About Signature Bank

Website
Website
Employees
Employees
1,001-5,000 employees View all
Industry
Industry
Banking
Location
Location
565 Fifth Avenue, New York, US
Description
Information
On March 20, 2023, Flagstar Bank, N.A (“Flagstar”), the wholly owned subsidiary of New York Community Bancorp Inc. (“NYCB”), Hicksville, New York, acquired $12.9 billion of Signature Bank’s loans and assumed $38.4 billion in deposits. Flagstar also acquired all 40 of Signature’s branches, which are now operated under the Flagstar name. This announcement is a significant advantage to our clients and their business, as it highlights a partnership of like-minded, client-forward institutions. This transaction provides significant diversification and strength needed in today’s banking system while further advancing NYCB and Flagstar’s strategic plan to transition to a commercial bank model. It also unites the key assets of two banks with complementary strategies to create a commercial bank powerhouse. With this transaction, Flagstar will be one of the larger commercial banks in the country, with a fortress-like balance sheet, strong liquidity, and excellent asset quality metrics. The regulatory approval of the acquisition reflects the strength of the combined institution. Our clients will continue to be serviced by their Private Client Group in the same client-centric single-point-of-contact strategy. The company is headquartered in Hicksville, New York, with regional headquarters in Troy, Michigan and a presence in several major cities across the country. Our goal is to deliver a new energy in finance.

Frequently Asked Questions about Signature Bank

What is Signature Bank email format?

The widely used Signature Bank email format is {f}{last} (e.g. [email protected]) with 80.65% adoption across the company.


What is Signature Bank customer service number?

To contact Signature Bank customer service number in your country click here to find.


Who is the CEO of Signature Bank?

Bill Maguire is the CEO of Signature Bank. To contact Bill Maguire email at [email protected].


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