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The company will pay $48 million for four branches and $230 million in loans.
June 20 -
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.
June 11 -
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?
May 3American Banker Magazine -
It might make sense to scrap a decades-old name, especially for banks with aggressive growth plans.
May 2 -
Boiling Springs Savings Bank said James Nesci, formerly of TD Bank, will manage its operations and create a strategic plan.
May 1 -
Sussex Bancorp, which recently completed its first whole-bank acquisition, is rebranding itself as SB One Bancorp.
April 19 -
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.
March 25 -
As tax reform spurs demand, a rising rate environment is making the short-term loans more appealing to banks.
March 22 -
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.
March 2 -
First Jersey is the second federally insured CU to be liquidated this year.
March 1 -
The company must develop and implement a system of internal controls to ensure full Bank Secrecy Act and anti-money-laundering compliance.
February 12 -
Investors, a former serial acquirer that has been sidelined by an informal order tied to Bank Secrecy Act compliance, has hired an executive from EverBank.
February 7 -
Thomas O’Brien made a series of aggressive cuts at Sun Bancorp in New Jersey before orchestrating its sale to OceanFirst.
January 31 -
Despite the increase in loan demand, the New Jersey company swung to a loss in the quarter as it devalued its deferred tax asset.
January 25 -
The new tax law also resulted in more than $22 million of charges at the New Jersey-based bank.
January 25 -
Both proposals aim to establish institutions that would be modeled after Bank of North Dakota, the nation's only public bank.
January 24 -
If Congress doesn’t take the lead on protecting consumers from data breaches, states are more than ready to offer their own fixes. Bankers will also be keeping close tabs on bills related to marijuana, PACE loans and elder financial abuse.
January 11 -
The company tapped a new president for the business, which it will also rebrand, after hiring a team from Scottrade Bank in Missouri.
January 9 -
Though Marlene Caride has no direct experience in the banking industry, she could play a key role in carrying out Governor-elect Phil Murphy’s pledge to create a public bank in the Garden State.
December 21 -
The company has been working to address an informal agreement with regulators tied to Bank Secrecy Act compliance.
December 7














