Farm Project Program ymca

As part of its ongoing commitment to the community to help support local programs, Rondout Savings Bank recently donated $4,000 to the Kingston YMCA Farm Project.
“As a local community bank, we believe it is important to support the communities in which we do business,” said James Davenport, President and Chief Executive Officer of Rondout Savings Bank . “The board and I were very impressed by the Kingston YMCA’s unique agricultural project and we are pleased to have the opportunity to  lend our support.”

The mission of the Kingston YMCA Farm Project is to empower and educate young people by engaging them in sustainable food production on an urban farm. This unique farm project was created to give the communities in Kingston and Ulster County access to the freshest produce, providing great food at a fair price and also educating children in a fun way about the benefits of growing their own food and eating healthy.

“We greatly appreciate the generous support of Rondout Savings Bank; they have always been there when we needed them. They immediately recognized the importance of our Farm Project to the community and were excited to support it. We couldn’t have done this without them,” said Heidi Kirschner President and Chief Executive Officer YMCA of Kingston and Ulster County.

On Thursday June 19, the Kingston YMCA Farm Project will introduce their new Farm Stand and Mobile Market. This event will be held at 4pm at the main entrance of the Kingston YMCA, 507 Broadway in Kingston.


Rondout Savings Banks supports the Michael B. Finnegan Golf Classic for Cancer golf classic

Each and every year Rondout Savings Bank donates 10% of their earnings to hundreds of  area non-profit organizations for a wide range of worthy purpose. Thinking in banking terms, they decided to call it the “Dividends to the   Community Program.”

Because of this program, Rondout  Savings Bank is proud to be the Primary  Sponsor of this year’s 33rd Annual Michael B. Finnegan Golf Classic for Cancer which will take place on June 13th at the Wiltwyck Golf Club in Kingston, N.Y. The Golf Classic was named in 2001 for Michael Bradley Finnegan, a wonderful husband, father, son, brother and friend who tragically passed away on September 11, 2001. Michael was an avid golfer, having won the county Men’s Championship while in high school, and was the first Chair of the Golf Tournament prior to leaving college.

In the past, funds raised at the tournament were donated to the American Cancer Society. Instead, this year the HealthAlliance Foundation is aiding the Michael B. Finnegan Golf Classic with distributing the funding to local cancer programs and services.

“We talked with our golfers, sponsors and all interested parties and we all felt strongly that we wanted our valuable dollars to go to local residents in need of cancer care here in Ulster County,” said Ian Horowitz, Committee Chairman.” Executive Director of the HealthAlliance Foundation Steffen Kraehmer said the HealthAlliance Foundation will be contributing to the tournament by providing administrative support and event day assistance. “This is a great opportunity to direct the funds back into our own community…”


Dutchess County Senior Picnic Program

The Office for the Aging recently began their Senior Picnic Program which serves thousands of Dutchess County seniors and is scheduled throughout the summer at various parks in the county. These ten events are open only to senior citizen residents and their guests of the village/town(s) specified for each event.

Residents age 60 and over are invited to come out and socialize with their friends and neighbors at the event designated for their hometown, enjoy a nutritious meal, and learn more about the programs and services offered by the Office for the Aging. Other County departments as well as several non-profit organizations of interest to seniors will also be on hand.

Rondout Savings Bank was once again one of the main sponsors of this event held at Fran Mark Park in Clinton and was warmly received. The weather was gorgeous, the food was excellent and there wasn’t an empty seat in the place.  Our table was packed with people asking questions, checking out our great give-aways (which other vendors came over to admire and take photos of to show their supervisors for next year!) and filling out raffle forms for our two gift baskets.  Both winners were from Hyde Park and were thrilled with their prizes!


RSB Team: Gaelen Grogan-Doughman, Richard Barger


West Hurley Family Day

It’s that time of year again when the West Hurley branch celebrated their 5th Annual Community Day which was held in conjunction with the Hurley Ridge Market’s 11th anniversary celebration. Families and folks, young and old, had a day of fun including a barbeque, popcorn, cotton candy, snow cones, a spacewalk bouncer, kids games, Zumba lessons, fire truck demonstrations, drawings for some great prizes, and a wide variety of food vendors courtesy of the Hurley Ridge Market.


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Rondout Savings Bank Sponsors May Chamber Mixer on the Water group

The UC Chamber of Commerce's May Mixer took place on May 28th down on the Kingston Waterfront and was hosted by Mariner's Harbor. With the beautiful spring weather now here, it was the perfect time and place to attend a function where you can network with other local business leaders in a great location. It was a successful evening filled with great food, fun give-aways and good company.



2014 Charities of Choice

Thank you to each of you who participated in suggesting the prospective charities for 2014. We are happy to announce that the two charities of choice for 2014 will be the WGHQ Happy Christmas Fund and the Make a Wish Foundation (Hudson Valley Chapter). After learning that three members of our Rondout Savings Bank family are struggling with terminal illnesses in their immediate families and are each being supported on some level by the Make a Wish Foundation, we unanimously agreed that 2014 would be the year to give back to a worthy organization that has helped some of our co-workers and friends manage the unimaginable difficulties of life-threatening diseases. Also, the WGHQ Happy Christmas Fund continues to be an avenue to bring holiday gifts, clothing and food to local families. All fundraising initiatives of the WGHQ Happy Christmas Fund are on a volunteer basis with no paid staff and all dollars raised go right back in to the communities where we live and work.

First Fundraiser of the Year!

The first scheduled event for 2014 will be our very popular Valentine’s Day Bake Sale! The Uptown branch will be holding their bake sale on Thursday, February 13th and on Friday, February 14th it will be held at our Broadway branch. Be on the lookout for more information on how you can participate to help make this first fundraiser a huge success!



On March 14th, the Gateway Community Industries, an agency committed to providing the highest quality of service to people with varying abilities in the Mid-Hudson Valley region of New York State, held its annual $10,000 raffle.  It was a sold out house and as always, several people from Rondout Savings Bank were on hand as volunteers during this fast-paced, fun event. 

ArtBridge, a New York City-based nonprofit organization, is best known for transforming disused urban spaces into large-scale canvases for emerging artists. Through billboard-sized public art installations, exhibitions in its gallery, and educational programming, the nonprofit looks for innovative ways to create opportunities for artists - and to connect the public to their art.  For the past two years, Rondout Savings Bank has been a sponsor of this exciting undertaking.  The installation, which opened in conjunction with the city’s annual St. Patrick’s Day parade, now adorns the bridges over Broadway in Midtown Kingston and will be on display for six months. The curators narrowed down the 150 plus submissions that were received to ten top finalists and, Deborah Mills Thackrey & Frank Wright’s works were ultimately selected for exhibition. Several people from the bank attended the opening reception held at Keegan Ale Brewery where they met and spoke with the winning artists as well as some local dignitaries which included Mayor Gallo.

jim and mayor winning artists shokanlighthouse

A busy month for events, Saturday, March 22nd, the Ulster County SPCA held is 15th annual Fur Ball at the beautiful Diamond Mills Hotel in Saugerties.  The evening began with a huge silent auction with some wonderful items donated by local merchants. While enjoying a delicious dinner in this incredible setting, the attendees were shown a heart-warming and heart-wrenching slideshow during which several volunteers made the rounds with two of the most adorable kittens looking for a good home.


Business Holiday Networking Event - Our annual Rondout Savings Bank Business Holiday Networking Event was hosted on December 11, 2013, at The Twaalfskill Club. This event allowed our business customers a chance to network with each other, and allow a way for the bank to say thank you for all their support in 2013. In light of the Holiday Season instead of spending money on a giveaway that someone might just throw away, Rondout  committed $500 to a charity of choice, which was decided by casting a ballot and with the choices being: The Boys and Girls Clubs, Community Foundation of the Hudson Valley, People’s Place, Ulster County SPCA, Children’s Home of Kingston, Hospice Foundation and Queens Galley. After tallying the entire ballots The Boys and Girls Clubs will receive $500 for this Holiday Season.

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RSB Holiday Party: Set at the beautiful Hillside Manor, this year’s Holiday Employee Appreciation Party, “Celebrate an Evening with the Stars” was a wonderful time sponsored by Rondout Savings Bank. Everyone was dressed to the “nines” and had a blast eating, drinking and dancing. The highlight of the night was the presentation of awards by president Jim Davenport to this year’s winners after tallying a vote by their peers…although there was only one actual award given out, everyone is considered a winner on Team Rondout! Pictures are available and will be delivered by HR, you all look great! A special thank you this year’s holiday party committee: Cindy A., Gina P., Richard B. and Crystal J.


Ulster County Chamber of Commerce Waterfront Mixer  - Chamber members are invited to enjoy the hospitality of Hudson River Cruises on this sold out cruise on the Rip Van Winkle.  Sponsored by Rondout Savings Bank, these mixers give business owners the opportunity to get together as a large group in a beautiful setting and get to know each other while having a great time.  Person to person networking is the best way to build a successful business.



Hyde Park Senior Picnic - Each summer, The Dutchess County Senior Picnic Program serves a free Chicken Bar-B-Que to almost 5,000 residents at 10 different locations. It's a great opportunity for seniors to express their questions and concerns directly to the staff of the Division of Aging Services and at the same time enoy the fellowship of their friends and neighbors. On June 19th, Rondout Savings Bank sponsored the event held in Salt Point near Hyde Park (site of our newest branch opening this fall) at the Frances J. Mark Memorial Park. It was a beautiful day attended by over 100 seniors who warmly welcomed us! Pictured below are Bryan, Steve and Jim who manned the table, and Jim with the winner of our raffle basket, Kenneth Bartlett.

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July 4th Celebrations - This year we were not only down on the strand sponsoring the music at the city of Kingston's fireworks celebration, but we also co-sponsored the Hyde Park 4th of July parade. There was a large group of volunteers from the bank who, in spite of the heat, greeted over 1,000 of our new neighbors with lots of great give-aways and smiles... RSB blue and white balloons could be seen up and down the entire parade route!

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RSB Fundraising Updates:


Congratulations on an outstanding job with the Mother’s Day fundraising efforts which yielded outstanding results. Kudos to the Broadway Team for their leadership and to all who volunteered their help for coming together to knock this one out of the park.  The Mother’s Day Necklace Raffle raised a total of $981.00 and the Mother’s Day Bake Sale raised a total of $362.50 for a grand total of $1,343.50!


The Rondout Savings Bank team has so far raised about 71% of our $4,000.00 goal for the fundraising year to benefit the children helped by our 2014 Charities of Choice, and we’re not even halfway through the year.


2013 Charity of Choice - A huge thank you to our Fundraising Team headed up by Susie and Tonya and supported by the entire Rondout Savings Bank team for a job well done. This year surpassed all previous years with a new grand total of $5,592.26! This total was divided between the WGHQ Happy Christmas Fund and the Center for Spectrum Services.

Holiday Adopt-A-Family - This year, we had the privilege of adopting two families - one from each side of the river. The family from Dutchess County is a single mom with one teenage son and one teenage daughter. We found them through Family Services of Dutchess County. The family from Ulster County is a single mom with three small children. We found them through Project HOPE. This final undertaking for our fundraisers started out slowly, but thanks to everyone’s Christmas spirit, ended up catching fire and the result was delivering a truck load of presents to our two families. Bank employees generously donated a total of over $820.00 for gifts for the two families. Every child was given a complete outfit (top and bottom) along with sweatshirts, shoes, socks and pajamas. Non-clothing items included arts and crafts, purses, jewelry, sports equipment, toys, pots, pans and cookie sheets. There were also many items which were donated by employees for the families which included Avon gift sets for the mothers, board games, popcorn buckets, movies, a bracelet maker, a DVD player and a digital coffee pot. Both families received a “entertainment” bucket with three family DVDs, popcorn, candies and the bank donated movie tickets, reminding us what the true spirit of Christmas is all about. Thank you to all who donated and Happy New Year!

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Car Wash Fundraiser! - Sunday, July 21st we had our second annual car wash at the Ulster Avenue Branch. This year we wanted to kick it up a bit so, besides offering a super car wash, hot dogs, chips and cold beverages, radio station WBPM was there with a live broadcast to liven up the event! It was a perfect day and a great opportunity to make money for our charities while having fun doing it.. in fact, we made a whopping $365.00!

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