HCBK (MM)

Hudson City Named Among BusinessWeek's Top Global Companies PARAMUS, N.J., Dec. 3 /PRNewswire/ -- BusinessWeek, one of the world's leading business publications publishes a highly anticipated Special Annual Report that ranks the top corporations both here and abroad. Hudson City Bancorp, Inc. the parent of Hudson City Savings Bank, the largest savings bank headquartered in New Jersey, was highlighted in the 2003 Top Global Companies issue. According to BusinessWeek, the top 1000 companies are ranked based on market capitalization. During the past few turbulent years marked by significant market volatility, Hudson City has managed to ride the downturn with sustained growth and record levels of profitability. This accomplishment falls right on the heels of being recognized by several other leading organizations. Crain's New York Business recently named Hudson City among the 100 Fastest-Growing Companies in the New York area. Hudson City was also named Top Performing Savings Bank In The Country by the 2003 Wall Street Journal Investment Scoreboard. The Bancorp's position recently soared to 360 in the most recent ranking of the Forbes 500, (a 133 spot jump in position from the previous year's 493), and according to American Banker, Hudson City is consistently named one of the Most Efficient Banks In The Country. Hudson City Bancorp Inc. (NASDAQ:HCBK) is the parent of Hudson City Savings Bank, a well-established community banking institution with a long-standing tradition of service excellence. It has 81 full service branches throughout 14 New Jersey counties, making it the largest savings bank headquartered in New Jersey with assets of nearly $16 billion. The Federal Deposit Insurance Corporation insures Hudson City Savings' deposits. DATASOURCE: Hudson City Bancorp Inc. CONTACT: Ralph Weeks, +1-201-987-1900, ext. 1352, or Lynn La Sala, +1-201-670-7600, both for Hudson City Bancorp Inc. Web site: http://www.hudsoncitysavingsbank.com/

Copyright