Hudson City Bancorp Inc.

Public Company, Headquarters Location
W 80 Century Rd., Paramus, NJ 07652-1405, United States
(201)967-1900, http://www.hcsbonline.com

Primary SIC: Savings Institutions Not Fed Chartered, Primary NAICS: Savings Institutions
Description: Hudson City Bancorp, Inc., is a Delaware corporation organized in 1999, and serves as the holding company of its only subsidiary, Hudson City Savings Bank. Hudson City Bancorp's executive offices are located in Paramus, NJ. The company also conducts operations through branches in New York, Connecticut, and New Jersey. Hudson City Bancorp is a community- and consumer-oriented retail savings bank that offers traditional deposit products, residential real estate mortgage loans and consumer loans. In addition, they purchase mortgages and securities. The company's loan portfolio consists of one-to four-family residential first mortgage loans, multi-family and commercial mortgage loans, construction loans and consumer loans. Hudson Bancorp does not originate or purchase sub-prime loans, negative amortization loans or option ARM loans. Their primary lending emphasis is the origination and purchase of first mortgage loans. The company's primary sources of funds are customer deposits, borrowings, scheduled amortization and prepayments of mortgage loans and mortgage-backed securities, maturities and calls of investment securities and funds provided by operations. Hudson Bancorp currently offers passbook and statement savings accounts, interest-bearing transaction accounts, checking accounts, money market accounts, time deposits, IRA accounts and qualified retirement plans.Finance: Bank holding company for a saving bank.