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Dividends to the Community

Rondout Savings Bank (Honorable Mention) - Kingston, New York

2021 Community Commitment Awards Submission

  • Entry Category: Volunteerism
  • Asset Size: Small

Rondout Savings Bank has been a member of our community for over 150 years. Our Board of Trustees, Executive Team, staff and their families live in the communities we serve. We are truly committed to our community and all of our decisions are made with the community in mind. We work every day to earn the business of individuals and organizations in our community, in turn, we return a significant portion of our profits backing into the community. Thinking in banking terms, we call it our "Dividends to the Community Program." The Dividends to the Community Program highlights are 10% of our earnings going to local nonprofits every year, eight hours of paid volunteer time off for each employee, guidance for nonprofits including education, Human Resource assistance, and training.