Hudson Valley Bank will open yet another branch in Fairfield County with a location in Stratford on the heels of its recent Milford branch opening.
The bank has received approval from the Office of the Comptroller of the Currency to open a full-service branch in Stratford.
“As we have grown, we have not lost our focus on local banking for the local community,” said James J. Landy, president and CEO of Hudson Valley Bank. “Hudson Valley Bank prides itself on personal service, innovation, flexibility and a total commitment to our customers.”
The branch is expected to open early in the fourth quarter of 2009 at 2505 Main St., a location chosen, said Landy, to serve the banking needs of businesses and individuals in Stratford and surrounding communities.
Over the past year, the Yonkers-based Hudson Valley Bank has made commitments to Connecticut”™s southeastern corridor, opening branches in Stamford, Westport, Greenwich and Fairfield. It opened a branch in Milford July 20. With the Milford branch, Hudson Valley will have 32 branches in Westchester, Rockland, the Bronx, Manhattan, Queens and Brooklyn, NY, Fairfield County and New Haven County.
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. According to Landy, prior to coming to Hudson Valley, Biros had been a business development and sales manager at TD Banknorth in Stratford.
Michael Leahy, another Connecticut banker and Shelton resident, will serve as vice president and branch manager for Hudson Valley”™s Milford branch.
According to Landy, the bank 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,” said Landy. “We are making loans in Connecticut.”
