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8-K - FORM 8-K - HUDSON CITY BANCORP INC | y88620e8vk.htm |
EX-99.2 - EX-99.2 - HUDSON CITY BANCORP INC | y88620exv99w2.htm |
Exhibit 99.1
FOR IMMEDIATE RELEASE December 17, 2010
CONTACT:
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Susan Munhall, Investor Relations | |
Hudson City Bancorp, Inc. | ||
West 80 Century Road, Paramus, New Jersey 07652 | ||
TELEPHONE:
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(201) 967-8290 | |
E-MAIL:
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smunhall@hcsbnj.com |
Hudson City Bancorp, Inc. Names Denis J. Salamone President
PARAMUS, NJ Hudson City Bancorp, Inc. (NASDAQ: HCBK) (the Company), the holding company
of Hudson City Savings Bank (Hudson City), the largest savings bank and one of the top 25 banks
in the United States named Denis J. Salamone as President. Mr. Salamone is the twelfth president
since the Banks founding in 1868.
According to Ronald E. Hermance, Jr., Chairman and Chief Executive Officer, Denis has been a
wonderful addition to our team. He joined the Company in 2001 as Senior Executive Vice President
and Chief Operating Officer and a member of the Board of Directors. During his tenure Hudson City
has grown its total assets from $11.43 billion at December 31, 2001 to $60.62 billion at September
30, 2010. Forbes named Hudson City among The Best-Managed Banks in America in 2007, 2008, and
2009 and Forbes added Hudson City to its Platinum 400 list of Americas Best Big Companies.
Denis is beginning his role as President during one of the most difficult and tumultuous
periods in the banking industry. We know that Denis has the experience, knowledge and skills
necessary to assist us in navigating these challenging times.
Prior to joining Hudson City, Mr. Salamone led a distinguished 26-year career as a Partner, Global
Financial Services Leader and member of the Board of PricewaterhouseCoopers, one of the largest and
most respected accounting firms in the world.
Mr. Salamone is an active member of his community. He serves on several boards including St.
Francis College and the Ridgewood YMCA as Chairman. His contributions truly reflect the impact of
community volunteerism.
Denis and his wife Joanne live in Ridgewood, New Jersey and are the proud parents of Steven and
Thomas.
* * *
Hudson City Bancorp, the holding company for Hudson City Savings Bank, maintains its corporate
offices in Paramus, New Jersey. Hudson City Savings Bank, a well-established community financial
institution serving its customers since 1868, is ranked in the top twenty-five U.S. financial
institutions by asset size and is the largest thrift institution headquartered in New Jersey.
Hudson City Savings currently operates a total of 135 branch offices in the New York metropolitan
and surrounding areas and its deposits are insured by the Federal Deposit Insurance Corporation.