• OBT Promotes Jayne Rzeczkowski to SVP and Chief Operating Officer

    Middletown, NY – May 31, 2019 – The Board of Directors and CEO Michael Gilfeather of Orange Bank & Trust Company are pleased to announce the promotion of Jayne Rzeczkowski to the role of Senior Vice President and Chief Operating Officer.

    Jayne will head the Bank’s operational departments while continuing to serve as the Bank’s Compliance Officer and Corporate Secretary.  

    “Jayne’s extensive knowledge and experience throughout multiple areas of the bank will be significant contributors to her success in the new position,” said Michael Gilfeather, President and CEO of Orange Bank & Trust Company. “She has played an integral role in the Bank’s ongoing success, with meaningful contributions to branch management, auditing, mortgages, loan operations as well as the Bank’s overall strategic goals.”

    Jayne joined Orange Bank & Trust Company in 1989 as Assistant Branch Manager.

    Jayne is a graduate of SUNY Orange, earning her associate’s degree in Bank Management. She also holds several professional certifications, including Certified Bank Auditor (CBA) from the Banking Administration Institute and Certified Regulatory Compliance Manager (CRCM) from the American Bankers Association.  

  • ORANGE COUNTY BANCORP DIRECTORS RE-ELECTED

    Middletown, NY (May 23, 2018) – The shareholders of Orange County Bancorp, Inc. (the “Company”) held their annual meeting on May 21, 2019 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, David DeWilde, William Morrison, Virginia Rizzo and Jonathan Rouis and elected to serve a one year term was Hudson Valley Investment Advisor’s President and CEO, Gus Scacco. Other directors include, Louis Heimbach, Gregory Holcombe, Paul McDermott, Terry Saturno, Richard Rowley and Susan Metzger, as well as Michael Gilfeather, Orange Bank & Trust Company’s President and CEO.

    “We have an exceptional Board of Directors that work diligently to continue to do outstanding work on behalf of the company’s shareholders,” said Lou Heimbach, Chairman of the Board of Orange County Bancorp, Inc.

    The Company’s shareholders also approved the 2019 Equity Incentive Plan and the appointment of Crowe LLP as the Company’s independent accounting firm for 2019.

    Separately, on May 17, 2019, the Board of Directors of Orange County Bancorp, Inc., declared a quarterly dividend of 20¢ per share of its common stock. The dividend is payable on June 14, 2019 to shareholders of record as of June 4, 2019.

    About Orange County Bancorp, Inc.

    Orange County Bancorp, Inc. is the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc. Orange Bank & Trust Company is an independent bank that began with the vision of 14 founders over 125 years ago and has grown through conservative banking practices, innovation and commitment to its community and business cliental to more than $1 billion in total assets. In recent years, Orange Bank & Trust Company has added branches in Rockland and Westchester counties. Hudson Valley Investment Advisors, Inc. is a Registered Investment Advisor in Goshen, NY. It was founded in 1996 and was acquired by the Company in 2012. For more information, visit orangebanktrust.com or hviaonline.com.                                                                                                                                                                                                                                                                                                                                             

  • Orange County Bancorp, Inc. Announces First Quarter 2019 Earnings

    MIDDLETOWN, N.Y., May 1, 2019 – Orange County Bancorp, Inc. (the “Company” - OTCQX: OCBI) announced today its unaudited financial results for the first quarter ended March 31, 2019.
    The Company earned net income of $2.23 million or $0.50 per share for the quarter compared to net income of $1.37 million or $0.35 per share for the corresponding quarter in 2018.
    On a year-over-year basis, Q1 net income rose $856 thousand or 62%, while earnings per share increased $0.15 or 42%. Per share results reflect the issuance of an additional 566,783 shares of stock through a private placement in October 2018.
    Book value per share as of 3/31/19 was $24.76, an increase of $1.96 per share or 8.6% versus the same quarter last year, while tangible book value per share of $23.01 increased $2.28 per share or 11%.
    The Company’s Hudson Valley Investment Advisors (HVIA) subsidiary saw Q1 revenues increase 4.1% on a year-over-year basis, while revenue for the Bank’s Trust department rose 4.6% for the same period.
    The Company continues to experience strong growth in loans and deposits. On a year-over-year basis, total loans outstanding at the end of Q1 increased $162 million or 26%, while total deposits grew $108 million or 12%, ending the quarter at nearly $1 billion. The Company’s capital base grew $22 million or 24%, driven primarily by the combination of proceeds from a Q4 2018 private placement of common stock ($16 million) and retained earnings ($5 million). The equity to assets ratio increased from 8.8% to 9.8% on a year-over-year basis, with equity growth more than keeping pace with balance sheet growth.
    “We are very pleased with the Company’s performance during the first 3 months of 2019,” said Company President and CEO, Michael Gilfeather. “Our results for the quarter reflect strong growth in earnings and of our balance sheet. We believe this coupled with the ongoing implementation of our strategic plan continue to position the Company as a leading financial institution in the markets we serve.”
    About Orange County Bancorp, Inc.


    Orange County Bancorp, Inc. is the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc. Orange Bank & Trust Company is an independent bank that began with the vision of 14 founders over 125 years ago and has grown through conservative banking practices, innovation and commitment to its community and business cliental to more than $1 billion in total assets. In recent years, Orange Bank & Trust Company has added branches in Rockland and Westchester counties. Hudson Valley Investment Advisors, Inc. is a Registered Investment Advisor in Goshen, NY. It was founded in 1996 and was acquired by the Company in 2012. For more information, visit orangebanktrust.com or hviaonline.com.

  • Orange Bank & Trust Promotes Chief Lending Officer to Executive Vice President

    Middletown, NY – March 6, 2019 – The Board of Directors and CEO Michael Gilfeather of Orange Bank & Trust Company are pleased to announce the promotion of Michael Coulter to the role of Executive Vice President.

    Coulter is being recognized for his leadership in growing the Bank’s loan outstandings to an all-time high in the Mid-Hudson Valley marketplace as well as the overall bank. Coulter joined Orange Bank & Trust in April 2017 as Senior Vice President and Chief Lending Officer, overseeing all aspects of loan strategy, product and policy.

    “Mike has played an integral role in the Bank’s ongoing success, with meaningful contributions to management and development of the commercial lending department as well as the Bank’s overall strategic goals,” noted President and CEO, Michael Gilfeather. “Mike’s promotion is well-deserved and we are fortunate to have an executive of his expertise at the Bank.”

    Coulter has over 25 years of industry knowledge. He was previously Chief Lending Officer of Metropolitan Bank in Manhattan.  

  • Orange County Bancorp, Inc. Announces Fourth Quarter and Full Year 2018 Earnings

    MIDDLETOWN, N.Y., Feb. 15, 2019 – Orange County Bancorp, Inc. (the “Company” - OTCQX: OCBI) announced today its unaudited financial results for the fourth quarter and full year ended December 31, 2018.

    “We are very pleased with the Bank’s performance in 2018,” said Company President and CEO, Michael Gilfeather. “The results reflect strong operating performance and gains from strategic initiatives we’ve undertaken over the past several years.”

    For the full year ended December 31, 2018, the Company earned net income of $7.55 million or $1.86 per share compared to net income of $2.4 million or $0.60 per share in 2017. Fourth quarter net income of $2.6 million or $0.61 per share compares to a net loss of $1.1 million or ($0.29) per share for the same quarter in 2017, as reported, and $1.4MM or ($0.35) per share net of a one time $2.5MM tax expense adjustment related to federal tax law changes, which lowered the corporate tax rate to 21% and reduced the value of deferred tax assets. On a quarter-over quarter basis, net income rose $586,000 or 28.9%, while earnings per share increased $0.09 or 18.6%. Per share results reflect the issuance of an additional 566,783 shares of stock through a private placement in October.

    Book value per share as of 12/31/18 was $24.22, an increase of $0.90 per share or 3.9% versus the prior year, while tangible book value per share of $22.46 increased $1.23 per share or 5.8% from 12/31/17.

    The Company’s Hudson Valley Investment Advisors (HVIA) subsidiary saw revenues increase 4.2% on a year-over-year basis, while net income before taxes rose 11% for the period.

    The Company’s 2018 financial performance demonstrates stability and the impact of the first full year of results from previously announced growth initiatives. In addition to earnings growth, 2018 saw the Company cross the $1 billion mark in total assets on the basis of contributions from all four primary business segments – deposits, loans, trust services and investment management (HVIA).

    Throughout the year, the Company took advantage of opportunities to better position the bank for future growth. These included a “2‐for‐1” stock split, in the form of a stock dividend, and the addition of $16.4 million in permanent equity capital through the aforementioned private securities offering.

    On January 22, 2019, the Company’s stock began trading on the OTCQX® Best Market under the symbol OCBI. The upgrade to the OTCQX exchange is expected to provide shareholders a public market for more efficient trading and greater price transparency. U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

    On February 15, 2019 the Company declared a cash dividend for the first quarter of $0.20 per share of common stock, which is payable on March 15, 2019 to shareholders of record on March 4, 2019.

    “These favorable results are attributable to our ongoing investments in people, market expansion, and product development,” said Michael Gilfeather. “We are also optimistic about the future as we execute on a strategic plan that we believe will continue to position the Company as a leading financial institution in the markets we serve.”

  • OTC MARKETS GROUP WELCOMES ORANGE COUNTY BANCORP, INC. TO OTCQX

    NEW YORK – January 22, 2019 – OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Orange County Bancorp, Inc. (OTCQX: OCBI), a bank holding company, has qualified to trade on the OTCQX® Best Market. Orange County Bancorp upgraded to OTCQX from the Pink® market.

    Orange County Bancorp, Inc. begins trading today on OTCQX under the symbol “OCBI.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

    "We are pleased to welcome Orange County Bancorp as the first community bank to join our OTCQX Best Market, in 2019," said Jason Paltrowitz, Director of OTC Markets Group International Ltd. and EVP of Corporate Services at OTC Markets Group. "Following successful completion of a $16-million equity private placement, Orange County Bancorp’s upgrade to the OTCQX Best Market will provide new and existing shareholders a public market for more efficient trading and price transparency."

    “Our move to the OTCQX exchange is a natural progression for us given the growth we have enjoyed over the past several years,” said Michael Gilfeather, President and CEO at Orange County Bancorp, Inc. “The OTCQX positions us better relative to our peer group, provides the potential of greater liquidity for our shareholders, and offers additional opportunities to share the OCBI story and investment thesis. We look forward to a mutually beneficial association.”

    Orange County Bancorp was sponsored for OTCQX by Sandler O'Neill + Partners, a qualified third-party firm responsible for providing guidance on OTCQX requirements and recommending membership.

  • Orange Bank & Trust Announces Relief for Government Workers Affected by Shutdown

    MIDDLETOWN, N.Y. (January 15, 2019) — The Board of Directors and CEO Michael Gilfeather of Orange Bank & Trust Company announced today initiatives to assist clients who are U.S. government employees directly impacted by the government shutdown.

    Orange Bank & Trust will defer mortgage and loan payments for up to six months or until the end of the government shutdown, whichever comes first, and any credit reporting requirements will be suspended during this time. In addition, Orange Bank & Trust will waive deposit account charges as well as any late fees or early withdrawal penalties for our affected customers.

    "We understand the financial stress on clients created by the government shutdown and will work with them to provide financial assistance based on their individual circumstances and needs," said President & CEO Michael Gilfeather. “We all hope this will be resolved soon, but in the interim the Bank stands ready to help those who may need support.”

    Orange Bank & Trust encourages its clients to call to discuss certain hardships if they are employees of, or do business with, a U.S. federal agency and their income is affected by the shutdown. Please visit orangebanktrust.com or call your local branch for additional information.

  • Orange Bank & Trust Moves Operations to New Thornwood Branch

    Supporting the bank’s strategic plan to grow its operations regionally with a focus on business banking

    MIDDLETOWN, N.Y. (January 7, 2019) — The Board of Directors and CEO Michael Gilfeather of Orange Bank & Trust are pleased to announce the opening of its full-service Thornwood branch at 859 Franklin Avenue in Thornwood, NY.

    “We are proud to continue to serve the Mount Pleasant community with our new branch in Thornwood,” said Joseph Ruhl, Regional President at Orange Bank & Trust. “The Bank is very committed to the Hudson Valley as we continue to grow within Westchester where our bankers are known and respected by the community.”

    The branch is headed by Vice President and Relationship Manager Sharon Spina, a seasoned banker with over 25 years of experience in the Mount Pleasant market. Spina along with her team of business bankers, Annel Sylvester and Morrea Latorre, officially moved into the Thornwood branch from their former office in Hawthorne on December, 24th. The Hawthorne branch was located on the second floor of a corporate building which allowed the Bank to quickly open in the marketplace in 2016 while looking for a traditional first floor location.

    Spina added, "We are pleased to serve our clients at this beautiful new location. The new space will better accommodate our branch’s growing client base and is in a more convenient and high profile spot within the business community, better reflecting the Bank’s commitment to the Mount Pleasant area.”

    The branch will be open, Monday-Friday, 9:00am-4:00pm and provide a complete range of financial services; with a particular focus on commercial lending, cash management, and trust and estate services. Visit orangebanktrust.com or call the branch at 914-984-2780 for additional information.

  • OBT Hires Robert Peacock as EVP, Chief Financial Officer

    Middletown, NY – July 20, 2018 – The Board of Directors and CEO Michael Gilfeather of Orange Bank & Trust Company announced Executive Vice President, Robert Peacock has joined the Bank as Chief Financial Officer. Robert reports to Michael Gilfeather, President and Chief Executive Officer and will be responsible for finance, accounting and IT.

    “We conducted an extensive search to find the right leader to compliment the bank’s senior team as we effectively implement the bank’s strategy to be the premier business bank and private bank service provider in the Hudson Valley, “said Michael Gilfeather, President & CEO of Orange Bank & Trust. “Robert has the right combination of experience, talent and enthusiasm for the job and we are delighted to have found him.”

    Robert is joining the Bank with an extensive background in financial management and strategic planning. He has previously worked as an Executive Vice President and Chief Financial Officer for Spencer Savings Bank, headquartered in Elmwood Park, NJ with $2.7 billion in assets and 21 branches.

    Prior to joining Spencer, Robert worked as a Managing Director for FinPro, Inc. a leading bank consulting firm. At FinPro he managed consulting engagements specializing in bank-startups from concept, management team selection, regulatory application and capital raising assistance.

    Robert has a Master of Business Administration and a BS in Finance and Statistics both from The Wharton School of the University of Pennsylvania.

  • Orange Bank & Trust's affiliate, Hudson Valley Investment Advisors Inc., Appears on Fox Business News

    GOSHEN, N.Y. (June 13, 2018) —On June 1, 2018, Hudson Valley Investment Advisors, Inc.’s CEO and Chief Investment Officer, Gus Scacco, was invited on Fox Business News to speak on current issues impacting the markets. In the video, the topics of international trade and tariffs: the current situation in Italy and its impact on the Euro; and the May jobs report were all discussed.You can watch the full video by clicking here or visit hviaonline.com to view the video. 

    Since 1995, Hudson Valley Investment Advisors, Inc.  has combined sophisticated investment management services to meet the specific needs of clients. They have established an investment process that has been developed through years of experience in working with individuals, families, businesses, institutions and foundations. Their investment clients include: Pension Funds, Profit Sharing Plans, Foundations, Endowments, Trusts, Individual Retirement Accounts, SEP Plans, 401K Plans and Managing Customized Investment Portfolios for Individuals. For more information, visit www.hviaonline.com.

  • Michael Gilfeather is this year's recipient of the Distinguished Citizen Award by Boy Scouts of America

    Orange Bank & Trust Company’s President & CEO, Michael Gilfeather, was honored by the Hudson Valley Boy Scout Council with their Distinguished Citizen Award on May 16th. The award is given to individuals who exemplify the ideals found within the Boy Scout Oath and Law.  Michael received this honor for enhancing the quality of life in our community and showing long and sustained commitment to the maintenance of high standards in his profession.

     

  • Orange Bank & Trust Opens New Full Service Branch in Cortlandt Manor

    Orange Bank & Trust Company is proud to announce the opening of the bank’s fifth full service branch in Westchester County. The branch is located at 2141 Crompond Road in Cortlandt Manor.

    The branch will service Cortlandt Manor, Peekskill, Yorktown, Croton and the surrounding vicinity. The new branch supports the bank’s strategic plan to expand its operations regionally with a focus on business banking.

    The branch will be headed by Vice President and Relationship Manager Michael Golio, a seasoned banker with over 25 years of experience in this marketplace. Golio will lead a team of experienced business bankers to deliver a professional client experience. 

    The branch is open Monday through Friday 9:00 am to 4:00 pm and provides a complete range of financial services; with a particular focus on commercial lending, cash management, and trust and estate services. Please visit orangebanktrust.com or call the branch at 914‐930‐6279 for additional information.

  • Orange County Bancorp Directors Re-elected

     

    Middletown, NY (May 29, 2018) –  The shareholders of Orange County Bancorp, Inc. (the “Company”) held their annual meeting on May 22, 2018 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, Louis Heimbach, Gregory Holcombe, Paul McDermott and Terry Saturno. “I enjoy working with all the directors and I know Gregory, Paul and Terry will continue their outstanding work on behalf of the company’s shareholders,” said Lou Heimbach, Chairman of the Board of Orange County Bancorp, Inc. The Company is also the parent of Hudson Valley Investment Advisors, Inc. (HVIA) in Goshen, New York.

    President and CEO Michael Gilfeather addressed the shareholders and provided a review of the Bank’s 2017 highlights. “Thanks to the significant growth in deposits, loans and trust fees our net income before taxes in 2017 grew 49% to $6.5 million,” said Gilfeather. “Our investments into Cash Management and other technologies along with our market expansion in Rockland and Westchester are large contributors to the Bank’s financial success. However, the most important investments have been in the talents of our employees—both in the traditional roles and unique ones which will keep our community bank with skill sets needed to compete for the long term.”  

    “HVIA also enjoyed continued momentum in 2017,” said Gus Scacco, President and Chief Investment Officer of HVIA. “Since joining HVIA four years ago we have seen firm asset growth of 44.7% with 2017 calendar year asset growth of 13.8%. In addition, we finished the 2017 calendar year with approximately $800 million in assets.”

    In addition to the election of directors, the Company’s shareholders approved the authorization of 10 million additional shares of common stock for a total of 15 million authorized shares. Other directors include, Richard Rowley, Susan Metzger, William Morrison, Virginia Rizzo, David DeWilde, Jonathan Rouis, Gus Scacco as well as Michael Gilfeather.

    About Orange County Bancorp, Inc.

    Orange County Bancorp, Inc. is the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc. Orange Bank & Trust Company is an independent community bank beginning with a dream of 14 founders over 125 years ago and through conservative banking practices, innovation and commitment to its community, now has assets of one billion. In recent years, Orange Bank and Trust Company has added branches in Rockland and Westchester Counties. Hudson Valley Investment Advisors, Inc. is a Registered Investment Advisor in Goshen, NY. It was founded in 1996 and was acquired by the Company in 2012. For more information, visit orangebanktrust.com or  www.hviaonline.com.

  • Orange Bank & Trust Opens Fourth Westchester County Branch

    The Board of Directors and CEO Michael Gilfeather of Orange Bank & Trust Company announced on August 24 that the bank had opened its fourth full service branch in Westchester County. The branch is located at 510 South Columbus Avenue in Mount Vernon. After overcoming some expected initial delays, the bank held a festive
    ribbon-cutting ceremony on Wednesday, October 4. The ribbon-cutting event was attended by approximately 150 people, followed by a reception at a nearby restaurant.

    This new branch supports the bank’s strategic plan to expand its operations regionally with a focus on business banking. The branch will be headed by Vice President and Relationship Manager Patrick Smith, who will lead a team of experienced business bankers to deliver a professional client experience, Orange Bank & Trust stated in the announcement.  Smith is no stranger to Mount Vernon since he managed the former Hudson Valley Bank on Sandford Boulevard for several years.

    Additionally, the bank’s Westchester Trust Division lead by Vice President and Trust Officer, Sinead Fitzsimons, moved its operations to the new Mount Vernon location. The bank’s other Westchester County locations are in White Plains, Mamaroneck and Mount Pleasant.

    Please click here for full article in The Mount Vernon Inquirer

    Mt. Vernon Ribbon Cutting

  • Orange Bank & Trust Renames Headquarters to Honor Morrison Family Support

  • Information on the Equifax Breach

    As of 9.7.17, Equifax has stated that there is “No Evidence of Unauthorized Access to Core Consumer or Commercial Credit Reporting Databases”. Regardless, it may be in your best interest to understand or review the information Equifax has been issuing in response.

    Equifax has set up a website to help consumers determine if their information was breached and, if so, to sign up for credit monitoring and identity theft protection offered by TrustedID, an Equifax subsidiary. Equifax will also mail notices to consumers whose credit card numbers or dispute documents were breached. For more information visit: www.equifaxsecurity2017.com 

    To see recommended courses of action the Federal Trade Commission has provided on the breach, please click here.

    If you would like to place a security freeze on your Equifax credit information, please visit www.freeze.equifax.com/Freeze and follow the instructions provided.

    This is being provided for informational purposes only. Orange Bank & Trust Company is not making recommendations of action or inaction, it is important for you to consider what may be the best option for you.

  • Easter Holiday Phishing Scams and Malware Campaigns

    As the Easter holiday approaches, US-CERT reminds users to stay aware of holiday scams and cyber campaigns, which may include:

    • Unsolicited shipping notifications that may actually be scams by attackers to solicit personal information (phishing scams),

    • Electronic greeting cards that may contain malicious software (malware),

    • Requests for charitable contributions that may be phishing scams or solicitations from sources that are not real charities, and

    • alse advertisements for holiday accommodations or timeshares.

    US-CERT encourages users and administrators to use caution when reviewing unsolicited messages. Suggested preventive measures to protect against phishing scams and malware campaigns include:

    • Do not click web links in untrusted email messages.

    • Refer to the Shopping Safely Online Tip.

    • Use caution when opening email attachments. Check out the Using Caution with Email Attachments Tip for more information on safely handling email attachments.

    • Review the Federal Trade Commission's page on Charity Scams. Use the links there to verify a charity’s authenticity before you donate.

    • Read the Avoiding Social Engineering and Phishing Attacks Tip.

    • Refer to the Holiday Traveling with Personal Internet-Enabled Devices Tip for more information on protecting personal mobile devices.

    Link to article

  • Orange County Bancorp, Inc. Declares Cash Dividend

    MIDDLETOWN, NY-- 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.

    About Orange County Bancorp, Inc.

    Orange County Bancorp, Inc. (the “Company”) is a Delaware corporation and a bank holding company is headquartered in Middletown, NY.

    The Company stock trades on the OTC Pink Sheets under “OCBI.”

    About Orange Bank & Trust Company

    An independent community bank founded 124 years ago, Orange Bank & Trust now has assets of over $900 million. In recent years, Orange Bank & Trust has added branches and expanded into Rockland, Westchester and Dutchess Counties.  While growing, OB&T has continued to focus on providing community-based banking, based on personal relationships, for businesses, organizations and individuals.

    Information in this release relating to the Company’s future prospects which are forward-looking statements involve risks and uncertainties that could cause actual results to differ materially, including, but not limited to, the following: (1) operating, legal and regulatory risks, such as continued levels of loan quality and origination volume, continued relationships with major customers and technological changes; (2) economic, political and competitive forces affecting our banking business, such as changes in economic conditions, especially in our market area, interest rate fluctuations, competitive product and pricing pressures within our market, personal and corporate bankruptcies, monetary policy and inflation; (3) our ability to grow internally or through acquisitions; and (4) the risk that management’s analyses of these risks and forces could be incorrect and/or that the strategies developed to address them could be unsuccessful. Forward-looking statements may be identified by the use of words such as “expects,” “believe,” “will,” “intends,” “will be” or “would.” Orange County Bancorp, Inc. assumes no obligation to update the forward-looking information in this announcement, except as required under applicable law.

    Orange County Bancorp, Inc.
    Timothy S. McCausland

    SVP & Corporate Secretary
    tmccausland@orangebanktrust.com

  • The Local Live #134 Willow Gardens Memory Care 9-22-16

  • United Way Holds Campaign Kick-Off Breakfast Honoring Community and Civic Leaders, Michael Gilfeather and Sheila Appel

    United Way of the Dutchess-Orange Region kicked off the 2016 Campaign for the Common Good on Thursday, September 15th. United Way President & CEO Jeannie Montano noted that, “We’ll be celebrating our community and its leaders and will learn how we can continue to make positive change through support of United Way and its initiatives.” She went on to state that with the continued support of the community, “United Way helps more than 101,000 individuals each year.”


    A committee of community and civic leaders selected this year’s two Community Champion honorees, Sheila Appel of IBM and our very own, Michael Gilfeather of Orange Bank & Trust Company, for their service to the community and leadership of their respective United Way campaigns
    In addition to presentations to the honorees by Dutchess & Orange County Executives, Marcus Molinaro and Steven Neuhaus, there were discussions by three nonprofit partner leaders. Executive Officer of Family Services, Brian Doyle; Executive Director of Mental Health America Dutchess County, Andrew O’Grady, LCSW-R; and Executive Director of Safe Homes of Orange County Kellyann Kostyal-Larrier. Each explained how the support by the community through United Way of their respective programs makes a daily and visible difference in peoples’ lives.

  • Orange Bank and Trust Company was the Corporate Sponsor of the New York State Bar Association's May CLE Program in White Plains

    White Plains, NY - Orange Bank and Trust Company, a division of Orange County Trust Company was the corporate sponsor of the New York State Bar Association's (NYSBA) May CLE program titled, Utilizing Supplemental Needs Trusts, which was held at the Elmwood Country Club on May 12. The Bank was represented by SVP's, Timothy McCausland and Trust Services Director, Kate Maloney. The program addressed the issues faced by attorneys practicing in the Supplemental Needs Trusts (SNTs) area, including an overview of how SNTs can be used, practical tips on effectively drafting SNTs, and an examination of the types of SNTs to use in different situations. For information on NYSBA's upcoming events, please visit:

  • Orange County Trust Company is the primary lender on $4 million solar farm

    Mid-Hudson News Network, a division of Statewide News Network, Inc.Corrugated box manufacturer installs $4 million solar farm

    TOWN OF WALLKILL - A company that manufactures corrugated shipping containers is installing a $4.2 million solar farm that will power 30 percent of its operations in the Town of Wallkill. The General Electric installation is partially funding through NYSERDA%u2019s NY-SUN Incentive Program. Orange County Trust Company is the primary lender on the project. http://www.midhudsonnews.com/News/2015/May/30/PresCntr-30May15.html

  • Orange County Trust and Local Businesses Salute Career and Technical Education Outstanding Students

    On Tuesday, June 2, 2015 the education and business communities came together to celebrate thirty-two students who excelled in all aspects of their CTE education- theory, practical skills and work-based learning - at the OU BOCES Career and Technical Education Center. The first annual Outstanding Career and Technical Education Students' Recognition Dinner was held at the Villa Venezia in Goshen, where the students, their families, their CTE instructors, guidance counselors and administrators and home school administrators joined them to commend their hard work, dedication, skills and accomplishments. The dinner was the brainchild of Michael Gilfeather, President and Chief Executive Officer of the Orange County Trust Company who reached out to his business colleagues throughout Orange County to join him in supporting and celebrating the achievements of the Career and Technical Education students. He received an overwhelming response from the business community with thirty-six businesses and individuals contributing to the event. Not only were the students and their guests treated to a wonderful dinner, but Orange County Trust also gave each honoree a free checking account for two years, and seeded it with $50 that will hopefully grow as these talented young people progress into successful careers. For more information visit: http://ouboces.org/

  • Orange County Trust Hosts Lunch & Learn

    Orange County Trust Company hosted a special Business Banking Lunch & Learn for Judelson, Giordano & Siegel, CPA, P.C. today to discuss the mutual resources available at each firm and the ways in which the market is changing for their customers and clients.

  • Philanthropist, SUNY Orange supporter Morrison, 81, dies

    Friends and business associates Wednesday were mourning John H. Morrison III, longtime Orange County Trust chairman, scion of a prominent Middletown family, philanthropist, and tireless supporter of SUNY Orange.Morrison, who was 81, died Tuesday at his home in Warwick. He was Orange County Trust chairman from 1985-2012. The Morrison family is well-known, especially for its long association with SUNY Orange. For more information please visit: http://www.recordonline.com/article/20150930/NEWS/150939913

  • Orange County Trust Company was the Gold Sponsor of the annual Attorney, Banker, CPA Networking Event

    Middletown, NY - 2013 Orange County Trust Company was the Gold sponsor of the annual Attorney, Banker, CPA Networking Event hosted by the Mid-Hudson Chapter of the NY State CPA Society on November 4th at Anthony- 2019s Pier 9. The event featured, as its speaker, Marv Levy, Pro Football Hall of Fame coach of the Buffalo Bills.

  • Orange County Trust Company to sponsor informational workshop targeted at Manufacturing and Technology Companies

    MIDDLETOWN, N.Y. (January 20, 2016) - The internationally acclaimed standard for Quality Management, ISO 9001 has been revised to ensure it remains relevant to the business issues and challenges which organizations face today. To help these businesses understand more about the changes, Hudson Valley Technology Development Center (HVTDC) will run an informational program to update them on the changes affecting the system. Orange County Trust Company will be the premier sponsor of the workshop which will be held on March 18th, 2016 from 9:30am- 11:30am at the Larkin Conference Room, 33 Airport Drive, New Windsor, NY. Join Co-Founder and President of E-Prism Solutions, Chuck Mitman, for a workshop addressing these critical issues. Key topics to be reviewed include:

    • ISO 9001:2015: What is changing?
    • The New ISO Annex SL platform
    • ISO 9001:2015 & risk management
    • Documentation under ISO 9001 2015
    • How ISO 9001:2015 may change the way you do business

    ISO 9001:2015 training and overview courses HVTDC provides hands on support & growth services to small & mid-sized manufacturers & early stage technology companies by delivering high quality, cost beneficial technical & management services. HVTDC improves the competitiveness of existing small businesses & advances the development of new business opportunities through the application of innovative, cost-effective techniques and tools.