Atlantic Bank of New York

Not to be confused with Atlantic National Bank (New York City).

Atlantic Bank of New York

Company type	Subsidiary of New York Community Bank
Industry	Financial services
Founded	1926;99 years ago (1926)

6th Avenue, Manhattan

Atlantic Bank of New York is a bank holding company and a subsidiary of New York Community Bank.

History

In 1926, Bank of Athens Trust Company, a subsidiary of Bank of Athens, received a bank charter in New York State. ^[1]

In 1952, the bank changed its name to Atlantic Bank of New York. ^[1]

In 1953, the bank acquired Hellenic Bank Trust Company. ^[1]

In 1959, the bank acquired Bankatlanta Safe Deposit Company. ^[1]

In 2002, the bank acquired Yonkers S&L. ^{[1] [2]}

Prior to the September 11 attacks, Atlantic Bank of New York had offices on the 106th floor of the World Trade Center's South Tower; the bank had been renting the space for the previous 18 months while their Midtown Manhattan headquarters was being renovated. Their lease expired the week before the attacks, and although they were listed as a tenant by media outlets, the floor was empty when the attacks began and no employees were harmed. ^[3]

In 2006, the bank was acquired by New York Community Bank for $400 million. ^[4] and Mr. Spiros J. Voutsinas appointed President of Atlantic Bank.

In 2014, Spiros J. Voutsinas, the president & chief executive officer of the bank, died. ^[5] In July 2014, Nancy Papaioannou was elected President of Atlantic Bank of New York, division of New York Commercial Bank.≤5≥

References

• Banks portal

1. "History". New York State Department of Financial Services. Archived from the original on 2014-10-17. Retrieved 2017-10-17.
2. "Atlantic Bank of New York Reports 34% Increase in Earnings for First Quarter of 2003" (Press release). Business Wire. April 23, 2003.
3. "Atlantic Bank Employees Shaken, But Lucky". American Banker. September 17, 2001. Retrieved September 12, 2025.
4. Diamataris, Antonis (October 14, 2005). "Ntl. Bank of Greece Sells Atlantic Bank to New York Bank for $400M in Cash". The National Herald.
5. "New York Community Bancorp, Inc. Regretfully Announces the Passing of Spiros J. Voutsinas, a Member of the Board of Directors, and President & Chief Executive Officer of the Atlantic Bank Division of New York Commercial Bank" (Press release). Business Wire. May 1, 2014.

5.New York Commercial Bank Press Release July 30, 2014.