Greene County Bancorp, Inc. and the Bank of Greene County (Catskill, Ny) Appoint Stephen E. Nelson as Director to Its Board, Effective April 20, 2021
March 19, 2021 at 03:23 pm EDT
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On March 16, 2021, Stephen E. Nelson was appointed to the Board of Directors of Greene County Bancorp, Inc. and its subsidiary, The Bank of Greene County. Mr. Nelson’s appointment will become effective April 20, 2021. There are no arrangements or understandings between Mr. Nelson and any other person pursuant to which Mr. Nelson became a director.
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.
GREENE COUNTY BANCORP, INC. 