Valley National bulks up in N.J. with Oritani purchase
Valley, which had focused on Florida in recent years, will double its market share in Bergen County with the $740 million acquisition. ... Read full article
Valley, which had focused on Florida in recent years, will double its market share in Bergen County with the $740 million acquisition. ... Read full article
Seed, a San Francisco startup, has developed a platform that lets small businesses quickly open accounts online. That's an important feature for Cross River as it courts more fintech clients. ... Read full article
Shore Community Bank, which has five branches in Ocean County, will sell for $53 million. ... Read full article
First Internet is poised to acquire an SBA lending team to help it meet an ambitious loan target for the year — a target the CEO plans on doubling in coming years. ... Read full article
State and local officials have pushed back against retailers that don’t take cash, and now some are pressuring electric vehicle firms to expand payment options at charging stations. ... Read full article
Columbia plans to incorporate certain aspects of Stewardship Financial's charitable giving into its own foundation. ... Read full article
The New Jersey bank is entering a business dominated by larger players. In doing so, it could create a blueprint for other small banks. ... Read full article
The New Jersey company agreed to buy BoeFly, which connects franchisors, small businesses, lenders and loan brokers. ... Read full article
Urfer co-founded a business with the banking automation pioneer John Diebold, worked for Chase Manhattan and other major banks, and played an important role in the Nixon administration, phasing out exchange controls. ... Read full article
First Bank is removing a competitor by agreeing to acquire Grand Bank for $19 million. ... Read full article
Valley Bank spent millions on bank acquisitions under its previous CEO. Its new leader has taken a markedly different approach. ... Read full article
The New Jersey company said the issue, tied to insufficient validation procedures, did not lead to misstated financial results. ... Read full article
California and others have passed consumer privacy laws, and lawmakers in Congress are beginning to address the issue. ... Read full article
"You can't meet customers at the headquarters," CEO Kevin Cummings tells his senior executives. ... Read full article
The New Jersey bank said it will save millions of dollars by eliminating the jobs as well as selling and leasing back some of its real estate. ... Read full article
Bank of Princeton will also buy $190 million in deposits as part of the deal. ... Read full article
Provident's investment adviser unit will have nearly $3 billion in assets under management after it buys Tirschwell & Loewy. ... Read full article
George Scharpf had been the New Jersey bank's leader since 1981. ... Read full article
The $25.5 billion-asset company has also restructured its securities portfolio as part of a broader effort to reduce costs and improve profits. ... Read full article
The New Jersey company terminated an acquisition after being hit with the order in 2016. ... Read full article