New York Community Bank Company History Timeline

1859
Established on April 14, 1859 in the village of Flushing, Queens County Savings Bank was the first savings bank chartered by the State of New York in the New York City borough of Queens.
1875
Established in 1875, The Roslyn Savings Bank was the first financial institution headquartered in Nassau County, one of two counties--with Suffolk--that constitute Long Island, New York.
1876
Roslyn was another venerable institution in the area, established in 1876.
1886
Like NYCB, Richmond traced its history to the 19th century, with its founding in 1886.
1889
Haven was the holding company for CFS Bank, founded in 1889 as Columbia Building Loan Association.
1895
Roosevelt's connection to the borough dated to 1895 when it was founded as Eastern District Savings Bank.
Roosevelt Savings Bank was established in 1895 on the corner of Gates Avenue and Broadway in Brooklyn under the name Eastern District Savings Bank.
1920
In 1920, the bank changed its name to honor the memory of the nation s 26th president, Theodore Roosevelt.
1965
He first came to work for Queens County Savings in 1965 at the age of 18.
1968
In 1968 he joined the military, serving one year in Vietnam and three years as an occupational service psychiatric specialist, an experience that soured him on a career in psychology.
1989
He earned degrees from Pace University and the American Institute of Banking and began to work his way up through the bank's management ranks, becoming president and chief operating officer in 1989.
1993
1993 Queens County Bancorp is incorporated.
1999
Roslyn then acquired Roosevelt in 1999 and two years later NYCB acquired Richmond.
2000
In anticipation of expanding its franchise through the first of several mergers, the Bank changed its name to New York Community Bank on November 21, 2000.
In 2000, the bank acquired Haven Bancorp for 196 million.
2001
In 2001 NYCB elected to sell seven of the CFS supermarket branches located in northern New Jersey and southern Connecticut that were outside of its core market.
In 2001, NYCB acquired Richmond County Financial in an 802 million transaction.
2002
In 2002, NYCB acquired asset manager Peter B. Cannell Co.
2003
Ficalora was in Europe on business when bidding began on the Long Island thrift in June 2003.
The firm became available after loan defaults caused net income in 2003 to drop by nearly 50 percent.
2004
NYCB's spectacular growth made Ficalora something of a cult hero in some investment circles, but his reputation would be tarnished somewhat in 2004 when NYCB stumbled.
2005
In addition, NYCB launched New York Community Bank in 2005 by opening a branch under that name in The Bronx.
2006
In 2006, NYCB acquired Atlantic Bank of New York from the National Bank of Greece for 400 million.
2007
In October 2007, NYCB acquired Synergy Bank of Cranford, New Jersey for 168 million in stock.
2009
On December 4, 2009, AmTrust Bank became the newest member of our banking family, the first of our divisions to serve customers in non-contiguous states.
Eleven years later, it expanded again--this time to Arizona--and on December 4, 2009, it joined the NYCB Family of Banks.
In December 2009, 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.
2017
In 2017, the bank sold the mortgage business acquired from the purchase of AmTrust at a 90 million profit.
Founded
1859
Company Founded
Headquarters
Westbury, NY
Company Headquarter

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