Hudson Valley Bank to Open Branch in Stratford, CT

Jul 14, 2009, 15:39 ET from Hudson Valley Bank

YONKERS, N.Y., July 14, /PRNewswire-FirstCall/ -- James J. Landy, President & CEO of Hudson Valley Bank, has announced that the Bank received approval from the Office of the Comptroller of the Currency (OCC) to open a full service branch in Stratford, CT.

The branch is expected to open early in the fourth quarter of 2009 at 2505 Main Street to serve the banking needs of businesses and individuals in Stratford and surrounding communities.

Over the past year, Hudson Valley Bank has made a major commitment to Connecticut. The Bank has opened branches in Stamford, Westport, Greenwich and Fairfield, CT and will open a branch in Milford on July 20. When Milford opens, Hudson Valley will have 32 branches in Westchester, Rockland, the Bronx, Manhattan, Queens and Brooklyn, NY, Fairfield County and New Haven County, CT.

"Hudson Valley Bank prides itself on personal service, innovation, flexibility and a total commitment to our customers," Mr. Landy said. "As we have grown, we have not lost our focus on local banking for the local community."

Gary Biros, a resident of Milford and an experienced local Connecticut banker, will serve as Vice President and Manager of the Bank's Stratford Branch. Prior to coming to Hudson Valley, Mr. Biros had been a Business Development and Sales Manager at TD Banknorth in Stratford, so is very familiar with this marketplace, Mr. Landy explained.

Michael Leahy, another experienced Connecticut banker and Shelton, CT, resident, will serve as Vice President and Branch Manager for Hudson Valley's Milford branch. He is very knowledgeable with the Milford area, having started his career in Milford with Farmers Savings Bank.

Hudson Valley Bank, which has been serving local communities since its founding in 1972, 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.

"With $2.5 billion in assets and a well capitalized rating from regulators, we remain financially strong, safe and sound," Mr. Landy said. "We are making loans in Connecticut."

For additional information about Hudson Valley's Stratford Branch, please call Gary Biros, VP, at (203) 883-9993 or Jim Wood, SVP, at (203) 989-0972 or visit the bank's web site

SOURCE Hudson Valley Bank