Hudson Valley Bank Opens Branch in Milford, CT

YONKERS, N.Y., July 22 /PRNewswire-FirstCall/ -- James J. Landy, President & CEO of Hudson Valley Bank, has announced that the Bank has opened a branch in Milford, CT.

The branch, located at 54 Broad Street in Milford, will serve the banking needs of businesses and individuals in Milford, Orange and surrounding communities. Hudson Valley specializes in banking services for businesses, professional service firms, including attorneys, real estate developers and property managers, as well as municipalities and not-for-profit organizations.

Hudson Valley has opened branches in Stamford, Westport, Greenwich and Fairfield, CT, over the past 18 months and plans to open a branch in Stratford in the Fall. Milford represents Hudson Valley's first branch in New Haven County. The bank now has 32 branches in Westchester, Rockland, the Bronx, Manhattan, Queens and Brooklyn, NY, and Fairfield and New Haven Counties in Connecticut.

"We remain financially strong, safe and sound," Mr. Landy said. "Hudson Valley Bank has been serving local communities since its founding in 1972 and prides itself on personal service, innovation, flexibility and a total commitment to our customers. As we have grown, we have not lost our focus on local banking for the local community."

Michael Leahy, an experienced local Connecticut banker, is VP, Branch Manager, of the Milford Branch. Before joining Hudson Valley, Mr. Leahy was a Branch Manager with Webster Bank in Norwalk and prior to that was with Chase Bank for 16 years. He is knowledgeable about the Milford area, having started his career in Milford with Mechanics & Farmers Savings Bank. He is a resident of Shelton, CT.

David Kehoe, a Bethany, CT resident, who has more than 15 years of banking experience in Connecticut, will serve as Relationship Manager serving the banking needs of businesses and individuals in the Milford area. Mr. Kehoe was most recently Vice President of Commercial Lending for Fairfield and New Haven Counties for Cornerstone Bank/New Alliance Bank. He was formerly Vice President for Business Banking in Fairfield County for Webster Bank.

For additional information about Hudson Valley's Milford Branch, please call Michael Leahy or David Kehoe at (203) 951-3070 or Jim Wood, SVP, at (203) 989-0972 or visit the Bank's web site www.hudsonvalleybank.com.

Hudson Valley Bank (HVB) is a Westchester-based bank with $2.5 billion in assets, serving the metropolitan area with 32 branches located in Westchester, Rockland, the Bronx, Manhattan, Queens and Brooklyn, NY, and Fairfield and New Haven Counties, 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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