Financial Services >> CEO Interviews >> June 14, 1999

Charles J. Hamm – Independence Community Bank

CHARLES J. HAMM is President, CEO & Chairman of Independence Community Bank Corp. In 1985, after spending 24 years in advertising and marketing, he was named President and CEO of Independence Savings Bank, a community-based financial institution headquartered in Brooklyn. In 1996, he became Chairman as well. In 1998 the name was changed to Independence Community Bank. He also has served on the Boards of more than 17 community groups, including the Brooklyn Hospital Center, Pratt Institute, the Brooklyn Botanic Garden and the Community Preservation Corporation. When Mr. Hamm came to Independence, he recognized the need to capitalize on the strengths of a community bank. It's an attitude that works. Since his arrival, the bank has increased its assets from $1 billion to $6.9 billion, and grown from nine branches to 65 branches. He is a member of the Federal Reserve Bank of New York, Board of Governors Thrift Institutions Advisory Panel and the New York City Partnership. A Harvard graduate, he received his MBA from New York University. He served in the US Army as a First Lieutenant in the Counterintelligence Corps from 1959 to 1961. Mr. Hamm is married with two children. Profile
TWST: First, give us a quick summary on Independence, enough of a

background summary or sketch to put us into context with what you see as

your business, what you see as your company today.