New York Community Bancorp Inc. has dropped the 10 brand names on its branches — including Roslyn Savings Bank, Queens County Savings Bank and New York Community Bank — in favor of the name of a Michigan-based lender that it purchased in December 2022: Flagstar Bank. The move, months in the making, retires the Queens County Savings name, which dates from 1859, and Roslyn Savings, which goes back to 1875. Flagstar signs were erected at NYCB's Hicksville headquarters and at branches and ATMs o...
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Based upon the high success rates experienced in the pilot... matched savings program in Australia, Roslyn has drawn... A bank led program is congruent with this aim. That is, a financial...
When Gabrielle Deonath, 28, and Sadiqur Rahman, 29, were planning their 2022 wedding, they thought they were going to rent for a year or two and then buy a house. Rahman, who co-owns a real estate investment firm, Exquisite Ventures in Floral Park, said they began to rethink their options after realizing how much money they would need to initially put down to buy a house and afford a mortgage. "The more I learned about mortgages — at the end of the 30 years, you're paying three to four times more than the house cost — it didn't sit well," R ...
While NYCB was never well known nationally, it grew consistently for decades, acquiring smaller banks, including troubled financial institutions, and rebranding branches as Flagstar Bank. The more-than-400-branch bank, which is also rebranding the company as Flagstar Financial, has now taken a hit as it faces its own financial troubles, after last year acquiring $38.4 billion in assets from failed Signature Bank in a $2.7 billion deal. Facing pressures on commercial loans and integrating acquisitions, Flagstar has been restructuring and changin ...
If you're talking big bank mergers, Joseph R. Ficalora has been around the block. The intersection of Roosevelt Avenue and Main Street in Flushing, to be exact. It's the third-busiest pedestrian crossing in New York City -- busier even than Times Square. Within a five-block radius, 35 bank branches once competed with Queens County Savings Bank, one of the seven banks Ficalora runs. One by one, rivals such as Chemical Bank, Manufacturers Hanover, and Dime Savings were swallowed up by even bigger banks. Their names disappeared and branches closed ...
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September 5, 2023 BNY MELLON FAMILY OF FUNDS (Bond Funds) Supplement to Current Statement of Additional Information Effective on or about October 13, 2023, the following information...
With inflation and interest rates on the rise, potential lay... Newsweek reached out to Roslyn Weems, a wealth, savings, and... UMB Bank, Abby Wendel, who shared five tips to help you build...
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