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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) April 14, 1999
RICHMOND COUNTY FINANCIAL CORP.
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(Exact name of registrant as specified in its charter)
Delaware 0-23271 06-1498455
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(State or other Jurisdiction of (Commission (IRS Employer
incorporation or organization) File Number) Identification No.)
1214 Castleton Avenue, Staten Island, New York 10310
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (718) 448-2800
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Not Applicable
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(Former name or former address, if changed since last report.)
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ITEMS 1, 2, 3, 4, 6, 7, 8 AND 9. NOT APPLICABLE.
ITEM 5. OTHER EVENTS.
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On April 14, 1999, Richmond County issued a press release which reported
the pending introduction of Internet banking service through RCBK Online. The
press release announcing the new service is attached as Exhibit 99.1.
Exhibit No. Description
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99.1 Press release issued on April 14, 1999.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
RICHMOND COUNTY FINANCIAL CORP
Dated: April 15, 1999 By: /s/ Michael F. Manzulli
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Michael F. Manzulli
Chairman and Chief Executive Officer
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EXHIBIT 99.1 PRESS RELEASE
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RICHMOND COUNTY FINANCIAL CORP.
1214 CASTLETON AVENUE, STATEN ISLAND, NEW YORK 10310-1702
(718) 448-2800 EXECUTIVE OFFICE (718) 815-7048 FINANCE DEPARTMENT
PRESS RELEASE
FOR IMMEDIATE RELEASE
CONTACTS:
ANTHONY E. BURKE Thomas R. Cangemi
President and COO Senior Vice President and CFO
Tel: (718) 448-2800 Tel: (718) 815-7048; Fax: (718) 815-7371
RICHMOND ANNOUNCES
INTERNET BANKING SITE - "WWW.RCBK.COM"
Staten Island, N.Y. - April 14, 1999, Richmond County Financial Corp.
(NASDAQ/NMS:RCBK), the holding company for Richmond County Savings Bank, a $2.6
billion savings bank with 24 branches throughout Staten Island and Brooklyn (New
York) and Bayonne, Newark, Elizabeth and Union (New Jersey) announced today that
the Bank will begin offering Internet Banking services via the World Wide Web at
www.rcbk.com during this quarter of 1999.
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Michael F. Manzulli, Chairman and CEO of the Company commented, "The bank is
committed to developing new financial products and services. We believe the most
efficient and effective distribution channel is delivery via the Internet. This
exciting new service has been in development since the fall of 1998. We are
nearing completion of testing and expect to make RCBK Online ("Online") fully
available this current quarter."
To introduce Online, Richmond has utilized the development and implementation
capabilities through an internet banking service agreement with nFront, Inc.,
the leading provider of full service internet banking solutions, and support
services provided by BISYS Group, Inc., one of the nation's leading technology
outsourcing providers to financial institutions. Online will allow the bank to
offer its customers access to their accounts through personal computers using a
secured 128-bit supported
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browser, 24 hours a day, seven days a week, 365 days a year. ONLINE will offer
Checking, Savings, and Money Market accounts, CD's and a complete array of
Lending products. ONLINE Bill Payment will also be available in addition to the
ability to download customer transactions to financial management software such
as Quicken(R) and Microsoft Money(R).
"We are pleased to offer our customers a secure, comprehensive Internet Banking
Solution", stated Anthony E. Burke, President and COO of the Company. "The
convenience of Internet Banking via ONLINE complements our branch network and
enables the bank to expand its marketplace. We anticipate that users will enjoy
the benefits of conducting their banking business whenever they choose, wherever
there is Internet access."
The bank also is pleased to announce that it is in the final development stages
of its Internet Business Banking product, also developed through NFRONT; it is
called NBUSINESS. Customers will also be able to access the site through
www.rcbk.com. "Our Business customers have been asking for the next generation
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cash management products for some time now...and this is it" stated Mr. Burke.
"Business customers will have state-of-the-art cash management capabilities at
their fingertips 24 hours a day. This will be an invaluable tool for the
hands-on manager. We expect to make it available by the end of this quarter as
well."
Once the internet source is fully operational, internet accounts may be opened
online by visiting www.rcbk.com or by visiting any branch of Richmond County
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Savings Bank, or any branch of its two divisional banks, Ironbound Bank or First
Savings Bank. Existing customers may access their accounts by signing up for
ONLINE.
Statements contained in this news release, which are not historical facts, are
forward-looking statements, as the term is defined in the Private Securities
Litigation Reform Act of 1995. Such forward-looking statements are subject to
risks and uncertainties which could cause actual results to differ materially
from those currently anticipated due to a number of factors, which include, but
are not limited to, factors discussed in documents filed by the Company with the
Securities and Exchange Commission from time to time.
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