The New York Law Journal ranked Signature Bank No. 1 in three categories of its 11th annual “Best of” survey of the New York legal community.
The journal named Signature Bank the No. 1 business bank, private bank and business escrow services (formerly attorney escrow services). This marks the 11th consecutive year in which Signature Bank has earned a top three position in one or more of these same categories.
The rankings reflect the opinions of thousands of attorneys and other legal professionals who were eligible to cast votes in more than 80 legal-related categories. The voting process is democratic, and the results represent the viewpoints of New York Law Journal readers and members of the New York legal community.
Additionally, based on Signature Bank’s 2020 placement on the list, it earned inclusion for the third consecutive year in New York Law Journal’s “Best of” Hall of Fame. The Hall of Fame is awarded to entities that place in “Best of” categories for at least three of the previous four years.
Since 2010 when the New York Law Journal began surveying its readers for its “Best of” listing, Signature Bank has consistently secured the top spot or ranked in the top three in the business bank, private bank and business escrow services categories. Signature Bank has ranked No. 1 in the best business bank category six times and also placed in the top three five other times. The bank also has ranked in the top three of the private bank category (No. 1 for four consecutive years) in 10-straight years, and in the top three in the Business Escrow Services category (including ranking No. 1 for the past four straight years and six times overall) in nine-straight years.
“Signature Bank built its reputation on catering to clients through our distinctive single-point-of-contact model. It is these founding principles and client-centric structure that results in our continually high rankings annually across these three categories of New York Law Journal’s ‘Best of’ rankings,” Joseph J. DePaolo, president and CEO of Signature Bank, said. “Over the years, the bank established a strong presence by serving legal clientele, and this can be evidenced by the consistent results independently garnered through this program. We continue to stand out — time and again — as top contenders amongst some of the world’s largest mega-banks. We value the trust our law firms place in our institution and are gratified our clients took time to vote for Signature Bank. And we also greatly appreciate the opportunity the New York Law Journal affords institutions that serve the legal profession to be recognized through their ‘Best of’ platform.”
