Company Profile
New York Community Bancorp, Inc.
Company Overview
With assets of $44.1 billion at September 30, 2012, New York Community Bancorp, Inc. is the multi-bank holding company for New York Community Bank—a savings bank with 240 branches serving customers throughout Metro New York, New Jersey, Ohio, Florida, and Arizona—and New York Commercial Bank, with 34 branches in Manhattan, Queens, Brooklyn, Long Island, and Westchester County, all in New York.
New York Community Bank…Now in our 154th year of Service Founded in 1859 in Queens, a borough of New York City, New York Community Bank is one of the top 25 depositories in the United States. The breadth of our franchise is the result of earnings-accretive merger transactions with five local institutions and our FDIC-assisted acquisitions of AmTrust Bank and Desert Hills Bank, which provided us with branches in Ohio, Florida, and Arizona in December 2009 and March 2010.
Reflecting the acquisition-driven expansion of our franchise, our 240 branches operate through seven local divisions, each with a history of strength and service in its community. In New York, we serve our customers through:
•Queens County Savings Bank, with 33 locations spanning the borough;
•Roslyn Savings Bank, with 54 locations in Nassau and Suffolk counties, combined;
•Richmond County Savings Bank, with 22 locations on Staten Island; and
•Roosevelt Savings Bank, with eight branches in Brooklyn.
We also operate two branches each in the Bronx and Westchester County directly under the name New York Community Bank.
In New Jersey, we serve our customers through Garden State Community Bank, with 51 branches in Essex, Hudson, Mercer, Middlesex, Monmouth, Ocean, and Union counties.
Our Ohio Savings Bank division meets the needs of our customers in northeastern Ohio with 28 branches; and
Our AmTrust Bank division serves our customers through 26 branches in south Florida and 14 branches in central Arizona.
New York Commercial Bank…Providing Personalized Service for Consumers and Businesses On December 30, 2005, we completed our first commercial bank acquisition, with the addition of Long Island Financial Corp., parent of Long Island Commercial Bank, to our banking family. The acquisition provided us with an established commercial banking platform, and was intended to serve as the foundation for the growth of our new commercial bank subsidiary, New York Commercial Bank.
It wasn't long before we expanded. Reflecting the acquisitions of Atlantic Bank of New York and Doral Bank’s branch network in New York City, the Commercial Bank now has 34 branches, including ten each in Queens and Long Island, five in Manhattan, five in Brooklyn, and four in Westchester County.