Hudson Valley Bank Opens Branch in Downtown Brooklyn
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 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
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