New York Community Bancorp Inc., Westbury, N.Y., holding company for New York Community Bank and New York Commercial Bank, has announced a merger with PennFed Financial Services Inc., the holding company for Penn Federal Savings Bank, West Orange, N.J.

PositionMergers & Acquisitions

New York Community Bancorp Inc., Westbury, N.Y., holding company for New York Community Bank and New York Commercial Bank, has announced a merger with PennFed Financial Services Inc., the holding company for Penn Federal Savings Bank, West Orange, N.J. The transaction will add 24 branches and $1.5 billion...

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