Metropolitan Bank (NYSE: MCB) is the bank holding company for Metropolitan Commercial Bank, a New York–based financial institution offering a comprehensive suite of banking services to commercial and individual clients. The company’s core activities encompass commercial lending, deposit gathering, trade finance, cash management and treasury services. Through these offerings, Metropolitan Bank supports a wide range of industries, including real estate development, import/export firms, professional services and privately held businesses that require specialized financial solutions.
Metropolitan Bank’s product portfolio includes demand and time deposits, commercial lines of credit, term loans, equipment financing and letters of credit. The bank also provides treasury management services such as automated clearing house (ACH) processing, remote deposit capture and fraud mitigation tools. In addition to its business banking capabilities, the institution delivers personal banking services for individuals, including checking and savings accounts, consumer loans, mortgages and digital banking platforms designed to streamline day-to-day financial management.
The bank traces its roots to the early 2000s, founded by George A. Karfunkel and members of his family with the goal of serving underserved market segments in the New York metropolitan area. Originally launched as Metro Commercial Bank, the institution rebranded as Metropolitan Commercial Bank in 2013 to reflect its broader market ambitions. In July 2017, the organization completed a successful initial public offering under the ticker MCB, marking its transition into a publicly traded bank holding company and positioning it for further growth and capital market access.
Headquartered in Midtown Manhattan, Metropolitan Bank has expanded its footprint with additional branches in key commercial hubs such as Los Angeles and Miami, catering to clients engaged in cross-border trade and investment. The company is led by a seasoned executive team, including President and Chief Executive Officer Louis L. Kornreich, with oversight from its board of directors chaired by founder George A. Karfunkel. This leadership structure combines deep industry expertise with a commitment to personalized client service and prudent risk management.
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