Out Migration Has a Heavy Cost for NY State and Hudson Valley
Data shows that from 1996-2021, the Hudson Valley region lost a net total of 146,763 people to out migration, which calculates out to 5% of the Hudson Valley’s population.
The Board of Directors of the Orange County Partnership reported that Michael Gilfeather, president and CEO of Orange County Bank & Trust, will serve as its 2020 chairman succeeding Robert Kaehler.
Gilfeather has served as president and CEO of Orange County Bank & Trust and the bank’s holding company Orange County Bancorp. Inc. since 2014. Prior to joining the bank, he served as chief administrative officer and executive vice president of Hudson Valley Bank. Previously, he was with the Bank of New York for 20 years, including serving as senior manager for all retail banking in Manhattan.
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