Savings bank

Old clock, new services at Walden Savings Bank turns 150

MONTGOMERY, NY (April 28, 2022) – Walden Savings Bank celebrated 150 years of community service and ushered in the next era of digital banking. On April 25, a host of community leaders, elected officials, and members of the business community and banking executives were on hand for the unveiling of Walden Savings Bank’s restored chiming clock. The iconic clock has been restored to its former glory to commemorate the bank’s 150th anniversary. The chime of the clock at the Bank Street location was a sentimental moment; he remained silent for nearly 30 years.

The Walden firefighter monument, currently outside the Josephine Louise Public Library, originally stood in front of the bank until it was replaced by the carillon in 1925. one of the slogans of the bank in the early years. The chime clock was modernized in 1962 and then restored to the historic look that endures today. The long-silent clock was reactivated for the anniversary and will continue to be a downtown landmark.

Subsequently, on Tuesday, April 26, Walden Savings Bank kicked off the digital transformation of the Scott’s Corners Headquarters Branch at a formal ribbon-cutting ceremony in partnership with the Orange County Chamber of Commerce.

“While we look back fondly and with our gracious thanks to our community, we also continually look to the future,” said President and CEO Derrik Wynkoop. “As our digital transformation demonstrates, we will continue to invest in the future and ensure that the personalized service and experience of our customers is exceptional every day.”

Guests at the blender and the bank’s 150th anniversary ribbon-cutting ceremony were treated to free food, gifts and drinks, with representatives from Angry Orchard and Whitecliff Vineyard & Winery on hand.

Attendees also got a first-hand look at the newly transformed branch of Scott’s Corners Headquarters, which features many innovations, including:

A digital discovery center to help customers perform banking tasks efficiently and learn about and access the latest banking technology from Walden Savings Bank.

An immersive augmented reality experience to learn more about the bank’s products and services via mobile devices – an industry innovation and a first in the region.

Digital screens throughout the branch highlight banking products and services, financial education tips, community events, and Walden Savings Bank news and information.

The addition of the “WSB Café”, a self-service coffee bar for customers and guests.

A state-of-the-art ATM offering the ability to handle check and bulk cash deposits for individuals and businesses.

Redesigned teller modules for a more engaging experience between customers and Walden Savings Bank team members.

A high-tech conference room with video conferencing capabilities for client meetings.

Branch visitors are greeted by a “digital banking specialist” who provides customers with concierge access to Walden Savings Bank’s digital banking solutions.

Construction of the redesigned branch was carried out by the Storm King Group of Montgomery, NY. The interior of the new branch features several murals depicting local landmarks, including Winding Hills Park, the Orange County Arboretum, the Montgomery Water Tower, and the Conservation Advisory Council (CAC) Community Gardens. ) at Benedict Farm Park.

To mark the special occasion of the grand opening, the Friends of the Orange County Arboretum and the Montgomery Fire Department were on hand and received donations of $500 to each of their organizations. Walden Savings Bank plans to celebrate its 150th anniversary in business with additional events throughout the year.

Heather Bell-Meyer, president and CEO of the Orange County Chamber of Commerce, praised Walden Savings Bank. “The Orange County Chamber of Commerce is a proud customer of Walden Savings Bank,” she said. “I am pleased to announce that the Chamber of Commerce and Walden Savings Bank will be co-sponsoring the new ‘Orange County Chamber of Commerce Small Business Spotlight,’ hosted by WALL Radio. This new membership program will feature small businesses throughout Orange County.

Walden Savings Bank, established in 1872, is rated 5 stars by Bauer Financial, a respected analyst of financial institutions. To learn more about the Bank and its products and services, visit their website at

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