Hudson City Savings Bank (FDIC certificate 13074) was established in 1868 and operates online. Mr. Denis J. Salamone, President of Hudson City Savings Bank, leads a team of 1465 employees.The bank's parent holding company, HUDSON CITY BANCORP, INC. is based in , .
Hudson City Savings Bank, headquartered in Paramus, NJ, is rated three and a half stars for financial strength by BauerFinancial, Inc., the nation’s leading bank rating firm. As a general rule, a three and a half star rating is “Good” and indicates that, among other things, this institution meets all federal capital requirements.
Hudson City Savings Bank is a savings association (thrift). With $35 billion in total assets, the OCC classifies the bank’s asset concentration as "Mortgage Lenders" which is defined as institutions whose residential mortgage loans, plus mortgage-backed securities, exceed 50 percent of total assets.
Trust powers have been granted to the bank which means it has the right to act as a trustee, executor, administrator, registrar of stocks and bonds, guardian of estates, or in any other fiduciary capacity allowed under the laws of the state in which it is located.
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