M&A Deal Summary

Independence Community Bank Acquires Staten Island Bancorp

On April 30, 2004, Independence Community Bank acquired financial services company Staten Island Bancorp

Acquisition Highlights
  • This is Independence Community Bank’s 1st transaction in the Financial Services sector.
  • This is Independence Community Bank’s 1st transaction in the United States.
  • This is Independence Community Bank’s 1st transaction in New York.

M&A Deal Summary

Date 2004-04-30
Target Staten Island Bancorp
Sector Financial Services
Buyer(s) Independence Community Bank
Deal Type Merger

Target

Staten Island Bancorp

Staten Island, New York, United States
Staten Island Bancorp is a provider of retail and commercial banking services along with trust services and life insurance sales.

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Buyer(S) 1

Buyer

Independence Community Bank

Brooklyn, New York, United States

Category Company
Founded 1850
Sector Financial Services
Employees1,974
DESCRIPTION

Independence Community Bank Corporation is a provider of community banking services.


DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2004 M&A 1 of 1