Orange Bank & Trust Company

What Orange Bank & Trust Company does

Orange Bank & Trust Company is a state-chartered community bank founded in 1892 in Middletown, New York, and operating as the banking subsidiary of publicly traded Orange County Bancorp, Inc. (NASDAQ: OBT). The bank serves commercial, wealth management, and personal banking clients across the Hudson Valley region through 16 branch offices in Orange, Rockland, Westchester, and the Bronx counties, supported by mobile and online banking channels. Its core service lines are business banking (commercial lending, business checking/savings, and an integrated cash management suite including receivables, payables, information, and risk management), Orange Wealth Management (private banking, trust services, and investment advisory through wholly owned subsidiary Orange Investment Advisors, Inc.), and personal banking (checking, savings, mortgages, and home equity).

The bank's technology stack is built on conventional third-party banking infrastructure rather than proprietary platforms, integrating FIS for remote deposit and credit cards, Fiserv for credit card management, Centrix for Positive Pay, AvidXchange for Integrated Payables, SouthData for Print Mail, and Trust Reporter for trust administration. Mobile banking applications are available on iOS and Android. The bank is FDIC-insured (NMLS ID#441331) and emphasizes conservative banking practices, local decision-making authority, and industry-specific expertise for relationship-based commercial clients.

Revenue is generated primarily through net interest income on commercial real estate and business loans funded by $2.4 billion in deposits, with a net interest margin of 4.40% in Q1 2026 (up 45 basis points year-over-year). Non-interest income is derived from wealth management fees, trust administration, and treasury/cash management service charges. The bank recorded Q1 2026 net income of $11.3 million (+29.6% year-over-year) and EPS of $0.85, with total assets of approximately $2.6 billion. Leadership is headed by President and CEO Michael J. Gilfeather, Senior EVP Joseph A. Ruhl, and Executive VP and Chief of Credit Risk Management Orville Aarons.

Name

Orange Bank & Trust Company

Legal name

Orange Bank & Trust Company

Website

https://orangecountytrust.com

Company type

Private

Founded year

1892

Operating status

Operating

Headcount range

101–250 employees

Short description

Orange Bank & Trust Company is a 130-year-old Hudson Valley community bank offering commercial lending, cash management, wealth management, and personal banking through 16 branches and digital channels. It operates as a subsidiary of Orange County Bancorp, Inc. (NASDAQ: OBT) with approximately $2.6 billion in total assets.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Depository Credit Intermediation (5221), Trusts, Estates, and Agency Accounts (52592)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Bank-Affiliated Retail Wealth Management (FSAAAAAB)

Keywords

• Community banking
• Commercial lending
• Wealth management
• Cash management
• Personal banking

Headquarters

HQ city

Middletown

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Net Interest Income: Primary revenue stream from the spread between interest earned on loans (particularly commercial real estate and business loans) and interest paid on deposits. Net interest margin improved 45 basis points to 4.40% year-over-year, driven by higher loan yields and lower deposit funding costs.
2. Non-Interest Income: Fees and income from wealth management services including private banking, trust services, and investment advisory services through Orange Investment Advisors, Inc.
3. Dividends: Parent company Orange County Bancorp, Inc. declares cash dividends to shareholders. Declared $0.18 per share dividend payable June 15, 2026 to shareholders of record June 4, 2026.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Orange Bank & Trust Company is a community bank providing commercial lending, business banking, cash management, personal banking, and wealth management services to individuals, businesses, and municipalities across the Hudson Valley region of New York. The bank holds approximately $2.5 billion in total assets and operates 16 offices across Orange, Ulster, Sullivan, and Dutchess counties. Additional offerings include insurance services through subsidiary Orange Insurance Associates and trust and estate administration through the Wealth Management and Trust division.

Product overview

Orange Bank & Trust Company operates as a multi-channel banking platform offering three core service lines: Business Banking (commercial lending, business checking/savings, and cash management), Orange Wealth Management (private banking, trust services, and investments), and Personal Banking (retail checking, savings, mortgages, and personal loans). The bank serves commercial and retail clients through sixteen offices across four counties (Orange, Rockland, Westchester, and the Bronx) in New York, with total assets exceeding $2.5 billion. Digital banking services are delivered through online banking platforms and a mobile app available on iOS and Android.

Differentiator

Problem solved

Functional benefit

Brands

• Orange Wealth Management: Wealth management division offering private banking, trust services, and investments
• Orange Investment Advisors

Products and services

• Business Banking Full-service business banking offerings including checking, savings, lending, and treasury solutions tailored for small to mid-sized businesses, professional practices, and municipalities in the Hudson Valley region.
• Personal Banking Personal banking services for individuals and households including checking, savings, mortgages, consumer loans, and digital banking tools.
• Cash Management Treasury and cash management solutions for businesses and municipalities, including account management, online banking, and transaction tools.
• Commercial Lending Commercial lending products supporting small to mid-sized businesses, including commercial real estate loans and other business financing.
• Wealth Management and Trust Services Wealth management, trust, and estate administration services for individuals, families, and high-net-worth clients, provided through the bank's Wealth Management and Trust division.
• Insurance Services Insurance services - including niche municipal insurance - offered through the bank's wholly-owned subsidiary Orange Insurance Associates.

Quantifiable outcome

• Net interest margin of 4.40%, improved 45 basis points year-over-year
• +3 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature3 records

Scale indicators12 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• TrustCo Bank Corp NY: Upstate New York-based community bank with similar branch-based model, conservative underwriting, and focus on residential and commercial lending. Closely comparable in size, geography, and operating philosophy to Orange Bank & Trust.
• NBT Bancorp Inc. New York regional bank with comparable mix of commercial lending, business banking, and wealth management services. Operates in overlapping upstate and central NY markets with similar community banking focus.
• Evans Bancorp Inc. Western New York community bank offering commercial banking, wealth management, and insurance services. Similar size and asset profile to Orange Bank & Trust with comparable community banking model.
• Tompkins Financial Corporation: Upstate New York-based bank holding company with similar business banking, wealth management, and consumer lending lines. Comparable geography and customer segments to Orange Bank & Trust.
• Chemung Financial Corporation: New York regional bank operating Chemung Canal Trust Company with similar branch-based model, wealth management division, and focus on commercial and consumer banking. Highly comparable in scale and operating footprint.
• Community Bank System, Inc. New York-based regional bank with branch network across upstate NY and Pennsylvania. Directly comparable in business model and customer focus, though materially larger in scale.
• Berkshire Hills Bancorp: Northeast community bank with similar size profile offering commercial, consumer, and wealth management services. Comparable mid-sized regional banking franchise serving similar customer demographics.
• ConnectOne Bancorp, Inc. Mid-sized regional bank with comparable commercial banking, wealth management, and private banking focus. Similar size and business mix to Orange Bank & Trust, serving commercial clients in Northeast markets.

Broad incumbents

• M&T Bank Corporation: Large regional bank with significant presence across New York State, including Hudson Valley markets where Orange Bank & Trust operates. Competes for the same commercial and consumer customers but at much greater scale with broader product set.
• KeyCorp: Major regional bank with New York operations competing for commercial and consumer relationships in markets overlapping Orange Bank & Trust's footprint. Operates as broad incumbent with full-service capabilities well beyond community bank scope.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/OrangeBankTrust
• LinkedInlinkedin.com/company/orange-bank-trust-company

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries2 records

Funding overview

Funding rounds3 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Orange Bank & Trust Company