What's Happening at Sawyer.

Sawyer Savings Bank Promotes Jacqueline Sloane to Saugerties Branch Manager

Sawyer Savings Bank is pleased to announce the promotion of Jacqueline Sloane to Branch Manager of the Saugerties Branch location. Jacqueline joined our team in 2017 as a bank teller and has successfully assumed roles with increased responsibilities over the last 7 years. As Branch Manager, Ms. Sloane will be focused on fostering new relationships […]

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Amy Ferraro Promoted to AVP Regional Customer Relationship Manager

Sawyer Savings Bank Promotes AVP Branch Manager Amy Ferraro to AVP Regional Customer Relationship Manager Sawyer Savings Bank is excited to announce that Amy Ferraro has been promoted to Assistant Vice President, Regional Customer Relationship Manager. Amy was previously the A.V.P. Branch Manager of Saugerties with oversight of the New Paltz branch. Ferraro, who has […]

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Sawyer Savings Bank Welcomes Jennifer Musci as Loan Originator

Sawyer Savings Bank is pleased to announce that Jennifer Musci has joined their team as a residential and commercial loan originator. With over 20 years of banking experience in the Hudson Valley, Ms. Musci understands the needs and the desires of the borrower. With her consistent focus on customer service, Jennifer will be able to […]

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Sawyer Savings Bank Welcomes New Branch Manager to Marlboro

Sawyer Savings Bank is pleased to announce that Penny Wilson has joined the Bank as Branch Manager at its Marlboro location. Ms. Wison brings over 20 years of experience in the banking experience to the position. As Branch Manager, she will be responsible for overseeing all aspects of the day-to-day operations, business development, and community […]

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Message from the President: Employee Retention Credit (ERC) Scams are on the rise.

Recently, the number of scams has increased involving the Employee Retention Credit (ERC), a refundable tax credit for some businesses and tax-exempt organizations that were affected during the COVID-19 pandemic. Scammers are using the publicly available information of Paycheck Protection Program (PPP) loan applicants to contact by them by phone, letter, email, and texts offering […]

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Steps to Home Ownership- #12: Close on Your New Home!

Congratulations, all your hard work has paid off!  The closing is a huge milestone in purchasing your home and if all the documentation has been completed correctly, the closing should almost be a formality.  You should expect the closing to take 1-1.5 hours. The people that may be present at the closing are: Buyers with […]

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Steps to Home Ownership- #11: Homeowner’s Insurance

Homeowner’s Insurance is one of the last, and sometimes overlooked, conditions you’ll have to satisfy for your mortgage. Homeowner’s Insurance is a policy that typically covers losses to one’s home, its contents, and personal property as well as liability insurance for accidents that may occur at the home. Contact your insurance agent  to open a […]

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Steps to Home Ownership- #10: Sawyer Savings Orders Third Party Services

When you apply for your mortgage Sawyer Savings will order certain services to complete the process. First, Sawyer Savings gives your loan package to a Sawyer Savings processor. They may request additional information from you if needed and will also supply you with certain disclosures required by law. The processor will request an appraisal, which […]

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Steps to Home Ownership- #8: Sign Contract and Down Payment

Once your attorney receives the contract of sale and inspection report, you will be contacted to discuss them. Your attorney should advise you if there is anything of concern in either the contract or the inspection report that needs further discussion with the seller and seller’s attorney. If any issues arise from the inspection you […]

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