New York Community Bancorp, Inc. is a bank holding company that operates primarily through its subsidiaries, New York Community Bank and New York Commercial Bank. Established in 1859 and headquartered in Westbury, New York, the company provides a wide range of banking products and services across Metro New York, New Jersey, Ohio, Florida, and Arizona. Its offerings include various deposit products such as checking accounts, savings accounts, and certificates of deposit, alongside a diverse suite of loans, including multi-family mortgages, commercial real estate loans, and consumer loans. Additionally, it provides insurance products, annuities, mutual funds, and cash management services. The company serves individuals, small and mid-sized businesses, and professional associations through a network of 241 community bank branches and 348 ATMs. Known for its focus on multi-family mortgage lending, particularly for apartment buildings with below-market rents, New York Community Bancorp emphasizes accessible banking solutions for its customers.
Group 1 Automotive is a prominent automotive retailer that operates approximately 206 dealerships and 42 collision service centers across the United States and the United Kingdom. The company represents around 35 different automobile brands, with new vehicle sales accounting for about 60% of its total revenue. Group 1's dealerships primarily focus on metropolitan markets, with a significant concentration in Texas, which alone generated 38% of the company's new-vehicle volume in 2023. The company also provides financing, maintenance and repair services, and sells replacement parts, contributing to its diverse revenue streams. In 2023, Group 1 Automotive reported total revenue of $17.9 billion, with plans for further expansion following a pending acquisition that will increase its presence in the UK. Founded in 1995, the company continues to grow its footprint in the automotive industry.
Flagstar Financial
Acquisition in 2021
Flagstar Bank, based in Troy, Michigan, operates as a savings and loan holding company providing a wide range of banking and financial services to individuals and businesses across the United States. The bank’s Community Banking segment offers products such as checking and savings accounts, loans, and commercial real estate financing. Additionally, it provides treasury management, merchant services, and capital markets solutions. Flagstar is recognized as a major originator of single-family residential mortgage loans, catering to this market through various channels including branches and online platforms. The Mortgage Servicing segment manages residential mortgages, offering services and escrow solutions. With a network of over 160 full-service branches and a significant presence in mortgage origination, Flagstar Bank aims to deliver personalized banking services that meet the diverse financial needs of its customers. Established in 1987, the bank has grown to become a key player in both retail banking and mortgage lending nationwide.
Roslyn Bancorp
Acquisition in 2003
Roslyn Bancorp, Inc. was acquired by New York Community Bancorp Inc. Roslyn Bancorp, Inc. operates as a holding company for the The Roslyn Savings Bank which offers personal and business banking services. The company provides savings and money market accounts, certificates of deposits, and credit cards. It also offers commercial lending services and life insurance products. Roslyn Bancorp Inc. was formerly known as The Roslyn Savings Bank and changed its name in January 1997. The company was founded in 1875 and is based in Jericho, New York. Source: [Bloomberg Businessweek] (http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=360823)
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