First Fidelity Rejects Bid for Seven Branches

HADDON TOWNSHIP, N.J. - First Peoples Financial Corp. said that First Fidelity Bancorp has turned down its offer to buy seven branches First Fidelity acquired in its takeover of the failed First National Bank of Toms River.

First Peoples said it originally made the offer to First National's parent, Statewide Bancorp, before regulators seized the bank.

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