AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
INDEPENDENCE COMMUNITY BANK CORP. Brooklyn, New York Shift To Commercial Bank Paying Big Dividends Here.(THE NEW AMERICA)
Byline: AMY REEVES
With the massive hit the New York financial industry took from Sept. 11, you'd think a bank that operates entirely in and around the city would be struggling.
Not so for Independence Community Bank Corp.
The firm keeps churning out financial growth despite the Big Apple's staggering economy. That's partly due to its geographic setup. Most of the bank's 69 branches are in New York's outer boroughs and suburbs.
But Independence also benefits from a new policy brought by a change in leadership.
Last March, bank industry veteran Alan Fishman took over as president and chief executive from the retiring Charles Hamm. Like many banks, Independence has been converting itself from a thrift to a primarily commercial bank. Fishman accelerated the transition.
"(Fishman) saw an opportunity in New York where there was really a lack of commercial banks of their asset size," said Scott Valentin, analyst at FBR & Co. "What he foresaw was an opportunity to use their size and distribution to really go after the commercial customer and focus on service rather than just price."
- Independence Air Introduces New Low-Fare Service to New York JFK; 13 Daily...
- Press release article from: PR Newswire May 19, 2004 700+ words
...I am excited about Independence Air's entry into...Airport. "Travelers to New York now have another option...constituents." The Independence Air hub at Washington...challenge the status quo. INDEPENDENCE AIR FLIGHT SCHEDULE Effective August 1, 2004 New York NY (JFK) to/from...
- Sithe Energies Plans To Increase Generating Capacity At Independence Station...
- Press release article from: Business Wire July 23, 1998 700+ words
...its 1,040 MW Independence Station in Scriba, New York. Sithe said it...request with the New York State Public Service Commission. Independence Station, already...plant built in New York, Independence earned an endorsement...
- Jamaica PM in New York for independence celebrations.
- News wire article from: Asia Africa Intelligence Wire August 13, 2005 700+ words
...speaker at a gala Independence Ball at New York's Hilton &...Consul General in New York and organizer of the Independence Ball said it is...among highlights of Independence celebrations in the New York metropolitan area...
- Independence Air to Begin Service to New York JFK Sunday.
- Press release article from: PR Newswire July 30, 2004 700+ words
...ticker symbol to FLYI. Independence Air is the low-fare...challenge the status quo. INDEPENDENCE AIR FLIGHT SCHEDULE Effective August 1, 2004 New York NY (JFK) to/from Washington...International Airport New York to Dulles Dulles to New...
- Celebrate this Independence Day with a 4-for-3 Promotion from New York's Hotel...
- Press release article from: PR Newswire June 16, 2009 700+ words
NEW YORK, June 16 /PRNewswire/ -- New York's Hotel Pennsylvania, The World's Most Popular Hotel...a special 4-for-3 promotion for visitors coming to New York this Independence Day. The promotion is simple: When booking a room for...
- New owners bet on Independence; Purchase brings big Philadelphia bank to tough...
- Magazine article from: Crain's New York Business Fredrickson, Tom October 31, 2005 700+ words
...9 bank in the New York metro market...chief executive. Independence CEO Alan Fishman, who will run the New York metro market and...executives say, Independence will be able to...advertise them in New York's costly media...
- Reluctant Revolutionaries: New York City and the Road to Independence,...
- Magazine article from: The Journal of Interdisciplinary History Egnal, Marc March 22, 1998 700+ words
...historian who writes about New York politics in the dozen years before Independence accepts a tough challenge...often confusing, account of New York City politics in the Revolutionary...267). But the idea of New York City's heterogeneity slowing...
- Santander Makes $2.4 Billion Minority Investment in Sovereign Bancorp, Inc. at...
- Press release article from: PR Newswire October 24, 2005 700+ words
...acquire 100% of Independence Community Bank...of Brooklyn, New York, for $42 per...attractive Metro New York Market. Independence has $18.5...of the Metro New York Market. In addition, one of Independence's outside directors...
- Independence Air Announces New Airbus Service From Washington Dulles to New...
- Press release article from: PR Newswire September 26, 2005 700+ words
...fare airline Independence Air is announcing...International Airport to New York's LaGuardia International...launched service with Independence Air in June of...airport in the New York metro area. We...throughout the Independence Air system, while...flights to two New ...
- A.M. Best Downgrades Ratings of Standard Security Life of New York and...
- Press release article from: Business Wire November 19, 2007 700+ words
...Insurance Company of New York (SSL). A.M...from "bbb" of Independence Holding Company...from "bbb+" of Independence American Insurance Company (Independence American) (all three domiciled in New York, NY). Additionally...