NYCB commits to contributing up to $150,000 to the Salvation Army's
local relief efforts by matching funds collected at its 270+ branches in
five states
WESTBURY, N.Y.--(BUSINESS WIRE)--
The NYCB Family of Banks, consisting of New York Community Bancorp, Inc.
(NYSE:NYB), its subsidiaries New York Community Bank and New York
Commercial Bank, and their eight local divisions, today announced the
establishment of a relief fund for the victims of Hurricane Sandy.
The NYCB Family of Banks is coordinating this effort to enable its
employees and customers to easily and effectively make donations, and to
double the benefit of the donations they make.
New York Community Bancorp’s corporate headquarters and 206 of its
branches are within the area affected by the hurricane. “To see so many
people in crisis in our own backyard is both saddening and shocking; you
can’t help but be affected and want to do what you can to ease the
pain,” Company President and Chief Executive Officer Joseph R. Ficalora
explained.
“By matching the funds contributed in our branches, we will double each
donation. Based on the gratifying response to our efforts in the wake of
Katrina, in 2005, we would expect to contribute as much as $150,000 to
ease the burden on our neighbors that have been affected throughout the
markets we serve.
“As a community bank, we have a commitment to support the causes that
are important to our customers and our employees, and providing relief
for them and their neighbors ranks at the top of that list. The funds we
raise will be contributed to the Salvation Army, which can be counted on
to use our donation for the betterment of those local families who need
it the most."
"In addition, our local branches in New York and New Jersey--the vast
majority of which are open--continue to be a true community resource ,
providing charging stations, refreshments, and support for those in
need," Mr. Ficalora said.
Donations to the NYCB Cares Matching Fund can be made at any of The NYCB
Family of Bank’s 270+ branches in New York, New Jersey, Ohio, Florida,
and Arizona, and no gift is too small. To find the branch nearest to
you, please visit www.nycbfamily.com
or www.amtrust.com.
About The NYCB Family of Banks
The NYCB Family of Banks includes New York Community Bancorp, Inc and
its two bank subsidiaries, New York Community Bank, a thrift, and New
York Commercial Bank. With 240 branches, New York Community Bank serves
its customers through seven local divisions--four in New York (Queens
County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank,
and Roosevelt Savings Bank), one in New Jersey (Garden State Community
Bank), one in Ohio (Ohio Savings Bank) and one in Florida and Arizona
(AmTrust Bank). The Commercial Bank serves its customers throughout
Metro New York through 34 branches, including 17 that operate under the
name Atlantic Bank. Additional information about the Company and its
bank subsidiaries is available at www.myNYCB.com
and www.NewYorkCommercialBank.com.

New York Community Bancorp, Inc.
Kelly Maude Leung, 516-683-4032
First
Vice President and Manager, Corporate Communications
Source: New York Community Bancorp, Inc.