Israel Discount Bank of New York Ltd.

Description

Israel Discount Bank of New York Ltd., also known as IDB Bank, operates as a state-chartered commercial bank. It specializes in the U.S. private banking, international private banking, middle market lending, asset based lending, commercial real estate lending, trademark financing, factoring, and trade and finance services (import, export and standby letters of credit, documentary collections, and bankers' acceptances). The companys banking services include personal and business accounts, cash management, demand deposit/checking accounts, money market savings accounts, time deposits, credit cards, ATM/debit cards for personal accounts, safe deposit boxes, online banking, money transfers, lockbox services, safekeeping and custody of securities, money orders, and direct deposit of social security and other recurring payments. Its services also include foreign exchange and interest rate derivatives, healthcare and not-for-profit products and services, brokerage, investment management and trust services, CDs, custom personal loans, and other banking services. In addition, the company, through its subsidiary, offers investment products, such as the U.S. government and agency securities, corporate stocks and bonds, offshore and domestic mutual funds, and capital market instruments. It serves its customers in the United States of America and internationally. Israel Discount Bank of New York Ltd. was formerly known as Israel Discount Trust Company and changed its name to Israel Discount Bank of New York Ltd. in 1979. The company was founded in 1922 and is headquartered in New York, New York with additional branches in Staten Island and Brooklyn, New York; Short Hills, New Jersy; Aventura, Florida; Beverly Hills and Los Angeles, California; and Grand Cayman Island, the British West Indies. It also has representative offices in Chile, Israel, Mexico, Peru, and Uruguay. Israel Discount Bank of New York Ltd. operates as a subsidiary of Discount Bancorp, Inc.

Tags:

Finance and Corporate Banking Services, Corporate and Investment Banking Services, Bank Securities, Bank Capital, Real Estate Banking, Private Banking Loans, Investment Loans, Banking and Investment Management Services, Bank Stock Loans, Banking Markets, Personal Loans, Market Loans, Loan Management, Private Banking Services