New York Community Bancorp, Inc. President and Chief Executive Officer Joseph R. Ficalora to Speak at Morgan Stanley and Credit Suisse Investor Conferences

January 27, 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 speak about the Company’s fourth quarter 2010 performance and its business model at Morgan Stanley’s North American Financials Conference on Wednesday, February 2nd, and at Credit Suisse’s 12th Annual Financial Services Forum on Thursday, February 10th.

Mr. Ficalora’s presentation at the Morgan Stanley Conference will commence at 9:30 a.m. Eastern Time on February 2nd and will be simultaneously webcast at the Company’s Investor Relations web site, ir.myNYCB.com. A replay of the webcast will be available within an hour of its completion and will be archived, together with the accompanying PowerPoint slides, through February 9, 2011.

Mr. Ficalora’s presentation at the Credit Suisse Conference will commence at 11:00 a.m. Eastern Time on February 10th, and will be simultaneously webcast at ir.myNYCB.com. The replay of the webcast will be available within 24 hours and will be archived, together with the accompanying PowerPoint slides, through February 17, 2011.

About New York Community Bancorp, Inc.

With assets of $41.2 billion at December 31, 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 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