New York Community Bancorp, Inc. Chairman, President, & CEO Joseph R. Ficalora to Speak at Stifel Nicolaus Conference on November 2, 2010 at 2:50 P.M. (ET)

October 28, 2010

WESTBURY, N.Y.--(BUSINESS WIRE)-- New York Community Bancorp, Inc. (NYSE: NYB) (the “Company”) today announced that its chairman, president, and chief executive officer, Joseph R. Ficalora, will participate in the Stifel Nicolaus Bank & Thrift Conference in New York City on Tuesday, November 2, 2010.

During his presentation, which is scheduled to begin at 2:50 p.m. Eastern Time, Mr. Ficalora will discuss the Company’s third quarter 2010 financial performance and its business model.

A simultaneous webcast of the presentation will be available at the Company’s web site, ir.myNYCB.com. A replay of the webcast will be available later in the day, and will be archived at the Company’s web site, together with the accompanying PowerPoint slides, through November 16, 2010.

About New York Community Bancorp, Inc.

With assets of $41.7 billion at September 30, 2010, New York Community Bancorp, Inc. is the 22nd largest bank holding company in the nation and a leading producer of multi-family mortgage loans in New York City, with an emphasis on apartment buildings that feature below-market rents. The Company has two bank subsidiaries: New York Community Bank, a thrift with 243 branches serving customers throughout Metro New York, New Jersey, Ohio, Florida, and Arizona; and New York Commercial Bank, with 34 branches serving customers in Manhattan, Queens, Brooklyn, Long Island, and Westchester County in New York.

Reflecting its growth through a series of acquisitions, the Community Bank operates through seven local divisions, each with a history of service and strength: Queens County Savings Bank in Queens; Roslyn Savings Bank on Long Island; Richmond County Savings Bank on Staten Island; Roosevelt Savings Bank in Brooklyn; Garden State Community Bank in New Jersey; Ohio Savings Bank in Ohio; and AmTrust Bank in Florida and Arizona. Similarly, the Commercial Bank operates 17 of its branches under the divisional name Atlantic Bank. Additional information about the Company and its bank subsidiaries is available at www.myNYCB.com and www.NewYorkCommercialBank.com.

Source: New York Community Bancorp, Inc.

Contact:

New York Community Bancorp, Inc.

Ilene A. Angarola, 516-683-4420

Executive Vice President & Director

Investor Relations and Corp. Communications