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Bank News

Orange County Trust Company is pleased to announce Gerard A. Perri has joined the bank as Senior Vice President and Chief Financial Officer. Gerard will oversee all aspects of the Accounting Department and will head the Asset and Liability Management Committee.
Orange County Trust Company has recently acquired Hudson Valley Investment Advisors, an investment advisory firm located in Goshen, NY. This acquisition will provide combined assets, skill-sets, resources, and expertise — adding value to every client relationship.
Orange County Trust Company has named long-time community leader, Louis Heimbach, as Chairman of its Board of Directors. A board member of Orange County Trust since 1990, Heimbach has seen the Bank grow from a $100 Million financial institution to the almost $700 Million bank it is today.
Orange County Trust VP Begins Graduate Banking Program Tim McCausland begins three-year Stonier Banking Program at the Wharton School in Philadelphia. Middletown, NY – June 21, 2012 – Earlier this month, along with over 200 bank professionals from around the country and the world, Orange County Trust Company Vice President Tim McCausland completed his first-year classroom sessions at the Stonier Graduate Banking Program.
SUNY Orange Foundation, a financial resource partner of Orange County Community College, recognized Orange CountyTrust with its Leadership in Business Award at their sixth annual Leadership Awards.
2011 award winners from L. to R.: Alan Seidman for the Orange County Partnership, Business Leadership; Karen Miller, Alumni Leadership; Terry Saturno for Orange County Trust Company, Business Leadership; Dr. William Richards, Education Leadership.
Habitat for Humanity of Greater Middletown will begin rehabilitating the aged Middletown building in spring, 2012. The new owner has already been chosen.
Mary Ellen Rogulski, the Bank's SVP/Senior Lending Officer, giving home keys to Habitat for Humanity of Greater Middletown President, Pauline Beall.
Orange County Trust Company has launched an educational effort that emphasizes the value of a major airport in Orange County. The Stewart Airport Strike Force will build awareness of the economic impact of the airport while helping customers and colleagues to identify ways to use it as a resource.
Orange County Trust has completed the second floor of the Chester Branch. It is now available to non-profit organizations for meetings, seminars and conferences. It is a bright, attractive space with a small kitchen and enclosed stairway access, separate from the Branch area. Call our Branch Manager, Cathie Hunter, at 469-6282 for information and to reserve space.
Orange County Trust Company's 9th branch opened last year and is serving Southern Dutchess well. Kathy Bauer, Branch Manager of the Fishkill Branch, invites you to visit her at Route 9 and Main Street in Fishkill.
Along with eCards containing viruses, phishing, and spear phishing scams claiming to be from the IRS, Better Business Bureau, FedEx, the lottery, police agencies, and many others are showing up in the wild. These scams run year-round. Be aware that the criminal trend is not to target banks directly, but to target the customer base and have the customer compromise their bank, without knowing what is happening.

Did You Know?

Orange County Trust Company and General Electric were established the same year, 120 years ago in 1892.

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