Company Profile

Who We Are

Based in Westbury, NY, New York Community Bancorp, Inc. is the parent of two New York State-chartered banks – New York Community Bank and New York Commercial Bank. At September 30, 2017, the Company had assets of $48.5 billion, deposits of $28.9 billion, stockholders’ equity of $6.8 billion, and a market cap of $6.3 billion.

Our two bank subsidiaries feature a divisional structure. New York Community Bank serves customers through 225 branches encompassing seven divisions: Queens County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank, and Roosevelt Savings Bank in New York; Garden State Community Bank in New Jersey; Ohio Savings Bank in Ohio; and AmTrust Bank in Florida and Arizona. New York Commercial Bank and its Atlantic Bank division meets the needs of consumers and businesses through 30 New York-based branches.

Our History

The Company was incorporated as Queens County Bancorp, Inc. on July 20, 1993 to serve as the holding company for Queens County Savings Bank which, on April 14, 1859, was the first savings bank chartered by the State of New York in the New York City Borough of Queens. Our conversion to stock form subsequently took place on November 23, 1993.

On November 21, 2000, in anticipation of expanding beyond our then-current market, we changed our name to New York Community Bancorp, Inc. We have since grown through nine traditional mergers and two FDIC-assisted transactions; today our branch network includes locations in New York, New Jersey, Ohio, Florida, and Arizona.

What We Do

New York Community Bancorp, Inc. is a leading producer of multi-family loans for portfolio in New York City, with an emphasis on non-luxury rent-regulated buildings that feature below-market rents. At the end of September, our multi-family loan portfolio totaled $27.2 billion, representing 72.4% of total held-for-investment loans.

We offer a wide range of financial products and services for individuals and businesses, and operate our branches with an emphasis on convenience with 24-hour ATM banking available at 247 locations and 212 New York Community Bank branches open at least six days a week. Our customers also have 24-hour access to their accounts with online banking, mobile banking, and banking by phone.

Our Mission

Our mission is to excel in all we do for all we serve:

Our Customers – to provide our customers with easy access to the full range of products and services they need, and the exceptional quality of service they expect and deserve.

Our Communities – to enhance the quality of life in the communities we serve by contributing time, talent, and funding to worthy organizations engaged in the promotion of affordable housing, education, health care, science, civic responsibility, and the arts.

Our Employees – to give our employees the opportunity to grow professionally, to excel in their positions, and to be recognized and rewarded for the achievement of their goals, and those of the Company and the Banks.

Our Shareholders – to provide our shareholders with a solid return on their investment by producing a strong financial performance, maintaining a solid capital position, and engaging in corporate strategies that enhance the value of their shares.