Savings bank

Forbes ranks Ridgewood Savings Bank among the best in the state for the third year in a row –

Ridgewood Savings Bank is on the Forbes list of Best State Banks for the third year in a row. It also won the title of Top Regional Bank of 2022 by Bankrate.

Forbes America’s Best-in-State Banks 2022 ranking compiles the best banks based on the results of an independent survey of approximately 26,000 US consumers.

“For more than 100 years, Ridgewood has served the people of New York as a true community bank, providing customers with the best possible service and banking experience,” said Leonard Stekol, president and CEO of Ridgewood Savings Bank. . “What sets us apart from other banks is that, quite simply, we treat our customers like family and go the extra mile every day to deliver service and trust. On behalf of everyone at Ridgewood, we are so grateful to our customers for once again recognizing all that we do.

The survey rated banks for their trust, digital services, branch services, financial advice and terms and conditions.

Stekol said Ridgewood Savings Bank is committed to not only meeting but exceeding customer expectations.

“Ridgewood’s reputation has been built on a solid foundation of forward-thinking customer service,” Stekol said. “We aim to provide the ideal in-person banking experience while offering a full range of highly rated digital banking tools that allow customers to bank from anywhere, anytime, and a contact center customer with local staff who are there to help in every way..”

Ridgewood Savings Bank offers a variety of services that make banking easier, including a free and green paperless payment account, foreign exchange and international bank transfer services, a referral source for student loans and much more.

“Small banks are where the rubber meets the road in the US economy,” the Forbes article said. “They embody the purest examples of the fundamental saving and lending functions that form the foundation of financial services.”

Ridgewood Savings Bank celebrated 100 years of service in October with a newly renovated main office. The bank was founded in 1921 and is New York State’s largest savings bank, with $6 billion in assets. Ridgewood has 35 branches in New York as well as Yonkers, Westchester and Long Island. More recently, the bank tripled its customer service capabilities by expanding the Ridgewood call center.

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