Atlantic Bank of New York

Atlantic Bank of New York
Subsidiary of New York Community Bank
Industry Financial services
Founded 1926 (1926)
6th Avenue, Manhattan

Atlantic Bank of New York is a bank holding company and a subsidiary of New York Community Bank.

History

In 1926, Bank of Athens Trust Company, a subsidiary of Bank of Athens, received a bank charter in New York State.[1]

In 1952, the bank changed its name to Atlantic Bank of New York.[1]

In 1953, the bank acquired Hellenic Bank Trust Company.[1]

In 1959, the bank acquired Bankatlanta Safe Deposit Company.[1]

In 2002, the bank acquired Yonkers S&L.[1][2]

In 2006, the bank was acquired by New York Community Bank for $400 million.[3]

In 2014, Spiros J. Voutsinas, the president & chief executive officer of the bank, died.[4]

References

  1. 1 2 3 4 5 "History". New York State Department of Financial Services.
  2. ↑ "Atlantic Bank of New York Reports 34% Increase in Earnings for First Quarter of 2003" (Press release). Business Wire. April 23, 2003.
  3. ↑ Diamataris, Antonis (October 14, 2005). "Ntl. Bank of Greece Sells Atlantic Bank to New York Bank for $400M in Cash". The National Herald.
  4. ↑ "New York Community Bancorp, Inc. Regretfully Announces the Passing of Spiros J. Voutsinas, a Member of the Board of Directors, and President & Chief Executive Officer of the Atlantic Bank Division of New York Commercial Bank" (Press release). Business Wire. May 1, 2014.
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