• Mon. Mar 4th, 2024

Century-Old Bank of Greene County Celebrates 25th Year on Nasdaq with State Recognition

ByEditor

Feb 12, 2024
Bank of Greene County Receives Historic Business Designation – Daily Freeman

The Bank of Greene County has been designated as part of the New York Historical Business Preservation Registry. This recognition was sponsored by Senator Michelle Hinchey, D-Saugerties, and established by the state Legislature in 2020. The purpose of the registry is to honor and promote New York businesses that have been operating for at least 50 years and have made significant contributions to the history of their community.

The bank was honored with a special event at the Nasdaq Stock Exchange on Monday, Jan. 22, where about 75 bank officers, directors, and guests helped to ring the closing bell. This celebration marked the bank’s 135th anniversary and its 25th year of being listed on the Nasdaq stock exchange.

Senator Michelle Hinchey commended the Bank of Greene County, saying “The Bank of Greene County is truly an exceptional example of a community-minded institution. Over its impressive 135-year history, it has not only endured but continuously adapted to meet the needs of its communities.”

Donald Gibson, president and CEO of the Bank of Greene County expressed his excitement about the bank’s recent accomplishments, including raising interest rates on its e-checking account and e-savings account and being added to New York State Historic Business Preservation Registry. He said “This has been an incredible year for our bank and we are looking forward to celebrating this momentous occasion.”

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