UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Delaware 1-31565 06-1377322
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(State or other jurisdiction of Commission File Number (I.R.S. Employer
incorporation or organization) Identification No.)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4c under the Exchange
Act (17 CFR 240.13e-4(c))
(a) - (c) Not applicable.
(d) On February 27, 2007, the Board of Directors of New York Community Bancorp, Inc. (the "Company") elected Hanif "Wally" Dahya to the Company's Board of Directors, as well as to the Boards of Directors of the Company's wholly-owned subsidiaries, New York Community Bank and New York Commercial Bank, effective March 2, 2007. Mr. Dahya is expected to serve on the Investment Committees of each of the boards. Mr. Dahya will receive the customary annual retainer, fees, and benefits for his service on the Boards of Directors and the committees thereof. Mr. Dahya will also be eligible to participate in the New York Community Bank 1993 Directors' Deferred Fee Stock Unit Plan, the New York Community Bank Outside Directors' Consultation and Retirement Plan, and the Company's stock option and incentive plans. A copy of the press release announcing Mr. Dahya's election to the Boards of Directors is attached as Exhibit 99.1 and incorporated herein by reference.
(e) Not applicable.
(a) Financial Statements of Businesses Acquired: Not applicable
(b) Pro Forma Financial Information: Not applicable
(c) Shell Company Transactions: Not applicable
(d) Exhibits
Number Description
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Exhibit 99.1 Press Release dated March 1, 2007
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Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: March 5, 2007 NEW YORK COMMUNITY BANCORP, INC.
/s/ Ilene A. Angarola
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Ilene A. Angarola
First Senior Vice President
and Director, Investor Relations
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Exhibit 99.1 Press release issued on March 1, 2007.
PRESS RELEASE
NEW YORK COMMUNITY BANCORP, INC. ANNOUNCES THE APPOINTMENT OF WALLY DAHYA TO THE BOARD OF DIRECTORS
Westbury, N.Y., March 1, 2007 - New York Community Bancorp, Inc. (NYSE: NYB) (the "Company") today announced the appointment of Hanif "Wally" Dahya to the Boards of Directors of the Company and its subsidiary banks, New York Community Bank and New York Commercial Bank, effective March 2, 2007. With the appointment of Mr. Dahya, the Boards of Directors have been restored to their full complement.
Mr. Dahya, 52, is the Chief Executive Officer of The Y Company LLC, a private investment firm that focuses on emerging-market companies in the information, communications, retail, financial, and entertainment industries. An investment banker with 14 years of experience on Wall Street, Mr. Dahya began his career with E.F. Hutton and Co. Inc., and later served as Managing Director at L.F. Rothschild and Co. Inc. He subsequently joined UBS Securities, where he was a Managing Director and a member of the Fixed Income Management Committee, and was later a Partner with Sandler O'Neill & Partners LLC, before establishing his own financial advisory firm in 1997.
A graduate of Harvard Business School, Mr. Dahya previously served as a director of Haven Bancorp, Inc., which was acquired by the Company in November 2000.
Commenting on Mr. Dahya's appointment, Chairman, President, and Chief Executive Officer Joseph R. Ficalora stated, "We are very pleased to welcome Wally Dahya to the Board of Directors. With his extensive knowledge of our industry and the capital markets, he not only will serve us well as a director, but also as a member of the Investment Committees of the Company and the Banks."
New York Community Bancorp, Inc. is the $28.5 billion holding company for New York Community Bank and New York Commercial Bank, and the leading producer of multi-family loans for portfolio in New York City. A New York State-chartered savings bank with 137 offices serving New York City, Long Island, Westchester County, and northern New Jersey, New York Community Bank is the third largest thrift depository in the New York metropolitan region, and operates through seven local divisions: Queens County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank, Roosevelt Savings Bank, CFS Bank, First Savings Bank of New Jersey, and Ironbound Bank. A New York State-chartered commercial bank, New York Commercial Bank has 29 branches serving Manhattan, Queens, Brooklyn, Westchester County, and Long Island. Additional information about New York Community Bancorp, Inc. and its bank subsidiaries is available at www.myNYCB.com.
Contact:
New York Community Bancorp, Inc.
Ilene A. Angarola, 516-683-4420
First Senior Vice President &
Director, Investor Relations