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
"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 www.hudsonvalleybank.com.
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