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Home > Company Index > Banking > Banking - Northeast > Hudson River Bancorp, Inc.

Hudson River Bancorp, Inc.
Nasdaq: HRBT
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 PROFILE
Hudson River Bancorp is the holding company for Hudson River Bank & Trust, a savings bank serving upstate New York through 18 branches. The bank offers such deposit products as money market, NOW, passbook, and statement savings accounts and time deposits. It uses these funds to originate one- to four-family residential mortgage loans (more than half of its loan portfolio), business loans, manufactured home loans, consumer loans, and commercial mortgages. Subsidiaries of the bank include Hudson River Mortgage (mortgage brokerage), Hudson City Associates (subprime auto insurance), and Hudson River Funding (real estate investment trust). Hudson River Bancorp is buying Cohoes Bancorp.

 COMPETITION
Greene County Bancorp, Inc. (GCBC)
M&T Bank Corporation (MTB)
TrustCo Bank Corp NY (TRST)

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 FINANCIAL OVERVIEW
Fiscal Year-End: March
2001 Sales (mil.): 96.30
1-Yr. Sales Growth: 21.9%
Employees: 333
Revenue per employee: $289,189.19

 KEY PEOPLE
• Carl A. Florio
    CEO
• Timothy E. Blow
    CFO

 CONTACT INFO
One Hudson City Centre
Hudson, NY 12534
US
Phone: 518-828-4600
Fax: 518-828-0082
Online: Web Site

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