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.
“The appointment of Greg supports the institution’s overall expansion strategy into Westchester and Rockland counties. We wanted to identify a significant business leader in that market and Greg is the perfect fit,” said Lou Heimbach Chairman of the Board of Directors. “Greg brings diverse knowledge and a fresh viewpoint to the Board and we welcome his additional participation in overseeing the affairs of the Bank.”
“Greg has tremendous marketplace knowledge and as a former Board Member at Hudson Valley Bank he understands our high touch and professional business banking model. As we continue to expand our footprint into Hudson Valley, Greg has significant past experience and know how in facilitating that growth. We intend to draw on that knowledge as we enhance our Westchester and Rockland presence,” said Joseph A. Ruhl, Westchester Regional President. “I had the privilege of working with Greg during our mutual time together at Hudson Valley Bank. He is a highly respected business leader with considerable experience and expertise in community banking. Our entire team is thrilled to have him join us.”
“It is impressive to see the Bank’s growth within the lower Hudson Valley during the last few years, and the marketplace needs a community bank like Orange Bank and Trust” said Mr. Holcombe. “Professionals and businesses still value relationships and exceptional service when it comes to their banking needs. Orange Bank & Trust has been providing that to their clients for over 125 years. I am honored to join the Board of Directors and look forward to helping chart the course for future growth of the Bank.”
About Orange Bank & Trust Company
An independent community bank beginning with a dream of 14 founders 125 years ago, Orange Bank and Trust, through conservative banking practices, innovation and commitment to its community, now has assets approaching one billion. Orange Bank and Trust has branches in Orange, Rockland, Westchester and Dutchess counties. While growing, Orange Bank & Trust has continued to focus on providing community banking, based on personal relationships for businesses, organizations and individuals.