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

Rhea-AI Summary

Northfield Bank, a subsidiary of Northfield Bancorp, Inc. (NASDAQ: NFBK), announced that its President and CEO, Steven M. Klein, has been elected to the Board of Directors of the Federal Home Loan Bank of New York (FHLBNY). Klein expressed honor in joining the board and supporting FHLBNY's commitment to members and communities.

Klein's extensive experience includes leading strategic planning in various banking aspects. He is active in several banking associations and serves on multiple boards, including the New Jersey Bankers Association and the Staten Island Economic Development . Klein is also involved in charitable activities through the Northfield Bank Foundation.

Northfield Bank, founded in 1887, operates 39 full-service banking offices across New York and New Jersey. The FHLBNY, part of a national wholesale banking network, serves 336 member institutions across four regions as of March 31, 2024.

Positive

• Steven M. Klein's election to the FHLBNY Board of Directors may enhance Northfield Bank's influence and networking opportunities
• Klein's extensive experience and leadership roles in various banking associations could bring valuable insights to Northfield Bank
• Northfield Bank's wide presence with 39 full-service banking offices across two states indicates strong market penetration

Negative

• None.

WOODBRIDGE, N.J., July 16, 2024 (GLOBE NEWSWIRE) -- Northfield Bank, wholly-owned subsidiary of Northfield Bancorp, Inc. (NASDAQ: NFBK), announced today that Steven M. Klein, President and Chief Executive Officer, has been named to the Board of Directors of the Federal Home Loan Bank of New York (the “FHLBNY”).

Mr. Klein stated, “The FHLBNY has stood strong for nearly a century, and I am honored to join the Board and work closely with my fellow Directors to support the FHLBNY’s commitment to our Members and the communities we serve.”

Mr. Klein serves as Chairman, President and Chief Executive Officer of FHLBNY member 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 39 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 FHLB-NY 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 March 31, 2024, the FHLB-NY serves 336 member institutions in New Jersey, New York, Puerto Rico, and the U.S. Virgin Islands. The FHLB-NY’s mission 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

Who was elected to the Board of Directors of the Federal Home Loan Bank of New York from Northfield Bank (NFBK)?

Steven M. Klein, President and CEO of Northfield Bank, was elected to the Board of Directors of the Federal Home Loan Bank of New York (FHLBNY).

What is Steven M. Klein's role at Northfield Bank (NFBK)?

Steven M. Klein serves as the Chairman, President, and Chief Executive Officer of Northfield Bank, a subsidiary of Northfield Bancorp, Inc. (NASDAQ: NFBK).

How many banking offices does Northfield Bank (NFBK) operate as of July 2024?

As of July 2024, Northfield Bank operates 39 full-service banking offices across Staten Island and Brooklyn, New York, and Hunterdon, Middlesex, Mercer, and Union Counties in New Jersey.

What is the mission of the Federal Home Loan Bank of New York that Steven M. Klein from Northfield Bank (NFBK) has joined?

The mission of the Federal Home Loan Bank of New York (FHLBNY) is to provide its Members with reliable liquidity in support of housing and local community development.