ORANGE BANK & TRUST COMPANY PRESS RELEASES


 

Orange Bank & Trust Announces the Appointment of Gregory Holcombe to the Board of Directors


MIDDLETOWN, N.Y. (June 19, 2017) — The Board of Directors and CEO Michael Gilfeather of Orange Bank & Trust Company (the Bank) are pleased to announce the appointment of Gregory Holcombe to the Bank’s Board of Directors effective June 16, 2017. Mr. Holcombe will also serve on the Board of Orange County Bancorp, Inc., the Bank’s holding company.

Orange County Bancorp Directors Re-elected

Middletown, NY (May 18, 2017) –  The shareholders of Orange County Bancorp, Inc. (the “Company”) held their annual meeting on May 16, 2017 in Middletown at the headquarters of the Company’s subsidiary bank, Orange Bank & Trust Company. Elected to serve three year terms were directors and fellow shareholders, Richard Rowley, Susan Metzger and Michael Gilfeather. “I enjoy working with all the directors and I know Richard, Susan and Michael…

Orange Bank & Trust Promotes Chief Financial Officer to Executive Vice President

Middletown, NY – May 1, 2017 – The Board of Directors and CEO Michael Gilfeather of Orange Bank & Trust Company are pleased to announce the promotion of Gerard A. Perri to the role of Executive Vice President.

Orange Bank & Trust Hires New Chief Lender

Middletown, NY – April 7, 2017 – The Board of Directors and CEO Michael Gilfeather of Orange Bank & Trust Company announced today that the bank has hired Michael J. Coulter as its new Chief Lending Officer, succeeding Mary Ellen Rogulski, who is retiring.

OBTC’s Trust Services Division Moves to Chester

MIDDLETOWN, N.Y. (March 17, 2017) — Orange Bank & Trust is proud to announce that on March 10, 2017, the Trust Services Division of the Bank moved its operations from the headquarters in Middletown, NY, to the Chester office at 91 Brookside Avenue in Chester, NY.

Orange County Bancorp, Inc. Announces Fourth Quarter Earnings of $1.1 million and Full Year Earnings of $3.6 million; Declares Quarterly Dividend

MIDDLETOWN, N.Y., Feb. 17, 2017 – Orange County Bancorp, Inc. (the “Company” - OTCQB: OCBI) announced today fourth quarter net income of $1.1 million or $0.57 per share compared to a net loss of $182 thousand or $0.09 per share for the same quarter in 2015. The increase in quarterly net income was primarily due to higher net interest income and lower provision for loan losses.

Orange Bank & Trust Company Promotes Passaro Market Manager for Greater Newburgh Area

Orange Bank & Trust Company announced today the promotion of Diane Passaro to 1st Vice President and Market Manager covering Newburgh and nearby markets, including Montgomery and Vails Gate. Passaro will also be responsible for the Bank’s business in Southern Dutchess County.

Orange Bank & Trust Company Wins Highest Rating from BauerFinancial-Five Star Superior Rating

Orange Bank & Trust Company (OBTC), announced today that they have been recognized by the nation’s leading independent bank-rating firm, Bauer Financial, Inc. (Bauer), as a 5-Star, Superior Bank. This is the highest rating that Bauer assigns and it ranks OBTC as one of the Nations’ strongest financial institutions.

Orange County Bancorp, Inc. Declares Cash Dividend

On November 10, 2016, the Board of Directors of Orange County Bancorp, Inc., the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc., declared a 41¢ cash dividend per share of its common stock. The dividend is payable on December 20, 2016 to shareholders of record as of December 6, 2016.

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