August 20, 2017 10:37 AM ET


Company Overview of Ulster Savings Bank

Company Overview

Ulster Savings Bank provides personal and business banking products and services in the Hudson Valley. Its personal banking products and services include checking accounts, certificates of deposit, debit cards, health savings accounts, money market accounts, and statement savings accounts. The company’s business banking products and services comprise business checking accounts and debit cards; merchant and cash management, payroll processing, investment, and remote deposit capture services; commercial loans, such as business installment loans, line of credit, and commercial mortgages; and business insurance products in the areas of general and professional liability, property, commercial aut...

180 Schwenk Drive

Kingston, NY 12401

United States

Founded in 1851





Key Executives for Ulster Savings Bank

Chief Executive Officer and President
Age: 56
Chief Financial Officer and Executive Vice President
Age: 65
Chief Operating Officer and Executive Vice President
Chief Lending Officer and Executive Vice President
Senior Vice President
Compensation as of Fiscal Year 2017.

Ulster Savings Bank Key Developments

Ulster Savings Bank Announces Addition of Michelle F. Rider to its Board of Trustees

Ulster Savings Bank announce the addition of Michelle F. Rider, CPA, Esq. to its Board of Trustees. 'Michelle brings a wealth of accounting and legal knowledge with her to this new role,' noted Hadi Salavitabar, the bank's board chairman.

Ulster Savings Bank Appoints Mark C. Foley as Executive Vice President and Chief Credit Policy Officer

Ulster Savings Bank recently named Mark C. Foley as Executive Vice President and Chief Credit Policy Officer at their Kingston headquarters. As part of his position with the Bank, Mr. Foley will oversee its Commercial Lending and Credit departments. He previously served as President, Southern division of OceanFirst Bank in Toms River, NJ and as Chief Credit Policy Officer & Executive Vice President at Naugatuck Valley Savings & Loan in Naugatuck, CT.

Ulster Savings Bank Announces Appointment of Hadi Salavitabar as New Chairman

The Board of Trustees of Ulster Savings Bank announced the appointment of Dr. Hadi Salavitabar as its new Chairman. Dr. Salavitabar, who has held numerous leadership roles and participated in several committees during his nearly 12 years as a Bank trustee, serves as the Executive in Residence at the University At Albany - State University of New York. From July 2013 to September 2015, Dr. Salavitabar served as the Provost and Vice President for Academic Affairs at The College of Saint Rose in Albany, NY.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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