New York Community Bancorp completed the acquisition of C&I business of Signature Bridge Bank from FDIC.

New York Community Bancorp, a bank holding company, completed the acquisition of C&I business of Signature Bridge Bank, a commercial bank, from the Federal Deposit Insurance Corporation. Financial terms were not disclosed. "I would like to first and foremost extend a warm welcome to all of our new employees joining us from Signature. Over the past 20 years, Signature and New York Community have operated in the same markets and we have great respect and admiration for the employee base. Secondly, I would like to welcome our new customers and assure them that they are supported by an organization that has been a mainstay in its communities since 1859. We look forward to serving each of you and the new communities which we have entered," Thomas R. Cangemi, NYCB President and CEO.