GOUVERNEUR, N.Y., May 23 NY-Gouverneur-elects
GOUVERNEUR, N.Y., May 23 /PRNewswire-FirstCall/ -- The Board of Directors
of Gouverneur Bancorp, Inc. (Amex: GOV) announced today that Mr. Gregory
Langevin and Mr. Henry J. Leader have been elected to the position of Director
for Gouverneur Bancorp, Inc. and its wholly owned subsidiary, Gouverneur
Savings and Loan Association. The action was taken at the Board's regular
meeting held May 19, 2008.
Gregory Langevin, Logistics Manager at Newton Falls Fine Paper, LLC,
Newton Falls, NY, will serve the remainder of the term of Chairman Frank
Langevin following his retirement on August 31, 2008. Gregory will serve from
September 1, 2008 through the 2010 annual meeting. Gregory will be appointed
to serve on the Executive Committee, Audit Committee and the Asset Liability
Committee.
Mr. Henry J. Leader, Partner, Case and Leader, LLP, Gouverneur, NY, will
serve the remainder of the term of Robert J. Leader following his retirement
on October 31, 2008. Henry will serve from November 1, 2008 through the 2011
annual meeting. Henry will be appointed to serve on the Executive Committee
and Asset Liability Committee. In addition to his professional activities, he
is a member of the Gouverneur Foundation Board, Trustee of the Gouverneur EJ
Noble Hospital, Director of Gouverneur Nursing Home, and serves as counsel to
the towns of Antwerp, Edwards, Fowler, Pitcairn, Rossie and Russell, as well
as the villages of Edwards and Richville. He serves as Attorney for
Gouverneur Central School District, EJ Noble Hospital and the Village of
Gouverneur.
Founded in 1892, the Bank is a federally chartered savings and loan
association offering a variety of banking products and services to individuals
and businesses in its primary market area of St. Lawrence County and the
Alexandria Bay area located in Jefferson County.
The Company, which is headquartered in Gouverneur, New York, is the
holding company for Gouverneur Savings and Loan Association. Founded in 1892,
the Bank is a federally chartered savings and loan association offering a
variety of banking products and services to individuals and businesses in its
primary market area in southern St. Lawrence and northern Lewis and Jefferson
Counties in New York State.
Statements in this news release contain forward-looking statements as that
term is defined in the Private Securities Litigation Reform Act of 1995. These
statements are based on the beliefs of management as well as assumptions made
using information currently available to management. Since these statements
reflect the views of management concerning future events, these statements
involve risks, uncertainties and assumptions. These risks and uncertainties
include among others, the impact of changes in market interest rates and
general economic conditions, changes in government regulations, changes in
accounting principles and the quality or composition of the loan and
investment portfolios. Therefore, actual future results may differ
significantly from results discussed in the forward-looking statements due to
a number of factors, which include, but are not limited to, factors discussed
in the documents filed by the Company with the Securities and Exchange
Commission from time to time.
SOURCE Gouverneur Bancorp, Inc.
