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President's Message
Ronald E. Hermance

Welcome to our website! I hope that you share our excitement in the value provided by our presence on the World Wide Web. We have a full suite of Internet banking services on our site. Customers may check balances, transfer funds between eligible accounts, and obtain account histories.

We even offer the ability to pay bills electronically. This service is a low-cost way in which to organize a time-consuming chore. Customers who elect to open our new High Value Checking account will receive the service free of charge!

We recently have been honored. According to American Banker, the premiere newspaper for the banking industry, Hudson City Savings Bank was named the most efficient bank in the nation, among the largest 500 US bank holding companies for first quarter of this year. This honor comes right on the heels of being listed among the top 500 companies in America by Forbes as well as earning a number one rating in the nation for asset quality among top banks by Keefe, Bruyette & Woods, Inc.

How does that translate into value? Simply put, because we watch our bottom line, we're able to provide greater value to our customers and shareholders. This honor is a tribute to all of our employees who work very hard to consistently offer outstanding customer service, lower fees, and better annual yields.

As you may have noted, we are emphasizing values in all shades of the word's meaning: economic value to our shareholders and customers, the social values reflected in our commitment to the communities that we serve, and the value of personal worthiness that we support in our employees. We will continue this emphasis into the coming years, holding to our values in all that we do.

Digital Insight, an Intuit company