Signature-Bank-Appoints-Three-Associate-Group-Directors-Bankers-to-Join-Private-Client-Banking-Teams-in-Banks-Brooklyn-and-Jackson-He-3V94L

NEWS RELEASE Signature Bank Appoints Three Associate Group Directors; Bankers to Join Private Client Banking Teams in Bank's Brooklyn and Jackson Heights, Queens, Locations 9/14/2006 NEW YORK (BUSINESS WIRE) Sept 14, 2006-Signature Bank (Nasdaq:SBNY), a New York-based full service commercial bank, announced today the appointment of three Associate Group Directors to its network of 45 private client banking teams Stella Alishayeva and Farzana Ghori were named Associate Group Directors at Signature Bank's Jackson Heights, Queens, location The Bank also appointed Roman Rozenberg to serve as Associate Group Director for its Brooklyn, N.Y., o ce at 26 Court Street Both Alishayeva and Ghori will join the Scott McGrath private client banking team, which will soon transition from Signature Bank's Long Island City location to a new o ce at 78-27 37th Avenue in Jackson Heights, Queens, N.Y Signature Bank's previously announced Jackson Heights location is expected to open in October 2006 Alishayeva and Ghori join Signature Bank from JP Morgan Chase's Forest Hills, Queens, N.Y., location, where Alishayeva worked for the past 12 years and Ghori for ve Most recently, Alishayeva served as Assistant Branch Manager - Assistant Vice President while Ghori was an Assistant Treasurer - Loan O cer Roman Rozenberg joins the Kirk Meyerson private banking client team, which has operated from Signature Bank's 26 Court Street o ce in Brooklyn since joining the Bank in November 2005 Previously, Rozenberg was a Small Business Relationship Manager at JP Morgan Chase in the Williamsburg branch in Brooklyn Rozenberg, with six years of banking experience, spent three of those years working with Meyerson in Williamsburg, Brooklyn Commenting on the new appointments, Joseph J DePaolo, Signature Bank President and Chief Executive O cer, said: "Complimenting our 55 Group Directors with talented and experienced individuals such as Stella, Farzana, and Roman is directly in line with our strategic business plan to create and attract the best banking professionals and teams available, especially in today's marketplace Overall, we expect these new bankers will help enhance the strength of the teams they are joining and will prove bene cial to our growth." Alishayeva is a resident of Fresh Meadows, Queens, and a graduate of the Margilan College of Planning and Finance in Uzbeskistan, Russia She is uent in Russian and maintains close ties to that community Ghori resides in Rego Park, Queens She holds a Masters Degree in Economics and Accounting from Punjab University in Pakistan Ghori is uent in Urdu, Punjabi, Hindi and Bengali Rozenberg earned a degree in nance from Touro College in Brooklyn, and is a resident of Brooklyn He speaks Russian and Yiddish, and is involved in the Russian Community Center in Brighton Beach, Brooklyn About Signature Bank Signature Bank, member FDIC, is a New York-based full-service commercial bank with 17 private client o ces located in the New York metropolitan area, serving the needs of privately owned businesses, their owners and senior managers through dozens of private client groups The Bank o ers a wide variety of business and personal banking products and services as well as investment, brokerage, asset management and insurance products and services through its subsidiary, Signature Securities Group Corporation, a licensed broker-dealer, investment adviser and member NASD/SIPC Signature Bank's 17 o ces are located throughout the metropolitan New York area In Manhattan - 261 Madison Avenue; 1020 Madison Avenue; 300 Park Avenue; 71 Broadway; 565 Fifth Avenue; 950 Third Avenue; and 200 Park Avenue South Brooklyn - 26 Court Street and 84 Broadway Westchester - 1C Quaker Ridge Road, New Rochelle; and 360 Hamilton Avenue, White Plains Long Island - 1225 Franklin Avenue, Garden City; 279 Sunrise Highway, Rockville Centre; 58 South Service Road, Melville; and 923 Broadway, Woodmere Queens - 36-36 33rd Street in Long Island City Bronx - 421 Hunts Point Avenue, Hunts Point Since commencing operations in May 2001, the Bank has grown to approximately $4.7 billion in assets, $3.71 billion in deposits, $355 million in equity capital and approximately $1.9 billion in other assets under management as of June 30, 2006 For more information, please visit www.signatureny.com This press release and oral statements made from time to time by our representatives contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to risks and uncertainties Forward-looking statements include information concerning our future results, interest rates, loan and deposit growth, operations, new private client team hires, new o ce openings and business strategy These statements often include words such as "may," "believe," "expect," "anticipate," "intend," "plan," "estimate" or similar expressions As you consider forward-looking statements, you should understand that these statements are not guarantees of performance or results They involve risks, uncertainties and assumptions that could cause actual results to di er materially from those in the forward-looking statements These factors include but are not limited to: (i) prevailing economic conditions; (ii) changes in interest rates, loan demand, real estate values, and competition, which can materially a ect origination levels and gain on sale results in our business, as well as other aspects of our nancial performance; (iii) the level of defaults, losses and prepayments on loans made by us, whether held in portfolio or sold in the whole loan secondary markets, which can materially a ect charge-o levels and required credit loss reserve levels; and (iv) competition for quali ed personnel and desirable o ce locations Additional factors are described in our quarterly and annual reports You should keep in mind that any forward-looking statements made by Signature Bank speak only as of the date on which they were made New risks and uncertainties come up from time to time, and we cannot predict these events or how they may a ect the Bank Signature Bank has no duty to, and does not intend to, update or revise the forward-looking statements after the date on which they are made In light of these risks and uncertainties, you should keep in mind that any forward-looking statement made in this release or elsewhere might not re ect actual results Source: Signature Bank Contact: Signature Bank Investor Contact: Eric R Howell, 646-822-1402 ehowell@signatureny.com or Media Contact: Susan J Lewis, 646-822-1825 slewis@signatureny.com