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Press Release
Klatsky and Strassberger Join New York State Banking Board

March 10, 2010

New York N.Y.: The New York State Banking Department today announced the appointments of Mr. Wilbur Klatsky and Mr. Florian Strassberger to the New York State Banking Board. Klatsky and Strassberger were appointed by Governor David A. Paterson and confirmed by the State Senate. They will serve as public and industry members, respectively.

“Wilbur and Florian are very welcome additions to the Banking Board,” said Richard H. Neiman, Superintendent of Banks for the state of New York. “Their impressive accomplishments in public service and global finance speak for themselves – I know that they will be great assets to the work of the Banking Board.”

Prior to his retirement in 2009, Wilbur Klatsky served as the Chief Executive Officer of the Community Development Corporation of Long Island Inc. (CDCLI), a non-profit, HUD-certified agency engaged in community-building on Long Island through housing and economic development programs. As CEO, Klatsky created several loan programs specifically targeted to a range of businesses and formed an organization, Community Building Fund LLC, to offer small business loans.  Klatsky is the Mayor of the Incorporated Village of Shoreham and remains active in promoting small businesses.

Strassberger is the general manager of DZ BANK’s New York Branch, which was founded more than 30 years ago. DZ BANK, headquartered in Frankfurt, is the central bank of the German cooperative banking sector. A German citizen who has been with DZ Bank since 1998, Strassberger served as a managing director of the bank in Germany before moving to the U.S. in 2008.  A Fulbright scholar, he holds a Ph.D. from the Free University in Berlin and a Master from the University of North Carolina at Chapel Hill.

The 17-member Banking Board includes both industry and public members and is chaired by the Superintendent of Banks, Richard H. Neiman. The board members receive no salary from the state for their work. More information about the New York State Banking Department and Banking Board is available on the Banking Department's Web site at www.banking.state.ny.us.

The New York State Banking Department is the regulator for all state-chartered banking institutions, virtually all of the United States offices of international banking institutions, all of the State’s mortgage brokers, mortgage bankers, check cashers, money transmitters and budget planners. The aggregate assets of the depository institutions supervised by the Banking Department are more than $2.4 trillion.

In addition to regulating banking institutions, the Banking Department is active in informing and educating all New Yorkers on banking matters. To contact the Banking Department, please call 1-877-BANK-NYS or visit our Web site at www.dfs.ny.gov.