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Hudson City Savings Bank Responds To Impact Of Hurricane Sandy

Stocks in this article: HCBK

PARAMUS, N.J., Nov. 1, 2012 /PRNewswire/ -- Hudson City Bancorp, Inc. (NASDAQ: HCBK) (the "Company"), the holding company for Hudson City Savings Bank (the "Bank"), reported today that in the aftermath of Hurricane Sandy, the Bank has reopened 75 branches with full banking services and normal business hours.  Approximately 55 branches are without power and/or telephones but are staffed and are providing limited service and hours to meet customers' emergency needs.  Only 5 branches remain unable to open.  The Bank has a total of 135 banking offices in New Jersey, New York and Connecticut.  For those customers that are unable to access our branch offices, the Bank's internet banking service is available and was unaffected by the hurricane.

For the most up-to-date information on branch openings and closings or to find the branch nearest you, please see our website or call 201-967-1900.

Ronald E. Hermance, Jr., the Company's Chairman and Chief Executive Officer commented, "We recognize that the extraordinary hardship many of our customers are experiencing should not be compounded with difficulties accessing their basic banking services.  As our customers, employees and communities begin to recover from Hurricane Sandy, please be assured of our support.  For our Hudson City customers, we will be waiving, through November 6, 2012, overdraft fees, fees for using a non-Hudson City ATM, although the company that owns the ATM may charge you a fee, and late fees on any November loan payments.  We hope that your life will return to normal quickly, but we know that for some in our local communities it will take a long time to recover from Hurricane Sandy." 

Mr. Hermance continued, "We are fortunate to have minimal damage to our branch network with only ­­1 branch having significant flooding.  The remaining branches that are currently providing limited service will be able to resume normal business operations when power is restored in the communities in which they are located."

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