Kearny expanding in northern New Jersey with MSB purchase
The company will pay $94 million for a bank with operations in New Jersey's Somerset and Morris counties. ... Read full article
The company will pay $94 million for a bank with operations in New Jersey's Somerset and Morris counties. ... Read full article
The New Jersey company paid $336 million for all stock owned by Blue Harbour Group. ... Read full article
Christopher Maher, who has announced seven bank deals since 2015, says a stable rate outlook will help buyers and sellers crunch merger numbers. ... Read full article
The company will enter three counties in its home state after it buys Roselle. ... Read full article
PiNG Bank, which would be based in Jersey City, is being proposed by former bankers at Cross River Bank, Citigroup and GSL Savings Bank. ... Read full article
Gov. Phil Murphy signed an executive order Wednesday establishing a board that would come up with a plan to create a public bank in New Jersey. ... Read full article
Most consumers, even those in rural communities, have become accustomed to digital services. That's something certain community banks better face up to, panelists at the ABA conference said. ... Read full article
Recent closings could portend a stiffer regulatory stance on capital adequacy and risk. ... Read full article
The FDIC sold the operations of City National Bank of New Jersey, a minority depository institution, to Industrial Bank in Washington, D.C., in the year's fourth closure. ... Read full article
Intense competition for deposits and a growing need for scale are spurring more New Jersey banks to seek out buyers. ... Read full article
The company will pay $113 million for a commercial lender based in its backyard. ... Read full article
Christopher Maher is kicking the tires on an "acquisition of size" that would propel the New Jersey bank across the $10 billion-asset mark. ... Read full article
The New Jersey company was reportedly shopping itself around last fall. Fresh off an agreement to buy Gold Coast Bancorp in New York, CEO Kevin Cummings says he is ready to explore other acquisitions. ... Read full article
The New Jersey company will pay $284 million for Two River Bancorp and Country Bank Holding. ... Read full article
The $64 million acquisition is the first for Investors since it was freed from a regulatory order tied to Bank Secrecy Act compliance. ... Read full article
Peapack-Gladstone in New Jersey has more than doubled its assets under management in the last six years, taking advantage of buyouts of its smaller rivals as it aims to become less dependent on net interest income. ... Read full article
The New Jersey company agreed to acquire Point View Wealth Management. ... Read full article
Breaking from its playbook as a conservative lender, Provident Financial in New Jersey is working with a fintech to offer unsecured loans online. ... Read full article
The thrift had been known as Boiling Springs Savings Bank. ... Read full article
The New Jersey regional will have higher capital levels after buying Oritani Financial. That was just one of the reasons why CEO Ira Robbins overcame his aversion to M&A. ... Read full article