President’s Letter

2023 President’s Letter

At United Roosevelt Savings Bank, we appreciate the fact that our customers have entrusted their financial well-being to us, time and time again. Our long-standing relationships with the Carteret community are by no means taken for granted and we are truly grateful for the unwavering trust that has been placed in us since our founding more than 100 years ago. The bond between URSB and Carteret is strong, and our goal is to continue demonstrating our commitment to supporting this thriving local economy well into the future.

As a community bank, one of our top priorities has been to make sure we listen to our customers and provide them with the financial products that will truly make a difference. My staff and I take immense pride in offering a robust, tailored portfolio of services, implemented with the personal “white glove treatment” that sets us apart from other institutions.

A perfect example of the URSB difference is the launch of our BaZing checking account. This innovative offering links you to national discounts and free services through a user-friendly mobile app. Plus, it gives local businesses the opportunity to participate in the program and expand their customer base.

We also recognize the importance of modern banking conveniences, and have launched a new state-of-the-art website,, with a comprehensive set of online banking tools, including the ability to open a new account. We’ve also undertaken significant steps to enhance banking security.

Fostering growth and improvement in Carteret is very important to us. Over the last few years, URSB has helped generate more than $1.25 million through grants and donations for charitable causes and community development programs.

We remain steadfast in our mission to provide personal, professional, and purposeful banking, while striving to make URSB the local bank of choice for Carteret and the region we call “home.”

As always, my “door is open,” and I look forward to hearing from our community as we continue to deliver on our promise to be a trusted financial partner and enable our clients to achieve their financial goals.


Kenneth R. Totten

Chairman, President & CEO