Signature Bank
Banking, 565 5th Ave, New York, 10017, United States, 5001-10000 Employees
Phone Number: 64********
Who is SIGNATURE BANK
On March 20, 2023, Flagstar Bank, N.A (Flagstar), the wholly owned subsidiary of New York Community Bancorp Inc. (NYCB), Hicksville, New York, acquired $12.9 billion of Signature Banks lo...
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- Headquarters: 565 5th Ave, New York, New York, 10017, United States
- Employees: 5001-10000
- Revenue: $500 Million to $1 Billion
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Similar Companies to Signature Bank
Flagstar Bank
- 5001-10000
- $ 1 Billion and Over
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Frequently Asked Questions Regarding Signature Bank
Answer: Signature Bank's headquarters are located at 565 5th Ave, New York, 10017, United States
Answer: Signature Bank's phone number is 64********
Answer: Signature Bank's official website is https://signatureny.com
Answer: Signature Bank's revenue is $500 Million to $1 Billion
Answer: Signature Bank's SIC: 6021
Answer: Signature Bank's NAICS: 522110
Answer: Signature Bank has 5001-10000 employees
Answer: Signature Bank is in Banking
Answer: Signature Bank top competitors include: Flagstar Bank
Answer: Signature Bank contact info: Phone number: 64******** Website: https://signatureny.com
Answer: On March 20, 2023, Flagstar Bank, N.A (Flagstar), the wholly owned subsidiary of New York Community Bancorp Inc. (NYCB), Hicksville, New York, acquired $12.9 billion of Signature Banks loans and assumed $38.4 billion in deposits. Flagstar also acquired all 40 of Signatures branches, which are now operated under the Flagstar name. This announcement is a significant advantage to our clients and their business, as it highlights a partnership of like-minded, client-forward institutions. This transaction provides significant diversification and strength needed in todays banking system while further advancing NYCB and Flagstars strategic plan to transition to a commercial bank model. It also unites the key assets of two banks with complementary strategies to create a commercial bank powerhouse. With this transaction, Flagstar will be one of the larger commercial banks in the country, with a fortress-like balance sheet, strong liquidity, and excellent asset quality metrics. The regulatory approval of the acquisition reflects the strength of the combined institution. Our clients will continue to be serviced by their Private Client Group in the same client-centric single-point-of-contact strategy. The company is headquartered in Hicksville, New York, with regional headquarters in Troy, Michigan and a presence in several major cities across the country. Our goal is to deliver a new energy in finance.
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