HICKSVILLE, N.Y., Feb. 7, 2024
/PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB)
(the "Company") today announced the appointment of Alessandro (Sandro) DiNello as Executive
Chairman effective immediately.
In addition to continuing his role on the Board, Mr. DiNello
will work alongside President and CEO, Thomas R. Cangemi, and the rest of the senior
executive leadership team, to improve all aspects of the Bank's
operations.
Most recently, Mr. DiNello has served as the non-executive
chairman of the board after joining the Company following the
completion of the Flagstar bank acquisition in December 2022.
Previously, he was President and CEO of Flagstar Bank since
2013.
Conference Call Information
The Company will host a conference call to discuss these changes
at 8:30 a.m. (Eastern Time) on
Wednesday, February 7, 2024. The conference call may
be accessed by dialing (877) 407-8293 (for domestic calls) or (201)
689-8349 (for international calls) and asking for "New York
Community Bancorp" or "NYCB". A replay will be available
approximately three hours following completion of the call through
11:59 pm on February 11, 2024 and may be accessed by calling
(877) 660-6853 (domestic) or (201) 612-7415 (international) and
providing the following conference ID: 13744481. In addition,
the conference call will be webcast at ir.myNYCB.com, and archived
through 5:00 p.m. on March 6, 2024.
About New York Community Bancorp, Inc.
New York Community Bancorp, Inc. is the parent company of
Flagstar Bank, N.A., one of the largest regional banks in the
country. The Company is headquartered in Hicksville, New York. At December 31, 2023, the Company had $116.3 billion of assets, $85.8 billion of loans, deposits of $81.4 billion, and total stockholders' equity of
$10.8 billion.
Flagstar Bank, N.A. operates 420 branches, including strong
footholds in the Northeast and Midwest and exposure to high growth
markets in the Southeast and West Coast. Flagstar Mortgage operates
nationally through a wholesale network of approximately 3,000
third-party mortgage originators. In addition, the Bank has 134
private banking teams located in over 10 cities in the metropolitan
New York City region and on the
West Coast, which serve the needs of high-net worth individuals and
their businesses.
New York Community Bancorp, Inc. has market-leading positions in
several national businesses, including multi-family lending,
mortgage origination and servicing, and warehouse lending. The
Company is the 2nd largest multi-family portfolio lender in the
country and the leading multi-family portfolio lender in the
New York City market area, where
it specializes in rent-regulated, non-luxury apartment buildings.
Flagstar Mortgage is the 7th largest bank originator of residential
mortgages for the 12-months ending December
31, 2023, while we are the industry's 5th largest
sub-servicer of mortgage loans nationwide, servicing 1.4 million
accounts with $382 billion in unpaid
principal balances. Additionally, the Company is the 2nd largest
mortgage warehouse lender nationally based on total
commitments.
Investor and Media
Contact:
|
Salvatore J.
DiMartino
|
|
(516)
683-4286
|
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SOURCE New York Community Bancorp, Inc.