Walden Savings Bank
Walden Savings Bank
2108 Route 302
Circleville, NY 10919
Phone: (845) 361-2525
Fax: (845) 361-2526

Established in 1872, Walden Savings Bank is a federal chartered mutual savings bank headquartered in Montgomery, New York. Effective August 15, 2002, the Bank opened its new Corporate Headquarters office, located at Crossroads Corporate Park, at the intersection of Route 17K and Route 208 in the Town of Montgomery. All administrative functions have been consolidated, along with a full service branch office.

In addition to its headquarters, the bank maintains ten full service branches in southeastern New York (Walden, Washingtonville, Montgomery, Cornwall-on-Hudson, Pine Bush, New Windsor, Gardiner, Scotts Corners, Circleville and Middlehope). With the exception of the Gardiner branch, which is located in Ulster County, all of the banks branches are located in Orange County. For lending purposes, the Bank's primary market area covers Orange County, and extends into parts of Ulster and Sullivan Counties, which are adjacent.

Walden Savings Bank is a member of the Federal Home Loan Bank (FHLB) system, and its deposits are insured up to the regulatory maximums by the Bank Insurance Fund (BIF) of the Federal Deposit Insurance Corporation. As of September 30, 2009, Walden Savings Bank had $360,856,708 in assets, $324,061,616 in deposits and total equity of $29.8 million or 8.26% of total assets. Walden Savings Bank is a community-oriented thrift, with a primary strategic objective of meeting the borrowing and deposit needs of its local customer base. Historically, the bank's operating strategy has been reflective of a traditional thrift in which 1-4 family residential mortgage loans and retail deposits constitute the principal components of the Bank's assets and liabilities, respectively. Lending diversification by the Bank includes construction, multi-family, vacant land, commercial real estate, consumer loans and commercial business loans.

Active management coupled with progressive thinking, ensures that the Bank's customers can avail themselves of the latest technology, products, and services.

Mortgages

Walden Savings Bank offers a comprehensive menu of mortgage products to meet the needs of every borrower. We service our own loans, and decisions are made right here. Our mortgage consultants are always available to help you decide which of our mortgage options is right for you. What can we do for you?

© 2003 - 2009 Walden Savings Bank.
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