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Article: Hudson Valley Holding Corp. Acquires New York National Bank.
- Article from:
- PR Newswire
- Article date:
- January 3, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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YONKERS, N.Y., Jan. 3 /PRNewswire-FirstCall/ -- Hudson Valley Holding Corp. (HUVL) completed its previously announced acquisition of New York National Bank effective on January 1, 2006. New York National Bank was converted to a New York State chartered bank and renamed "NYNB Bank." NYNB Bank will operate independently as a wholly-owned subsidiary of Hudson Valley Holding Corp.
New York National Bank, a commercial bank with approximately $130 million in assets, was founded in 1982 to operate as a community focused bank providing deposit and lending services to residents, businesses and community organizations in the South Bronx. It has expanded its market to ...