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    Metropolitan Commercial Bank Deepens Its Commitment to the Boro Park Community

    7/14/25 4:05:00 PM ET
    $MCB
    Major Banks
    Finance
    Get the next $MCB alert in real time by email

    Long-Term Lease Donation of Commercial Space to the Boro Park Jewish Community Council

    Metropolitan Commercial Bank (the "Bank," "MCB"), a full-service commercial bank headquartered in New York City, is proud to announce a significant donation to the Boro Park Jewish Community Council Inc. (BPJCC): a 10-year, rent free lease for a large portion of the Bank's property at 5102 13th Avenue in the heart of Boro Park, Brooklyn.

    The donated space—located next door to the Bank's Boro Park Banking Center—will serve as the headquarters for BPJCC and support its mission of delivering vital social services to individuals and families throughout the community.

    "When we purchased 5102 13th Avenue to create a new and improved banking center for our Boro Park clients, we knew we wouldn't need the entire building," said Mark R. DeFazio, Founder, President & CEO of Metropolitan Commercial Bank. "MCB has been serving Boro Park almost since our founding 26 years ago. When we opened our new banking center in November of 2023, we launched our ‘Committed to Boro Park' campaign to reaffirm our long-term investment in this extraordinary neighborhood. Donating this space to BPJCC—an organization that does so much good—was a natural next step."

    The Boro Park Jewish Community Council provides essential support services to the neighborhood's residents, including benefits enrollment, workforce initiatives, senior and Holocaust survivor services, parenting workshops, housing assistance, food security programs, and crisis response. The new space will allow BPJCC to expand its reach and continue meeting community needs with care and dignity.

    "We are deeply grateful to Metropolitan Commercial Bank for this extraordinary act of generosity," said Avi Greenstein, CEO of the Boro Park Jewish Community Council. "A permanent home in the heart of Boro Park will allow us to serve more families, more effectively. MCB's commitment to our community goes far beyond banking—they are true partners in strengthening Boro Park."

    About Metropolitan Commercial Bank

    Metropolitan Commercial Bank (the "Bank") is a New York City based full-service commercial bank. The Bank provides a broad range of business, commercial and personal banking products and services to individuals, small businesses, private and public middle-market and corporate enterprises and institutions, municipalities and local government entities.

    Metropolitan Commercial Bank provides specialized banking services for the EB-5 and E-2 communities. The Bank combines deep industry expertise with tailored financial products to ensure a smooth, secure and efficient journey from initial investment to project completion.

    Metropolitan Commercial Bank was named one of Newsweek's Best Regional Banks in 2024 and 2025. The Bank was ranked by Independent Community Bankers of America among the top ten successful loan producers for 2024 by loan category and asset size for commercial banks with more than $1 billion in assets. Kroll affirmed a BBB+ (investment grade) deposit rating on January 29, 2025. For the fourth time, MCB has earned a place in the Piper Sandler Bank Sm-All Stars Class of 2024.

    Metropolitan Commercial Bank operates banking centers and private client offices in Manhattan and Boro Park, Brooklyn in New York City and Great Neck on Long Island in New York State.

    The Bank is a New York State chartered commercial bank, a member of the Federal Reserve System and the Federal Deposit Insurance Corporation, and an equal housing lender. The parent company of Metropolitan Commercial Bank is Metropolitan Bank Holding Corp. (NYSE:MCB) (the "Company").

    For more information, please visit the Bank's website at MCBankNY.com.

    About the Boro Park Jewish Community Council (BPJCC)

    The Boro Park Jewish Community Council is a trusted pillar of support for the Boro Park community, dedicated to improving lives and uplifting those facing hardship. With a mission grounded in compassion, dignity, and respect, BPJCC serves as a powerful buffer against poverty—delivering comprehensive social services to individuals and families in need.

    From benefits enrollment and housing assistance to career guidance and crisis intervention, BPJCC ensures that every person who walks through its doors is treated with care and humanity. The organization also fosters community connection through free public events, including educational programs, holiday celebrations, live music, and guest speakers.

    BPJCC is a place where anyone can come in for help—and be helped. It is a resource, a refuge, and a reminder that no one in Boro Park should face life's challenges alone.

    For more information, visit bpjcc.org.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20250714335196/en/

    212-365-6721 

    [email protected]

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