Merchants New York Bancorp elected William J. Cardew vice chairman of the holding company and its principal unit, Merchants Bank of New York.

Mr. Cardew will remain chief operating officer and chief financial officer of both entities, roles he has held since 1985 when he was named executive vice president and director.

Before joining the bank in February 1985, Mr. Cardew was a senior vice president at Chemical Bank and before that held the same title at Fidelity Union Bank of New Jersey.

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