New York Private Bank & Trust

New York Private Bank & Trust Corporation is a bank holding company headquartered in New York City, United States. Howard Milstein is the chairman, president and CEO. As of early 2007, it had US$17.3 billion in assets and was the 50th largest bank holding company in the United States.[1] As of March 31, 2019 its assets were US$5.716 billion.[2] The company has 1,221 employees in 2019.[3]

History

  • 1850 – established as the Emigrant Savings Bank[4]
  • 1979 – acquired Prudential Savings Bank of New York City[4]
  • 1992 – acquired Dollar Dry Dock Bank of White Plains, New York[4]
  • 2003 – founded New York Private Bank & Trust Corporation[3]


Subsidiaries

NameAsset size (Q1 2019)
Emigrant Bank US$5.696 billion
Emigrant Mercantile Bank US$3.439 million

Notes

  1. "Top 50 bank holding companies". Federal Financial Institutions Examination Council. 2007-03-31. Retrieved 2007-04-15.
  2. "NYPBT". Retrieved June 16, 2019.
  3. "Company Overview of New York Private Bank & Trust Corporation". Retrieved June 16, 2019.
  4. "Bank Holding Company Detail". FDIC Institution Directory. Federal Deposit Insurance Corporation. 2006-06-30. Retrieved 2007-04-15.


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