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Saturday, December 5, 2009, 10:36PM ET - U.S. Markets Closed. Dow Up 0.22% Nasdaq Up 0.98%
Signature Bank (SBNY)On Dec 4: 31.26  Up 0.43 (1.39%)  
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Signature Bank
565 Fifth Avenue
New York, NY 10017
United States - Map
Phone: 646-822-1500
Fax: 646-822-1520
Web Site: http://www.signatureny.com

DETAILS 
Index Membership:S&P 600 SmallCap
S&P 1500 Super Comp
Sector:Financial
Industry:Regional - Northeast Banks
Full Time Employees:553

BUSINESS SUMMARY 
Signature Bank provides business and personal banking products and services in the New York metropolitan area. It offers various deposit products, such as commercial checking accounts, money market accounts, escrow deposit accounts, lockbox accounts, cash concentration accounts, certificates of deposits, checking accounts, time deposits, and other cash management products, as well as NOW and interest-bearing checking accounts, and non-interest-bearing deposits. The company’s lending portfolio comprises commercial loans; real estate loans, including commercial real estate loans, residential real estate loans, home-equity lines of credit, and temporary financing for commercial and residential property; letters of credit; and personal lines of credit and loans to acquire personal assets. Signature Bank also offers debit/credit cards, automated teller machines, and Internet banking services. In addition, it provides asset management and investment products consisting of various individual securities, such as equities, options, fixed income securities, mutual funds, and annuities, as well as retirement products, including individual retirement accounts and administrative services for retirement vehicles, such as pension and profit sharing plans. Further, the company offers individual and group insurance products, including health, life, disability, and long-term care insurance products as an agent. Additionally, it purchases and sells the U.S. small business administration loans and pools. The company serves real estate owners/operators, real estate management companies, law firms, accounting firms, entertainment business managers, medical professionals, retail establishments, money management firms, and not-for-profit philanthropic organizations. As of December 31, 2008, it operated 22 private client offices. The company was incorporated in 2000 and is based in New York, New York.
Key Statistics

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    KEY EXECUTIVES 
     PayExercised
    Mr. Joseph J. Depaolo ,
    Chief Exec. Officer, Pres, Exec. Director, Member of Asset & Liability Management Committee and Chairman of Signature Securities Group
    N/A N/A
    Mr. Eric R. Howell ,
    Chief Financial Officer, Principal Accounting Officer, Exec. VP, Member of Capital Expenditure Committee and Member of Asset & Liability Management Committee
    N/A N/A
    Mr. Mark T. Sigona ,
    Chief Operating Officer, Exec. VP, Member of Asset Liability Management Committee and Member of Capital Expenditure Committee
    N/A N/A
    Mr. Thomas A. Rogers ,
    Head of Private Client Group Team
    N/A N/A
    Mr. Michael J. Merlo ,
    Chief Credit Officer and Exec. VP
    N/A N/A
    Dollar amounts are as of and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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