YONKERS, N.Y., Oct. 15 /PRNewswire/ -- Travers Collins &
Company Investor Relations has been retained by Hudson Valley
Holding Corp. (Nasdaq: HUVL), as the parent company of Hudson Valley Bank continues to elevate its
profile among institutional investors and the financial community
at large.
"Since last year we've listed on the NASDAQ Global Select
Market, successfully completed a $90
million follow-on stock offering, increased trading volume
and grown our institutional shareholder base," Stephen R. Brown, Senior Executive Vice
President, CFO said. "We look forward to partnering with
Travers Collins & Company to help us further increase our
accessibility to the institutional and professional investment
community and communicate our story to current and prospective
shareholders alike.
"Hudson Valley Bank is a unique
financial institution, given our sharp focus on middle-market
commercial customers and their principals throughout the
New York metropolitan area and
lower Connecticut," Mr. Brown
added. "Our differentiated business model, liquid balance
sheet, strong capital position and highly efficient operations
position Hudson Valley Bank for
renewed growth as the economy recovers."
The institution is the largest independent commercial bank based
in Westchester County, with more
than $2.9 billion in assets.
Travers Collins & Company Investor Relations
(www.traverscollins.com/bank) and its senior IR consultants have
advised nearly 20 financial institutions, making the firm uniquely
experienced and specialized in serving community and regional
banks. Banking clients currently include Community Bank
System, First Niagara Financial Group, First National Community
Bank, Hudson Valley Holding Corp. (Nasdaq: HUVL), Lakeshore Bancorp
and Tidelands Bancshares.
Travers Collins & Company Investor Relations is a corporate
associate member of the Independent Community Bankers of America
(ICBA), and its IR professionals are members of the National
Investor Relations Institute (NIRI). It was founded in 1995
as part of the Travers Collins & Company integrated marketing
communications agency, which employs a staff of more than 40.
The agency is a member of the Worldcom Public Relations
Group, the world's largest network of independent public relations
firms, as well as the Transworld Advertising Agency Network (TAAN),
one of the leading networks of advertising agencies.
About Hudson Valley Holding Corp.
Hudson Valley Holding Corp. (HUVL), headquartered in
Yonkers, NY, is the parent company
of Hudson Valley Bank (HVB).
Hudson Valley Bank is a Westchester based bank with more than
$2.9 billion in assets, serving the
metropolitan area with 37 branches located in Westchester, Rockland, the Bronx, Manhattan, Queens and Brooklyn in New
York and Fairfield County
and New Haven County, in
Connecticut. HVB specializes in
providing a full range of financial services to businesses,
professional services firms, not-for-profit organizations and
individuals; and provides investment management services through a
subsidiary, A. R. Schmeidler &
Co., Inc. Hudson Valley Holding Corp.'s common stock is traded on
the NASDAQ Global Select Market under the ticker symbol "HUVL" and
is included in the Russell 3000® Index. Additional information on
Hudson Valley Bank can be obtained
on their web-site at
www.hudsonvalleybank.com.
This press release may contain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements are statements that are not
historical facts. These statements relate to future events or our
future financial performance. We have attempted to identify forward
looking statements by terminology including "anticipates,"
"believes," "can," "continue," "expects," "intends," "may,"
"plans," "potential," "predicts," "should" or "will" or the
negative of these terms or other comparable terminology. These
statements involve known and unknown risks, uncertainties and other
factors that may cause our actual results, level of activity,
performance or achievements to be materially different from our
future results, level of activity, performance or achievements
expressed or implied by these forward-looking statements. Factors
that may cause actual results to differ materially from those
contemplated by such forward-looking statements include, but are
not limited to:
- a continued or unexpected decline in the economy in the
New York Metropolitan
area;
- increases in loan losses or in the level of nonperforming
loans;
- unexpected increases in our allowance for loan
losses;
- our failure to maintain required regulatory capital
levels;
- further declines in value in our investment
portfolio;
- a continued or unexpected decline in real estate values
within our market areas;
- higher than expected FDIC insurance premiums;
- unexpected changes in interest rates;
- additional regulatory oversight which may require us to
change our business model;
- the imposition on us of liabilities under federal or state
environmental laws;
- those risk factors identified in our SEC filings, including
our Form 10-K for the year ended December
31, 2009.
Forward looking statements speak only as of the date such
statements are made. The Company undertakes no duty to update any
forward-looking statement to conform the statement to actual
results or changes in the Company's expectations.
CONTACT
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James J. Landy
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President &
CEO
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(914) 771-3230
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Stephen R. Brown
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Sr. EVP, CFO &
Treasurer
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(914) 771-3212
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Lynn E. Casteel
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Travers Collins &
Company
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(888) 817-0957
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SOURCE Hudson Valley Holding Corp.
Copyright . 15 PR Newswire