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    Signature Bank (SBNY)

    160.43 Up 1.37(0.86%) 4:00PM EST
    |After Hours : 160.43 0.00 (0.00%) 4:29PM EST
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    Signature Bank
    565 Fifth Avenue
    New York, NY 10017
    United States - Map
    Phone: 646-822-1500
    Website: http://www.signatureny.com

    Index Membership:N/A
    Industry:Regional - Mid-Atlantic Banks
    Full Time Employees:1,010

    Business Summary 

    Signature Bank provides various business and personal banking products and services. It accepts various deposit products, including commercial checking accounts, money market accounts, escrow deposit accounts, cash concentration accounts, interest-bearing and non-interest-bearing checking accounts, certificates of deposits, time deposits, and other cash management products. The company also offers loan products comprising commercial and industrial loans; real estate loans, such as loans secured by commercial and residential properties, and temporary financing for commercial and residential properties; letters of credit; and personal lines of credit and loans to acquire personal assets, as well as asset-based lending, mortgages, credit card accounts, and home equity loans. In addition, it provides investment, brokerage, and asset management products and services; retirement products, such as individual retirement accounts and administrative services for retirement vehicles, which include pension, profit sharing, and 401(k) plans to its clients, as well as business retirement accounts; and equipment finance and leasing, transportation financing, taxi medallion financing, commercial marine financing, and national franchise financing services. Further, the company offers wealth management services to its high net worth personal clients; and a range of individual and group insurance products that comprise health, life, disability, and long-term care insurance products as an agent. Additionally, it purchases, securitizes, and sells guaranteed portions of small business administration loans. As of March 19, 2015, the company operated 29 private client offices located in the New York metropolitan area. Signature Bank was incorporated in 2000 and is headquartered in New York, New York.

    Key Statistics

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    Corporate Governance 
    Signature Bank’s ISS Governance QuickScore as of Nov 1, 2015 is 10. The pillar scores are Audit: 1; Board: 9; Shareholder Rights: 9; Compensation: 9.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. Joseph J. Depaolo , 55
    Chief Exec. Officer, Pres, Exec. Director and Member of Risk Committee
    Mr. Vito Susca , 46
    Chief Financial Officer and Sr. VP
    Mr. Eric R. Howell , 44
    Exec. VP of Corp. & Bus. Devel.
    Mr. Michael J. Merlo , 67
    Chief Credit Officer and Exec. VP
    Mr. Mark T. Sigona , 53
    Chief Operating Officer and Exec. VP
    Amounts are as of Dec 31, 2013 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.
    Currency in USD.
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