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Home > Company Index > Banking > Banking - Northeast > Independence Community Bank Corp.

Independence Community Bank Corp.
Nasdaq: ICBC
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 PROFILE
Independence Community Bank operates about 65 full-service branches in the New York City metropolitan area. The bank targets working-class and ethnic neighborhoods, particularly in Brooklyn and Queens but also in the other New York City boroughs and Nassau County on Long Island. Since the acquisitions of New Jerseys' Broad National Bancorporation (1999) and Statewide Financial (2000), about half of the bank's branches are now across the Hudson. In addition to banking, the company has a life insurance agency and has opened a Mail Boxes Etc. franchise (it has rights to the franchise in three boroughs). Independence Community Bank converted from a mutual to a stock bank in 1998.

 COMPETITION
Dime Bancorp, Inc. (DME)
GreenPoint Financial Corp. (GPT)
New York Community Bancorp, Inc. (NYCB)

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 FINANCIAL OVERVIEW
Fiscal Year-End: March
2001 Sales (mil.): 509.00
1-Yr. Sales Growth: 21.4%
Employees: 1,442
Revenue per employee: $352,981.97

 KEY PEOPLE
• Alan Fishman
    CEO
• John B. Zurell
    CFO

 CONTACT INFO
195 Montague St.
Brooklyn, NY 11201
US
Phone: 718-722-5300
Fax: 718-722-5319
Online: Web Site

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