Greene County Bancorp, Inc. Reports Strong Quarterly Earnings and Ranking as One of the Safest Banks in our Nation

Greene County Bancorp GCBC today reported net income for the nine months and quarter ended March 31, 2011. Net income for the nine months ended March 31, 2011 amounted to $3.9 million or $0.95 per basic share and $0.94 per diluted share as compared to $3.6 million or $0.88 per basic and diluted share for the nine months ended March 31, 2010, an increase of $289,000, or 8.0%. Net income for the quarters ended March 31, 2011 and 2010 amounted to $1.2 million or $0.30 per basic share and diluted share