SHG Provides Annual ESOP Valuation Services to Bank of Richmondville

SHG is pleased to announce that it provided an ESOP valuation analysis for The Bank of Richmondville, Inc. for its Board of Directors, management, and advisors, specifically for annual ESOP reporting purposes.

About The Bank of Richmondville: The Bank of Richmondville is an independent community bank with a rich history, serving Schoharie County, New York. It operates branches in Richmondville, Cobleskill, and Schoharie. The Bank has shown significant growth, with total assets exceeding $100 million and over $10 million in capital, and employs 38 local staff members. As of March 31, 2025, their total assets stood at $185,019,207. The Bank requires annual valuations and has been a valued client of SHG since 2010.



For more information, you can visit the Bank of Richmondville website