Essex Signs North Fork Bank As Client

June 29, 2001 at 08:00 PM
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NU Online News Service, June 29, 4:42 p.m. – Essex Corp., New York, a third-party marketer and wholesaler of financial products to banks, says it has signed North Fork Bancorporation Inc., Melville, N.Y., as a client.

North Fork, with total assets of approximately $15 billion, operates more than 150 branch locations throughout the New York area. It is ranked among the top 50 commercial bank holding companies in the United States based on assets.

Essex says it will team with North Fork to roll out a platform sales program for licensed bank employees

The program will offer employees access to products from many different financial services companies. Essex will provide wholesaling and training support for all of the products, and its annuity sales center will give licensed bank employees product information and assistance with client questions.

Essex is a subsidiary of John Hancock Financial Services Inc, Boston.

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