By Alexander Dworkowitz
Queens County Savings Bank announced the appointment of Claire Shulman to its board of directors Jan. 2, just a day after she stepped down as Queens borough president.
“I look forward to serving on the distinguished board of directors of this outstanding financial institution,” said Shulman.
According to Joseph Ficalora, chief executive officer of Queens County Savings Bank, Shulman will immediately begin working with the 11 other community business leaders who advise the bank on matters in Queens.
Shulman’s move to join the bank comes after its parent company, Queens County Bancorp, merged with Haven Bancorp to become New York Community Bancorp in December 2000.
The $196 million merger resulted in Queens County Bancorp closing its corporate headquarters on Main Street in downtown Flushing in December 2000 and relocating to Westbury as New York Community Bancorp.
At the time, Shulman said she regretted the move.
“I’m sorry that they left the borough,” said Shulman in an interview with the TimesLedger, saying she had been not been notified in advance of the move. “I wish I could have had a chance to keep them in Queens.”
Nevertheless, Shulman spoke well of the company, which had been a major supporter of philanthropic efforts in the county.
“I must say, Queens County has been a very good neighbor.”
Before the merger, Queens County had 13 branches in Queens. After the combination, Queens County Savings Bank increased the number of branches in the borough under New York Community Bancorp to 25.
After her appointment, Shulman said New York Community Bancorp had done good work in Queens.
“The bank’s commitment to the financial security and future of Queens County makes me proud to be associated with it in this new capacity,” she said.
Ficalora said Shulman was well-deserving of the appointment,
“With her distinguished record of achievement and outstanding public service, Claire is uniquely qualified to further our efforts to provide the highest level of service to our customers and our communities,” he said.
Reach reporter Alexander Dworkowitz by e-mail at Timesledger@aol.com or call 229-0300, Ext. 141.
