Investors Bancorp (ISBC) will cut 31 jobs at Marathon National Bank of New York, about a month after it completed its acquisition of the formerly Greek-owned bank.

Investors will eliminate executive and back-office operational positions at Marathon that were redundant to Investors' existing personnel, said Chief Operating Officer Domenick Cama. Investors will keep all Marathon branch and lending staff, and it does not plan to close any Marathon branches, he said. 

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.