Signature Bank
BankingNew York, United States501-1000 Employees
Signature Bank is a U.S. banking institution headquartered in Hicksville, New York, with regional headquarters in Troy, Michigan, and a presence in several major cities nationwide. In March 2023, Flagstar Bank, N.A., a subsidiary of New York Community Bancorp, completed an acquisition of Signature Bank’s loan portfolio and deposits, and assumed all 40 branches, which now operate under the Flagstar name. The transaction integrated Signature Bank’s loan book and branch network into Flagstar, expanding its commercial banking footprint under NYCB’s umbrella. Client relationships were described as continuing through a Private Client Group with a single point of contact, reflecting continuity in client service arrangements in the combined organization. In May 2024, Signature Bank was referenced in the news in connection with a federal lawsuit related to its role in the collapse of FTX.