Bank partners with local Chamber of Commerce organizations to bring nationwide movement to local communities
MONTGOMERY, N.Y. (December 2, 2016) – On Saturday, November 26, Walden Savings Bank teamed up with the Blooming Grove/Washingtonville Chamber of Commerce and the Pine Bush Area Chamber of Commerce to support Small Business Saturday®. Small Business Saturday® is celebrated by communities across the nation; the initiative was established in an effort to inspire consumers to show support to small business owners by shopping or dining at locally-owned businesses.
“As a community bank, we recognize the importance of the ‘shop small’ movement” said Walden Savings Bank President & CEO, Derrik R. Wynkoop. “As local consumers, you are essential in helping locally-owned businesses and the community thrive.”
Beyond stimulating community businesses, shopping small on November 26 offered exciting perks:
• Pine Bush – Those who shopped at participating stores on Small Business Saturday were entered in a drawing to win one of nine $25 gift cards. Additionally, shoppers who stopped by a Welcome Station received complimentary shopping bags and other promotional items.
• Washingtonville – Shoppers who visited a Welcome Station were entered in a drawing to win a Kindle Fire HD, courtesy of Walden Savings Bank and the Blooming Grove/Washingtonville Chamber of Commerce. Complimentary gifts were also distributed in celebration of Small Business Saturday.
As a result of the initiative, local businesses experienced a rise in both sales and foot traffic. This year, according to results from the Small Business Saturday Consumer Insights Survey released by the National Federation of Independent Business and American Express, an estimated 112 million consumers reported shopping at small businesses on Small Business Saturday®, a 13 percent increase from 2015.
“We hope that community members will consider shopping small throughout the entire year,” said Walden Savings Bank Washingtonville Branch Manager, Martha Barrera. “Local shops are a great place to find unique gifts for the holidays while simultaneously fueling the local economy.”
Walden Savings Bank Washingtonville Branch Manager, Martha Barrera, welcomed Washingtonville shoppers on Small Business Saturday®.
About Walden Savings Bank
Walden Savings Bank, established in 1872, is a federal chartered mutual savings bank headquartered in Montgomery, New York. With a total of 11 full-service branches serving Orange and Ulster Counties, the Bank’s progressive style of community banking provides products that cater to both the individual and the growing mid-size business. In addition, Walden Investment Services, located at Walden Savings Bank, offers personalized advice for financial planning. To learn more about the Bank and its products and services, visit their website at www.waldensavingsbank.com