FDIC Directs New York Community Bancorp. to Assumes 40 Branches and Non-Crypto Deposits of Signature Bank
The Federal Deposit Insurance Corporation (FDIC) statement conveyed on Sunday, March 19, places 40 branches previously owned by Signature Bank under the Flagstar Bank NA. The New York’s Bancorp bank is set to assume and exercise operations control over the branches’ digital banking deposits. Customers of the 40 branches would receive services whose execution now…