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AmTrust Bank was a bank based in Cleveland, Ohio. The company was founded in 1889 and was closed in December 2009. ... In 1989, the bank acquired Palm Plaza Savings ...
NYCB was founded on April 14, 1859, in Flushing, Queens, as Queens County Savings Bank, [3] and changed its name on December 15, 2000, to New York Community Bank to better reflect its market area beyond Queens. In 1993, the company became a public company via an initial public offering. [3]
According toThe Wall Street Journal, "AmTrust is the fourth-largest U.S. bank or savings institution to fail so far this year." Its branches will be taken over by New York Community Bank.
An online savings account is a savings account that you open online. Traditional banks can offer online savings accounts but they’re more commonly associated with online-only banks.
Some online banks offer high-yield savings accounts with rates that rival or even exceed no-penalty CDs. Minimum opening deposits. Many no-penalty CDs require minimum deposits of $500 to $1,000.
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.