Company Overview

Independence Community Bank Corp., through its wholly owned subsidiary, Independence Community Bank (bank), provides financial services to individuals and small to medium-sized businesses in the greater New York City metropolitan area. It offers negotiable order of withdrawal accounts, money market accounts, noninterest-bearing checking accounts, passbook and statement savings accounts, business checking accounts, cash management services, New Jersey municipal deposits, interest on lawyers trust accounts, interest on lawyers accounts, and term certificate accounts, as well as originates multifamily residential loans, single-family and cooperative apartment loans, commercial real estate loans...

Independence Community Bank Corp., through its wholly owned subsidiary, Independence Community Bank (bank), provides financial services to individuals and small to medium-sized businesses in the greater New York City metropolitan area. It offers negotiable order of withdrawal accounts, money market accounts, noninterest-bearing checking accounts, passbook and statement savings accounts, business checking accounts, cash management services, New Jersey municipal deposits, interest on lawyers trust accounts, interest on lawyers accounts, and term certificate accounts, as well as originates multifamily residential loans, single-family and cooperative apartment loans, commercial real estate loans, commercial business loans, lines of credit to mortgage bankers, and consumer loans. The bank also offers noncredit cash management services, such as lockbox services, sweep accounts, automated clearing house services, account reconciliation services, escrow services, zero balance accounts, cash concentration, wire transfer services, and a cash management suite of services that enables business customers to access via the Internet. It also offers annuity products and mutual funds, through arrangements with a third party, as well as provides trust and investment services, and acts as executor or administrator of estates, and as trustee for various types of trust. The bank invests in U.S. Treasury obligations, securities of various federal agencies and of state and municipal governments, preferred securities, mutual funds, equity securities, and corporate and trust obligations. As of September 30, 2005, it operated 123 banking offices in the New York Metropolitan area. The company was founded in 1850 and is headquartered in Brooklyn, New York. As of June 1, 2006, Independence Community Bank Corp. operates as a subsidiary of Santander Holdings USA, Inc.

Key Executives for Independence Community Bank Corp.

Similar Private Companies By Industry

Recent Private Companies Transactions