New Jersey

Ann Goldinak will take the helm of the New Jersey-based credit union when John Culp retires in December.

The New Jersey company will add three branches in the northern part of the state as part of the transaction.

The Totowa, N.J.-based institution's board is working on finding a successor for Lourdes Cortez.

Combining the two Southern California-based institutions will create the state's eighth-largest credit union. The deal is also a homecoming of sorts of Xceed CEO Teresa Freeborn, who was previously an executive at Kinecta.

Unity Bancorp must improve its policies and procedures and increase staff training on following Bank Secrecy Act and anti-money-laundering laws.

More than a dozen firms have struck agreements with nine states to provide forbearance to customers struggling to make payments in the midst of the coronavirus pandemic.

South Jersey Gas Employees Federal Credit Union will merge into Jersey Shore Federal Credit Union on June 1.

The company is one of the first to share information on impacted clients, forbearance requests and emergency loan applications.

The company will enter an affluent New Jersey county and a key New York market with the $209 million deal.

A New Jersey jury has put banks and other businesses on notice about their liability for incidents involving clients who mistreat employees in the workplace.