As of 2021 Rondout Savings Bank had over $467 million in total assets, and has provided financial services to thousands of businesses and households throughout the Hudson Valley area. Rondout Savings Bank has seven 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 $467 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.
We have been around since 1868, helping families, neighbors and businesses prosper. Whether you’re opening your first savings account, approaching retirement, or starting a new business, our philosophy is the same: to be the leading provider of financial services in our market by delivering total client satisfaction.
Our bank has a long history of serving our local communities and we maintain a strong tradition of customer service excellence while providing each customer with the personal attention they