Signature Bank (Nasdaq: SBNY), a New York-based full-service commercial bank, announced today that it ranked number one in the Best Attorney Escrow Services Provider category and second in both Best Business Bank and Best Private Bank categories of the New York Law Journal’s fourth annual survey and rankings.
In each category, Signature Bank’s position improved a notch from last year’s results. This is the fourth consecutive year that the Bank ranked in the Best Business Bank category; its third consecutive year in the Best Private Bank category and the second consecutive year as Best Attorney Escrow Services Provider.
The rankings, which appeared in the September 16, 2013 issue of this leading New York-area legal publication, included reader opinions spanning 80 categories across areas such as litigation support, consulting and outsourcing, technology, recruiting and staffing, research, accounting, financial services, real estate, mediation and education. This year, 8,200 lawyers and legal professionals cast ballots via an online survey, surpassing last year’s voting totals by nearly 40 percent. While the rankings are not a scientific survey of the marketplace but rather convey the purely democratic process that was conducted, the results represent the candid opinions of New York Law Journal readers.
“For four straight years, Signature Bank has been acknowledged by the New York-area legal community as a top institution, once again scoring among the highest in the New York Law Journal’s annual survey. This year the legal community ranked the Bank as the top attorney escrow services provider while our position escalated in both the Best Business Bank and Best Private Bank categories. All three of these rankings are quite impressive for the Bank and all our colleagues,” said Joseph J. DePaolo, Signature Bank President and Chief Executive Officer.“We are honored that our commitment to client care and the level of personalized service we deliver through our single-point-of-contact approach is continually embraced by our clients, particularly those in the metro-NY legal community. We thank both our private client banking teams for their dedication to our clients, and of course our clients for voting for Signature Bank, ultimately enabling us to achieve these remarkable results. Lastly, we appreciate the New York Law Journal’s inclusion of Signature Bank in this important listing,” DePaolo added. About Signature Bank Signature Bank, member FDIC, is a New York-based full-service commercial bank with 27 private client offices throughout the New York metropolitan area. The Bank’s growing network of private client banking teams serves the needs of privately owned businesses, their owners and senior managers. Signature Bank offers a wide variety of business and personal banking products and services. The Bank operates Signature Financial, LLC, a specialty finance subsidiary focused on equipment finance and leasing, transportation financing and taxi medallion financing. Investment, brokerage, asset management and insurance products and services are offered through the Bank’s subsidiary, Signature Securities Group Corporation, a licensed broker-dealer, investment adviser and member FINRA/SIPC.