NEW YORK--(BUSINESS WIRE)--Today Signature Bridge Bank, N.A., a New York-based, full-service commercial bank, announced it is opening its doors. As stated in a press release yesterday by the Federal Deposit Insurance Corp. (FDIC), Greg D. Carmichael has joined the bank as Chief Executive Officer. With all of the deposits and substantially all of the assets of former Signature Bank, the bank will continue to take care of its clients, providing a full suite of loan, deposit, and banking services.
“Because of the swift actions of the U.S. Treasury, Federal Reserve, and FDIC, our clients’ deposits are not at risk,” said Mr. Carmichael. “We value our clients, and we believe our single point of contact model will continue to deliver the best-in-class products and services they desire.”
“I want to thank all of our colleagues for their dedication to our business and their unwavering commitment to serving our clients. I look forward to working with them to realize the full potential of Signature Bridge Bank.”