Hudson Valley Bank Opens Branch in Downtown Brooklyn

Jul 07, 2008, 01:00 ET from Hudson Valley Bank

    YONKERS, N.Y., July 7 /PRNewswire/ -- James J. Landy, President & CEO
 of Hudson Valley Bank, has announced the opening of a new full-service
 branch in downtown Brooklyn.
     Located at 16 Court Street, Suite 1907, directly across from the
 Downtown Brooklyn Government Center, the branch will focus on serving the
 deposit, lending and investment needs of area attorneys and law firms, in
 particular, but also other professional service firms, businesses,
 not-for-profit organizations and individuals. The branch is open Monday
 through Friday from 8:30 a.m. to 4:30 p.m.
     Hudson Valley, which specializes in banking services for attorneys, as
 well as other professionals and businesses, currently has four convenient
 locations in Manhattan at 350 Park Avenue, (at 51st Street), 24th Floor;
 the Woolworth Building, 233 Broadway (across from City Hall) Suite 2205;
 the Lincoln Building, 60 East 42nd Street (at Park & Madison Avenue), Suite
 1836, and 112 West 34th St., (near Herald Square) Suite 1903, as well as a
 new branch in Flushing, Queens, at 162-05 Crocheron Avenue.
     The largest independently-owned community bank headquartered in
 Westchester County, Hudson Valley currently has 27 branches in Westchester,
 Rockland, the Bronx, Manhattan, Queens and Brooklyn in New York and
 Fairfield County, CT. The Bank plans to open three new branches in
 Fairfield County, CT, in Greenwich, Westport and Fairfield, by the end of
 this year.
     "Brooklyn is a vibrant new market for us," Mr. Landy said. "We believe
 we have a lot to offer businesses and individuals in downtown Brooklyn. We
 have significant experience providing local banking for local communities
 throughout the Metropolitan area and a recognized expertise in banking for
 attorneys and other niche businesses."
     For additional information about Hudson Valley's Brooklyn Branch please
 call Arlene DeBenedictis, Area Branch Manager, at (347) 706-3310.
     Hudson Valley Bank (HVB) is a Westchester-based bank with $2 billion in
 assets, serving the metropolitan area with 27 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
     This press release contains forward-looking statements made pursuant to
 the safe harbor provisions of the Private Securities Litigation Reform Act
 of 1995. These statements refer to future events or our future financial
 performance. We have attempted to identify forward-looking statements by
 terminology including "anticipates," "believes," "can," "continue,"
 "could," "estimates," "expects," "intends," "may," "plans," "potential,"
 "predicts," "should" or "will" or the negative of these terms or other
 comparable terminology. These statements are only predictions and involve
 known and unknown risks, uncertainties and other factors that may cause our
 or the banking industry's actual results, level of activity, performance or
 achievements to be materially different from any future results, level of
 activity, performance or achievements expressed or implied by these
 forward-looking statements. Factors that may cause actual results to differ
 materially from those contemplated by such forward-looking statements
 include, but are not limited to, material adverse changes in the Company's
 operations or earnings, or a decline in the economy in the New York
 Metropolitan area. Although we believe that the expectations reflected in
 the forward-looking statements are reasonable, we cannot guarantee future
 results, levels of activity, performance or achievements.

SOURCE Hudson Valley Bank