MIDDLE ATLANTIC

Hudson Valley Bank, Yonkers, N.Y., has appointed Vincent T. Palaia, Stephen R. Brown, and Joseph L. Bellini as the bank's new executive management team.

All three report to John N. Finnerty, president and chief executive officer.

Mr. Palaia remains executive vice president and chief lending officer, a post he has held since 1996. He oversees the loan portfolio, and heads credit quality, loan portfolio administration, and support and loan operations.

Mr. Brown, senior vice president and chief financial officer, was promoted to executive vice president, and was also named chief operating officer. His new responsibilities are in operations, management information systems, and municipal relations.

Mr. Bellini, who was a senior vice president, was promoted to executive vice president and head of strategic relationships and sales. He is responsible for the development of new strategic business. He joined the bank in 1996 as head of the general business segment.

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