President's Letter Fall 2017

Kenneth R. Totten

Since joining the Carteret community in 2015 as President and CEO of Carteret’s only hometown based bank, I promised to deliver a modernized financial institution while maintaining our 100-year reputation for personalized service and a strong commitment to our community.

We’ve taken these steps because we want you to know we’re here for all your banking needs.

Additionally, no other bank is as passionate about Carteret and Port Reading as United Roosevelt. We have committed $50 million to home lending for our communities, plus an additional $5 million allocated toward affordable housing. You may have seen us at numerous community events such as Ethnic Day and other exciting happenings around town.

As enticing as our products and rates may be, we also understand how difficult and confusing it can be to switch banks. To make this process as easy as possible, I am introducing a “Gold Glove Service” at our Cooke Avenue branch. There is a branch officer standing by to personally walk you through the process and fill out any necessary forms. For those do-it-yourselfers, we have also added an online switch kit to our website,

I invite you to call me directly at (732) 541-5445 extension 209. Mention “I’m thinking of switching” and I’ll have a special gift for you. No obligation, no pressure – just a community bank that cares about the hard-working people of Carteret and the surrounding area.


Kenneth R. Totten



About Us/Our History

Since 1914, United Roosevelt Savings Bank has been serving the banking needs of Carteret and the surrounding communities. We’ve helped finance so many of the homes in this area, that we’ve been able to truly help build these neighborhoods. Our leadership continues to represent a truly talented team of banking industry professionals and our approach focuses on tried-and-true growth. We are a bank dedicated to our customers, their goals, and their best interests. Our daily work is centered on improving our processes, providing powerful financial tools, and helping our customers pursue their dreams while remaining financially secure. We are invested in the success of our customers’ families, goals, and ambitions.

Our Mission

At United Roosevelt Savings Bank, we believe banking should be personal, professional, and purposeful. Our mission is to financially enable the members of the communities we serve to reach their goals. Our doors are always open and we encourage the members of the community to sit down and discuss their hopes, dreams, and goals with our representatives.

Executive Management

Kenneth R. Totten

President & CEO
732-541-5445 Ext. 209
NMLS No. 405592

William Pawlo

CFO & Chief Risk Officer
732-541-5445 Ext. 204
NMLS No. 1537347

Paul Bruno

Vice President & Controller
732-541-5445 Ext. 205

Cam L. Walther

Vice President – Lending
732-541-5445 Ext. 207
NMLS No. 408319

Bonnie Petz, CBAP

BSA Officer, Corporate Secretary, & Human Resources Director
732-541-5445 Ext. 213

Board of Directors                         

Michael Kepich , Chairman

Patrick J DeBlasio

John Kwasnik

Theresa Serluco

Kenneth R. Totten

Garry G. Yee