Delanco Bancorp in New Jersey has completed its conversion to a fully public company.

The $130 million-asset company said Wednesday that it raised about $4.2 million in a stock offering tied to its second-step conversion. Holders of the stock of the former thrift will have their shares converted to the shares in the new holding company, Delanco said.

Keefe, Bruyette & Woods managed the offering; Kilpatrick, Townsend & Stockton served as Delanco¬ís legal counsel.

Delanco has two branches in Burlington County, N.J.

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