Sawyer Savings Bank has been monitoring very closely the situation unfolding with Silicon Valley Bank (SVB) and Signature Bank.

Our operations are distinctly different than SVB and Signature Bank, making our financial health more resistant to volatility. We are a community bank with a capital position double the amount required by financial regulators.  Sawyer Savings manages its finances and risk in a more traditional and conservative manner keeping your deposits safe.

Further, Sawyer Savings is and has been in excellent standing with our regulators and the Federal Deposit Insurance Corporation (FDIC), which insures customer deposits up to $250,000 (depending on your account titling structure, you may be covered above this limit).  Sawyer Savings has been operating in the Hudson Valley since 1871 and is in a strong financial position to continue serving our customers long into the future. Please contact us at 888-772-1871 if you have any questions concerning the insurance coverage of your accounts.

A True Community Bank Since 1871

At Sawyer Savings Bank being local means we can make life easier and more convenient for you, our customers. For 150 years we’ve worked with neighbors like you to understand your lives and financial needs. We’re nimble, responsive, caring and we take the time to give the financial services you deserve. It’s our local staff who transform ordinary transactions into a successful deposit experience, mortgage for a home, or a small business loan, all leading to better and stronger communities.

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Sawyer Savings. 150 Years. 1871-2021.

Community

Since 1871 Sawyer Savings Bank is, and has always been, a community bank. It’s why we continue to support all the communities we serve. From backpack programs and scholarships for students, to supporting first responders and food banks, to direct sponsorships and underwriting for local institutions and organizations, we truly are in business to help our communities thrive.

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News

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CEO’s Message

Dear Valued Sawyer Savings Bank Customers, Sawyer Savings Bank has been monitoring very closely the situation unfolding with Silicon Valley Bank (SVB) and Signature Bank. Our operations are distinctly different than SVB and Signature Bank, making our financial health more resistant to volatility. We are a community bank with a capital position double the amount […]

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Nicole Lowrey Promoted to Lending Supervisor at Sawyer Savings Bank

Sawyer Savings Bank is pleased to announce the promotion of Nicole Lowrey to Lending Supervisor. Lowrey will be responsible for supervising staff and overseeing daily operations for residential loan origination and loan servicing through all Sawyer’s delivery channels. Beginning her banking career with Sawyer Savings in 2013 as a teller in the Saugerties branch, Nicole held […]

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Jennifer Alnwick Joins Sawyer Savings Bank as Vice President, Commercial Lending

Sawyer Savings Bank is pleased to announce the addition of Jennifer Alnwick as Vice President, Commercial Lending, at Sawyer Savings Bank, serving the Northern Ulster, Greene and Columbia Counties of New York. Jennifer joins Sawyer Savings with over 25 years of experience in business banking and commercial lending. In her new role, Jennifer will be […]

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