Hudson Valley Bank in Yonkers, N.Y., has rehired George E. Dunkel as executive vice president of new business initiatives.

Mr. Dunkel had worked at Hudson Valley from 1985 to 1989 as a marketing officer, branch administrator, and finally senior vice president. He left to become president and CEO of State Bank of Westchester. Since 1993 he had been president and chief executive officer of $48 million-asset Community Bank of Sullivan County in Monticello, N.Y.

Hudson Valley, which has $1 billion of assets, also hired Edward Harvey as senior vice president and portfolio manager.

Mr. Harvey will be in charge of the bank's commercial loan portfolio. He came to Hudson Valley from Fleet Bank, where he was a portfolio manager. Earlier he was chief credit officer at Bank of Hudson.

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