Hudson Valley Holding To Merge Subsidiaries

February 25, 2010 (FinancialWire) — Hudson Valley Holding Corp. (NASDAQ: HUVL) said it has received approval from the Office of the Comptroller of the Currency to operate its New York National Bank subsidiary as a division of its Hudson Valley Bank subsidiary.

As of March 1, New York National Bank will relinquish its banking charter and will become a Division of Hudson Valley Bank, according to Hudson Valley.

New York National Bank has operated as a wholly owned subsidiary of Hudson Valley Holding Corp., parent company of Hudson Valley Bank, since 2006

With the addition of New York National Bank, Hudson Valley Bank now has 36 branches throughout the Metropolitan New York area and lower Connecticut.

About Hudson Valley Holding Corp.

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