URSB is a mutual bank. And here’s why that matters.
Does it really make a difference where you do your banking? You care about where you get your clothes and where your food comes from. Shouldn’t you feel good about your bank, too? To know that your money is making a difference right here in Carteret, rather than lining the pocket of some board member a thousand miles away?
At United Roosevelt Savings Bank, we’ve been community-owned since 1914. That means no shareholders, no Wall Street investors—just a bank that’s owned by the people who bank with us. When you deposit with URSB, you become more than a customer; you become a member-owner of a financial institution built to serve Carteret.
What does this mean for you?
- Better rates and fewer fees: Without shareholders demanding dividends, we can offer more competitive rates and lower fees
- Local decision-making: Your loan applications are reviewed by people who understand Carteret, not algorithms in a distant headquarters
- Community reinvestment: Profits stay local to support neighborhood initiatives, local businesses, and community development
- Personalized service: We know our customers by name because we’re your neighbors, not just your bankers
Yes, we’ve got checking, savings, lending, digital banking… all the products and services you could ever need, all at competitive rates. But when you put your trust in URSB, you get something even more valuable in return: A promise to make a real impact on us all. On our future.
Banking that builds Carteret, New Jersey
Since 1914, we’ve been investing in the places where you live, work, and play. From sponsoring local events to financing local businesses to helping families achieve homeownership, URSB reinvests in the community we all call home.
Here, your money matters. It’s what drives Mutuals like us. It’s why we exist. To serve the best interest of our community. Your community.
It’s a connection with a purpose. Together, we’re a part of something bigger. Something that’ll be around for generations to come. Something we can all believe in.
Because Mutuals matter. URSB matters. Carteret matters.
