READING, Pa. -- Meridian Bancorp said it signed a definitive agreement to acquire four southern New Jersey branches from $1.8 billion-asset Provident Savings Bank of Jersey City. Meridian said it will assume $85 million in deposits and purchase $20 million in one- to four-family residential mortgage loans. The offices -- in Cherry Hill, Collingswood, Willingboro, and Maple Shade -- will increase the network of Meridian Bank New Jersey to eight. Meridian has more than 230 branches in Pennsylvania, New Jersey, and Delaware, and $12.1 billion in total assets.
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