Press Release

Approval of Application by PCSB Financial Corporation

February 22, 2017

NEW YORK—The Federal Reserve Bank of New York approved the application under Section 3 of the Bank Holding Company Act by PCSB Financial Corporation, Yorktown Heights, New York, to become a bank holding company by acquiring 100 percent of the voting shares of PCSB Bank, Brewster, New York.

The Reserve Bank acted under authority delegated by the Board of Governors of the Federal Reserve System.