New york commercial bank
New York Commercial Bank (NYCB) is a community bank headquartered in Lake Success, New York. Here are some key facts about the bank:
History: NYCB was founded in 1851 as the Long Island Bank of Brooklyn. Over the years, the bank has undergone several mergers and acquisitions, including a merger with Queens County Savings Bank in 1999.
Services: NYCB offers a range of financial services, including:
- Personal banking: checking and savings accounts, credit cards, loans, and mortgages.
- Commercial banking: business checking and savings accounts, commercial loans, lines of credit, and cash management services.
- Wealth management: investment services, retirement planning, and estate planning.
- Online banking: online banking and mobile banking services.
Branches and ATMs: NYCB has over 230 branches and 1,000 ATMs throughout the New York metropolitan area, including Long Island, Queens, Brooklyn, Manhattan, and the Bronx.
Assets: As of 2022, NYCB has approximately $50 billion in assets.
Employees: NYCB employs over 5,000 people.
Community involvement: NYCB is committed to community development and philanthropy, with a focus on education, healthcare, and economic development. The bank has a community development corporation that provides financing and technical assistance to small businesses and non-profit organizations.
Awards and recognition: NYCB has received numerous awards and recognition for its community involvement, customer service, and financial performance. For example, the bank has been named one of the "Best Places to Work" by the Long Island Business News and one of the "Top 100 Community Banks" by American Banker.
Stock: NYCB is a publicly traded company listed on the NASDAQ stock exchange under the ticker symbol NYCB.
Overall, New York Commercial Bank is a well-established community bank with a long history of serving the financial needs of individuals, businesses, and communities in the New York metropolitan area.