As it enters a new phase by going public next week, Roslyn Bancorp is making an extra effort to remember its roots.

The Roslyn, N.Y.-based holding company will endow $12.7 million - roughly 3% of its shares - to the Roslyn Savings Bank Foundation, a charitable organization.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.