Orange County Bancorp Inc., based in Middletown, New York, has received new credit ratings from KBRA. The company has been assigned a senior unsecured debt rating of BBB, a subordinated debt rating of BBB-, and a short-term debt rating of K3. Its main subsidiary, Orange Bank & Trust Company, received deposit and senior unsecured debt ratings of BBB+, a subordinated debt rating of BBB, and short-term deposit and debt ratings of K2. The outlook for all long-term ratings is stable, reflecting the bank's strong deposit franchise and conservative liquidity management.
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