-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 MPzJmJZoVHLL1nqRuMLAdErWqLjogyLrA6YD9oajjknFO2vjnFG6dhDxeLqMUHrH
 bCfqevyFo4iafw3Ewcz/YQ==

<SEC-DOCUMENT>0001209191-03-016747.txt : 20030812
<SEC-HEADER>0001209191-03-016747.hdr.sgml : 20030812
<ACCEPTANCE-DATETIME>20030812172943
ACCESSION NUMBER:		0001209191-03-016747
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030808
FILED AS OF DATE:		20030812

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			HOLCOMBE MARIE A
		CENTRAL INDEX KEY:			0001119675

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-30525
		FILM NUMBER:		03838516

	BUSINESS ADDRESS:	
		STREET 1:		700 NEPPERHAN AVE.
		CITY:			YONKERS
		STATE:			NY
		ZIP:			10703
		BUSINESS PHONE:		9149696500

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			HOLCOMBE GREGORY F
		CENTRAL INDEX KEY:			0001191186

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-30525
		FILM NUMBER:		03838517

	BUSINESS ADDRESS:	
		STREET 1:		700 NEPPERHAN AVE
		CITY:			YONKERS
		STATE:			NY
		ZIP:			10702
		BUSINESS PHONE:		9149696500

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HUDSON VALLEY HOLDING CORP
		CENTRAL INDEX KEY:			0000722256
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				133148745
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		21 SCARSDALE ROAD
		CITY:			YONKERS
		STATE:			NY
		ZIP:			10707
		BUSINESS PHONE:		9149616100

	MAIL ADDRESS:	
		STREET 1:		21 SCARSDALE ROAD
		CITY:			YONKERS
		STATE:			NY
		ZIP:			10707
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>bny89301_bny001gmh.xml
<DESCRIPTION>MAIN DOCUMENT DESCRIPTION
<TEXT>
<XML>
<?xml version="1.0"?><ownershipDocument><schemaVersion>X0201</schemaVersion>    <documentType>4</documentType><periodOfReport>2003-08-08</periodOfReport><notSubjectToSection16>0</notSubjectToSection16><issuer><issuerCik>0000722256</issuerCik><issuerName>HUDSON VALLEY HOLDING CORP</issuerName>        <issuerTradingSymbol>HUVL</issuerTradingSymbol></issuer><reportingOwner><reportingOwnerId><rptOwnerCik>0001191186</rptOwnerCik><rptOwnerName>HOLCOMBE GREGORY F</rptOwnerName></reportingOwnerId><reportingOwnerAddress><rptOwnerCity>Yonkers</rptOwnerCity><rptOwnerState>NY</rptOwnerState><rptOwnerZipCode>10703</rptOwnerZipCode></reportingOwnerAddress><reportingOwnerRelationship><isDirector>1</isDirector><isOfficer>0</isOfficer><isTenPercentOwner>1</isTenPercentOwner><isOther>0</isOther></reportingOwnerRelationship></reportingOwner><reportingOwner><reportingOwnerId><rptOwnerCik>0001119675</rptOwnerCik><rptOwnerName>HOLCOMBE MARIE A</rptOwnerName></reportingOwnerId><reportingOwnerAddress><rptOwnerStreet1></rptOwnerStre
et1><rptOwnerStreet2></rptOwnerStreet2><rptOwnerCity>YONKERS</rptOwnerCity><rptOwnerState>NY</rptOwnerState><rptOwnerZipCode>10703</rptOwnerZipCode><rptOwnerStateDescription></rptOwnerStateDescription></reportingOwnerAddress><reportingOwnerRelationship><isDirector>0</isDirector><isOfficer>0</isOfficer><isTenPercentOwner>1</isTenPercentOwner><isOther>0</isOther></reportingOwnerRelationship></reportingOwner><nonDerivativeTable><nonDerivativeTransaction><securityTitle><value>Common Stock</value></securityTitle><transactionDate><value>2003-07-22</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>G</transactionCode><equitySwapInvolved>0</equitySwapInvolved><footnoteId id="F1" /></transactionCoding><transactionAmounts><transactionShares><value>3405</value></transactionShares><transactionPricePerShare><value>0</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><postTransaction
Amounts><sharesOwnedFollowingTransaction><value>1038158</value><footnoteId id="F2" /></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>I</value></directOrIndirectOwnership><natureOfOwnership><value>As Trustee of Grat #1</value></natureOfOwnership></ownershipNature></nonDerivativeTransaction><nonDerivativeTransaction><securityTitle><value>Common Stock</value></securityTitle><transactionDate><value>2003-08-08</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>A</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>685</value></transactionShares><transactionPricePerShare><value>36.50</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>1038843</value><footnoteId id="F3" /></sharesOwn
edFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></nonDerivativeTransaction></nonDerivativeTable><footnotes><footnote id="F1">Voluntarily reported earlier than required, 3,405 shares of common stock owned by The Robert H. Abplanalp Irrevocable Grantor Retained Annuity Trust U/A/D December 2, 1994 ("Grat #1"), of which Marie A. Holcombe is a co-trustee, were transferred to Robert H. Abplanalp without consideration.</footnote><footnote id="F2">1,038,158 for Reporting Persons includes 48,455 direct ownership: 8,868 for Gregory Holcombe, 39,587 for Marie Abplanalp Holcombe; and 989,703 indirect ownership: 707 for Gregory Holcombe Ins. Trust; 534,110 for R.H. Abplanalp Trusts; 356,569 for BMW Machinery; 49,613 for Trusts for Children, and 48,704 for Trusts for niece and nephew.</footnote><footnote id="F3">1,038,843 for Reporting Persons includes 49,140 direct ownership: 9,553 for Gregory Holcombe, 39,587 for M
arie Abplanalp Holcombe; and 989,703 indirect ownership: 707 for Gregory Holcombe Ins. Trust; 534,110 for R.H. Abplanalp Trusts; 356,569 for BMW Machinery; 49,613 for Trusts for Children, and 48,704 for Trusts for niece and nephew.</footnote></footnotes><ownerSignature><signatureName>/s/ Stephen R. Brown (Stephen R. Brown as Attorney-in-Fact for  Gregory and Marie Holcombe)</signatureName><signatureDate>2003-08-12</signatureDate></ownerSignature></ownershipDocument>

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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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