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Steve M. Klein, Chairman and CEO of Northfield Bank, Elected to the Board of Directors of the Federal Home Loan Bank of New York

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Northfield Bank (NASDAQ: NFBK) announced that Steven M. Klein, Chairman and CEO, has been elected to the Board of Directors of the Federal Home Loan Bank of New York (FHLBNY). His four-year term will run from January 1, 2025, to December 31, 2028. Klein, who leads Northfield's strategic planning in lending, deposits, technology, risk management, and customer experience, will contribute to FHLBNY's mission of providing liquidity to members for housing and community development. He currently serves on multiple industry boards, including the New York Bankers Association and New Jersey Bankers Association, and holds leadership positions in various community organizations.

Northfield Bank (NASDAQ: NFBK) ha annunciato che Steven M. Klein, Presidente e CEO, è stato eletto nel Consiglio di Amministrazione della Federal Home Loan Bank di New York (FHLBNY). Il suo mandato di quattro anni inizierà il 1° gennaio 2025 e terminerà il 31 dicembre 2028. Klein, che guida la pianificazione strategica di Northfield in termini di prestiti, depositi, tecnologia, gestione del rischio e esperienza del cliente, contribuirà alla missione della FHLBNY di fornire liquidità ai membri per lo sviluppo abitativo e comunitario. Attualmente serve in diversi consigli di settore, tra cui la New York Bankers Association e la New Jersey Bankers Association, e ricopre ruoli di leadership in varie organizzazioni comunitarie.

Northfield Bank (NASDAQ: NFBK) anunció que Steven M. Klein, Presidente y CEO, ha sido elegido para el Consejo de Administración del Federal Home Loan Bank de Nueva York (FHLBNY). Su mandato de cuatro años será desde el 1 de enero de 2025 hasta el 31 de diciembre de 2028. Klein, quien lidera la planificación estratégica de Northfield en préstamos, depósitos, tecnología, gestión de riesgos y experiencia del cliente, contribuirá a la misión de FHLBNY de proporcionar liquidez a los miembros para el desarrollo de vivienda y comunidad. Actualmente sirve en varios consejos de la industria, incluida la Asociación de Banquero de Nueva York y la Asociación de Banquero de Nueva Jersey, y ocupa puestos de liderazgo en diversas organizaciones comunitarias.

노스필드 뱅크 (NASDAQ: NFBK)는 스티븐 M. 클라인 회장 겸 CEO가 뉴욕 연방 주택 대출 은행(FHLBNY) 이사회에 선출되었다고 발표했다. 그의 4년 임기는 2025년 1월 1일부터 2028년 12월 31일까지이다. 대출, 예금, 기술, 위험 관리 및 고객 경험에 대한 노스필드의 전략적 계획을 이끄는 클라인은 주택 및 지역 사회 개발을 위한 회원들에게 유동성을 제공하는 FHLBNY의 사명에 기여할 것이다. 그는 현재 뉴욕 은행가 협회와 뉴저지 은행가 협회 등 여러 산업 이사회에서 활동하고 있으며, 다양한 지역 사회 조직에서도 리더십 역할을 맡고 있다.

Northfield Bank (NASDAQ: NFBK) a annoncé que Steven M. Klein, Président et PDG, a été élu au Conseil d'Administration de la Federal Home Loan Bank de New York (FHLBNY). Son mandat de quatre ans débutera le 1er janvier 2025 et se terminera le 31 décembre 2028. Klein, qui dirige la planification stratégique de Northfield en matière de prêts, dépôts, technologie, gestion des risques et expérience client, contribuera à la mission de la FHLBNY qui est de fournir de la liquidité à ses membres pour le développement du logement et des communautés. Il siège actuellement à plusieurs conseils d'administration du secteur, notamment l'Association des Banques de New York et l'Association des Banques du New Jersey, et occupe des postes de leadership dans diverses organisations communautaires.

Northfield Bank (NASDAQ: NFBK) gab bekannt, dass Steven M. Klein, Vorsitzender und CEO, in den Vorstand der Federal Home Loan Bank of New York (FHLBNY) gewählt wurde. Seine vierjährige Amtszeit beginnt am 1. Januar 2025 und endet am 31. Dezember 2028. Klein, der die strategische Planung von Northfield in den Bereichen Kreditvergabe, Einlagen, Technologie, Risikomanagement und Kundenerfahrung leitet, wird zur Mission der FHLBNY beitragen, Mitgliedern Liquidität für Wohnungsbau- und Gemeindeentwicklung bereitzustellen. Er ist derzeit in mehreren Industrievorständen tätig, darunter der New Yorker Bankenvereinigung und der New Jersey Bankenvereinigung, und übernimmt Führungspositionen in verschiedenen Gemeinschaftsorganisationen.

Positive
  • Election to FHLBNY Board strengthens Northfield Bank's industry influence and relationships
  • Strategic position to influence housing and community development funding decisions
  • Enhanced visibility and networking opportunities through FHLBNY board membership
Negative
  • None.

WOODBRIDGE, N.J., Dec. 17, 2024 (GLOBE NEWSWIRE) -- Northfield Bank, wholly-owned subsidiary of Northfield Bancorp, Inc. (NASDAQ: NFBK), announced today that Steven M. Klein, Chairman and Chief Executive Officer, has been elected to the Board of Directors of the Federal Home Loan Bank of New York (the “FHLBNY”) for a four-year term.

Mr. Klein’s term will commence on January 1, 2025 and end on December 31, 2028.

Mr. Klein stated, “I am humbled and honored for the support and confidence the New York members of the FHLBNY have placed in me to continue to serve and advocate for the critical mission of the FHLBNY to provide reliable liquidity to its members in support of housing and local community development.”

Mr. Klein serves as Chairman, President and Chief Executive Officer of Northfield Bank. Mr. Klein is responsible for leading strategic planning and execution related to lending, deposit gathering, technology deployment, risk management, customer and employee experience, and branding. He is a member of the New York Bankers Association, a member of the ABA Government Relations Council, and previous committee member of the ABA Community Bankers Council. Mr. Klein also is a board member of the New Jersey Bankers Association and past immediate Chair. He is a Trustee of the Northfield Bank Foundation, whose mission is to promote charitable purposes within the communities Northfield operates, focusing its efforts on projects to support education, health and human services, youth programs, and affordable housing. Mr. Klein also serves as a Director and Executive Committee member of the Staten Island Economic Development Corporation, a Director of the Brooklyn Chamber of Commerce, and a Trustee, Executive Committee Member and Finance Chair of the Richmond University Medical Center. He is a Certified Public Accountant, and a member of the AICPA. Mr. Klein earned a Bachelor of Science degree in Business Administration from Montclair State University.

About Northfield Bank
Northfield Bank, founded in 1887, operates 38 full-service banking offices in Staten Island and Brooklyn, New York, and Hunterdon, Middlesex, Mercer, and Union Counties, New Jersey. For more information about Northfield Bank, please visit www.eNorthfield.com.

About the Federal Home Loan Bank of New York
The Federal Home Loan Bank of New York is a Congressionally chartered, wholesale Bank. It is part of the Federal Home Loan Bank System, a national wholesale banking network of 11 regional, stockholder-owned banks. As of September 30, 2024, the FHLBNY serves 338 financial institutions and housing associates in New Jersey, New York, Puerto Rico, and the U.S. Virgin Islands. The mission of the FHLBNY is to provide members with reliable liquidity in support of housing and local community development.

Media Contact:
Damien Kane
732-499-7200 x2503
SVP, Director of Marketing
dkane@eNorthfield.com


FAQ

When does Steven Klein's term as FHLBNY board member begin for Northfield Bank (NFBK)?

Steven Klein's term as FHLBNY board member begins on January 1, 2025, and will end on December 31, 2028.

What are the key responsibilities of Steven Klein at Northfield Bank (NFBK)?

Steven Klein leads strategic planning and execution related to lending, deposit gathering, technology deployment, risk management, customer and employee experience, and branding as Chairman, President and CEO of Northfield Bank.

How many banking offices does Northfield Bank (NFBK) currently operate?

Northfield Bank operates 38 full-service banking offices across Staten Island and Brooklyn, New York, and Hunterdon, Middlesex, Mercer, and Union Counties in New Jersey.

What industry associations is NFBK's Steven Klein involved with?

Steven Klein is a member of the New York Bankers Association, ABA Government Relations Council, and serves as a board member of the New Jersey Bankers Association.

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