JOSEPH R. FICALORA

Chairman, President, & Chief Executive Officer
New York Community Bancorp, Inc

Joseph R. Ficalora has been President and Chief Executive Officer and a Director of New York Community Bancorp, Inc. since its inception on July 20, 1993 and President, Chief Executive Officer, and a Director of its primary subsidiaries, New York Community Bank and New York Commercial Bank, since January 1, 1994 and December 30, 2005, respectively. On January 1, 2007, Mr. Ficalora was appointed Chairman of the Company and the Banks, a position he held previously at the Company (from July 20, 1993) and at the Community Bank (from May 20, 1997) until July 31, 2001.

Since 1965, when he joined the Community Bank, Mr. Ficalora has held increasingly responsible positions, crossing all lines of operations. Prior to his appointment to President and Chief Executive Officer in 1994, Mr. Ficalora had served as President and Chief Operating Officer of the Community Bank (beginning in October 1989) and before then as Executive Vice President, Comptroller, and Secretary.

A graduate of Pace University with a degree in business and finance, Mr. Ficalora provides leadership to several professional banking organizations. In addition to serving as a Director of the New York Bankers Association (NYBA) and as Chairman of its Metropolitan Area Division, Mr. Ficalora is a member of the Board of Directors of the Federal Home Loan Bank of New York and of the Thrift Institutions Advisory Council of the Federal Reserve Board in Washington. In addition, he is a member of the Board of Directors of the RSI Retirement Trust and of Peter B. Cannell & Co., Inc., the investment advisory firm.

In addition, Mr. Ficalora’s industry affiliations include having served as Chairman of the Community Bankers Association of New York State, the forebear to NYBA, and as a member of the Thrift Institutions Advisory Panel of the Federal Reserve Bank of New York; Chairman of the New York Savings Bank Life Insurance Fund; President and Director of the MSB Fund and the Asset Management Fund Large Cap Equity Institutional Fund; and as a director of Computhrift Corporation.

Mr. Ficalora also is an active participant in community affairs. A member of the Board of Directors of the Queens Chamber of Commerce since 1990, Mr. Ficalora has served on its Executive Committee since April 1992. In addition, Mr. Ficalora is President of the Queens Library Foundation Board, and serves on the Boards of Directors of the Queens Borough Public Library, the New York Hall of Science, Flushing Cemetery, and the Advisory Council of the Queens Museum of Art. Until recently, Mr. Ficalora also served on the Board of Trustees of the Queens College Foundation, the Queens Museum of Art, and the Forest Park Trust.