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Emigrant Bank (formerly Emigrant Savings Bank) is a private American financial institution. It was the ninth-largest privately-owned bank in the United States in 2012, with assets of $8.1 billion. [ 1 ] As of June 2021, it has assets of $5.75 billion, and is ranked 244th in asset size among all banks in the United States. [ 2 ]
Howard Philip Milstein is an American businessman. Milstein is chairman, president and chief executive officer of New York Private Bank & Trust and its operating bank, Emigrant Bank. [1] He served as chairman of the New York State Thruway Authority until November 2014 and led the procurement process for the replacement of the Tappan Zee Bridge.
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In fact, more than 8.5 million customers signed up for OSAs with leading U.S. banks in 2005 alone, and some industry experts estimated the online savings account market would triple in size, from $250 billion to $400 billion by 2010. [1] [2]
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