New York Community Bancorp, Inc. Chairman, President, & CEO Joseph R. Ficalora to Present at Bank of America Merrill Lynch Conference on November 10, 2009 at 4:15 P.M. (ET)

New York Community Bancorp, Inc. (NYSE: NYB) (the “Company”) today announced that its chairman, president, and chief executive officer, Joseph R. Ficalora, will participate in the Bank of America Merrill Lynch Banking and Financial Services Conference to be held in New York City on Tuesday, November 10, 2009. Mr. Ficalora’s presentation is scheduled to begin at 4:15 p.m. Eastern Time and will focus on the Company’s third quarter 2009 performance and its business strategies.

A simultaneous webcast of the presentation, including any questions and answers, will be available at the Company’s web site, www.myNYCB.com. A replay of the webcast will be available within four hours of the presentation’s conclusion, and will be archived at the Company’s web site, together with the accompanying PowerPoint slides, through November 24, 2009.

About the Company

With assets of $32.9 billion at September 30, 2009, New York Community Bancorp, Inc. is the 24th largest bank holding company in the nation and a leading producer of multi-family loans in New York City, with an emphasis on apartment buildings that feature below-market rents. The Company has two bank subsidiaries: New York Community Bank, with 177 branches serving customers throughout Metro New York and New Jersey; and New York Commercial Bank, with 35 branches serving customers in Manhattan, Queens, Brooklyn, Long Island, and Westchester County in New York.

Reflecting its growth through a series of acquisitions, the Community Bank operates through five local divisions: Queens County Savings Bank in Queens, Roslyn Savings Bank on Long Island, Richmond County Savings Bank on Staten Island, Roosevelt Savings Bank in Brooklyn, and Garden State Community Bank in New Jersey. Similarly, the Commercial Bank operates 18 of its branches under the name Atlantic Bank. Information about the Company and its bank subsidiaries is available at www.myNYCB.com and www.NewYorkCommercialBank.com.