Atlantic Bank of New York
| Company type | Subsidiary of New York Community Bank |
|---|---|
| Industry | Financial services |
| Founded | 1926 |
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
- ^ a b c d e "History". New York State Department of Financial Services.
- ^ "Atlantic Bank of New York Reports 34% Increase in Earnings for First Quarter of 2003" (Press release). Business Wire. April 23, 2003.
- ^ Diamataris, Antonis (October 14, 2005). "Ntl. Bank of Greece Sells Atlantic Bank to New York Bank for $400M in Cash". The National Herald.
- ^ "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.