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PCSB Bank completes conversion to New York-chartered commercial bank

Yorktown Heights, N.Y.-based PCSB Bank completed its conversion from a New York-chartered savings bank to a New York-chartered commercial bank.

As announced earlier, PCSB Commercial Bank merged into PCSB Bank after the conversion. PCSB had received approval from the Federal Deposit Insurance Corporation and the New York State Department of Financial Services to convert back in October 2018.

PCSB bank is a unit of PCSB Financial Corp.