This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

In Memoriam: William E. Griffin, Founder And Former Chairman Of Hudson Valley Bank

Stocks in this article: HVB

YONKERS, N.Y., Sept. 7, 2012 /PRNewswire/ -- The Directors, Management and staff of Hudson Valley Bank mourn the loss of William E. Griffin, a founder of the Bank and the longest serving Chairman of the Board, who passed away September 1, 2012.

(Photo: http://photos.prnewswire.com/prnh/20120907/NY70400 )

Mr. Griffin retired as Chairman in May, 2012, after 22 years but stayed on as an active member of the Board. "He was a remarkable man and an extraordinary leader, who guided the bank's impressive growth and success over the past 40 years," said James J. Landy, the former President and Chief Executive Officer, who succeeded Mr. Griffin as Chairman. "He leaves an indelible legacy and will be missed by the entire Hudson Valley family and the community."

A building at Hudson Valley headquarters in Yonkers was named the "Griffin Pavilion" in his honor following his retirement as Chairman in the Spring.

His obituary can be viewed at: http://www.legacy.com/obituaries/lohud/obituary.aspx?n=william-e-griffin&pid=159633896#fbLoggedOut

An attorney, founder and president of the successful law firm, Griffin, Coogan, Blose and Sulzer in Bronxville, Mr. Griffin was one of 10 local businessmen who founded Hudson Valley Bank in Yonkers in 1972. "Through his vision, inspiration and hands-on leadership, he was truly the backbone of the bank as it grew from merely an idea to a major financial institution," said Stephen R. Brown, current President and Chief Executive Officer.  "As a result, we are well poised to build on the solid foundation he created, while looking ahead to assure the continued success of the bank he founded."

Under Mr. Griffin's Chairmanship starting in 1990, Hudson Valley grew from an approximately $400 million company with 10 branches to a more than $2.8 billion company. The bank today has 36 branches and has expanded its reach from its Yonkers roots throughout Westchester, Rockland, New York City and Connecticut.

"He was an astute and singular leader, who never wavered from the bank's founding principles of providing quality products and service for local businesses and individuals in the communities we serve," Mr. Landy said.  "He provided counsel, direction and motivation to create a bank responsive to the needs of the local community."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,672.60 -141.38 -0.79%
S&P 500 2,051.82 -11.33 -0.55%
NASDAQ 4,757.8790 +7.4820 0.16%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs