New Jersey

Three banks have redeemed shares of preferred stock to make their exits from the Small Business Lending Fund.

Investors Bancorp in Short Hills, N.J., has hired a former Capital One Financial executive to head its enterprise risk management team.

Eagle Bancorp in Bethesda, Md., has added equipment leasing to its lineup of commercial banking products.

The board of Pascack Bancorp in Waldrick, N.J., spent years debating whether to sell the company or remain independent.

NexBank in Dallas has bought College Savings Bank in Princeton, N.J.

People’s United Financial in Bridgeport, Conn., has dismissed three employees in the wake of alleged fraud on commercial real estate loans.

M&T Bank has begun dismissing former Hudson City Savings Bank workers in New Jersey, following the completion of its acquisition of the company.

CIT Group, the commercial lender that’s expanded into retail banking, posted profit that beat analysts’ estimates as loans and deposits increased with the acquisition of OneWest Bank Group.

Investors Bancorp in Short Hills, N.J., posted higher profit in the third quarter, with strong interest income growth offsetting higher employee-related costs.

M&T Bank in Buffalo, N.Y., has completed its acquisition of Hudson City Bancorp in Paramus, N.J., putting to rest a deal that had been announced more than three years earlier.