Histological testing of SCNB
specimens demonstrated malignancy in 14 (20.9%) biopsies, with 46 (68.7%) specimens showing benignancy.
has been asked to identify reserves for bad risks, maintain sufficient capital levels and evaluate skills of top management.
This information was accessed via the computer server hosting SCNB
's Online Banking system.
Founded in 1890, SCNB
is headquartered in Riverhead, NY and serves the Long Island market, incorporating Long Island's East End, western Suffolk, and Nassau counties as well as Manhattan and the other Boroughs.
The transaction, announced June 27, 2016 and approved by the shareholders of Suffolk Bancorp (NYSE: SCNB
), the holding company of SCNB
, on October 13, 2016, remains subject to the approval of the board of Governors of the Federal Reserve System.
7 February 2017 - US-based federal banking regulator The Office of the Comptroller of the Currency has approved the merger of Long Island, New York-based Suffolk Bancorp (NYSE: SCNB
) with and into Connecticut, US-based bank holding company People's United Financial, Inc.
(NASDAQ: PBCT), the holding company for People's United Bank, N.A., has announced an agreement under which People's United Financial will acquire Suffolk Bancorp (NYSE: SCNB
), of Riverhead, NY, the holding company for Suffolk County National Bank, in a 100 percent stock transaction valued at approximately USD402m.
Suffolk County National Bank (SCNB
) has announced that it has hired a vice president.
Fiserv Inc (NASDAQ:FISV), a global provider of financial services technology solutions, has announced that Suffolk County National Bank (SCNB
), based in Riverhead, New York, has selected its Premier core account processing platform.
Shareholders of Long Island, New York-based Suffolk Bancorp (NYSE: SCNB
) have approved the company's agreed deal to be acquired by Connecticut, US-based bank holding company People's United Financial, Inc.