"We're so excited to announce that New York State Comptroller Thomas P. DiNapoli and Department of Financial Services Superintendent Adrienne A. Harris have approved our Red Hook Branch as a Banking Development District (BDD) and deposited $10 million in public funds to our bank!

As a community bank in New York, opening our Red Hook branch was a major win for us and the Red Hook community. We're committed to offering affordable and inclusive NY banking solutions to every New Yorker, and as the first bank in Red Hook in over 10 years, we're doing just that. Receiving the BDD designation is another celebratory moment for us. The Department of Financial Services administers this program and supports the establishment of bank and credit union branches in areas across New York State where there is a demonstrated need for banking services."