Empire Bancorp, Inc. (New York)

Empire Bancorp, Inc. (New York)

Empire Bancorp, Inc. (New York)

Overview
Date Founded

2013

Headquarters

1707 Veterans Highway, Suite 8, Islandia, NY, 11749, USA

Type of Company

Public

Industries

Retail & Commercial Banking
Holding Companies

Company Description

Empire Bancorp, Inc. (NY) is a bank holding company, which engages in the provision of financial services through its subsidiary, Empire National Bank. It caters to privately-owned small and medium-sized businesses, professionals, nonprofit organizations, real estate investors, and consumers through a wide variety of tailored loan and deposit products and business banking services. The company was founded by Robert Basso, Daniel Bracciodieta, Douglas J. Chapey, John A. Danzi and Robert Davis, on March 22, 2013 and is headquartered in Islandia, NY.

Executives & Employees

Executive Vice President & Chief Information Officer

Founder

Director & Organizer

Director & Organizer

Director & Organizer

Senior Vice President, Director-Marketing & Investor Relations

Senior Vice President & Commercial Loan Officer

Senior Vice President & Commercial Loan Officer

Board of Directors

Former President at New York State Bar Association

Managing Member/Chief Compliance Officer at Castle Asset Management LLC - New York

Executive Director for the Energeia Partnership at Molloy College

Adjunct Professor of Criminal Justice at Long Island University - C.W. Post College

Director at Advancement for Commerce Industry & Technology

Founder at Nassau Suffolk Electrical & Mechanical

Principal Owner at Pass Time Partners LLC

Fund Advisor at Patriot Financial Manager LP

Managing Partner at Ciarelli & Dempsey

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Empire Bancorp, Inc. (New York)
Recent Transactions
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Flushing Financial Corp. purchases Empire Bancorp, Inc. (New York)

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Empire Bancorp, Inc. (New York) raised money in a private placement transaction

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Empire Bancorp, Inc. (New York) raised money in a private placement transaction

Transaction Advisors
Investment Advisor

Advised onEmpire Bancorp, Inc. (New York) raised money in a private placement transaction

Legal Advisor

Advised onFlushing Financial Corp. purchases Empire Bancorp, Inc. (New York)

Legal Advisor

Advised onFlushing Financial Corp. purchases Empire Bancorp, Inc. (New York)

Key Stats and Financials As of 2019
Market Capitalization
$83M
Total Enterprise Value
Earnings Per Share
Revenue
$40.3M
Competitors
Investors Bancorp, Inc. (New Jersey) Retail & Commercial Banking - Short Hills, NJ

Investors Bancorp, Inc. is a bank holding company for Investor Bank, which engages in the provision of banking services. Its services include complete deposit products, online banking, home equity loans and lines of credit, and a full array of mortgage loans. It also gives deposit accounts, cash management services, business loans and lines of credit, and commercial real estate financing solutions. The company was founded in 1926 and is headquartered in Short Hills, NJ.

The First of Long Island Corp. Retail & Commercial Banking - Glen Head, NY

The First of Long Island Corp. is a holding company, through which its subsidiaries, engages in the provision of financial services. It offers personal banking, business banking and lending services to individual, professional, corporate, institutional, and government customers. The company was founded on February 7, 1984 and is headquartered in Glen Head, NY.

Bridge Bancorp, Inc. Retail & Commercial Banking - Bridgehampton, NY

Bridgehampton National Bank (BNB) ranks among the Top 10 community banks in the nation, according to American Banker. Headquartered in Suffolk County, New York, BNB has been meeting the needs of Long Island businesses and families since 1910. Now more than 100 years later, our commitment to the tenets of community banking remain as strong as ever: We develop long-term relationships with local customers, offering banking knowledge and an understanding of the local marketplace while taking an active role in making the towns and villages we serve better places to live and work. Our professional teams of experienced local bankers offer flexible programs designed to help customers meet their business and personal financial needs. All lending and banking decisions are made right here on Long Island. This local market focus is backed by a full range of products and services, including effective technologies like online banking and bill pay, remote deposit capture and lockbox as well as the traditional menu of deposit and loan products. We also offer title insurance through Bridge Abstract and investment direction through Bridge Investment Services. Whether it's a business loan or home closing, BNB has an outstanding reputation for personal service, access to decision-makers and community involvement and investment. We've recently moved into Hauppauge, opening both a western hub and our 22nd branch. We will be opening branches on Shelter Island and Rocky Point very soon.

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