New Jersey

Fred Daibes and an associate allegedly conspired to fraudulently obtain loans from Mariner's Bank, a New Jersey institution he helped found.

OceanFirst Financial's acquisition of Capital Bank of New Jersey would strengthen its presence in the southern part of the state and Philadelphia.

The New Jersey-based credit union aims to increase its technological offerings as a result of the conversion.

It will also invest in mortgage and small-business lending and in neighborhood revitalization efforts there. The moves are part of a nationwide expansion by the largest U.S. bank.

Lakeland will expand its operations in three counties in its home state of New Jersey with the $57 million acquisition.

Once a hotbed of activity, the region has reported the fewest bank mergers since the financial crisis.

The company has created a municipal group that will focus on nonpublic financing services at a time when loans to bond issuers are declining.

The New Jersey company will pay $76 million for a bank with a low loan-to-deposit ratio and an SBA lending platform.

Provident Financial said it increased its allowance against a commercial loan after discovering that the borrower overstated the value of its collateral.

Peapack-Gladstone has agreed to buy Lassus Wherley & Associates, which has offices in New Jersey and Florida.

The company will pay $48 million for four branches and $230 million in loans.

New Jersey’s commuter rail and bus system is joining the movement to add contactless payment options for commuters, which observers say could spark broader adoption of mobile payments across the U.S.

A New Jersey community bank has launched a campaign that takes digs at the megabank while highlighting its own values. Should others follow its lead?

It might make sense to scrap a decades-old name, especially for banks with aggressive growth plans.

Boiling Springs Savings Bank said James Nesci, formerly of TD Bank, will manage its operations and create a strategic plan.

Sussex Bancorp, which recently completed its first whole-bank acquisition, is rebranding itself as SB One Bancorp.

Only North Dakota has its own state-owned bank, but policymakers in other states say more public banks are necessary to fully meet society's needs. Among those who proponents say would benefit the most: small-business owners and legal marijuana suppliers and distributors.

As tax reform spurs demand, a rising rate environment is making the short-term loans more appealing to banks.

The New Jersey bank did not say exactly what the problem was, but it is beefing up how allegations of financial-reporting violations are reported to upper management.

First Jersey is the second federally insured CU to be liquidated this year.