Thomas R. Cangemi Promoted to President and Chief Executive Officer of New York Community Bancorp
New York Community Bancorp has elevated Thomas R. Cangemi to President of both the holding company and New York Community Bank. Thomas has also been appointed as a Director on the Boards of both companies. He has served New York Community in several executive level roles throughout his nearly two-decades long tenure, most recently as Senior Vice President and Chief Financial Officer. He was previously with Richmond County Financial Corporation before it merged with New York Community. Thomas succeeds Joseph R. Ficalora, who will be retiring as President, Chief Executive Officer and Director.
Based in Westbury, NY, New York Community Bancorp, Inc. 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.