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AmTrust Financial Services was founded by brothers George Karfunkel and Michael Karfunkel in 1998. [7] [8] In 2005, Ronald E. (Ron) Pipoly was appointed as CFO. [9] [10] AmTrust began trading on the NASDAQ Global Select Market on November 13, 2006. [11]
AmTrust Bank was a bank based in Cleveland, Ohio. The company was founded in 1889 and was closed in December 2009. History. The bank was founded in 1889 as Ohio ...
AmTrust Financial Building, formerly known as McDonald Investment Center, Key Center and the Central National Bank Building, is a commercial high-rise building in Cleveland, Ohio. The building rises 308 feet (94 m) in Downtown Cleveland . [ 1 ]
Barry Zyskind is an American businessman in the insurance industry, and head of AmTrust Financial Services Inc. [3] In the September 2016 edition of Best's Review, an A.M. Best publication, AmTrust was ranked the 11th largest commercial insurer in the US, up from 128th position in 2005. [4]
George Karfunkel was born in Hungary, the son of Louis Karfunkel (1914-1997), a religious scholar and fishmonger, and his wife Clara. [2] [3] The family migrated to the US in the late 1950s, after the failed Hungarian Revolution of 1956, and lived in the Orthodox community of Boro Park in Brooklyn, New York City.
In December 2009, the Federal Deposit Insurance Corporation seized AmTrust, a bank headquartered in Cleveland, OH with 66 branches and $13 billion in assets in Ohio, Florida and Arizona. [16] NYCB acquired Amtrust, which expanded NYCB's branch footprint outside of the New York metropolitan area for the first time. [17]
AmTrust Bank: Cleveland: Ohio: 2009 $12.0 billion $17 billion [5] WesternBank: Mayagüez: Puerto Rico: 2010 $11.9 billion $17 billion Gibraltar Savings Association: Houston: Texas: 1988 $6.5 billion $17 billion United Commercial Bank: San Francisco: California: 2009 $11.2 billion $16 billion Crossland Savings Bank Brooklyn: New York: 1992 $7.4 ...
The Ohio Savings Plaza was built to serve as the headquarters of the Ohio Savings Bank, one of the oldest saving and loan groups in Ohio. [3] The bank changed its name to AmTrust Bank in April 2007, which led to the Ohio Savings Plaza being officially renamed the AmTrust Bank Center at that time. [4]