News
Community Foundations of the Hudson Valley Launches Pilot Bridge Loan Initiative to Strengthen Regional Nonprofits
The Community Foundations of the Hudson Valley (CFHV) today announced the launch of the Local Impact Fund for Tomorrow (LIFT). LIFT, a new local impact platform, is designed to strengthen the region’s nonprofit and community development ecosystem, beginning with a pilot low-interest bridge loan initiative serving nonprofits in Dutchess, Ulster and Putnam Counties.The LIFT bridge loan pilot is designed to address structural challenges by providing short-term, affordable loans tied to documented grants or
ULSTER SAVINGS BANK ANNOUNCES BRANCH MANAGER PROMOTIONS
(Kingston, NY) Ulster Savings Bank is pleased to announce promotions of three long-standing branch managers: Melissa Carlile, Kathy DeLano, and Briana Purdy. Melissa Carlile has been promoted to Branch Manager/Banking Officer at the bank’s Stone Ridge location. Ms. Carlile’s responsibilities include oversight of all day-to-day branch operations, providing support, guidance, and training to branch staff, as well as achieving the branch’s business development goals throughout the surrounding areas. A
ULSTER SAVINGS BANK ANNOUNCES EMPLOYEE PROMOTIONS
(Kingston, NY) Ulster Savings Bank is pleased to announce the promotions of two team members: Rocco J. Pucino III and Jo Dunn. Each of them has been recognized for their outstanding achievements. Rocco J. Pucino IIIhas been promoted to First Vice President/Retail Banking Officer at the bank’s Kingston headquarters. In Mr. Pucino’s new role, he will be responsible for overseeing and directing the retail banking area by providing guidance and support to the bank’s 15 branch locations. A Newburgh, NY
New Chairman Announced for Ulster Savings Bank Board of Trustees
(Kingston, NY) The Board of Trustees of Ulster Savings Bank is pleased to announce the appointment of Joe Ely as its new chairman beginning in 2026. Mr. Ely, who has chaired the Risk committee, the Audit committee, and served as a former chair of the Ulster Savings Charitable Foundation during his 14 years as a bank trustee, recently retired after serving in numerous engineering, program management, and executive roles in a wide range of other intensive technology businesses. He earned a Bachelor of
