November 02, 2007

Approval of proposal by KeyCorp

For immediate release

The Federal Reserve Board on Friday announced its approval of the proposal by KeyCorp, Cleveland, Ohio, to acquire U.S.B. Holding Co., Inc., Orangeburg, and thereby indirectly acquire its subsidiary, Union State Bank, Nanuet, both of New York.

Attached is the Board's Order relating to this action.

Last Update: November 02, 2007