Gouverneur Bancorp, Inc. Announces Treasurer Kathleen McIntosh to Retire

Jan 15, 2010, 08:13 ET from Gouverneur Bancorp, Inc.

GOUVERNEUR, N.Y., Jan. 15 /PRNewswire-FirstCall/ -- Gouverneur Bancorp, Inc. (OTC Bulletin Board: GOVB) (the "Company"), today announced that its Treasurer, Kathleen F. McIntosh, will retire effective January 19, 2010.  Ms. McIntosh joined the Bank in December 1988, serving as Treasurer since January 1990.  She will continue to serve the company in an advisory capacity.

In making the announcement, Richard Bennett, President and Chief Executive Officer stated, "Over the past twenty-one years, Ms. McIntosh has played a large role in the success of both the Bank and the Corporation.  Kay's experience in banking services has served the Company well."  Mr. Bennett further acknowledged Ms. McIntosh's retirement by saying, "On behalf of the shareholders, employees, and Board of Directors, I extend heartfelt appreciation to Kay for her tireless efforts for more than two decades.  We wish Kay and her husband Bill the very best in retirement."

Cortney Charlton, Assistant Treasurer, will assume the role of Treasurer.  Prior to joining Gouverneur Savings & Loan, Ms. Charlton worked for several years as an Accountant with St. Lawrence Zinc Company in Balmat, New York.  She holds a Bachelor of Science degree in Business Administration.

About the Company

The Company, which is headquartered in Gouverneur, New York, is the holding company for Gouverneur Savings and Loan Association. Founded in 1892, the Bank is a federally chartered savings and loan association offering a variety of banking products and services to individuals and businesses in its primary market area in southern St. Lawrence and northern Lewis and Jefferson Counties in New York State.

Forward-Looking Statements

This news release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  These statements are based on the beliefs and expectations of management as well as the assumptions made using information currently available to management.  They often include words like "believe," "expect," "anticipate," "estimate," and "intend" or future or conditional verbs such as "will," "would," "should," "could" or "may."  Since these statements reflect the views of management concerning future events, these statements involve risks, uncertainties and assumptions.  Therefore, actual future results may differ significantly from results discussed in the forward-looking statements.

SOURCE Gouverneur Bancorp, Inc.