Hudson Valley Bank Continues its Connecticut Expansion With Opening of Fairfield Branch

YONKERS, N.Y., Dec. 8 /PRNewswire/ -- James J. Landy, President & CEO of Hudson Valley Bank, has announced the opening of a new full-service branch office in Fairfield, CT located at 2000 Post Road. With existing branch offices in Stamford, Westport, and Greenwich, CT, Hudson Valley now operates four branch offices in the state and has plans to open additional branches in lower Connecticut next year.

"We see great opportunity in Connecticut as local businesses have already embraced the bank's philosophy of offering specialized business banking expertise combined with outstanding service," explained Mr. Landy. "The opening of the Fairfield office, despite the current economic environment, is a testament of the bank's strength and its commitment to the state and its local communities." Mr. Landy noted, referencing the safety and soundness of the institution as it continues to maintain the FDIC's highest regulatory classification for capital position.

Mark Gruttadauria, a 15-year Fairfield County resident and seasoned banker with over 20 years of experience serving the Fairfield County market, is the Manager of the new office for Hudson Valley. "I am very excited about the great customer service team that we have assembled," says Mr. Gruttadauria. "We are committed to the community and bringing Hudson Valley Bank's high level of customer service to Fairfield's businesses, not-for-profit organizations and individuals." Mr. Gruttadauria has joined the bank's existing Connecticut team which includes senior bankers and Connecticut residents, James W. Wood, Senior Vice President; Virginia Turnbull, First Vice President; and John J. Troy, Vice President.

The Fairfield Branch will focus on serving the deposit and lending needs of local attorneys and law firms, real estate developers and property managers, and not-for-profit organizations, as well as other local businesses, professional service firms and individuals. The branch is open Monday through Friday from 8:30AM to 4:30PM.

For additional information please call Mark Gruttadauria, Branch Manager, at (203)274-8480.

Hudson Valley Bank (HVB) has $2.4 billion in assets and serves the metropolitan area with 30 branches located in Westchester, Rockland, the Bronx, Manhattan, Queens and Brooklyn, NY, and Fairfield County, CT. HVB specializes in providing a full range of financial services to businesses, professional services firms, not-for-profit organizations and individuals; and offers services specifically designed for attorneys, property managers, real estate developers and investors, municipalities and religious organizations. HVB also provides investment management services through a subsidiary, A. R. Schmeidler & Co., Inc. Hudson Valley Holding Corp. is the parent of Hudson Valley Bank and its stock is traded under the ticker symbol "HUVL" on the OTC Bulletin Board. Additional information on Hudson Valley Bank can be obtained on its web-site at www.hudsonvalleybank.com

SOURCE Hudson Valley Bank



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