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LIA in the News - 2010

Joseph R. Ficalora of New York Community Bancorp, Inc. to Receive LIA Medal of Honor

FOR IMMEDIATE RELEASE
Melville, Long Island, NY
April 08, 2010
CONTACT: Heather Shivokevich 631.493.3036
Gary Wojtas 631.493.3020

The Long Island Association (LIA) Annual Awards Gala, the premiere business and social evening on Long Island, will honor four special individuals for their leadership and corporate citizenship on Friday, May 14, 2010 at the Crest Hollow Country Club in Woodbury.
 
The recipient of the prestigious LIA Medal of Honor is Joseph R. Ficalora, chairman, president, and chief executive officer of New York Community Bancorp, Inc. (NYCB) and its two primary subsidiaries, New York Community Bank and New York Commercial Bank. With assets of $42.2 billion, NYCB is the 22nd largest bank holding company in the nation.

Under Mr. Ficalora’s leadership, the Company has evolved from a mutual savings bank with seven branches in Queens and Nassau Counties to a publicly traded multi-bank holding company with 282 branch offices serving consumers and businesses throughout Metro New York, New Jersey, Florida, Ohio, and Arizona. Established in 1859, New York Community Bank is one of the largest thrift depositories in the nation.

Since 1965, when he joined the Community Bank, Mr. Ficalora has been instrumental in its evolution, holding various positions of increasing responsibility across all lines of operations. Named president and chief operating officer of the Community Bank in 1989, he spearheaded the establishment of New York Community Bancorp four years later, and has served as resident and chief executive officer of the Company since its inception on July 20, 1993. Mr. Ficalora has also served as chairman of the Company and the Banks since January 1, 2007, a title he held previously from July 1993 through July 2001.

A graduate of Pace University with a degree in business and finance, Mr. Ficalora provides leadership to several professional banking organizations. He was recently elected to the Board of Directors of the American Bankers Association (ABA), and serves on its American Bankers Council as well as its Budget Committee. A director of the New York Bankers Association (NYBA) and chairman of its Metropolitan Area Division, Mr. Ficalora also serves on the Boards of Directors of the Federal Home Loan Bank of New York, RSI Retirement Trust and Peter B. Cannell & Co., Inc., an investment advisory firm. Mr. Ficalora is a former member of both the Thrift Institutions Advisory Council of the Federal Reserve Board in Washington and the Federal Reserve Bank of New York Thrift Institutions Advisory Panel.

Mr. Ficalora also is an active participant in community affairs. A member of the Board of Directors of the Queens Chamber of Commerce since 1990, Mr. Ficalora has served on its Executive Committee since April 1992. In addition, Mr. Ficalora is president of the Queens Library Foundation Board and serves on the boards of directors of the Queens Borough Public Library, the New York Hall of Science, Flushing Cemetery, and the Advisory Council of the Queens Museum of Art.

For information to attend the 2010 LIA Gala or to advertise in the LIA Gala Journal (insertion deadline is April 18), contact Barbara Legname at 631.493.3034 or BLegname@longislandassociation.org.
 
The Long Island Association (LIA) is the region’s largest and most influential business and civic organization. With more than 5,000 members and a 57-member board of directors, the LIA is the voice of Long Island. Created over 80 years ago, the LIA brings together business, labor, education, government, not-for-profits, chambers of commerce and civic organizations working to make Long Island an even better place to live, work, raise a family, and do business. For more information on the LIA, visit: www.liaonline.org.
 
 
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