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Hudson Valley Bank Names Paul S. Ulrich Chief Credit Officer

YONKERS, N.Y., Sept. 29 /PRNewswire/ -- James J. Landy, President & CEO of Hudson Valley Bank, has announced the appointment of Paul S. Ulrich, an experienced senior banking executive, as Executive Vice President and Chief Credit Officer.

Mr. Ulrich has more than 25 years of commercial banking experience, most recently as Senior Credit Officer for First Tennessee Bank in Memphis. He previously held senior credit positions at Washington Mutual Bank and Fleet Bank in Philadelphia, PA. He started his banking career in Westchester with National Westminster Bank and Union Trust Company.

Mr. Ulrich holds a Master of Business Administration degree in Financial Management from Fairleigh Dickinson University in Madison, NJ, and a Bachelor of Arts degree in Political Science and Economics from Hofstra University in Hempstead, NY.

In his new position, he will have Divisional oversight and responsibility for Commercial Credit Administration, Consumer and Residential Lending and Asset Recovery.

"Paul is a seasoned lending professional with a wealth of experience and knowledge in loan underwriting and structuring, credit risk management, loan work out solutions and revenue growth," according to Mr. Landy. "He will be a valuable member of our Executive team."

Hudson Valley Bank (HVB) is a Westchester-based bank with $2.9 billion in assets, serving the metropolitan area with 37 branches located in Westchester, Rockland, the Bronx, Manhattan, Queens and Brooklyn, NY, and Fairfield County and New Haven 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 common stock is traded on the NASDAQ Global Select Market under the ticker symbol "HUVL". Additional information on Hudson Valley Bank can be obtained on their web-site at www.hudsonvalleybank.com.