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Greater Hudson Bank Establishes Partnership With First Tee of Metropolitan New York

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BARDONIA, N.Y., Aug. 22, 2018 (GLOBE NEWSWIRE) -- Greater Hudson Bank ("the Bank") (OTCQX:GHDS) has teamed up with The First Tee of Metropolitan New York to support the organization's mission to teach positive values through the game of golf.  The Bank has graciously donated $10,000.00 to The First Tee, a youth development organization focused on positively influencing the lives of young people and serving minority and underprivileged youth.

Greater Hudson Bank
Greater Hudson Bank presents The First Tee of Metropolitan New York with a check for $10,000.00



"The Bank is honored to have the opportunity to sponsor an outstanding organization such as The First Tee," explained Lynne Allan, EVP and Chief Operating Officer at Greater Hudson Bank.  "We believe in the work they dedicate themselves to and are confident in their ability to positively influence the youth they serve in a meaningful way.  We felt this was a perfect alignment with our core values as well as a great partnership to positively impact our community starting with local youth."

The First Tee of Metropolitan New York, founded in 2001 at Mosholu Golf Course in the Bronx, now includes five additional facilities, including Eisenhower Park, Fairchild Wheeler, Plainfield West 9, Golf Club at Chelsea Piers, and Weequahic Park.  The organization strongly believes in education, enrichment, and empowerment, offering a structured curriculum, mentoring programs, special events, and the tools young people need to succeed.

"We are thrilled to begin this new partnership with Greater Hudson," said Ed Brockner, Executive Director of the Metropolitan New York chapter at The First Tee.  "This generous donation from the Bank will help The First Tee continue to provide opportunities for education and growth to the youth in our community."

Greater Hudson Bank, founded in 2002, is a premier N.Y. community bank which specializes in providing customized banking services, SBA loans, commercial mortgages, and business lines of credit to Hudson Valley-based businesses, non-profits, and municipal agencies.  The Bank is chartered by the New York State Department of Financial Services and its deposits are insured by the FDIC.  As evidence of the Bank's financial strength, Greater Hudson Bank has been recognized with a superior rating by the country's leading independent bank rating and research firm, BauerFinancial, Inc.  Further information can be found on the Bank's website at GreaterHudsonBank.com or by calling 844-GREAT-11.

Contact: Joe Koza

Marketing and Public Relations Coordinator

(914) 610-3317

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/2ee60739-d10c-40f4-b2ed-9480068ce08d

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