BARDONIA, NY--(Marketwired - October 21, 2016) - Kenneth J. Torsoe, chairman of the board of directors of Greater Hudson Bank (the "Bank") (OTCQX: GHDS), announced that on October 20, 2016, the board of directors of the Bank declared a special cash dividend payable to holders of the Bank's common stock of five cents ($0.05) per share. The dividend will be paid on December 23, 2016 to stockholders of record on December 9, 2016.