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Hudson Myers
Hudson Myers

Hudson City Savings Bank [HOT]



Hudson City Bancorp, Inc., based in Paramus, in the U.S. state of New Jersey, was a bank-holding company for Hudson City Savings Bank, its only subsidiary, then the largest savings bank in New Jersey and one of the oldest banks in the United States, with US$50 billion in assets. It is now a fully publicly held entity and a member S&P 500 stock market Index. In 2005, its US$3.93 billion secondary offering of common stock was the largest in United States banking history. At the time, it was also the seventh largest domestic public offering in United States history [1] The bank avoided the excesses of the housing boom and was labeled "best bank of 2007" by Forbes.[2] M&T Bank agreed to acquire Hudson City on August