Ulster Savings Bank Announces Promotion

KINGSTON – Ulster Savings Bank recently announced the promotion of Carlos Santiago to Vice President, Commercial Credit at the bank’s Kingston headquarters.

In his new role, Mr. Santiago will be responsible for credit approvals, loan applications, and loan closing processes of the bank’s commercial lending business. He will also manage commercial loan portfolio functions such as annual reviews and credit monitoring.

A Newburgh resident for the past 25 years, Mr. Santiago holds a BA from Cornell University. He is also a Chartered Financial Analyst.

“Carlos has consistently demonstrated exceptional dedication, leadership, and expertise, making him an invaluable asset to our Credit Administration department,” said Bill Calderara, President and CEO of Ulster Savings Bank.

Mr. Santiago joined the bank in 2023.

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