Putnam Savings Bank opens first Rockland branch in New City
BY KATHY KAHN
Putnam County Savings Bank welcomed its board members of Rocklandโs business community at its ribbon cutting in its newest branch on Monday, November 18 โits first in the county.
โThis is our 10th branch,โ said Robert Farrier, senior vice president and branch administrator. โWe have three branches in Putnam, three in Dutchess and three in Westchester. It made sense for us to expand our community platform in a growing marketplace and make the bankโs debut in the county seat.โ
Putnam County Savings Bank was established in Brewster in 1871 and is a full service bank, serving both residential and commercial customers. With more than $900 million in assets, the mutual bank is focused on staying local.
โWe like being part of a community and having local decision makers to work with our customers,โ said Farrier. No doubt more of Putnam County Savings Bankโs logo will be sprouting up in the future as Rockland continues to grow its commercial cachet, bouncing back from the throes of the Great Recession.
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