Hudson Valley Holding Corp. is a bank holding company, which provides financial services through its wholly owned subsidiaries, Hudson Valley Bank, N.A (HVB) and New York National Bank (NYNB) (together with HVB, the Banks). HVB has 17 branch offices in Westchester County, New York; four in Manhattan, New York; two in Bronx County, New York; one in Rockland County, New York; one in Queens County, New York; one in Kings County, New York, and four in Fairfield County, Connecticut. NYNB has three branch offices in Manhattan, New York and two in Bronx County, New York. NYNB has three branch offices in Manhattan, New York and two in Bronx County, New York. The Company provides investment management services through a wholly owned subsidiary of HVB, A.R. Schmeidler & Co., Inc. (ARS), a money management firm.