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Orange County Bancorp Directors Re-elected

FOR IMMEDIATE RELEASE 

Orange County Bancorp Directors Re-elected

 

Middletown, NY (May 21, 2020) – The shareholders of Orange County Bancorp, Inc. (the “Company”) held their annual meeting on May 19, 2020. As part of their precautions regarding COVID-19 and the orders limiting gatherings of people the annual meeting was held in part by means of remote communication.

Elected to serve three year terms were directors and fellow shareholders, Michael Gilfeather, Susan Metzger, and Richard Rowley 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, David DeWilde, William Morrison, Virginia Rizzo and Jonathan Rouis.

 “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 approved the appointment of Crowe LLP as the Company’s independent accounting firm for 2020.

Separately, on May 15, 2020, 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 15, 2020 to shareholders of record as of June 2, 2020.

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