Past ~ Present ~ Future
Established in 1993 in Sullivan County NY, Catskill Hudson Bank opened its first branch in Monticello located in the heart of the Catskill Mountain Range. The stock is traded under the symbol CSKL. The direction and goal of Catskill Hudson Bank has been to maximize growth opportunities, by expanding its market beyond Sullivan County to Orange, Ulster, Saratoga and Albany Counties which has proven to be a successful and profitable strategy.
As we celebrate our 30th Anniversary in 2023, the Bank is comprised of eleven branches: nine in the Mid-Hudson Region and two in the Capital District. The opening of our new State-of-the-Art Monticello branch in March 2020 marked a milestone of us reinvesting in our Sullivan County roots. The Bank continues to offer traditional, online and mobile banking services to both consumers and
businesses. The introduction and success of our Residential Lending program established in 2018 known as "Simple Mortgage” has surpassed our expectations. We continuously seek investment opportunities in the communities we serve and are recognized as a reliable source for lending.
businesses. The introduction and success of our Residential Lending program established in 2018 known as "Simple Mortgage” has surpassed our expectations. We continuously seek investment opportunities in the communities we serve and are recognized as a reliable source for lending.
Due to the growth in several departments, we relocated in September 2023 to our new 11,000 sq. ft. Corporate Offices at 2511 Route 9 in Malta. The office is home to our mortgage department, lenders, HR, Compliance, Marketing, IT and some Executive Management. This second Corporate location in the Capital District allows us to better serve the expansive area that our Bank covers.
Our future plans have recently been made public with the announcement of a merger with Hudson Valley Credit Union. HVCU is a $7 billion financial cooperative with just over 1,000 employees and more than 355,000 members (customers) that is headquartered in Poughkeepsie. The closing is expected in the second half of 2024. The credit union offers financial services - everything from savings and loan products, to mortgages, credit cards, commercial accounts, wealth management,
and even auto, home and business insurance services. Our customers will have more opportunities to thrive with a financial partner that puts their well-being at the forefront – just as we have done for the past 30 years. Furthermore…The credit union is committed to retaining our employees. We are confident that the people you have come to rely on for years will continue to serve you as we move forward.
and even auto, home and business insurance services. Our customers will have more opportunities to thrive with a financial partner that puts their well-being at the forefront – just as we have done for the past 30 years. Furthermore…The credit union is committed to retaining our employees. We are confident that the people you have come to rely on for years will continue to serve you as we move forward.
Our two institutions share the same values. Both Catskill Hudson Bank and Hudson Valley Credit Union are deeply invested in the well-being of our employees, our customers, shareholders and the community at large. We see a bright future ahead.