Arlington, VA (January 9, 2015) — Effective after the close of business on December 31, 2014, NCB, FSB, the wholly-owned thrift subsidiary of National Consumer Cooperative Bank (NCCB), changed its name to National Cooperative Bank, N.A. in connection with its conversion to a national bank charter.
“The conversion of the subsidiary thrift to a national bank charter will allow us to better serve our commercial customers across the country”, said Charles E. Snyder, President and CEO. “Customers will see very little change and there is no change in the direction of the Bank or its ownership as a cooperative institution. The conversion enables us to offer more products and services to the broader cooperative community.”