Lender execs to ring Nasdaq bell

Bank of Greene County marks 135th anniversary

CATSKILL — Executives from Greene County Bancorp will ring the Nasdaq stock exchange’s closing bell on Monday, Jan. 22 in New York City’s Times Square.

That day marks the bank’s 135th anniversary — and 2024 marks their 25th year as a publicly traded company on Nasdaq.

“We’re grateful to all of the people who have contributed to the company’s remarkable growth since our humble little bank in upstate New York went public in 1999,” said President & CEO Donald Gibson. “Importantly, we have remained good stewards of the communities we serve while surpassing one performance milestone after another.”

The bank has grown dramatically over the last 25 years, expanding from four branches in Greene County to 18 spread across New York’s Hudson Valley and Capital Region.

Its assets in 2023 stood at more than $2.6 billion, up from $151 million in 1999.

The bank has also launched commercial and municipal lines of business, as well as investment services and private banking.

“I like to say that we’re the little bank that could, that has, and that will,” said Gibson. “What makes our achievements especially significant is that we’ve never lost our community banking focus. No mergers or acquisitions … just hardearned organic growth.”

Bank of Greene County is the primary banking subsidiary of Greene County Bancorp, with headquarters in Catskill. The bank was founded on Jan. 22, 1889. Bank officers, directors and guests are expected to attend the bell-ringing ceremony in New York City.

As of Tuesday morning, their stock was trading at $27.01. It has varied between $17.50 and $36.78 over the past 52 weeks, according to the Marketwatch stock website.