30.05.2006 12:00:00

Metavante Signs New York Community Bank for Risk and Compliance Solutions

Metavante Corporation, the financial technologysubsidiary of Marshall & Ilsley Corporation (NYSE:MI), today announcedthat New York Community Bank, the primary subsidiary of New YorkCommunity Bancorp, Inc., has selected Metavante Risk and ComplianceSolutions to automate its regulatory methodologies.

Metavante will provide New York Community Bank with severalcomponents of compliance software from its Prime Associates unit thatinclude: BSA Reporter, EDD Reporter, OFAC Reporter, Legal Reporter andthe Prime Compliance Databank. New York Community Bank will use thesetools in its ongoing efforts to comply with U.S. and internationalregulatory compliance requirements.

Metavante Risk and Compliance Solutions provide an integratedsuite of Bank Secrecy Act, USA PATRIOT Act, and OFAC compliancesoftware products that enable financial services institutions tofilter and review their customers' transactions for sanctioned partyviolations. It facilitates suspicious activity detection andautomatically files the necessary regulatory reports with theappropriate regulatory agencies (such as FinCEN). In addition, ithelps financial institutions comply with the USA PATRIOT Act throughcustomer identity verification and record keeping, a review modulethat compares customer records with known or suspected terroristlists, and risk-based modeling of customers.

BSA Reporter provides Bank Secrecy Act compliant anti-moneylaundering (AML) functions and EDD Reporter delivers Enhanced DueDiligence (EDD) for "Know Your Customer" and customer identificationprogram compliance functions. OFAC Reporter offers heightenedawareness of politically exposed persons and financial fraudsters on aglobal basis and helps meet mandates set by global sanctioning bodies,such as the U.S. Treasury Office of Foreign Assets Control. LegalReporter equips financial institutions with automated subpoena andFinCEN 314a management, including research and reporting capabilities.

The Prime Compliance Databank provides critical regulatory, legal,and reputational due diligence data for the compliance software suite.It creates global sanctioned party data as well as non-sanctionedparty data from multiple countries around the world. Prime's datalists are designed to greatly enhance sanctions filtering efforts andintegrate seamlessly with Prime's applications. They can be used withother products as well.

"New York Community Bank's proactive approach to regulatory bestpractice is synergistic with the market-leading solutions offered byPrime. The relationship will offer a best-in-class solution to adifficult challenge," said Salvatore Cangialosi, president, PrimeAssociates, Inc.

Metavante's Risk and Compliance Management solutions allow clientsto identify seen and unforeseen risks and develop successful,sustainable, compliance programs tailored to their needs. Through aproven methodology, which includes enabling technology and industryexpertise, Metavante enables clients to reduce their risk managementburden and grow their business.

About New York Community Bancorp, Inc.

The leading producer of multi-family loans portfolio in New YorkCity, New York Community Bancorp, Inc. is the holding company for NewYork Community Bank and New York Commercial Bank.

A New York State-chartered savings bank with 137 offices servingcustomers in New York City, Long Island, Westchester County, andnorthern New Jersey, New York Community Bank is the third largestthrift depository in the State of New York, and operates through sevenlocal divisions: Queens County Savings Bank, Roslyn Savings Bank,Richmond County Savings Bank, Roosevelt Savings Bank, CFS Bank, FirstSavings Bank of New Jersey, and Ironbound Bank.

New York Commercial Bank is a New York State-chartered commercialbank with 29 offices serving businesses and consumers in Manhattan,Queens, Brooklyn, Long Island, and Westchester County, and is the 17thlargest commercial bank in the State of New York.

Additional information about New York Community Bancorp, Inc. andits bank subsidiaries is available at www.myNYCB.com.

About Metavante

Metavante Corporation delivers banking and payments technologiesto financial services firms and businesses worldwide. Metavanteproducts and services drive account processing for deposit, loan andtrust systems, image-based and conventional check processing,electronic funds transfer, consumer health care payments, andelectronic presentment and payment. Headquartered in Milwaukee,Metavante (www.metavante.com) is wholly owned by Marshall & IlsleyCorporation (NYSE:MI).

Metavante is a registered trademark of Metavante Corporation.

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