Hudson Valley set to branch out
Stamford Advocate,
By Business Editor Richard Lee, who can be reached at
rich.lee@scni.com or 964-2236.
After planting its flag in Stamford in December, New York state-based Hudson Valley Bank has announced plans to expand in Fairfield County and open branches in Fairfield, Greenwich and Westport.
Based in Yonkers, N.Y., Hudson Valley opened its first Connecticut branch in Stamford at 1055 Summer St., lured by the region's vibrant economy and abundance of small businesses and professional service firms...
...The Westport branch will open in a former TD BankNorth branch at 420 Post Road West, while the Greenwich branch will open on the fourth floor at 500 W. Putnam Ave. "We call it a business-banking branch. We developed this concept in New York City. Since we aren't a mass market bank, we don't need to be on the first floor. It's almost like a private banking office for business," Skuthan said....
"Lawyers have specific needs in terms of trust accounts and escrow accounts. Lawyers control a lot of money - millions daily for our clients," said Gold, whose specialty is corporate law and commercial finance.
Banks also like to work with lawyers, he said, to gain access to their high-net worth clients.
============================================Please send your comments and business reports to GreenwichRoundup@gmail.com
No comments:
Post a Comment