KINGSTON – Ulster Savings Bank has announced that John Klassen has joined them as Vice President – Commercial Lending.
Mr. Klassen, a Saugerties resident, will be headquartered at the bank’s 180 Schwenk Drive, Kingston location, and will service the commercial lending needs of customers throughout Ulster, Greene, Columbia, and Northern Dutchess Counties. Before joining Ulster Savings Bank, John served as Chief Financial Officer for New York Drilling Services, Inc. In addition, he has over 20 years of commercial banking experience that includes tailoring solutions for intergenerational family businesses in construction, distribution, and manufacturing.
“We’re excited to have John join our Commercial Lending team,” said Bill Calderara, President and CEO of Ulster Savings Bank. “His lending experience will help the bank develop and expand our benefits to businesses throughout our communities, including Greene and Columbia Counties.”
An active member of his community, John serves as a volunteer for the Columbia Memorial Hospital Foundation. He has also been a past volunteer for the Benedictine Health Foundation. A 1987 graduate of the Virginia Military Institute with a BA in Economics, he served as an officer in the US Army for five years.
Headquartered in Kingston, New York, Ulster Savings Bank is a Mutual Savings Bank with assets of $1.041 billion. The bank has 14 branches located in Kingston, Lake Katrine, Gardiner, New Paltz, Newburgh, Phoenicia, Poughkeepsie, Red Hook, Saugerties, Stone Ridge, Wappingers Falls, and Woodstock. Additional mortgage lending offices are located in Orange, Dutchess, and Westchester counties.