Ridgewood Savings Bank

Company type	Mutual savings bank
Industry	Financial services
Founded	Ridgewood, New York June 18, 1921 (1921-06-18)
Headquarters	Ridgewood, New York , United States
Area served	New York metropolitan area
Key people	Leonard Stekol, Chairman and CEO
Net income	$13 million [1]
Total assets	$6.8 billion [2]
Number of employees	580 [1]
Website	ridgewoodbank.com

Ridgewood Savings Bank is the largest mutual savings bank in New York State and was founded in 1921. ^[2] It operates 36 branches across New York City's five boroughs, Long Island and Westchester County.

History

The bank was chartered as Savings Bank of Ridgewood on June 18, 1921. It began when 14 local businessmen in Ridgewood, Queens decided to form a mutual savings bank to serve the needs of the community. The Bank's first headquarters was a converted Taproom located at the intersection of Myrtle and Forest Avenues. ^[2] In 1929, the cornerstone was laid for a new headquarters at the same site and the name was changed from Savings Bank of Ridgewood to Ridgewood Savings Bank. The building architects were Halsey, McCormack and Helmer, Inc. and the general contractors were Stamarith Construction Corporation. ^[3] In 1940, the bank opened its first branch office, in Forest Hills, Queens. The building is located at the intersection of Queens Boulevard and 108th Street, and was designated a New York City Landmark in 2000 by the New York City Landmarks Preservation Commission. In 2007, City and Suburban Bank joined Ridgewood Savings, increasing the number of branches by 12. ^[4]

List of presidents

This list is incomplete; you can help by adding missing items. (February 2013)

• Rudolph Stutzmann, 1921–1946^{[ citation needed]}
• Herman Ringe, 1946–1948^{[ citation needed]}
• Walter J. Hess, 1948–1971 ^[5]
• William A. McKenna Jr., 1992–2003^{[ citation needed]}
• William C. McGarry, 2004–2012 ^[6]
• Peter M. Boger, 2012–2018 ^[7]
• Leonard Stekol, 2018–present ^[8]

References

External links

• Official Site