Maspeth Federal Savings: A Bank with a Big Heart and a Mission to Give Back

Since 1947, Maspeth Federal Savings has played a vital role in keeping Queens vibrant through community events and employee volunteerism, local and personalized banking, and smart lending practices that have helped customers and small businesses meet their financial goals. Unlike other financial institutions who bombard you with fees, Maspeth Federal focuses on the customer & their needs.

Led by President & CEO, Thomas Rudzewick, Maspeth Federal makes it their mission to continue to pilot the Rudzewick legacy at MFS – a legacy of devotion and diligence.

“We do this because we live in the communities we serve – we are your neighbors, associates, customers and friends. We believe that by giving back we’re helping our communities remain healthy and strong,” said Tom Rudzewick, President and CEO of Maspeth Federal.

Maspeth Federal knows their customers by name and – for many – have been there for all their financial milestones.  From first savings accounts or dream home purchases to saving for retirement – they were there and can be there for YOU too!

From its Young Savers program; which educates young children on the importance of saving through School Banking Days and class trips to the Bank to participation in the American Banker Association’s Teach Children to Save program, the Bank is committed to partnering with local schools to enrich the education of our youth. Since all kids love to have FUN, the Bank also hosts a variety of FREE events including a free carnival, named “Smile on Maspeth Day”, in their Maspeth branch parking lot every fall.

This year, they are also sponsoring a local youth basketball league called “Heroes”, consisting of kids ranging from 8-17 that play at local parks during the spring & summer.

The Bank also supports many local charities and organizations including being the main sponsor of the Maspeth Memorial Day Parade for over 30 years and the American Cancer Society’s Relay for Life in Middle Village since its inception. Community sponsorship doesn’t end there; the Bank also hosts FREE summer concerts and movie nights to bring the community together in a fun way!

Maspeth Federal is also invested in helping local small businesses grow through convenient products and services and small business loans. They take it one step further through their involvement in local civic organizations. For example, Senior Vice President & COO, David Daraio is President of the Maspeth Chamber of Commerce and helps to guide and support economic development and small business growth!   “We’re not a faceless bank; we focus on the customer, and we do it well. We care about your financial future, “said Daraio. “It’s important for businesses to recognize that they’re an important piece of the community. They’re the strength of our communities, and we take pride in investing in them,” said Daraio, who grew up in Maspeth, and has been with MFS for nearly 25 years.

“Martin Luther School in Maspeth has been banking with Maspeth Federal for decades,” says Randal Gast, the Executive Director of Martin Luther School. “I need someone I can talk to who can understand the dynamics of our small business. With a big bank, you just disappear into an account number, but that isn’t the case with Maspeth” said Gast. The Bank is very focused on providing personal service and values the partnership they have built with many local schools including Martin Luther.

When asked how MFS has time to be involved in so many community events, Marketing Director, Christina Zanca replied, “It’s in the DNA of Maspeth Federal. Giving back and bringing the community together is a commitment that dates back to our founders.,” said Zanca.

With the amount of community investment and involvement that Maspeth Federal engages in, it’s safe to say that they are raising the bar for financial institutions everywhere. MFS is investing in you. Are you investing in them?

For more information on the Bank or how your school can partner with them, visit their website or Facebook page.

Leave a Reply

Your email address will not be published. Required fields are marked *