Signature
Bank (Nasdaq:SBNY), a New York-based full-service commercial bank,
announced today that the Bank’s proxy materials for its 2015 Annual
Meeting of Shareholders are now available via the Internet.
Shareholders as of the March 5, 2015 record date for the Annual Meeting
will be mailed a "Notice Regarding the Availability of Proxy Materials."
This notice will provide the Internet web site address where the proxy
materials can be viewed and shares can be voted. It will also include
instructions for requesting a paper copy of the proxy materials via
telephone, Internet web site or email.
Signature Bank’s 2015 Annual Meeting of Shareholders will be held on
Thursday, April 23rd, 2015 at 9:00 a.m. (Eastern Time) at The
Roosevelt Hotel, 45 East 45th Street, New York, NY 10017,
(212) 661-9600.
Signature Bank’s 2014 annual report and proxy statement for the 2015
Annual Meeting can also be viewed on the Company's web site by visiting http://investor.signatureny.com/annuals.cfm.
About Signature Bank
Signature Bank, member FDIC, is a New York-based full-service commercial
bank with 29
private client offices throughout the New York metropolitan area,
including those in Manhattan, Brooklyn, Westchester, Long Island,
Queens, the Bronx and Staten Island. The Bank’s growing network of
private client banking teams serves the needs of privately owned
businesses, their owners and senior managers.
Signature Bank offers a wide variety of business and personal banking
products and services. Its specialty finance subsidiary, Signature
Financial, LLC, provides equipment finance and leasing as well as
transportation and taxi medallion financing. Signature Securities Group
Corporation, a wholly owned Bank subsidiary, is a licensed
broker-dealer, investment adviser and member FINRA/SIPC, offering
investment, brokerage, asset management and insurance products and
services.
Since commencing operations in May 2001, Signature Bank has grown to
$27.3 billion in assets, $22.6 billion in deposits, $2.5 billion in
equity capital and $3.6 billion in other assets under management as of
December 31, 2014. Signature Bank's Tier 1 and risk-based capital ratios
are significantly above the levels required to be considered well
capitalized.
Signature Bank was named the Best
Bank in America by Forbes for 2015 and the only large cap
bank to appear on Forbes’ list of America’s
50 Most Trustworthy Financial Companies. Signature Bank also was
voted Best Business Bank by the New
York Law Journal in the publication’s fifth
annual reader survey; named the nation’s fifth top-performing bank
by ABA
Banking Journal; and ranked seventh on Bank Director
magazine’s 2014 Bank
Performance Scorecard for banks with assets between $5 and $50
billion.
For more information, please visit www.signatureny.com.
This press release and oral statements made from time to time by our
representatives contain "forward-looking statements" within the meaning
of the Private Securities Litigation Reform Act of 1995 that are subject
to risks and uncertainties. You should not place undue reliance
on those statements because they are subject to numerous risks and
uncertainties relating to our operations and business environment, all
of which are difficult to predict and may be beyond our control. Forward-looking
statements include information concerning our future results, interest
rates and the interest rate environment, loan and deposit growth, loan
performance, operations, new private client teams and other hires, new
office openings and business strategy. These statements often
include words such as "may," "believe," "expect," "anticipate,"
"intend," “potential,” “opportunity,” “could,” “project,” “seek,”
“should,” “will,” would,” "plan," "estimate" or other similar
expressions. As you consider forward-looking statements, you
should understand that these statements are not guarantees of
performance or results. They involve risks, uncertainties and
assumptions that could cause actual results to differ materially from
those in the forward-looking statements and can change as a result of
many possible events or factors, not all of which are known to us or in
our control.
These factors include but are not limited to: (i) prevailing economic
conditions; (ii) changes in interest rates, loan demand, real estate
values and competition, any of which can materially affect origination
levels and gain on sale results in our business, as well as other
aspects of our financial performance, including earnings on
interest-bearing assets; (iii) the level of defaults, losses and
prepayments on loans made by us, whether held in portfolio or sold in
the whole loan secondary markets, which can materially affect charge-off
levels and required credit loss reserve levels; (iv) changes in monetary
and fiscal policies of the U.S. Government, including policies of the
U.S. Treasury and the Board of Governors of the Federal Reserve System;
(v) changes in the banking and other financial services regulatory
environment and (vi) competition for qualified personnel and desirable
office locations. Although we believe that these forward-looking
statements are based on reasonable assumptions, beliefs and
expectations, if a change occurs or our beliefs, assumptions and
expectations were incorrect, our business, financial condition,
liquidity or results of operations may vary materially from those
expressed in our forward-looking statements. Additional risks are
described in our quarterly and annual reports filed with the FDIC. You
should keep in mind that any forward-looking statements made by
Signature Bank speak only as of the date on which they were made. New
risks and uncertainties come up from time to time, and we cannot predict
these events or how they may affect the Bank. Signature Bank has
no duty to, and does not intend to, update or revise the forward-looking
statements after the date on which they are made. In light of
these risks and uncertainties, you should keep in mind that any
forward-looking statement made in this release or elsewhere might not
reflect actual results.
Copyright Business Wire 2015