Rondout Savings Bank
- Banks and Financial Institutions
Established in 1868 Rondout Savings Bank is a state-chartered, mutual banking and financial services company headquartered in Kingston, New York. As of 2014 Rondout Savings Bank had over $300 million in total assets, and has provided financial services to thousands of businesses and households throughout the Hudson Valley area. Rondout Savings Bank has five locations in Kingston, West Hurley, and Hyde Park, and operates divisions in asset management, personal banking and business banking. Rondout Savings Bank is consistently recognized by BauerFinancial, Inc. with the 5- Star Superior Quality Rating. This rating is only awarded to 10% of the financial service institutions in the country and distinguishes Rondout Savings Bank as one of the strongest banking institutions in the country.
Because we are a mutual bank we do not answer to investors, so our main focus is on serving our customers and the community. This is evidenced by our commitment to our ?dividends to the community program?. We have over $300 million in assets, and are committed to investing a percentage of our annual profit back into our community each year. And being locally based we provide personal service with local management and decision making.