Signature Bank Named Number One in Three Categories of New York Law Journal’s 11th Annual “Best Of” Survey - Seite 3

About Signature Bank

Signature Bank, member FDIC, is a New York-based full-service commercial bank with 35 private client offices throughout the New York metropolitan area including Connecticut as well as in California and Charlotte, N.C. The Bank’s growing network of private client banking teams serves the needs of privately owned businesses, their owners and senior managers. Signature Bank’s specialty finance subsidiary, Signature Financial, LLC, provides equipment finance and leasing. Signature Securities Group Corporation, a wholly owned Bank subsidiary, is a licensed broker-dealer, investment adviser and member FINRA/SIPC, offering investment, brokerage, asset management and insurance products and services. Signature Bank’s revolutionary blockchain-based digital payments platform, Signet, allows the Bank’s commercial clients to make real-time payments in U.S. dollars, 24/7/365, safely and securely, without transaction fees. Signature Bank is the first FDIC-insured bank to launch a blockchain-based digital payments platform, and Signet is the first such platform to be approved for use by the NYS Department of Financial Services.

Since commencing operations in May 2001, the Bank has grown to $60.35 billion in assets, $45.20 billion in loans, $50.23 billion in deposits, $4.86 billion in equity capital and $3.66 billion in other assets under management as of June 30, 2020. Signature Bank's Tier 1 and risk-based capital ratios are above the levels required to be considered well capitalized.

Signature Bank is one of the top 40 largest banks in the U.S., based on deposits (S&P Global Market Intelligence). The Bank recently earned several third-party recognitions, including: appeared on Forbes' Best Banks in America list for the 10th consecutive year in 2020; and, named number one in the Business Bank, Private Bank and Business Escrow Services categories by the New York Law Journal in the publication’s annual “Best of” survey for 2020, earning it a place in its Hall of Fame (awarded to companies that have ranked in the “Best of” survey for at least three of the past four years). The Bank also ranked second nationally in the Business Bank, Private Banking Services and Business Escrow Service categories of both the 2019 and 2020 National Law Journal’s “Best of” survey.