Rondout Savings Bank is headquartered in Kingston and is the 79th largest bank in the state of New York. It is also the 1,785th largest bank in the nation. It was established in 1868 and as of March of 2022, it had grown to 85 employees at 5 locations. Rondout Savings Bank's money market rates are 11% higher than the national average, and it has an A health rating.
We have always received great customer service at the Hyde Park branch and the tellers and managers who work there know us by name when we come in. Rondout's CD rates are almost always the best around (but of course, pretty lousy in absolute terms), and much better than the big national/regional banks.
I found that employees were not consistent and gave me the run around on multiple occasions. I had been a customer for 32 years and they did not hesitate when I asked to close all of my accounts and remove over $20,000.00. They do not seem to care about their loyal customers and have terrible customer service. Anything other than a simple deposit seemed to turn into an ordeal and always had to make multiple trips into the bank. If you are enrolled in electronic banking they did not allow for transfer of money between checking and savings accounts without going into the bank. If you go in with your savings account withdrawal slip and ID they will not let you withdraw money without having your passbook physically with you even if you show your photo ID and know your account number. It seemed as though things went downhill there over the last few years and I look forward to easier banking elsewhere.
This bank scores very well in the slowest speed ,and tellers who cant find your account and must always have a license to verify and after using the window hoping speed would be better ah no on three occasions had to stop go back inside to return the over payment given to me..
someone needs to over see this branch and act like a customer for what it is worth i refuse to go back and guess i have to drive back to ULSTER AVENUE driving there is a pain but the service is impeccable and the staff have been pretty efficient and at least this branch manager works the lines and is around the employees to help them out she does it very gently to....thanks Hurley for making me use more gas to travel...if i ran these banks id close Hurley and open in the middle of saugerties..now thats an idea
Overall | |
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FDIC Certificate # | 15969 |
Year Established | 1868 |
Employees | 85 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.29% |
Return on Equity - YTD | 3.24% |
Annual Interest Income | $3.8MM |
Assets and Liabilities | ||
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Assets | Q1 2022vs Q1 2021 | $484.9MM$459.1MM |
Loans | Q1 2022vs Q1 2021 | $343.3MM$331.5MM |
Deposits | Q1 2022vs Q1 2021 | $431.2MM$404.3MM |
Equity Capital | Q1 2022vs Q1 2021 | $41.3MM$42.1MM |
Loan Loss Allowance | Q1 2022vs Q1 2021 | $4.0MM$3.9MM |
Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $807.00K$3.9MM |
Real Estate Owned | Q1 2022vs Q1 2021 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.10% | $1 | - | Holiday Club | |
0.10% | $10 | - | Passbook Savings | |
0.10% | $10 | - | Statement Savings | |
0.10% | $10 | - | Business Statement Savings | |
0.10% | $10 | - | Lighthouse Savings |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.25% | $1k | - | Power Advantage Checking | |
0.10% | $1k | - | Not-for-Profit Checking | |
0.10% | $1k | - | Partnership Checking |
Rondout Savings Bank Locations | ||
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Kingston Branch | 1296 Ulster Avenue | Kingston, NY 12401 |
Uptown Kingston Branch | 130 Schwenk Drive | Kingston, NY 12401 |
West Hurley Branch | 295-4 Route 375 | West Hurley, NY 12491 |
Rondout Savings Bank | 300 Broadway | Kingston, NY 12401 |
Hyde Park Branch | 4269 Albany Post Road | Hyde Park, NY 12538 |