Greene County Bancorp, Inc. Appoints Paul Slutzky as Chairman of the Board of Directors
November 20, 2020 at 09:14 am EST
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Greene County Bancorp, Inc. announced that the Board of Directors has appointed Paul Slutzky to serve as Chairman of the Board. Mr. Slutzky will be succeeding Martin Smith, in a planned retirement transition following Mr. Smith’s announced plan to retire from the Board. Mr. Smith had served on the Board of Directors since 1993, and was named Chairman in 2005. Mr. Slutzky joined the Bank’s Board of Directors in 1992. Mr. Slutzky is a former co-owner of Hunter Mountain Ski Area and affiliated companies. He is also retired from I. & O. A. Slutzky, Inc., a general construction company. Mr. Slutzky brings over 40 years of valuable business and leadership skills, financial acumen, and many other qualities that are beneficial to the Board.
Greene County Bancorp, Inc. operates as the holding company of The Bank of Greene County (the Bank). The Bankâs principal business consists of attracting retail deposits from the general public in the areas surrounding its branches and investing those deposits, together with funds generated from operations and borrowings, primarily in residential mortgage loans, commercial real estate mortgage loans, consumer loans, home equity loans and commercial business loans. In addition, The Bank invests a significant portion of its assets in state and political subdivision securities and mortgage-backed securities. The Bank offers investment alternatives for customers. The Bank operates a subsidiary, Greene County Commercial Bank, which receives deposits only to the extent of accepting for deposit the funds of the United States and the state of New York and their respective agents, authorities and instrumentalities, and local governments. The Bank also operates a real estate investment trust.