What Does Ridgewood Savings Bank Do?

Total employees433
HeadquartersLake Success
Founded1921

Ridgewood Savings Bank, founded in 1921, is the largest mutual savings bank in New York State. It is dedicated to providing a full range of personal and business banking services to communities across New York City, Long Island, and Westchester County. Known for its customer-centric approach, Ridgewood Savings Bank emphasizes 'Multiplying Good' in the communities it serves through financial services, education, and local support. As a mutual institution, it is owned by its depositors and operates with their best interests in mind, focusing on stability, security, and personalized service.

Where Is Ridgewood Savings Bank's Headquarters?

HQ Function

Serves as the central administrative and strategic hub for the bank's operations, overseeing branch management, financial planning, technology, risk management, and corporate strategy.

Notable Features:

Modern office facilities designed for collaboration and efficiency. The bank also maintains a historically significant and architecturally distinctive main office building at 71-02 Forest Avenue in Ridgewood, Queens, which is a designated landmark.

Work Culture:

A professional and customer-focused environment that emphasizes community banking principles, teamwork, integrity, and employee development. The culture is known for valuing long-term relationships with both customers and staff, fostering a sense of stability and mutual respect.

HQ Significance:

The Lake Success headquarters is crucial for coordinating the bank's extensive network of branches across New York City, Long Island, and Westchester, driving its mission to serve local communities. The original Ridgewood Main Office remains a symbol of the bank's deep historical roots and commitment to its founding community.

Values Reflected in HQ: The headquarters' operations reflect the bank's core values of financial prudence, customer commitment, community service, and integrity. The preservation of its historic main office also showcases a respect for heritage and enduring community ties.

Location:

Ridgewood Savings Bank primarily serves communities within New York City (Brooklyn, Queens, Manhattan, The Bronx), Long Island (Nassau and Suffolk counties), and Westchester County. It operates a network of physical branches exclusively within these New York metropolitan areas. While it does not have international branches or a physical global presence, customers can access their accounts and many banking services nationwide through its robust online and mobile banking platforms, as well as extensive ATM networks. The bank's strategic focus remains on providing dedicated financial services and support to its local New York customer base.

Street Address:

1981 Marcus Avenue, Suite C123

City:

Lake Success

State/Province:

New York

Country:

USA

Where Else Does Ridgewood Savings Bank Operate Around the World?

Ridgewood, New York, USA

Address: 71-02 Forest Ave, Ridgewood, NY 11385

Serves as a key banking center for the Ridgewood, Queens community, upholding a long-standing tradition of service and local engagement in the bank's founding neighborhood.

Forest Hills, New York, USA

Address: 107-55 Queens Blvd, Forest Hills, NY 11375

To serve the banking needs of residents and local businesses in the Forest Hills neighborhood of Queens, offering convenient access to financial products and personalized customer service.

Garden City Park, New York, USA

Address: 2489 Jericho Turnpike, Garden City Park, NY 11040

To provide accessible and community-focused banking services to the residents and businesses of Garden City Park and surrounding areas in Nassau County, Long Island.

Buying Intent Signals for Ridgewood Savings Bank

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Ridgewood Savings Bank? Meet the Executive Team

As of April 2025, Ridgewood Savings Bank' leadership includes:

Leonard Stekol - Chairman, President & Chief Executive Officer
Peter M. Boger - Executive Vice President, Chief Operating Officer
Christopher J. O’Connell - Executive Vice President, Chief Financial Officer
Gerard M. Corrigan - Executive Vice President, Chief Lending Officer
Kenneth D. Walter - Executive Vice President, Chief Information Officer
Danielle M. Wenk - Executive Vice President, Chief Risk Officer & General Counsel

Who's Investing in Ridgewood Savings Bank?

Ridgewood Savings Bank has been backed by several prominent investors over the years, including:

As a mutual savings bank, Ridgewood Savings Bank is owned by its depositors, not by stockholders or private investors. This structure means the bank is operated for the benefit of its customers.

What Leadership Changes Has Ridgewood Savings Bank Seen Recently?

Hire0
Exits0

Based on publicly available information, there have been no major executive hires or departures announced by Ridgewood Savings Bank in the past 12 months, indicating stability within the senior leadership team.

What Technology (Tech Stack) Is Used byRidgewood Savings Bank?

Discover the tools Ridgewood Savings Bank uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Ridgewood Savings Bank Email Formats and Examples

Ridgewood Savings Bank commonly uses specific email formats for professional communication with its employees. Understanding these formats can be helpful for legitimate business interactions. The most probable format is [first_initial][last]@ridgewoodbank.com.

[first_initial][last]@ridgewoodbank.com

Format

lstekol@ridgewoodbank.com

Example

75%

Success rate

What's the Latest News About Ridgewood Savings Bank?

ridgewoodbank.com • October 26, 2023

Ridgewood Savings Bank Celebrates Grand Opening of New Levittown Branch

Ridgewood Savings Bank announced the grand opening of its newest branch in Levittown, NY, located at 3025 Hempstead Turnpike. The celebration included a ribbon-cutting ceremony and emphasized the bank's commitment to serving the Levittown community....more

ridgewoodbank.com • June 21, 2023

Ridgewood Savings Bank Recognized by Forbes as One of America’s Best-In-State Banks 2023

Forbes named Ridgewood Savings Bank as one of America’s Best-In-State Banks for 2023. This recognition is based on customer surveys rating banks on overall satisfaction, trust, branch services, digital services, and financial advice....more

New York Real Estate Journal • April 20, 2023

Ridgewood Savings Bank opens new branch at 255 West 23rd St., Manhattan

Ridgewood Savings Bank opened a new full-service branch in Chelsea, Manhattan, located at 255 West 23rd St. This expansion marks the bank's continued growth within New York City....more

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