New York Community Bancorp, Inc. President, President and Chief Executive Officer Thomas R. Cangemi elected Director of Federal Home Loan Bank of New York

HICKSVILLE, NY, December 7, 2021 / PRNewswire / – Enabled December 6, 2021, the Federal Home Loan Bank of new York (the “FHLBNY”) announced that Thomas R. Cangemi, Chairman of the Board, President and CEO of New York Community Bancorp, Inc. (the “Company”) was elected by the eligible members of the FHLBNY new York members to sit on the board of directors of the FHLBNY for a four-year term representing new York. Mr. Cangemi’s term begins on January 1, 2022 and end on December 31, 2025.

Commenting on the appointment, José R. González said: “The Federal Home Loan Bank of new York benefits greatly from the depth and breadth of our board of directors, which strengthens our ability to meet the needs of our members and the communities we serve. I look forward to continuing to benefit from the guidance provided by our re-elected Directors, and I am excited by the insights and experiences that Mr. Cangemi and the other newly elected Directors will bring to their positions. My colleagues and I at FHLBNY will continue to work closely with all of our directors to ensure that the co-op remains a reliable strategic partner for our members. “

“For decades, the FHLBNY has played a vital role in the stability and recovery in the greater new York region, ”Cangemi said. “The Board of Directors has played an important role in supporting the mission of FHLB-NY and I look forward to working closely with my fellow directors and management.

About the community of New York Bancorp, Inc.
Situated at Hicksville, New York, New York Community Bancorp, Inc. is a leading producer of multi-family loans on non-luxury, rent-regulated apartment buildings in New York City, and the parent company of New York Community Bank. As of September 30, 2021, the Company declared assets of $ 57.9 billion, loans from $ 43.7 billion, deposits of $ 34.6 billion, and the shareholders’ equity of $ 7.0 billion.

Reflecting our growth through a series of acquisitions, the company operates 236 branches across eight local divisions, each with a history of service and strength: Queens County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank, Roosevelt Savings Bank and Atlantic Bank at new York; Garden State Community Bank at New Jersey; Ohio Savings Bank at Ohio; and AmTrust Bank in Florida and Arizona.

Investor / media contact:

Salvatore J. DiMartino

(516) 683-4286

SOURCE New York Community Bancorp, Inc.

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