It is with immeasurable sadness that New York Community Bancorp, Inc.
(NYSE: NYCB) (the “Company”) today announced the death of Spiros J.
(“Jerry”) Voutsinas, a deeply respected and highly regarded member of
the Board of Directors of the Company and its subsidiaries, New York
Community Bank (the “Community Bank”) and New York Commercial Bank (the
“Commercial Bank”), on April 26, 2014.
One of four nominees for re-election to the Board of Directors at the
Annual Meeting of Shareholders to be held on June 4, 2014, Mr. Voutsinas
joined the Board of the Company and the Community Bank in connection
with the Company’s acquisition of Roslyn Bancorp, Inc. on October 31,
2003, and the Board of the Commercial Bank upon its establishment on
December 30, 2005. In recognition of his accomplishments and his strong
ties to the Greek-American community, Mr. Voutsinas was named President
and Chief Executive Officer of the Commercial Bank’s new Atlantic Bank
Division upon the acquisition of Atlantic Bank of New York from the
National Bank of Greece on April 28, 2006.
A career banker, Mr. Voutsinas spent 28 years at the Apple Bank for
Savings before retiring as Executive Vice President and Director in
1987. From November 1988 to March 2007, he served as President of Omega
Capital, Inc., a real estate development and syndication firm based in
New York City. He also was a general partner of Omega Partners LP, a
money management firm specializing in bank stocks, from 1991 to 2005.
Prior to joining the Board of Roslyn Bancorp, Inc. in 1999, Mr.
Voutsinas was a director of TR Financial Corp. and Roosevelt Savings
Bank, for six and seven years, respectively.
Commenting on Mr. Voutsinas’ singular contributions to the Company and
the Commercial Bank’s Atlantic Bank Division, President and Chief
Executive Officer Joseph R. Ficalora stated, “Jerry--as he was
affectionately known by those who had the pleasure of working with
him--was a remarkable human being: a leader in our industry, a kind and
generous colleague, a highly respected professional, and a devoted
family man. He was open in his gratitude for the opportunities his
adopted country gave him, and equally as open in his love for his
homeland, Greece. His warmth and ease and intelligence were powerful
traits that served him well in his endeavors, and served us well as we
strove to expand the Commercial Bank. We extend our deepest sympathies
to his beloved wife, Arias, and to the children and grandchildren he
loved and so often spoke of. I know that I speak for Jerry’s fellow
directors and officers, and the employees he worked with, when I say we
were fortunate to know him, and he truly will be missed.”
About New York Community Bancorp, Inc.
With assets of $47.6 billion at March 31, 2014, New York Community
Bancorp, Inc. currently ranks 20th among the largest U.S. bank holding
companies, and is a leading producer of multi‐family mortgage loans in
New York City, with an emphasis on apartment buildings that are
rent-regulated and feature below‐market rents. The Company has two bank
subsidiaries: New York Community Bank, a thrift, with over 240 branches
serving customers throughout Metro New York, New Jersey, Ohio, Florida,
and Arizona; and New York Commercial Bank, with 30 branches serving
customers in Manhattan, Queens, Brooklyn, Long Island, and Westchester
County in New York.
Reflecting its growth through a series of acquisitions, the Community
Bank operates through seven local divisions, each with a history of
service and strength: Queens County Savings Bank in Queens; Roslyn
Savings Bank on Long Island; Richmond County Savings Bank on Staten
Island; Roosevelt Savings Bank in Brooklyn; Garden State Community Bank
in New Jersey; Ohio Savings Bank in Ohio; and AmTrust Bank in Florida
and Arizona. Similarly, the Commercial Bank operates 18 of its branches
under the divisional name Atlantic Bank. Additional information about
the Company and its bank subsidiaries is available at www.myNYCB.com
and www.NewYorkCommercialBank.com.
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