new jersey

Investors Bancorp in N.J. forms equipment finance group

02/07/18

Investors, a former serial acquirer that has been sidelined by an informal order tied to Bank Secrecy Act compliance, has hired an executive from EverBank.

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There's always another job for a turnaround specialist

01/31/18

Thomas O’Brien made a series of aggressive cuts at Sun Bancorp in New jersey before orchestrating its sale to OceanFirst.

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C&I, multifamily drive 4Q loan growth at Investors Bancorp

01/25/18

Despite the increase in loan demand, the New Jersey company swung to a loss in the quarter as it devalued its deferred tax asset.

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Weak fee income, higher costs reduce Valley National's 4Q profit

01/25/18

The new tax law also resulted in more than $22 million of charges at the New Jersey-based bank.

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N.J., Michigan lawmakers introduce bills to create state-owned banks

01/24/18

Both proposals aim to establish institutions that would be modeled after Bank of North Dakota, the nation's only public bank.

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Data security takes center stage as state legislatures convene

01/11/18

If Congress doesn’t take the lead on better protecting consumers from data breaches, states are more than ready to offer their own fixes. Bankers will also be keeping close tabs on bills related to marijuana, PACE loans and elder financial abuse.

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Midland States in Ill. revamps equipment finance unit

01/09/18

The company tapped a new president for the business, which it will also rebrand, after hiring a team from Scottrade Bank in Missouri.

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N.J.'s nominee for banking commissioner supports public bank

12/21/17

Though Marlene Caride has no direct experience in the banking industry, she could play a key role in carrying out Governor-elect Phil Murphy’s pledge to create a public bank in the Garden State.

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Investors Bancorp in N.J. to cut roughly 100 jobs, close six branches

12/07/17

The company has been working to address an informal agreement with regulators tied to Bank Secrecy Act compliance.

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N.J. mutual plans to raise millions with partial conversion

12/07/17

Columbia Financial will sell about 43% of its stock in a public offering that could raise up to $493 million.

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