Signature Bank (NASDAQ:SBNY), founded in 2001 and headquartered in New York City, is a full-service commercial bank that caters to privately owned businesses, their owners, and senior managers. Since its inception, the bank has emphasized relationship banking, aiming to deliver personalized financial solutions that support the growth and liquidity needs of its clients. Signature maintains a diversified lending portfolio, serving industries such as real estate, legal services, technology, private equity and professional practices.
The bank’s core offerings include a comprehensive range of deposit products, commercial real estate financing, equipment loans, asset-based lending and working capital lines. Signature also provides treasury management and cash-management services designed to optimize clients’ day-to-day operations. Through its Online Banking and Signature Mobile® platforms, clients can access account information, initiate payments and manage cash flows securely from any location.
In 2018, Signature Bank launched Signet, a blockchain-based payments network that enables qualified commercial clients to move funds in real time, around the clock, without relying on traditional clearinghouses. This digital innovation reflects the bank’s commitment to leveraging emerging technologies to enhance transaction speed, transparency and cost efficiency. Beyond its New York City headquarters, Signature operates branch offices and loan production offices across key U.S. markets, including California, Florida, Massachusetts and Connecticut.
Under the leadership of President and Chief Executive Officer Joseph J. DePaolo, Signature Bank employs a senior management team and board of directors with deep expertise in banking, real estate and corporate finance. The firm’s strategic focus on client-first service, disciplined credit practices and targeted growth initiatives has helped establish its reputation as a trusted partner for mid-market and high-net-worth clients nationwide.
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