New York, NY – March 30, 2012 – (RealEstateRama) — Benjamin M. Lawsky, New York State’s Superintendent of Financial Services, has named Brian D. Obergfell to the newly formed State Charter Bank Advisory Board. Mr. Obergfell is a senior partner at Emmet, Marvin & Martin, LLP and a member of the firm’s executive and strategic committees.
The new State Charter Advisory Board is made up of nine members from various locations throughout New York State. Members, who will each serve a three-year term, represent banks with assets from under $500 million to more than $3 billion. Directed by New York’s Department of Financial Services, the newly formed Advisory Board is designed to promote the state banking system. The Board seeks to retain existing state chartered banks while encouraging federally chartered banks to become state charters.
“State chartered banking is experiencing terrific momentum, and I look forward to helping to foster this over the next few years,” said Obergfell.
There are roughly 300 state chartered banks in New York, The Bank of New York Mellon Corporation and Goldman Sachs among them.
Mr. Obergfell joined Emmet, Marvin & Martin in 1985 as an Associate and became a Partner in 1994. He serves on the firm’s executive and strategic committees and is a senior partner in the firm’s corporate and real estate group where he specializes in American depositary receipts and CMBS. In 2007, he was appointed to New York State’s Banking Board. A graduate of Boston University and New York Law School, Mr. Obergfell is a Trustee of the Leake & Watts Children’s Home and a Trustee of the Heisman Trophy Trust. He resides in Brooklyn Heights with his wife Jo-Ann and daughter Grace.
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