First New York Bank for Business

Status:Inactive as of 11/13/1992
 Absorption - Assisted
Change in Location
Successor Bank:The Merchants Bank of New York
Headquarters:First New York Bank for Business
28 West 23rd Street
New York, NY 10010
Established:07/28/1975
FDIC Insurance:07/28/1975
FDIC Cert:#22073
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$530,651,000
Total Deposits:$498,907,000

History

1975-07-28Institution established: Original name:The First Women's Bank
1989-04-24Changed name to First New York Bank for Business
1992-11-13Moved bank headquarters from NEW YORK CITY, NY to NEW YORK, NY
1992-11-13Failed. Acquired with government financial assistance and subsequently operated as part of The Merchants Bank of New York (643)
2001-01-19Merged into and subsequently operated as part of Valley National Bank (9396) in PASSAIC, NJ
2001-12-26Reorganized.
2005-03-31Acquired Shrewsbury State Bank (21492) in SHREWSBURY, NJ
2005-06-03Acquired NorCrown Bank (26267) in LIVINGSTON, NJ
2008-07-01Acquired Greater Community Bank (26480) in TOTOWA, NJ
2008-09-12Reorganized.
2010-03-11Acquired LibertyPointe Bank (58071) in NEW YORK, NY as part of a government assisted transaction.
2010-03-12Acquired The Park Avenue Bank (27096) in NEW YORK, NY as part of a government assisted transaction.
2011-06-30Reorganized.
2012-01-01Acquired State Bank of Long Island (19695) in JERICHO, NY
2014-11-01Acquired 1st United Bank (35408) in BOCA RATON, FL
2015-12-01Acquired CNLBank (34427) in ORLANDO, FL
2018-01-01Acquired USAmeriBank (58427) in CLEARWATER, FL
2019-12-01Acquired Oritani Bank (28866) in TOWNSHIP OF WASHINGTON, NJ