Putnam EDC Welcomes Member Tompkins Mahopac Bank to Website

August 29, 2018

Contact: Jill M. Varricchio
40 Gleneida Ave, Ste. 310, Carmel, NY 10512


Carmel, NY, August 29, 2018 — “Putnam EDC Welcomes Member Tompkins Mahopac Bank”

The Putnam County Economic Development Corporation is proud to announce its newest Investor Member, Tompkins Mahopac Bank. Tompkins Mahopac Bank has served Putnam, Dutchess and Westchester counties for more than 80 years, and supports the PEDC’s mission to bring balanced economic growth to Putnam County as a part of its Synergies for Success Investor Program.

Tompkins Mahopac Bank, part of Tompkins Financial Corporation, has personalized service, local decision-making and a broad range of services for consumers and businesses. Wealth management services are provided through the offices of Tompkins Financial Advisors. Whether you prefer branch or remote mobile banking, Tompkins provides the breadth of services and local decision-making to make what’s possible a reality.

For more information on Tompkins Mahopac Bank please visit www.mahopacbank.com.

“The Putnam EDC is excited to partner with Tompkins Mahopac Bank; this is a timely investment as we continue to expand our marketing.” States Putnam EDC President Jill Varricchio.

The Putnam EDC’s Synergies for Success Investor Program supports the measurable return of member dollars. The creation of new jobs and retention of existing jobs impacts every citizen, municipality, and business in Putnam County and the Hudson Valley. Dollars spent and circulated as a result of those jobs increases spending power, thus mitigating tax rateables. As key factors in our local economy the Putnam EDC office strives to support these outcomes by target marketing developers and site selectors, while collaborating within each municipality and the broker community.

Through the support of its members, the Putnam EDC will be able to continue its on-going marketing campaign to promote balanced economic growth. In 2018 the PEDC is proud to facilitate the application of the anticipated $100 million Distillery that will bring 60-100 jobs to the Carmel location and generate additional tourism related revenue as it will become a tourist destination in the near future.

About the Putnam Economic Development Corporation

The Putnam County Economic Development Corporation acts as the primary facilitator connecting local resources with opportunities to deliver economic growth. We work to cultivate and expand existing business as well as promote commercial real estate to attract new business. We market county assets such as proximity to New York City, its Metro North transit links, its infrastructure and highly skilled work force. We advocate for development projects among municipalities and planning boards to ensure the growth of our county’s tax base. We educate and assist local nonprofits, small businesses and municipalities with incentive and grant programs from New York State, utility companies and other funding sources. We strive for balanced growth throughout the county to meet the needs of our broad audience.