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With SIFI threshold lifted, New York Community accelerates growth

Jan 31, 2019 - American Banker

New York Community Bancorp continues to accelerate its asset and loan growth now thatCongress has raised the thresholdfor categorizing a bank as systemically important from $50 billion to $250 billion.

The Westbury, N.Y., company said Wednesday that total assets increased 6% in 2018 from a year earlier, to $51.9 billion, as it boosted total loans held for investment by 5% to $40.2 billion and increased its investments in securities by 60% to more than $5.6 billion.

For several years ...