Northfield Bancorp, Inc. (Staten Island, NY) Declares Quarterly Cash Dividend Payable on February 25, 2013; Announces Executive Changes
January 28, 2013 at 05:04 pm
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Northfield Bancorp, Inc. (Staten Island, NY) reported that the Board of Directors declared a $0.06 per share cash dividend, payable on February 25, 2013, to stockholders of record on February 11, 2013.
The company also announced promotions within its management team. Effective February 1, 2013, Steven M. Klein will be appointed President of the company and Northfield Bank and William R. Jacobs will be promoted to Chief Financial Officer of both entities. Mr. Klein, 47, joined the Company in 2005 and has served as Chief Financial Officer since that time. He was also named Chief Operating Officer in March 2011 and will retain that title. Mr. Jacobs, 39, has served as Controller since joining the company in 2006. In 2012, Mr. Jacobs was named Principal Accounting Officer. Mr. Alexander will remain Chairman and Chief Executive Officer of both the company and the Bank.
Northfield Bancorp, Inc. is the holding company for Northfield Bank (the Bank). The Bank is a federally chartered savings bank. The Bank conducts business from its operations center located in Woodbridge, New Jersey, its home main office located at a branch in Staten Island, New York, and its 38 additional branch offices located in New York and New Jersey. The Bank's principal business consists of originating multifamily and commercial real estate loans, construction and land loans, commercial and industrial loans, and home equity loans and lines of credit. It offers a variety of deposit accounts, including certificates of deposit, passbook, statements, and money market savings accounts, transaction deposit accounts, which are Northfield Bankâs primary source of funds for its lending and investing activities. Its principal lending activity is the origination of multifamily real estate loans and other commercial real estate loans in New York, New Jersey, and eastern Pennsylvania.