North Fork Bank is an American bank headquartered in Melville, New York. The bank serves the New York City metropolitan area with over 350 branches, as they have around $ 60 billion in assets. Melville is a hamlet and census-designated place in the town of Huntington in Suffolk County on Long Island, New York, in the United States. ... The New York metropolitan area is the most populous in the United States and the fourth most populous in the world (after Tokyo, Seoul, and Mexico City). ... ISO 4217 Code USD User(s) the United States, the British Virgin Islands, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands, and the insular areas of the United States Inflation 3. ...
On March 12, 2006, it was announced that the bank was to be sold to Capital One for $14.6 billion U.S. dollars. Upon the completion of the merger, the bank is to be renamed as "Capital One Bank". March 12 is the 71st day of the year in the Gregorian Calendar (72nd in leap years). ... 2006 (MMVI) is a common year starting on Sunday of the Gregorian calendar. ... Capital One Financial Corp. ... The United States dollar is the official currency of the United States. ...
NorthFork is the 16th largest depository institution in New York, controlling deposits of approximately $4.4 billion, representing approximately 1 percent of total deposits in depository institutions in the state ("state deposits").
In 1995, NorthForkBank made 33 percent of its HMDA loans within LMI census tracts in its assessment area, compared to 10 percent by lenders in the aggregate, and made 17 percent of its HMDA loans to LMI individuals residing in its assessment area, compared to 14 percent by lenders in the aggregate.
NorthFork indicates that three of these branches are in LMI census tracts, and each is located less than one mile from another branch in the same LMI census tract that NorthFork would continue to operate after the proposal.
NorthFork drives growth by empowering its employees with a sense of ownership in the company's success.
NorthFork was already impressed with its BusinessObjects Plan Reporting software, giving it confidence that BusinessObjects Incentive Compensation software could deliver on all three requirements.
NorthFork is currently paying over half of its $125 million non-discretionary incentive budget through BusinessObjects Incentive Compensation - and plans to migrate a majority of its 160 incentive plans to the software.