Walden Savings Bank commemorates 150th anniversary

Posted 5/4/22

Walden Savings Bank last week celebrated 150 years with two significant events that honored its history and its legacy of community-first services, and introduced the next era of digital banking.

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Walden Savings Bank commemorates 150th anniversary

Posted

Walden Savings Bank last week celebrated 150 years with two significant events that honored its history and its legacy of community-first services, and introduced the next era of digital banking.

On Monday, April 25, an impressive crowd made up of community leaders, elected officials, members of the business community and bank leadership were on hand for the unveiling of Walden Savings Bank’s restored chime clock.

The Walden Fireman’s Monument currently outside of the Josephine-Louise Public Library was originally in front of the bank until replaced with the Chime Clock in 1925.

Walden Savings Bank was commonly associated as the “bank with the chime clock,” which later was adopted as one of the bank’s slogans and became a regular feature in advertising during the earlier years. The Chime Clock was modernized in 1962 and was later restored to the historic look that lives on today. The clock, long silent, was reactivated for the anniversary and will continue to be a downtown landmark.

Subsequently, on Tuesday, April 26, Walden Savings Bank debuted the digital transformation of the Scott’s Corners headquarters branch at an official ribbon-cutting celebration in partnership with the Orange County Chamber of Commerce. “Our milestone 150th anniversary is entirely about our service to our community, our customers and the mutual trust and respect that have been the foundation of all we do,” said President and CEO Derrik Wynkoop.

“While we look back fondly, and with gracious thanks to our community, we also continuously look ahead to new and exciting ways to serve our customers. As our digital transformation demonstrates, we will continue to invest in the future and ensure our customers’ personalized service and experience are exceptional every day.”

Attendees also were provided with a firsthand look at the newly transformed Scott’s Corners Headquarters Branch, which features numerous innovations including:

• A Digital Discovery Center to help customers efficiently conduct banking tasks and to learn about and access Walden Savings Bank’s latest banking technology.

• An immersive Augmented Reality experience to learn about the bank’s products and services through mobile devices – an industry innovation and first in the region.

• Digital displays throughout the branch that highlight bank products, services, financial education tips, community events and Walden Savings Bank news and information.

• The addition of the “WSB Café,” a self-service coffee bar for customers and guests.

• A state-of-the-art ATM offering the capability to handle bulk check and cash deposits for personal and business customers.

• Redesigned teller pods for a more engaging experience between customers and Walden Savings Bank team members.

• A high-tech Conference Room with video-conferencing capabilities for customer meetings.