Signature Bank, a New York-based full-service commercial bank, announced it was named Best Commercial Bank of the Year in the United States in the International Banker 2017 North and South American Awards.

The International Banker annual banking awards were established to identify leading banking organizations that represent benchmarks of achievement, corporate governance, technological development and client service that help drive economic growth in the countries in which they operate. The International Banker 2017 Banking Awards distinguished those institutions that have excelled in providing unparalleled service to their clients while also continuously maintaining a high level of regulatory compliance. Signature Bank was selected for this honor by a team of International Banker journalists who served as the panel of judges. International Banker, a publication catering to finance professionals, covers all areas of banking and finance, including risk management, structured finance, trading, company analysis, corporate social responsibility and technology.

"This acknowledgement is indicative of the increasing leadership role Signature Bank is occupying in the commercial banking arena, coupled with our commitment to catering to our clients through our distinctive, single-point-of-contact approach. While staying under the radar screen, we have built a solid reputation amongst bankers and clients alike, based on our team-based approach to meeting the needs of privately owned businesses, their owners and senior managers. This has led to our ability to achieve consistent, significant record-setting growth, and subsequently, to the International Banker judges recognizing our successes to date in their awards competition. We thank the publication for acknowledging Signature Bank in this global program," explained Joseph J. DePaolo, co-founder, president and chief executive officer at Signature Bank.