Walden Savings Bank celebrates 150 years in business

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MONTGOMERY – Walden Savings Bank is celebrating its 150th anniversary.  

The bank’s newly elected Chairman of the Board, Marty Sassi, along with President and CEO Derrek Wynkoop, emphasized that the celebration is not of themselves, but rather the community and staff that has supported the institution through the years.

“We looked at our history yesterday. Today we look at our future and the future of branch banking. ” John Corolla, who coordinated both the Montgomery branch’s new physical and digital upgrades over a nine-month period, noted that Walden Savings Bank had one office for 101 years, and now has 11 plus their main office in Walden.

The techno upgrades, Corolla said, are the first of its kind in our region and sports  a kind of virtual “augmented reality” of branch banking that not only upgrades the technical process but creates a new kind of community connection with its customers, offering things like walking them through creating a budget,  and even slips in a little “fun” for the user with special coins to collect and Scratch-Offs that offer a daily prize.  

Staff is available to help any hesitant users of the online interactive.

Orange County Chamber of Commerce’s President, Heather Bell-Mayer, joined the bank team to cut a bright orange ribbon for the ceremony.