With the close of 2018 at hand, I reflect on all the positive things we have to be thankful for at Sawyer Savings Bank. And on behalf of everyone here, I want to especially thank all of our customers for putting your trust in us this past year. As a full-service institution, we are proud to serve your financial needs– whether for personal or business products and services.

I’d like to pay tribute to each member of the Sawyer Savings team who provide you, our customer, with a friendly smile and excellent customer service each and every day. Their dedication goes well beyond daily tasks by way of reaching out into our communities through volunteer work during the year. You’ll see them at events such as the Habitat for Humanity Walk in Marlboro, the Rib Fest in New Paltz and the Mustang Bowl in Saugerties. You’ll meet them at events we sponsor, like Sawyer Savings Night for the Saugerties Stallions baseball team, the Town of Lloyd Springfest, our school backpack program in Marlboro, Saugerties and Highland and taking part in many other worthy causes and organizations. Giving back and participating as caring neighbors is part of the culture we encourage and embrace as community bankers.

I’d like to announce two important staff promotions in 2018. Christen Padilla was promoted to an officer position as AVP Finance and IT, and Jordan DePuy earned the title of AVP Lending, a new position which expands his oversight to commercial, as well as residential lending. Both of these individuals have demonstrated their ability as trusted leaders within our organization and well beyond.

With two members of our Senior Management team due to retire at the end of 2020, leadership and the importance of continuity across every aspect of the bank was a primary focus for the Board of Trustees. One is myself, and the other is Cynthia Saporito, our Sr. Vice-President & COO. As result of the carefully considered succession plan approved by the Board, I will step down as President in 2019, when Douglas Sturges takes this important position. Doug, who has been with Sawyer Saving for 20 years is currently our Sr. Vice-President & CFO. He’s earned my trust and support during this time and I am confident in his ability to continue to successfully lead Sawyer Savings Bank into the future. I’ll remain as CEO until my retirement and will work closely with Doug to ensure a smooth transition of the new senior management team, which will include James Whitaker as Executive Vice-President, in January.

I firmly believe that with these changes, Sawyer Savings Bank will steadfastly remain an independent, financially strong community bank for generations to come. Our goal is to continue to meet your financial needs, to earn your trust, and to serve within our Hudson Valley communities. We wish you, your families and your businesses the very best in health and prosperity in 2019!

Gabriel Sottile
President & CEO