New York Community Bancorp, Inc. President and Chief Executive Officer Joseph R. Ficalora to Speak at Barclays Investor Conference

May 16, 2011

WESTBURY, N.Y.--(BUSINESS WIRE)-- New York Community Bancorp, Inc. (NYSE: NYB) (the “Company”) today announced that President and Chief Executive Officer Joseph R. Ficalora will participate in the Barclays Capital Americas Select Conference to be held on Monday, May 23rd in London.

During his presentation, which is scheduled to begin at 1:30 p.m. British Summer Time (8:30 a.m. Eastern Time), Mr. Ficalora will discuss the Company’s business model and its first quarter 2011 financial performance.

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 within 24 hours, and will be archived at the Company’s web site, together with the accompanying PowerPoint slides, through June 6, 2011.

About New York Community Bancorp, Inc.

With assets of $41.0 billion at March 31, 2011, 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 242 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