Thomas R. Cangemi Elected Chairman of New York Community Bancorp

New York Community Bancorp has appointed Thomas R. Cangemi, President and Chief Executive Officer, as Chairman of the Board. He has held several leadership roles for the company over the last two decades, including Chief Financial Officer. Thomas succeeds Michael J. Levine, who recently announced his intention to retire as Non-Executive Chairman.
 
Based in Westbury, NY, New York Community Bancorp is a leading producer of multi-family loans on non-luxury, rent-regulated apartment buildings in New York City, and the parent of New York Community Bank. As of September 30, 2020, the company reported assets of $54.9 billion, loans of $42.9 billion, deposits of $31.7 billion, and stockholders’ equity of $6.7 billion.