April 5, 2019
To Our Valued Customers,
2018 was a year of change as we began to bring Wallkill Valley Federal Savings & Loan and Hometown Bank of the Hudson Valley together as one. We have now completed our first full year of combined operation; we have our feet under us and so far, things are going well. We performed well in 2018 and we are looking forward to all 2019 has in store.
We are proud to continue our commitment to supporting some of the wonderful organizations that make our community stronger. We have continued to make donations to a variety of organizations within in the Hudson Valley including: The Community Foundation of Orange and Sullivan, The Denizen Theater, Community Foundation of the Hudson Valley, Hudson Valley Rib Fest, Big Brothers, Big Sisters and Mount Saint Mary College. We are looking forward to our sponsorship of the Kaplan-Larkin Golf Outing next month which will benefit the Newburgh Armory Unity Center. The NAUC has developed some wonderful programs for youth and we are certainly honored to be a small part of their mission.
As in past years, our unique approach to lending has allowed us to strengthen our relationships within the community. As a community bank that makes all decisions on loans within our four walls, what we are able to offer those who are shopping for a loan is strong. Our Commercial Lending Department is performing well and I contribute much of that to our amazing commercial lending team. It is extremely rewarding to watch businesses within our community grow. We look forward to the spring home buying season as mortgage rates remain near historic lows. Our streamlined processes make applying for a loan easier than ever before. Potential home buyers can now complete the entire mortgage application online!
Still on the horizon in 2019, is the launch of our new website. The new website will feature a clean, modern feel and is designed to be more user-friendly. We anticipate that visitors to our new site will be able to access all the items they need right at their fingertips. We can’t wait to share it with you!
In closing, I want to say that I have the best job. As president and CEO of Wallkill Valley Federal Savings and Loan, not only do I get to work each day with the best group of people, I get to spend much of my time getting to know our customers and gaining a better understanding of the needs within the communities I serve. Putting Community First and working to provide an ideal banking experience for our customers keeps me motivated each and every day.
Michael J. Horodyski
President and CEO