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new york community bancorp

New York Community Bank's main competitors are: United Community Bancorp, Community Trust Bank, City Holding, Glacier Bancorp, Inc. What companies has New York. Community XPress Banking · Biller Direct · Bill Pay · Stop Payments · Transfers · External Transfers · Mobile Deposit · Bank-by-Phone · E-Statements. We're proud to work with our neighbors in New York's beautiful Hudson Valley and Use your Bank of Greene County Visa® Debit Card for your everyday.

New york community bancorp -

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Источник: mynewextsetup.us

New York Community Bancorp, Inc.

About New York Community Bancorp, Inc.

New York Community Bancorp, Inc. is a holding company for New York Community Bank (The Bank). The Bank is a New York State-chartered savings bank that operates approximately branches, 19 of which operate directly under the Community Bank name. The remaining Community Bank branches operate through eight divisional banks: Queens County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank, Roosevelt Savings Bank, and Atlantic Bank in New York; Garden State Community Bank in New Jersey; AmTrust Bank in Florida and Arizona; and Ohio Savings Bank in Ohio. The Bank is a producer of multi-family loans in New York City, with a focus on non-luxury residential apartment buildings with rent-regulated units that features below-market rents. The Bank also provides commercial real estate (CRE) loans, specialty finance loans and leases, and, to a much lesser extent, acquisition, development, and construction (ADC) loans, and commercial and industrial (C&I) loans.

Executive Leadership

Thomas R. Cangemi

President, Chief Executive Officer, Director

John J. Pinto

Chief Financial Officer, Senior Executive Vice President of the Company and Community Bank

Robert Wann

Chief Operating Officer, Senior Executive Vice President, Director of the Company and Community Bank

John T. Adams

Executive Vice President, Chief Lending Officer

Julie Signorille-browne

Executive Vice President, Chief Administrative Officer

Key Stats

mean rating - 15 analysts

Revenue (MM, USD)
EPS (USD)

Price To Earnings (TTM)

Price To Sales (TTM)

Price To Book (MRQ)

Price To Cash Flow (TTM)

Total Debt To Equity (MRQ)

LT Debt To Equity (MRQ)

Return on Investment (TTM)

--

Return on Equity (TTM)

Источник: mynewextsetup.us

BROOKFIELD, Wis(BUSINESS WIRE)--Feb 7, Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that New York Community Bancorp, Inc., (NYSE:NYCB), the parent company of New York Community Bank, a $ billion in assets financial institution based in Westbury, New York, will advance its retail banking and commercial lending capabilities by converting to a modern, real-time core platform and integrated suite of digital banking and payment solutions from Fiserv. The Bank will also move from in-house processing to an ASP model hosted by Fiserv to enhance efficiency, simplify operations and support continued growth.

New York Community Bank is the leading producer of multi-family loans in New York City and the largest regional bank headquartered in New York by assets. The Bank serves customers in New York, New Jersey, Florida, Ohio, and Arizona through a network of more than branches. Having grown in part through a series of acquisitions, the Bank was looking for a technology partner to help them simplify operations, consolidate a broad range of solutions and provide the people and resources to meet the Bank’s current and future needs.

“Modernizing and streamlining our technology with Fiserv will enable us to meet the heightened digital expectations of depositors and commercial customers while enhancing efficiency and strengthening our competitive position,” said Barbara Tosi-Renna, Assistant Chief Operating Officer, New York Community Bancorp, Inc. “We chose Fiserv because their solutions, integration and expertise put us in the strongest position to succeed in our fast-changing marketplace.”

New York Community Bank will move to DNA®, a continuously available real-time core platform built on an open architecture, and add integrated digital solutions from Fiserv including Commercial CenterSM for commercial cash management and business banking, and the open, real-time Dovetail Payments Platform. The Bank also will move existing in-house solutions including the Corillian Online® and Mobiliti ™ digital banking solutions from Fiserv to the Bank’s new outsourced environment.

By providing a professionally managed data center and strong suite of integrated solutions, Fiserv is enabling New York Community Bank to deliver an anytime, anywhere banking experience with enhanced digital, business and cash management capabilities to serve its expanding commercial customer base.

“Fiserv is committed to enabling financial institutions to grow and succeed in an always-connected financial world,” said Todd Horvath, president, Bank Solutions, Fiserv. “New York Community Bank has found a successful niche and is refining their delivery of customer-focused capabilities through technology that enables innovation, efficiency and differentiation that leads to competitive advantage.”

Fiserv is the U.S. market leader in account processing services, and more than one-third of U.S. financial institutions rely on Fiserv for account processing solutions and expertise. DNA is the first open, core banking platform built for collaboration and has been recognized by industry-leading analysts for its technology, user experience and breadth of functionality.

In a world that is moving faster than ever before, Fiserv helps clients deliver solutions that are in step with the way people live and work today – financial services at the speed of life. Learn more at mynewextsetup.us

About New York Community Bancorp, Inc.

Based in Westbury, NY, New York Community Bancorp, Inc. is a leading producer of multi-family loans on non-luxury, rent-regulated apartment buildings in New York City, and the parent of New York Community Bank. At December 31, , the Company reported assets of $ billion, loans of $ billion, deposits of $ billion, and stockholders’ equity of $ billion.

Reflecting its growth through a series of acquisitions, the Company operates branches through eight local divisions, each with a history of service and strength: Queens County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank, Roosevelt Savings Bank, and Atlantic Bank in New York; Garden State Community Bank in New Jersey; Ohio Savings Bank in Ohio; and AmTrust Bank in Florida and Arizona.

About Fiserv

Fiserv, Inc. (NASDAQ: FISV) enables clients worldwide to create and deliver financial services experiences in step with the way people live and work today. For 35 years, Fiserv has been a trusted leader in financial services technology, helping clients achieve best-in-class results by driving quality and innovation in payments, processing services, risk and compliance, customer and channel management, and insights and optimization. Fiserv is a member of the FORTUNE ® and has been named among the FORTUNE Magazine World’s Most Admired Companies ® for six consecutive years, recognized for strength of business model, people management, social responsibility and innovation leadership. Visit mynewextsetup.us and follow on social media for more information and the latest company news.

FISV-G

View source version on mynewextsetup.us:mynewextsetup.us

CONTACT: Media Relations:

Ann S. Cave

Director, Public Relations

Fiserv, Inc.

[email protected]

Additional Contact:

Marcus Hardy

Manager, Public Relations

Fiserv, Inc.

[email protected]

KEYWORD: UNITED STATES NORTH AMERICA WISCONSIN

INDUSTRY KEYWORD: TECHNOLOGY SOFTWARE PROFESSIONAL SERVICES BANKING

SOURCE: Fiserv, Inc.

Copyright Business Wire

PUB: 02/07/ AM/DISC: 02/07/ AM

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Источник: mynewextsetup.us

WESTBURY, N.Y., March 31, /PRNewswire/ &#; New York Community Bancorp, Inc. (NYSE: NYCB) (the &#;Company&#;) today announced that it expects to issue its earnings release for the three months ended March 31, at approximately a.m. Eastern Time (ET) on Wednesday, April 28, The release will be posted to the Investor Relations portion of the Company&#;s website, mynewextsetup.us, upon issuance.

The Company will conduct a conference call at a.m. (ET) on the same date, during which Chairman, President, and Chief Executive Officer Thomas R. Cangemi and Senior Executive Vice President and Chief Financial Officer John Pinto will discuss the Company&#;s first quarter performance. The conference call will be simultaneously webcast at mynewextsetup.us and archived through p.m. on May 26,

Conference Call Details:

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April 28 ( p.m.) &#; May 2 ( p.m.)

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About New York Community Bancorp, Inc.

Based in Westbury, NY, New York Community Bancorp, Inc. is a leading producer of multi-family loans on non-luxury, rent-regulated apartment buildings in New York City, and the parent of New York Community Bank. At December 31, , the Company reported assets of $ billion, loans of $ billion, deposits of $ billion, and stockholders&#; equity of $ billion.

Reflecting our growth through a series of acquisitions, the Company operates branches through eight local divisions, each with a history of service and strength: Queens County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank, Roosevelt Savings Bank, and Atlantic Bank in New York; Garden State Community Bank in New Jersey; Ohio Savings Bank in Ohio; and AmTrust Bank in Florida and Arizona.

Investor and Media Contact:

Salvatore J. DiMartino

()

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SOURCE New York Community Bancorp, Inc.

Источник: mynewextsetup.us

New York Community Bancorp, Inc.

  • TickerNYCB

    Exchange NYSE More

  • Industry Savings & Loans More
  • Sector Financial More
New York Community Bancorp, Inc. Logo Image
  • Employees
  • Based in Westbury, New York

New York Community Bancorp, Inc. operates as a multi-bank holding company for New York Community Bank and New York Commercial Bank, which offer banking products and services in New York, New Jersey, Ohio, Florida, and Arizona. It primarily engages in generating deposits and originating loans.

Visit website

New York Community Bancorp, Inc.

Most Recent Annual Report

New York Community Bancorp, Inc.MOST RECENT Annual Report, Interactive Annual Report and Form 10K

View PDFView Interactive(HTML)View Form 10K(HTML)

New York Community Bancorp, Inc. does not currently have any hardcopy reports on mynewextsetup.us Click the button below to request a report when hardcopies become available.

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Why Shares of New York Community Bancorp Are Down Today

What happened

Shares of New York Community Bancorp( NYCB % ) fell more than 8% today as of p.m. EDT after the bank reported earnings results for the third quarter of the year.

So what

The bank, with nearly $58 billion in total assets, reported diluted earnings per share of $ on total revenue of $ million, both numbers that missed on analyst estimates.

But the bigger issue in the quarter is that CEO Thomas Cangemi on the bank's earnings call said New York Community Bancorp won't be able to close on its pending acquisition of Flagstar Bancorp( FBC % ), which is expected to propel the bank to $87 billion in assets, until next year.

New York Community Bancorp is currently in the process of changing the composition of its balance sheet to one that relies on lower-cost funding and more diversity in its loan portfolio. The Flagstar acquisition is intended to really boost these efforts and investors had initially cheered the deal, so if it somehow didn't close, that would be a big loss for New York Community Bancorp.

Hand drawing red squiggly line downward.

Image source: Getty Images.

Now what

Without question, it looks like regulators, particularly at the Federal Reserve, are tightening their belts when it comes to large bank deals. Recently, First Citizens BancShares, a regional bank based in North Carolina, announced that it had to extend its merger agreement with CIT Group in Missouri because it was still waiting on Fed approval.

The longer wait times for merger approval at the Fed are making investors nervous, but this does not mean the deal won't close. The Fed has not rejected any deals yet, so I still think it is more likely than not that the acquisition closes.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis – even one of our own – helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.
Источник: mynewextsetup.us
new york community bancorp

New york community bancorp -

New York Community Bancorp, Inc.

  • TickerNYCB

    Exchange NYSE More

  • Industry Savings & Loans More
  • Sector Financial More
New York Community Bancorp, Inc. Logo Image
  • Employees
  • Based in Westbury, New York

New York Community Bancorp, Inc. operates as a multi-bank holding company for New York Community Bank and New York Commercial Bank, which offer banking products and services in New York, New Jersey, Ohio, Florida, and Arizona. It primarily engages in generating deposits and originating loans.

Visit website

New York Community Bancorp, Inc.

Most Recent Annual Report

New York Community Bancorp, Inc.MOST RECENT Annual Report, Interactive Annual Report and Form 10K

View PDFView Interactive(HTML)View Form 10K(HTML)

New York Community Bancorp, Inc. does not currently have any hardcopy reports on mynewextsetup.us Click the button below to request a report when hardcopies become available.

Shipping Information

Please fill out the form below and click "Place Order" to complete your order.

Request Information
Источник: mynewextsetup.us

BROOKFIELD, Wis(BUSINESS WIRE)--Feb 7, Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that New York Community Bancorp, Inc., (NYSE:NYCB), the parent company of New York Community Bank, a $ billion in assets financial institution based in Westbury, New York, will advance its retail banking and commercial lending capabilities by converting to a modern, real-time core platform and integrated suite of digital banking and payment solutions from Fiserv. The Bank will also move from in-house processing to an ASP model hosted by Fiserv to enhance efficiency, simplify operations and support continued growth.

New York Community Bank is the leading producer of multi-family loans in New York City and the largest regional bank headquartered in New York by assets. The Bank serves customers in New York, New Jersey, Florida, Ohio, and Arizona through a network of more than branches. Having grown in part through a series of acquisitions, the Bank was looking for a technology partner to help them simplify operations, consolidate a broad range of solutions and provide the people and resources to meet the Bank’s current and future needs.

“Modernizing and streamlining our technology with Fiserv will enable us to meet the heightened digital expectations of depositors and commercial customers while enhancing efficiency and strengthening our competitive position,” said Barbara Tosi-Renna, Assistant Chief Operating Officer, New York Community Bancorp, Inc. “We chose Fiserv because their solutions, integration and expertise put us in the strongest position to succeed in our fast-changing marketplace.”

New York Community Bank will move to DNA®, a continuously available real-time core platform built on an open architecture, and add integrated digital solutions from Fiserv including Commercial CenterSM for commercial cash management and business banking, and the open, real-time Dovetail Payments Platform. The Bank also will move existing in-house solutions including the Corillian Online® and Mobiliti ™ digital banking solutions from Fiserv to the Bank’s new outsourced environment.

By providing a professionally managed data center and strong suite of integrated solutions, Fiserv is enabling New York Community Bank to deliver an anytime, anywhere banking experience with enhanced digital, business and cash management capabilities to serve its expanding commercial customer base.

“Fiserv is committed to enabling financial institutions to grow and succeed in an always-connected financial world,” said Todd Horvath, president, Bank Solutions, Fiserv. “New York Community Bank has found a successful niche and is refining their delivery of customer-focused capabilities through technology that enables innovation, efficiency and differentiation that leads to competitive advantage.”

Fiserv is the U.S. market leader in account processing services, and more than one-third of U.S. financial institutions rely on Fiserv for account processing solutions and expertise. DNA is the first open, core banking platform built for collaboration and has been recognized by industry-leading analysts for its technology, user experience and breadth of functionality.

In a world that is moving faster than ever before, Fiserv helps clients deliver solutions that are in step with the way people live and work today – financial services at the speed of life. Learn more at mynewextsetup.us

About New York Community Bancorp, Inc.

Based in Westbury, NY, New York Community Bancorp, Inc. is a leading producer of multi-family loans on non-luxury, rent-regulated apartment buildings in New York City, and the parent of New York Community Bank. At December 31, , the Company reported assets of $ billion, loans of $ billion, deposits of $ billion, and stockholders’ equity of $ billion.

Reflecting its growth through a series of acquisitions, the Company operates branches through eight local divisions, each with a history of service and strength: Queens County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank, Roosevelt Savings Bank, and Atlantic Bank in New York; Garden State Community Bank in New Jersey; Ohio Savings Bank in Ohio; and AmTrust Bank in Florida and Arizona.

About Fiserv

Fiserv, Inc. (NASDAQ: FISV) enables clients worldwide to create and deliver financial services experiences in step with the way people live and work today. For 35 years, Fiserv has been a trusted leader in financial services technology, helping clients achieve best-in-class results by driving quality and innovation in payments, processing services, risk and compliance, customer and channel management, and insights and optimization. Fiserv is a member of the FORTUNE ® and has been named among the FORTUNE Magazine World’s Most Admired Companies ® for six consecutive years, recognized for strength of business model, people management, social responsibility and innovation leadership. Visit mynewextsetup.us and follow on social media for more information and the latest company news.

FISV-G

View source version on mynewextsetup.us:mynewextsetup.us

CONTACT: Media Relations:

Ann S. Cave

Director, Public Relations

Fiserv, Inc.

[email protected]

Additional Contact:

Marcus Hardy

Manager, Public Relations

Fiserv, Inc.

[email protected]

KEYWORD: UNITED STATES NORTH AMERICA WISCONSIN

INDUSTRY KEYWORD: TECHNOLOGY SOFTWARE PROFESSIONAL SERVICES BANKING

SOURCE: Fiserv, Inc.

Copyright Business Wire

PUB: 02/07/ AM/DISC: 02/07/ AM

mynewextsetup.us

Источник: mynewextsetup.us

New York Community Bank

US Bank

New York Community Bancorp, Inc. (NYCB) is a bank headquartered in Westbury, New York, with branches in New York, New Jersey, Ohio, Florida, and Arizona.[1] NYCB is on the list of largest banks in the United States.

Almost all of the loans originated by the bank are either multi-family or commercial loans, many of which are in New York City and are subject to laws regarding rent control in New York.

In late December , the bank announced a change in executive leadership. Longtime President, CEO and board member Joseph Ficalora announced he would retire from all three posts in two days time.[2] Thomas Cangemi, the company's CFO since , will become president and CEO.[3]

On April 26, , New York Community Bank issued a press release indicating that they were acquiring Flagstar Bank in an all stock strategic merger. [4][5]

Divisions[edit]

New York Community Bank operates branches under the following names:[1]

  • Community Bank (New York)
  • Queens County Savings Bank (New York)
  • Roslyn Savings Bank (New York)
  • Richmond County Savings Bank (New York)
  • Roosevelt Savings Bank (New York)
  • Atlantic Bank (New York)
  • Garden State Community Bank (New Jersey)
  • AmTrust Bank (Florida and Arizona)
  • Ohio Savings Bank (Ohio)

History[edit]

NYCB was founded on April 14, , in Flushing, Queens, as Queens County Savings Bank,[1] and changed its name on December 15, , to New York Community Bank to better reflect its market area beyond Queens.

In , the company became a public company via an initial public offering.[1]

In , the bank acquired Haven Bancorp for $ million.[6]

In , NYCB acquired Richmond County Financial in an $ million transaction.[7]

In , NYCB acquired asset manager Peter B. Cannell & Co.[8]

In , NYCB acquired Roslyn Bancorp in a $ billion transaction.[9]

In , NYCB acquired Long Island Financial in a $70 million transaction.[10]

In , NYCB acquired Atlantic Bank of New York from the National Bank of Greece for $ million.[11]

In March , NYCB acquired 11 branches in New York City from Doral Financial Corporation.[12]

In April , NYCB acquired Penn Federal Savings Bank for $ million, adding branches in East Central and North East New Jersey.[13]

In October , NYCB acquired Synergy Bank of Cranford, New Jersey for $ million in stock. In September , NYCB re-branded the Synergy branches to Garden State Community Bank.[14]

In December , the Federal Deposit Insurance Corporation seized AmTrust, a bank headquartered in Cleveland, OH with 66 branches and $13 billion in assets in Ohio, Florida and Arizona.[15] NYCB acquired Amtrust, which expanded NYCB's branch footprint outside of the New York metropolitan area for the first time.[16] In , the bank sold the mortgage business acquired from the purchase of AmTrust at a $90 million profit.[17]

In March , Desert Hills Bank of Phoenix, Arizona, with $ million in assets, was seized by the FDIC and acquired by NYCB.[18][19]

In June , NYCB acquired the assets of Aurora Bank from Lehman Brothers.[20]

On October 29, , the bank announced an agreement to merge with Astoria Bank, but the proposed merger was terminated in December after failing to win regulatory approval.[21][22]

On November 4, , Brooklyn Sports & Entertainment announced that the bank had acquired the naming rights to Nassau Coliseum; it was renamed "NYCB Live: Home of the Nassau Veterans Memorial Coliseum", due to agreements requiring that "Nassau Veterans Memorial Coliseum" remain in the arena's name.[23] NYCB pulled out of its naming rights contract in late August due to uncertainty surrounding the property after a June closure and subsequent new leaseholder.[24]

On April 26, , NYCB issued a press release indicating that they were acquiring Flagstar Bank in an all stock strategic merger. [4][5]

References[edit]

  1. ^ abcde"New York Community Bancorp, Inc. Form K Annual Report". U.S. Securities and Exchange Commission.
  2. ^Kline, Allissa. "Sudden Change at the top of New York Community". National Mortgage News. Retrieved Dec. 28
  3. ^DiMartino, Salvatore (December 28, ). "New York Community Bancorp, Inc. Announces Leadership Transition Plan" (Press release). Westbury, NY: PRNewswire. Retrieved
  4. ^ ab"New York Community Bancorp, Inc. To Acquire Flagstar Bancorp, Inc. In An All Stock Strategic Merger". mynewextsetup.us. Retrieved
  5. ^ ab"New York Community Bancorp, Inc. To Acquire Flagstar Bancorp, Inc. In An All Stock Strategic Merger". mynewextsetup.us. Retrieved
  6. ^"Metro Business: Haven Bancorp Acquired". The New York Times. Bloomberg L.P. June 29,
  7. ^"NEW YORK COMMUNITY BANCORP, INC. AND RICHMOND COUNTY FINANCIAL CORP. ANNOUNCE MERGER-OF-EQUALS IN AN $ MILLION TRANSACTION EXPECTED TO GENERATE CASH EARNINGS ACCRETION OF 16%" (Press release). U.S. Securities and Exchange Commission. March 27,
  8. ^Solnik, Claude (December 28, ). "NYCB acquires balance of Peter B. Cannell & Co". Long Island Business News.
  9. ^"New York Community Bancorp, Inc. Completes Strategic Merger with Roslyn Bancorp, Inc" (Press release). New York Community Bancorp. November 3,
  10. ^"NEW YORK COMMUNITY BANCORP, INC. TO ACQUIRE LONG ISLAND FINANCIAL CORP" (Press release). U.S. Securities and Exchange Commission. August 1,
  11. ^Diamataris, Antonis (October 14, ). "Ntl. Bank of Greece Sells Atlantic Bank to New York Bank for $M in Cash". The National Herald.
  12. ^"New York Community Bancorp, Inc. Announces the Acquisition of 11 New York City Branches of Doral Bank, FSB by New York Commercial Bank" (Press release). Business Wire. March 15,
  13. ^"New York Community Bancorp, Inc. Completes the Acquisition of PennFed Financial Services, Inc" (Press release). Business Wire. April 2,
  14. ^"New York Community bank buys Synergy for $ mln". Reuters. May 14,
  15. ^"FDIC Failed Bank Information: Information for AmTrust Bank, Cleveland, OH". Federal Deposit Insurance Corporation.
  16. ^Murray, Teresa Dixon (December 4, ). "AmTrust Bank fails, bought by New York bank". Cleveland Plain Dealer.
  17. ^"New York Community Bancorp, Inc. Announces Strategic Sale of Mortgage Banking Business and Residential Assets Covered under FDIC Loss Share Agreement" (Press release). Business Wire. June 27,
  18. ^"FDIC Failed Bank Information: Information for Desert Hills Bank, Phoenix, AZ". Federal Deposit Insurance Corporation.
  19. ^Casacchia, Chris (March 27, ). "Desert Hills Bank latest to be shut down by FDIC". American City Business Journals.
  20. ^"Lehman Brothers Holdings Announces Completion of the Sale of Substantially All Aurora Bank Assets and Insured Deposits" (Press release). Business Wire. June 29,
  21. ^Orol, Ronald (December 20, ). "N.Y. Community Bank Scraps $2 Billion Astoria Deal as Fed Review Lingers". mynewextsetup.us.
  22. ^"New York Community Bancorp, Inc. and Astoria Financial Corporation Announce the Termination of Their Definitive Merger Agreement Effective January 1, " (Press release). Business Wire. December 20,
  23. ^Baumbach, Jim; Ferrette, Candice (August 27, ). "The name NYCB Live's Nassau Coliseum is no more". Newsday. Retrieved October 14,
  24. ^Baumbach, Jim; C; c; Pm, "The name NYCB Live's Nassau Coliseum is no more". Newsday. Retrieved CS1 maint: numeric names: authors list (link)

External links[edit]

Источник: mynewextsetup.us

Why New York Community Bank is minting stablecoins

For Andrew Kaplan, the chief digital and banking as a service officer at New York Community Bancorp, the reasons to make his bank the first to mint a new stablecoin called USDF were clear.

The bank has begun working with Figure Technologies to issue a stablecoin, a digital asset that is always equal to a U.S. dollar, that runs on a blockchain Figure developed called Provenance. As lenders and investors buy and sell loans and other assets on Provenance, the use of the USDF stablecoin lets them settle those transactions instantly. New York Community Bank and Figure hope other banks will join their network, and also issue and honor the stablecoin.

Patrick Quinn and Andrew Kaplan, New York Community Bank

“We see a ton of disruption out there,” Kaplan said, from decentralized finance and fintech companies. “If NYCB and other banks don't lean into that and become part of it, they're going to be excluded from it and potentially become a dinosaur.”

Kaplan had seen Figure, a San Francisco online lender and technology company founded by Mike Cagney, use the Provenance blockchain to originate and sell mortgages and other types of consumer loans efficiently and would like New York Community to take advantage of that efficiency.

Blockchain is “disruptive technology that makes banking easier, whether it's payments or originations or securitizations or equity trading,” Kaplan said. “And we can now facilitate that with some type of representation of the fiat on the blockchain.”

This USDF project is part of a broader effort to modernize the $ billion-asset bank led by Thomas Cangemi, who was promoted from chief financial officer to chairman and CEO last December. The bank had historically been a traditional provider of deposit accounts and multifamily loans. In July, Cangemi said he wanted to expand the company’s digital banking capabilities by working with a fintech. In August, New York Community announced that the fintech was Figure Technologies.

New York Community is among a handful of smaller banks forging ahead with cryptocurrency initiatives to both take advantage of clients’ growing interest in digital assets and to reap the potential efficiencies of blockchain technology.

The $ billion Silvergate Capital Corporation in La Jolla, California, launched a blockchain-based platform for cryptocurrency transactions in The $ billion-asset Signature Bank in New York launched a similar platform called Signet in A year ago, New York-based Quontic Bank, with $ billion of assets, launched a checking account that pays rewards in bitcoin. In January, $ million-asset Vast Bank in Tulsa, Oklahoma, became the first community bank to allow customers to buy and sell crypto through the institution; it now supports such trading for 12 cryptocurrencies. Customers Bank, a $ billion-asset subsidiary of Customers Bancorp in West Reading, Pennsylvania, recently announced its intent to bank crypto businesses.

Executives at other small banks have said they would like to help customers buy and sell bitcoin through their mobile banking apps, but are waiting for their core banking software providers to provide needed integrations with digital currency custody providers’ systems. Some are waiting for regulators to come out with promised guidance on banks’ crypto activities next year.

New York Community’s support for USDF is an example not only of how a community bank is pushing through technology hurdles and regulatory uncertainty to support digital assets, but also how newer technology is making blockchains and cryptocurrency more palatable to financial providers. All these efforts are propelled by the growing popularity of digital assets among consumers and businesses. Globally, $ trillion has been invested in cryptocurrency since

How it works

The USDF digital marker, which represents U.S. dollars (the full name is USD Forward), allows money to be transferred over the Provenance blockchain to fund transactions. It’s essentially a smart contract developed by Figure.

If someone is interested in conducting a transaction using Provenance, that person or company establishes a bank account with New York Community, after going through all the usual compliance procedures. The bank places that money in the form of USDF in a Figure wallet on the blockchain. The customer can then transact with others who have established bank accounts with New York Community (and any other banks that join the network). When the recipient of USDF wants to make a withdrawal, a message is transmitted to the sender’s bank, the bank redeems the USDF and deposits the cash to the recipient’s bank.

What customers get out of this is the immediate settlement of a transaction. The bank gets the chance to start using the Provenance blockchain and over time, reap the benefits of transactions that take place entirely on a distributed ledger. “Figure has originated billions in home equity lines of credit on its blockchain and we clearly see that as being disruptive: the speed at which those loans were issued, the speed at which they're settled, and the use cases around payments,” Kaplan said.

Future uses could include accounts receivable management, said Patrick Quinn, the general counsel at New York Community.

“The possibilities are endless,” Quinn said. “The demand will just become greater. It's at the beginning.”

In September and in November, New York Community facilitated tests of Figure’s trading system; buyers and sellers of equities settled trades instantly using USDF.

Building a network

Figure has been working with bank partners on USDF for a few months.

“We started seeing that stablecoin was going to be subject to more regulation,” said Ashley Harris, the general counsel at Figure. “And we thought, banks are very well suited to engage in this activity, both because they're experts on engaging in payments and deposit-taking activities and because of the likely regulation that was coming. That was underscored by the President's Working Group report that recommended that banks be the exclusive minters of stablecoin.”

Figure and JAM Fintop, a New York joint venture between JAM Special Opportunity Ventures and Fintop Capital, are forming a consortium of banks that will develop rules for minting and transferring USDF.

Every bank will mint the same coin.

“That enables interoperability across banks and allows for much bigger network effects,” Harris said.

The consortium will coordinate the banks’ efforts and make sure that they're operating with the same baseline rules, onboarding processes and standard bank compliance procedures, noted Ryan Zacharia, chief operating officer and director of research at Jacobs Asset Management.

Banks will be able to see their own customers’ account activity. They’ll see how USDF moves on the anonymized accounts of other banks.

The USDF can’t be rehypothecated or otherwise used to create leverage or generate a return, Zacharia said. “We're going to relegate it to being a method of transferring value as opposed to speculation,” he said.

Several banks are interested in getting involved, Harris said.

“Increasingly, transactions are moving to blockchain, and blockchain represents a really great customer opportunity — in the payments area, in lending, in sales of securities,” she said. “They want to be there to fulfill that need.”

Cosmos SDK

Figure originally built its Provenance blockchain on Hyperledger. In May, it migrated it to Tendermint’s Cosmos SDK. Cosmos SDK is a framework for building custom application-specific blockchains. The acronym SDK often refers to software development toolkits, which are sets of code that can be assembled to create software programs. Tendermint did not respond to a request for an interview.

This was done in part so that the blockchain could be a public, open source ledger that anybody can build on, Harris said.

The Cosmos SDK lets businesspeople with some tech experience build applications quickly, according to Steven Duong, equity research analyst at RBC Capital Markets.

“With Cosmos SDK, all you have to worry about is the application layer,” Duong said. “They basically say, build your own blockchain from scratch the way you like it.”

Any distributed ledger that banks use needs to quickly adjust to new regulations, so financial institutions need to have some control over the underlying technology, Duong noted. This is a challenge for decentralized ledgers like Ethereum that are run by independent people and entities.

“If the regulator comes tapping on your shoulder and says, hey, you’ve got to change that, you can't just say, well, let me talk to the Ethereum people and hopefully they'll vote on it soon,” Duong said.

In the future, the Provenance blockchain could be used for auto loans and Small Business Administration loans, Duong suggested.

New York Community has high hopes for the technology’s ability to provide efficiency for loan origination, payment processing and asset settlement.

“We clearly see with decentralized finance and fintech technologies, it's time for us to evolve,” Kaplan said. “We look at all these solutions as being banking of the future, and we want to make sure that we're there.”

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Why Shares of New York Community Bancorp Are Down Today

What happened

Shares of New York Community Bancorp( NYCB % ) fell more than 8% today as of p.m. EDT after the bank reported earnings results for the third quarter of the year.

So what

The bank, with nearly $58 billion in total assets, reported diluted earnings per share of $ on total revenue of $ million, both numbers that missed on analyst estimates.

But the bigger issue in the quarter is that CEO Thomas Cangemi on the bank's earnings call said New York Community Bancorp won't be able to close on its pending acquisition of Flagstar Bancorp( FBC % ), which is expected to propel the bank to $87 billion in assets, until next year.

New York Community Bancorp is currently in the process of changing the composition of its balance sheet to one that relies on lower-cost funding and more diversity in its loan portfolio. The Flagstar acquisition is intended to really boost these efforts and investors had initially cheered the deal, so if it somehow didn't close, that would be a big loss for New York Community Bancorp.

Hand drawing red squiggly line downward.

Image source: Getty Images.

Now what

Without question, it looks like regulators, particularly at the Federal Reserve, are tightening their belts when it comes to large bank deals. Recently, First Citizens BancShares, a regional bank based in North Carolina, announced that it had to extend its merger agreement with CIT Group in Missouri because it was still waiting on Fed approval.

The longer wait times for merger approval at the Fed are making investors nervous, but this does not mean the deal won't close. The Fed has not rejected any deals yet, so I still think it is more likely than not that the acquisition closes.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis – even one of our own – helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.
Источник: mynewextsetup.us

BROOKFIELD, Wis(BUSINESS WIRE)--Feb 7, Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that New York Community Bancorp, Inc., (NYSE:NYCB), the parent company of New York Community Bank, a $ billion in assets financial institution based in Westbury, New York, will advance its retail banking and commercial lending capabilities by converting to a modern, real-time core platform and integrated suite of digital banking and payment solutions from Fiserv. The Bank will also move from in-house processing to an ASP model hosted by Fiserv to enhance efficiency, simplify operations and support continued growth.

New York Community Bank is the leading producer of multi-family loans in New York City and the largest regional bank headquartered in New York by assets. The Bank serves customers in New York, New Jersey, Florida, Ohio, and Arizona through a network of more than branches. Having grown in part through a series of acquisitions, the Bank was looking for a technology partner to help them simplify operations, consolidate a broad range of solutions and provide the people and resources to meet the Bank’s current and future needs.

“Modernizing and streamlining our technology with Fiserv will enable us to meet the heightened digital expectations of depositors and commercial customers while enhancing efficiency and strengthening our competitive position,” said Barbara Tosi-Renna, Assistant Chief Operating Officer, New York Community Bancorp, Inc. “We chose Fiserv because their solutions, new york community bancorp and expertise put us in the strongest position to succeed in our fast-changing marketplace.”

New York Community Bank will move to DNA®, a continuously available real-time core platform built on an open architecture, and add integrated digital solutions from Fiserv including Commercial CenterSM for commercial cash management and business banking, and the open, real-time Dovetail Payments Platform. The Bank also will move existing in-house solutions including the Corillian Online® and Mobiliti ™ digital banking solutions from Fiserv to the Bank’s new outsourced environment.

By providing a professionally managed data center and strong suite of integrated solutions, Fiserv is enabling New York Community Bank to deliver an anytime, anywhere banking experience with enhanced digital, business and cash management capabilities to serve its expanding commercial customer base.

“Fiserv is nasb bank lexington missouri to enabling financial institutions to grow and succeed in an always-connected financial world,” said Todd Horvath, president, Bank Solutions, Fiserv. “New York Community Bank has found a successful niche and is refining their delivery of customer-focused capabilities through technology that enables innovation, efficiency and differentiation that leads to competitive advantage.”

Fiserv is the U.S. market leader in account processing services, and more than one-third of U.S. financial institutions rely on Fiserv for account processing solutions and expertise. DNA is the first open, core banking platform built for collaboration and has been recognized by industry-leading analysts for its technology, user experience and breadth of functionality.

In a world that is moving faster than ever before, Fiserv helps clients deliver solutions that are in step with the way people live and work today – financial services at the speed of life. Learn more at mynewextsetup.us

About New York Community Bancorp, Inc.

Based in Westbury, NY, New York Community Bancorp, Inc. is a leading producer of multi-family loans on non-luxury, rent-regulated apartment buildings in New York City, and the parent of New York Community Bank. At December 31,the Company reported assets of $ billion, loans of $ billion, deposits of $ billion, and stockholders’ equity of $ billion.

Reflecting its growth through a new york community bancorp of acquisitions, the Company operates branches through eight local divisions, each with a history of service and strength: Queens County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank, New york community bancorp Savings Bank, and Atlantic Bank in New York; Garden State Community Bank in New Jersey; Ohio Savings Bank in Ohio; and AmTrust Bank in Florida and Arizona.

About Fiserv

Fiserv, Inc. (NASDAQ: FISV) enables clients worldwide to create and deliver financial services experiences in step with the way people live and work today. For 35 years, Fiserv has been a trusted leader in financial services technology, helping clients achieve best-in-class results by driving quality and innovation in payments, processing services, risk and compliance, customer and channel management, and insights and optimization. Fiserv is a member of the FORTUNE ® and has been named among the FORTUNE Magazine World’s Most Admired Companies cheap victoria secret pink sweatpants for six consecutive years, recognized for strength of business model, people management, social responsibility and innovation leadership. Visit mynewextsetup.us and follow on social media for more information and the latest company news.

FISV-G

View source version on mynewextsetup.us:mynewextsetup.us

CONTACT: Media Relations:

Ann S. Cave

Director, Public Relations

Fiserv, Inc.

[email protected]

Additional Contact:

Marcus Hardy

Manager, Public Relations

Fiserv, Inc.

[email protected]

KEYWORD: UNITED STATES NORTH AMERICA WISCONSIN

INDUSTRY KEYWORD: TECHNOLOGY SOFTWARE PROFESSIONAL SERVICES BANKING

SOURCE: Fiserv, Inc.

Copyright Business Wire

PUB: 02/07/ AM/DISC: 02/07/ AM

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Источник: mynewextsetup.us

You are leaving the Union Savings Bank website.

By clicking continue you will be leaving our website and entering one that's hosted by another party that may offer a different privacy policy or level of security. The Bank provides access to this website in order to offer you additional information and/or functionality. We encourage you to read and evaluate the privacy and security policies of the site you are entering. Once you leave our website, you will no longer be subject to, or under the protection of, the privacy and security policies of Union Savings Bank. If you click cancel you will return to the Union Savings Bank website.

By clicking continue you will be leaving our website and entering one that's hosted by another party that may offer a different privacy policy or level of security. The Bank provides access to this website in order to offer you additional information and/or functionality. Once you leave our website, you will no longer be subject to, or under the protection of, the privacy and security policies of Union Savings Bank. We encourage you view the UltiPro Privacy Policy to review the privacy and security policies of our partner. If you click cancel you will return to the Union Savings Bank website.

ContinueCancel

Источник: mynewextsetup.us

Why Shares of New York Community Bancorp Are Down Today

What happened

Shares of New York Community Bancorp( NYCB % ) fell more than 8% today as of p.m. EDT after the bank reported earnings results for the third quarter of the year.

So what

The bank, with nearly $58 billion in total assets, reported diluted earnings per share of $ on total revenue of $ million, both numbers that missed on analyst estimates.

But the bigger issue in the quarter is that CEO Thomas Cangemi on the bank's earnings call said New York Community Bancorp won't be able to close on its pending acquisition of Flagstar Bancorp( FBC % ), which is expected to propel the bank to $87 billion in assets, until next year.

New York Community Bancorp is currently in the process of changing the composition of its balance sheet to one that relies on lower-cost funding and more diversity in its loan portfolio. The Flagstar new york community bancorp is intended to really boost these efforts and investors had initially cheered the deal, so if it somehow didn't close, that would be a big loss for New York Community Bancorp.

Hand drawing red squiggly line downward.

Image source: Getty Images.

Now what

Without question, it looks like regulators, particularly at the Federal Reserve, are tightening their belts when it comes to large bank deals. Recently, First Citizens BancShares, a regional bank based in North Carolina, announced that it had to extend its merger agreement with CIT Group in Missouri because it was still waiting on Fed approval.

The longer wait times for merger approval at the Fed are making investors nervous, but this does not mean the deal won't close. The Fed has not rejected any deals yet, so I still think it is more likely than not that the acquisition closes.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis – even one of our own – helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.
Источник: mynewextsetup.us

New York Community Bancorp, Inc.

About New York Community Bancorp, Inc.

New York Community Bancorp, Inc. is a holding company for New York Community Bank (The Bank). The Bank is a New York State-chartered savings bank that operates approximately branches, 19 of which operate directly under the Community Bank name. The remaining Community Bank branches operate through eight divisional banks: Queens County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank, Roosevelt Savings Bank, and Atlantic Bank in New York; Garden State Community Bank in New Jersey; AmTrust Bank in Florida and Arizona; and Ohio Savings Bank in Ohio. The Bank is a producer of multi-family loans in New York City, with a focus on non-luxury residential apartment buildings with rent-regulated units that features below-market rents. The Bank also provides commercial real estate (CRE) loans, specialty finance loans and leases, new york community bancorp, to a much lesser extent, acquisition, development, and construction (ADC) loans, and commercial and industrial (C&I) loans.

Executive Leadership

Thomas R. Cangemi

President, Chief Executive Officer, Director

John J. Pinto

Chief Financial Officer, Senior Executive Vice President of the Company and Community Bank

Robert Wann

Chief Operating Officer, Senior Executive Vice President, Director of the Company and Community Bank

John T. Adams

Executive Vice President, Chief Lending Officer

Julie Signorille-browne

Executive Vice President, Chief Administrative Officer

Key Stats

mean rating - 15 analysts

Revenue (MM, USD)
EPS (USD)

Price To Earnings (TTM)

Price To Sales (TTM)

Price To Book (MRQ)

Price To Cash Flow (TTM)

Total Debt To Equity (MRQ)

LT Debt To Equity (MRQ)

Return on Investment (TTM)

--

Return on Equity (TTM)

Источник: mynewextsetup.us

WESTBURY, N.Y., March 31, /PRNewswire/ &#; New York Community Bancorp, Inc. (NYSE: NYCB) (the &#;Company&#;) today announced that it expects to issue its earnings release for the three months ended March 31, at approximately a.m. Eastern Time (ET) on Wednesday, April 28, The release will be posted to the Investor Relations portion of the Company&#;s website, mynewextsetup.us, upon issuance.

The Company will conduct a conference call at a.m. (ET) on the same date, during which Chairman, President, and Chief Executive Officer Thomas R. Cangemi and Senior Executive Vice President and Chief Financial Officer John Pinto will discuss the Company&#;s first quarter performance. The conference call will be simultaneously webcast at mynewextsetup.us and archived through p.m. on May 26,

Conference Call Details:

Dial-in for Live Call:

Domestic:

()

International:

()

Dial-in for Replay:

Availability:

April 28 ( p.m.) &#; May 2 ( p.m.)

Access Code:

Domestic:

()

International:

()

About New York Community Bancorp, Inc.

Based in Westbury, NY, New York Community Bancorp, Inc. is a leading producer of multi-family loans on non-luxury, rent-regulated apartment buildings in New York City, and the parent of New York Community Bank. At December 31,the Company reported assets of $ billion, loans of $ billion, deposits of $ billion, and stockholders&#; equity of $ billion.

Reflecting our growth through a series of acquisitions, the Company operates branches through eight local divisions, each with a history of service and strength: Queens County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank, Roosevelt Savings Bank, and Atlantic Bank in New York; Garden State Community Bank in New Jersey; Ohio Savings Bank in New york community bancorp and AmTrust Bank in Florida and Arizona.

Investor and Media Contact:

Salvatore J. DiMartino

()

Cision View original content to download multimedia:mynewextsetup.us

SOURCE New York Community Bancorp, Inc.

Источник: mynewextsetup.us

New York Community Bank

US Bank

New York Community Bancorp, Inc. (NYCB) is a bank headquartered in Westbury, New York, with branches in New York, New Jersey, Ohio, Florida, and Arizona.[1] NYCB is on the list of largest banks in the United States.

Almost all of the loans originated by the bank are either multi-family or commercial loans, many of which are in New York City and are subject to laws regarding rent control in New York.

In late Decemberthe bank announced a change in executive leadership. Longtime President, CEO and board member Joseph Ficalora announced he would retire from all three posts in two days time.[2] Thomas Cangemi, the company's CFO sincewill become president and CEO.[3]

On April 26,New York Community Bank issued a press release indicating that they were acquiring Flagstar Bank in an all stock strategic merger. [4][5]

Divisions[edit]

New York Community Bank operates branches under the following names:[1]

  • Community Bank (New York)
  • Queens County Savings Bank (New York)
  • Roslyn Savings Bank (New York)
  • Richmond County Savings Bank (New York)
  • Roosevelt Savings Bank (New York)
  • Atlantic Bank (New York)
  • Garden State Community Bank (New Jersey)
  • AmTrust Bank (Florida and Arizona)
  • Ohio Savings Bank (Ohio)

History[edit]

NYCB was founded on April 14,in Flushing, Queens, as Queens County Savings Bank,[1] and changed its name on December 15,to New York Community Bank new york community bancorp better reflect its market area beyond Queens.

Inthe company became a public company via an initial public offering.[1]

Inthe bank acquired Haven Bancorp for $ million.[6]

InNYCB acquired Richmond County Financial in an $ million transaction.[7]

InNYCB acquired asset manager Peter B. Cannell & Co.[8]

InNYCB acquired Roslyn Bancorp in a $ billion transaction.[9]

InNYCB acquired Long Island Financial in a $70 million transaction.[10]

InNYCB acquired Atlantic Bank of New York from the National Bank of Greece for $ million.[11]

In MarchNYCB acquired 11 branches in New York City from Doral Financial Corporation.[12]

In AprilNYCB acquired Penn Federal Savings Bank for $ million, adding branches in East Central and North East New Jersey.[13]

In OctoberNYCB acquired Synergy Bank of Cranford, New Jersey for $ million in stock. In SeptemberNYCB re-branded the Synergy branches to Garden State Community Bank.[14]

In Decemberthe Federal Deposit Insurance Corporation seized AmTrust, a bank headquartered in Cleveland, OH with 66 branches and $13 billion in assets in Ohio, Florida and Arizona.[15] NYCB acquired Amtrust, which expanded NYCB's branch footprint outside of the New York metropolitan area for the first time.[16] Inthe bank sold the mortgage business acquired from the purchase of AmTrust at a $90 million profit.[17]

In MarchDesert Hills Bank of Phoenix, Arizona, with $ million in assets, was seized by the FDIC and acquired by NYCB.[18][19]

In JuneNYCB acquired the assets of Aurora Bank from Lehman Brothers.[20]

On October 29,the bank announced an agreement to merge with Astoria Bank, but the proposed merger was terminated in December after failing to win regulatory approval.[21][22]

On November 4,Brooklyn Sports & Entertainment announced that the bank had acquired the naming rights to Nassau Coliseum; it was renamed "NYCB Live: Home of the Nassau Veterans Memorial Coliseum", due to agreements requiring that "Nassau Veterans Memorial Coliseum" remain in the arena's name.[23] NYCB pulled out of its naming rights contract in late August due to uncertainty surrounding the property after a June closure and subsequent new leaseholder.[24]

On April 26,NYCB issued a press release indicating that they were acquiring Flagstar Bank in an all stock strategic merger. [4][5]

References[edit]

  1. ^ abcde"New York Community Bancorp, Inc. Form K Annual Report". U.S. Securities and Exchange Commission.
  2. ^Kline, Allissa. "Sudden Change at the top of New York Community". National Mortgage News. Retrieved Dec. 28
  3. ^DiMartino, Salvatore (December new york community bancorp, ). "New York Community Bancorp, Inc. Announces Leadership Transition Plan" (Press release). Westbury, NY: PRNewswire. Retrieved
  4. ^ ab"New York Community Bancorp, Inc. New york community bancorp Acquire Flagstar Bancorp, Inc. In An All Stock Strategic Merger". mynewextsetup.us. Retrieved
  5. ^ ab"New York Community Bancorp, Inc. To Acquire Flagstar Bancorp, Inc. In An All Stock Strategic Merger". mynewextsetup.us. Retrieved
  6. ^"Metro Business: Haven Bancorp Acquired". The New York Times. Bloomberg L.P. June 29,
  7. ^"NEW YORK COMMUNITY BANCORP, INC. AND RICHMOND COUNTY FINANCIAL CORP. ANNOUNCE MERGER-OF-EQUALS IN AN $ MILLION TRANSACTION EXPECTED TO GENERATE CASH EARNINGS ACCRETION OF 16%" (Press release). U.S. Securities and Exchange Commission. March 27,
  8. ^Solnik, Claude (December 28, ). "NYCB acquires balance of Peter B. Cannell & Co". Long Island Business News.
  9. ^"New York Community Bancorp, Inc. Completes Strategic Merger with Roslyn Bancorp, Inc" (Press release). New York Community Bancorp. November 3,
  10. ^"NEW YORK COMMUNITY BANCORP, INC. TO ACQUIRE LONG ISLAND FINANCIAL CORP" (Press release). U.S. Securities and Exchange Commission. August 1,
  11. ^Diamataris, Antonis (October 14, ). "Ntl. Bank of Greece Sells Atlantic Bank to New York Bank for $M in Cash". The National Herald.
  12. ^"New York Community Bancorp, Inc. Announces the Acquisition of 11 New York City Branches of Doral Bank, FSB by New York Commercial Bank" (Press release). Business Wire. March 15,
  13. ^"New York Community Bancorp, Inc. Completes the Acquisition of PennFed Financial Services, Inc" (Press release). Business Wire. April 2,
  14. ^"New York Community bank buys Synergy for $ mln". Reuters. May 14,
  15. ^"FDIC Failed Bank Information: Information for AmTrust Bank, Cleveland, OH". Federal Deposit Insurance Corporation.
  16. ^Murray, Teresa Dixon (December 4, ). "AmTrust Bank fails, bought by New York bank". Cleveland Plain Dealer.
  17. ^"New York Community Bancorp, Inc. Announces Strategic Sale of Mortgage Banking Business and Residential Assets Covered under FDIC Loss Share Agreement" (Press release). Business Wire. June 27,
  18. ^"FDIC Failed Bank Information: Information for Desert Hills Bank, Phoenix, AZ". Federal Deposit Insurance Corporation.
  19. ^Casacchia, Chris (March 27, ). "Desert Hills Bank latest to be shut down by FDIC". American City Business Journals.
  20. ^"Lehman Brothers Holdings Announces Completion of the Sale of Substantially All Aurora Bank Assets and Insured Deposits" (Press release). Business Wire. June 29,
  21. ^Orol, Ronald (December 20, ). "N.Y. Community Bank Scraps $2 Billion Astoria Deal as Fed Review Lingers". mynewextsetup.us.
  22. ^"New York Community Bancorp, Inc. and Astoria Financial Corporation Announce the Termination of Their Definitive Merger Agreement Effective January 1, " (Press release). Business Wire. December 20,
  23. ^Baumbach, Jim; Ferrette, Candice (August 27, ). "The name NYCB Live's Nassau Coliseum is no more". Newsday. Retrieved October 14,
  24. ^Baumbach, Jim; C; c; Pm, "The name NYCB Live's Nassau Coliseum is no more". Newsday. Retrieved CS1 maint: numeric names: authors list (link)

External links[edit]

Источник: mynewextsetup.us
new york community bancorp

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