SAVINGS BANK COMMEMORATES ITS 150TH ANNIVERSARY
Walden Savings Bank in Montgomery, New York, recently celebrated 150 years of providing personalized financial solutions with two events that honored its history and its legacy of community-first services, and introduced the next era of digital banking for its valued customers.
Community leaders, elected officials, members of the business community and bank leadership were on hand for the unveiling of Walden Savings Bank”™s restored iconic chime clock, which was returned to its former glory to commemorate the bank”™s 150th year. The chiming of the clock at the Bank Street location was truly a sentimental moment. It had been silent for nearly 30 years and modernized in 1962 and later restored and reactivated for the anniversary, assuring it will continue to be a downtown landmark.
For its second event, Walden Savings Bank debuted the digital transformation of the Scott”™s Corners headquarters branch at an official ribbon-cutting celebration in partnership with the Orange County Chamber of Commerce.
Bank President and CEO Derrik Wynkoop said, “While we look back fondly and with gracious thanks to our community, we also continuously look ahead to new and exciting ways to serve our customers. As our digital transformation demonstrates, we will continue to invest in the future and ensure our customers”™ personalized service and experience are exceptional every day.”
Construction of the redesigned branch was performed by the Storm King Group of Montgomery, New York. Walden Savings Bank, established in 1872, is the 11th oldest federally chartered mutual savings bank. With a total of 11 full-service branches serving Orange and Ulster counties and a Loan Production office in Dutchess County, the bank is rated 5 Stars by Bauer Financial, one of the nation”™s leading financial institution analysts.