NEW YORK COMMUNITY BANK
New York Community Bank, known as NYCB, has a long and rich history that dates back to April 14, 1859, when it was founded in Flushing, Queens as Queens County Savings Bank. The bank underwent a name change on December 15, 2000, to better represent its broader market area beyond Queens. The historical journey of NYCB is marked with several mergers and acquisitions over the years, expanding its presence and product offerings notably. In 2000, for instance, it acquired Richmond County Savings Bank, which significantly boosted its assets.
To Read Core Details Of New York Community Bank In short CLick Here.
The bank's headquarters is located in Hicksville, New York, although there seems to be some mentions of Westbury, New York as well. As a part of New York Community Bancorp, Inc., NYCB is affiliated with Flagstar Bank, N.A., forming one of the larger regional banks in the country. Its operations span across multiple states including New York, Michigan, New Jersey, Ohio, Florida, and Arizona, with a total of 395 branches as of 2024.
NYCB stands out for its conservative banking approach, which is reflected in its avoidance of risky financial products and a focus on income-producing assets. This strategy is aimed at ensuring steady cash flows even during adverse credit cycles. A significant portion of the loans issued by the bank are either multi-family or commercial loans, primarily in New York City, to fully rented buildings governed by rent control laws. As of 2015, NYCB was the largest lender in the New York City metro area, although unlike its larger national counterparts, it opted not to offer commercial real estate construction loans due to the associated risks.
Regarding its FDIC membership, NYCB is indeed a member of the FDIC with a certificate number of #16022. The bank's routing number is 226071004, which is utilized for both FedACH and Fedwire payments. Here is the list of New York Community Bank Routing Numbers CLick Here.
The bank is a commercial bank and falls under the category of regional banks in the United States. The multiple sources accessed did not provide a specific bank class. NYCB's journey from its inception in 1859 to its current status underscores its enduring presence and significant role in the regions it operates.
NEW YORK COMMUNITY BANK INFORMATION
| Bank Name | New York Community Bank |
|---|---|
| Headquarters | 100 Duffy Avenue, Hicksville, New York 11801 |
| Bank Class | State Chartered Savings Bank |
| CEO | Thomas R. Cangemi |
| Bank FDIC | Certificate #16022 |
| Swift Code | NYBCUS33XXX |
| Atm's | 56000 |
| Location | 395 Branches in 5 states |
| Routing Number | Click Here |
| Customer Service | 1 (877) 786-6560 |
| Credit Card Support | 1 (855) 271-7580 |
| Number of Employees | 3,096 |
| Key People | Joseph R. Ficalora (Retired CEO), Thomas R. Cangemi (CEO), Dominick Ciampa (Chairman) |
| Website | https://www.mynycb.com/ |
NEW YORK COMMUNITY BANK ROUTING NUMBERS
226071004
NEW YORK COMMUNITY BANK SWIFT CODE NYBCUS33XXX DETAILS
A SWIFT code, also known as a BIC (Bank Identifier Code), is a standard format for uniquely identifying banks globally, especially during international transactions. It comprises 8-11 characters. The first 4 characters represent the bank's code, the next 2 denote the country, followed by 2 for the city. The remaining characters (which are optional) specify the bank's branch. This system ensures secure and efficient cross-border transfers. For instance, when sending money overseas, one would need the recipient's bank SWIFT code. It acts as an address that tells where to send the money, ensuring funds reach the correct institution.
NEW YORK COMMUNITY BANK
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Country code A-Z
2 letters representing the country the bank is in.
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Location code 0-9 A-Z
2 characters made up of letters or numbers. It says where that bank's head office is.
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Branch Code 0-9 A-Z
3 digits specifying a particular branch. 'XXX' represents the bank’s head office.
NEW YORK COMMUNITY BANK IN STATES
HISTORY OF NEW YORK COMMUNITY BANK
Below is a list of some important events in banks history, including mergers and acquisitions.
| DATE | EVENT |
|---|---|
| 01-01-1859 | Institution established. Original name: Queens County Savings Bank. |
| 12-28-1970 | Changed Institution Name to Queens County Savings Bank. |
| 11-30-1993 | Changed Organization Type to Stock Savings Bank. |
| 01-31-2001 | Changed Institution Name to New York Community Bank. |
| 01-31-2001 | Main Office moved to 615 Merrick Avenue, Westbury, NY 11590. |
| 01-31-2001 | Acquired Cfs Bank (28629) in Woodhaven, NY. |
| 07-31-2001 | Acquired Richmond County Savings Bank (16027) in Staten Island, NY. |
| 10-31-2003 | Acquired The Roslyn Savings Bank (16038) in Roslyn, NY. |
| 04-02-2007 | Acquired Penn Federal Savings Bank (30179) in Newark, NJ. |
| 10-01-2007 | Acquired Synergy Bank (34851) in Cranford, NJ. |
| 12-04-2009 | Acquired AmTrust Bank (29776) in Cleveland, OH as part of a government assisted merger. |
| 03-26-2010 | Acquired Desert Hills Bank (57060) in Phoenix, AZ as part of a government assisted merger. |
| 03-26-2010 | Changed Institution Name to New York Community Bank. |
| 11-30-2018 | Acquired New York Commercial Bank (32749) in Westbury, NY. |
| 11-30-2018 | Changed Institution Name to New York Community Bank. |
| 11-30-2018 | Changed Institution Name to New York Community Bank. |
| 02-01-2020 | Main Office moved to 102 Duffy Avenue, Hicksville, NY 11801. |
