new jersey

Kearny expanding in northern New Jersey with MSB purchase

12/19/19

The company will pay $94 million for a bank with operations in New Jersey's Somerset and Morris counties.

[more]

Investors Bancorp buys out activist shareholder

12/18/19

The New Jersey company paid $336 million for all stock owned by Blue Harbour Group.

[more]

Pause in rate cuts will mean more M&A in 2020, says OceanFirst chief

12/04/19

Christopher Maher, who has announced seven bank deals since 2015, says a stable rate outlook will help buyers and sellers crunch merger numbers.

[more]

Columbia Financial expanding in N.J. with Roselle Bank acquisition

12/03/19

The company will enter three counties in its home state after it buys Roselle.

[more]

Organizers planning new bank in New York area

12/02/19

PiNG Bank, which would be based in Jersey City, is being proposed by former bankers at Cross River Bank, Citigroup and GSL Savings Bank.

[more]

N.J. governor establishes public bank task force

11/13/19

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.

[more]

Small banks resisting digital (yes, they exist) warned to wise up

11/10/19

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.

[more]

Three bank failures in one week: A blip or something worse?

11/05/19

Recent closings could portend a stiffer regulatory stance on capital adequacy and risk.

[more]

Bank failure in New Jersey is nation's third in a week

11/01/19

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.

[more]

Why bank M&A is flourishing in the Garden State

09/04/19

Intense competition for deposits and a growing need for scale are spurring more New Jersey banks to seek out buyers.

[more]