Greater Hudson Bank Welcomes New Chief Lending Officer, Timothy A. Florio

BARDONIA, NY--(Marketwired - April 13, 2016) - Greater Hudson Bank, ("the Bank") (OTCQX: GHDS) is pleased to announce the recent appointment of Mr. Timothy A. Florio as Senior Vice President, Chief Lending Officer. Mr. Florio joins Greater Hudson Bank with nearly twenty years of experience in credit, commercial lending and business banking. As the Chief Lending Officer, Mr. Florio will be responsible for monitoring and controlling the day-to-day operations, business development and market activities of the loan department. Additionally, he will actively participate in guiding senior management with planning and strategizing the future of the Bank.

"I am pleased to announce the addition of Tim to our senior management team," stated Ed Lutz, President and Chief Executive Officer. "His comprehensive expertise in commercial and small business banking will help us to grow strategically within our local markets while maintaining our focus on being the Hudson Valley's preeminent private bank for businesses, non-profits and municipalities," continued Lutz.

Mr. Florio joins Greater Hudson Bank with broad knowledge of the banking industry, covering all aspects of banking, from commercial and retail banking to credit underwriting. Prior to joining Greater Hudson, he was most recently a Senior Vice President, Commercial Market Manager for Westchester, Connecticut and the Bronx markets at HSBC Bank. In this role, Mr. Florio led a team of relationship managers charged with assisting clients with commercial lending and credit needs. He developed the needed skill set during an extensive bank wide training development program that focused primarily on credit, lending, bank credit policy, product knowledge, internal processes and sales. His unique experience will be instrumental in supporting him in his new role at Greater Hudson Bank.

"Greater Hudson Bank is a great example of a strong community bank with a focus on investing in the communities it serves," explained Mr. Florio, who holds a double bachelor's degree in Business Marketing & Management from the University of South Carolina. "I'm thrilled to be a part of this institution and help continue its continued success." Mr. Florio, a lifelong Westchester County resident and Business Council of Westchester 40 under 40 Rising Star recipient, resides in Bronxville with his wife, Megan. As an active member of the Business Council of Westchester he enjoys volunteering his time and raising funds for various charitable causes. 

Greater Hudson Bank, founded in 2002, is headquartered in Bardonia, NY. The Bank, which specializes in providing customized banking services to Hudson Valley based businesses, non-profits and municipal agencies is chartered by the New York State Department of Financial Services and its deposits are insured by the FDIC. As evidence of the Bank's financial strength, Greater Hudson Bank has been recognized with a superior rating by the country's leading independent bank rating and research firm, BauerFinancial, Inc. Further information can be found on the Bank's website at www.GreaterHudsonBank.com or by calling 844-GREAT-11.

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