President’s Message

Rondout Savings Bank is here for you and will continue serving the needs of all our customers while considering the safety of our employees and community.

Established in 1868, Rondout Savings Bank has a long history of providing a secure place for depositors to grow their savings. Even when facing some of the nation’s most historic challenges including wars, recessions, and the Great Depression, Rondout Savings Bank continued to expand and build on its trusted reputation.

Today, we remain one of the nation’s most successful, long-standing independent banks. We have received both local and national recognition awards for financial excellence and our support to the communities we serve. You’ll find comfort in knowing that Rondout’s asset quality, capital earnings and liquidity continue to remain strong.

During these uniquely difficult times, we want to remind everyone that together we will persevere. Our focus on helping each other and strengthening our community is even more important today than ever. We will continue to donate 10% of our earnings to local charities in need through our Dividends To The Community program.

We are here to help.

We’re committed to being proactive and responsive to the needs of our customers during this time. If you are experiencing a hardship as a result of the COVID-19 pandemic, please reach out to one of our professionals and we would be glad to assist.

We are making every effort to assist our loan customers during this difficult period. Please call our residential loan servicing department to request COVID-19 relief regarding your loan payment. They can be reached at 845-331-0073 and select option 4. For our business loan customers impacted by the COVID-19 pandemic please contact our EVP, Chief Lending Officer Michael Shaughnessy at 845-334-4046 to request COVID-19 relief.

The health and safety of our customers and employees is our top priority! We are always working for you and our community.

Warmest Regards,

Cheryl Bowers, President and CEO