PCSB Bank

PCSB Bank is a bank based in Yorktown Heights, New York. It is a wholly owned subsidiary of PCSB Financial Corporation, a bank holding company.

PCSB Financial Corporation
Nasdaq: PCSB
Russell 2000 Component
IndustryBanking
Founded1871 (1871) in Brewster, New York
HeadquartersBrewster, New York
Key people
Joseph D. Roberto, Chairman, CEO & President
Scott D. Nogles, CFO[1]
RevenueIncrease $0.040 billion (2016)[1]
Decrease $0.003 billion (2016)[1]
Total assetsIncrease $1.426 billion (2016)[1]
Total equityIncrease $0.279 billion (2016)[1]
Number of employees
184[1]
Websitewww.pcsb.com

It has 15 branches.

History

The bank was established in 1871 in Brewster, New York as the Putnam County Savings Bank.[2]

In April 2015, the bank acquired CMS Bancorp.[3]

In October 2015, the bank changed its name to PCSB Bank.[2]

In April 2017, the company converted itself from a mutual organization to a joint-stock company and became a public company via an initial public offering.[4]

In May 2022, The company was acquired by Brookline Bancorp for $313 Million.[5]

References
  1. "PCSB Financial Corporation 2016 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
  2. "Putnam County Savings Bank Announces Name Change To PCSB Bank" (Press release). PRNewswire. October 2, 2015.
  3. "Putnam County Savings Bank Announces Completion of Merger With CMS Bancorp Inc" (Press release). GlobeNewswire. April 28, 2015.
  4. "PCSB Financial Corporation Completes Conversion Stock Offering" (Press release). PRNewswire. April 20, 2017.
  5. "Brookline Bancorp, Inc. and PCSB Financial Corporation Announce Strategic Merger". finance.yahoo.com. Retrieved 2022-05-24.
  • Business data for PCSB Financial Corporation:
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.