American Banker

FEBRUARY 2, 2024

Dogwood State Bank and Community First Bancorp plan an all-stock deal to create a $2.2 billion bank, technology firm Fiserv announces a partnership with the National Hockey League's New Jersey Devils, former Texas secretary of state will join Cullen/Frost's board and more in our weekly banking news roundup.

Community 36

Community New Jersey Texas National 36

American Banker

AUGUST 9, 2016

New Jersey Community Bank in Freehold has exited a pair of regulatory orders. The $102 million-asset bank also said in a press release Tuesday that two siblings have resigned from its board.

New Jersey 28

New Jersey Community Community Bank FDIC 28

PYMNTS

APRIL 8, 2020

“The expectation that this $2 trillion package would go through Congress and that the money would be flowing three days later, that was never a realistic expectation,” said Patrick Ryan, the chief executive of First Bank, a New Jersey lender. Further, community banks are nearly out of cash.

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Meeting New Jersey New York Community Bank 217

Independent Banker

JUNE 30, 2022

A new approach to loan protocols is just one way for community banks to grow in new and different directions. Amid changing economic conditions and rising rates, it’s a good time for community banks to re-evaluate their loan strategy with an eye on adaptability. By Cheryl Winokur Munk.

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Lending Strategy Community Bank Community 103

American Banker

DECEMBER 19, 2019

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

New Jersey 45

New Jersey Operations Company Community Bank 45

Independent Banker

OCTOBER 31, 2021

How Americans bank has been changing for years, including how they start their banking relationships. Offering the ability to open an account online can be one way to reach customers who are unable to join your community bank in person. In 2019, the two merged brands again under IncredibleBank.

Idaho 134

Idaho Community Bank Community New Jersey 134

Independent Banker

NOVEMBER 30, 2021

Community banks use dozens or even hundreds of vendors—making it critical that they have an efficient way to stay compliant, track performance and more. Some banks are using a combination of software and internal personnel and systems to do just that. billion-asset 1st Security Bank of Washington in Mountlake Terrace, Wash.,

Management 91

Management Community Bank Community New Jersey 91

American Banker

JULY 7, 2023

The acquisition of Malvern Bancorp, expected to close this month, would hasten First Bank's efforts to further fortify its footprint stretching from Philadelphia to New York City.

New Jersey 74

New Jersey New York City Philadelphia New York 74

American Banker

MARCH 13, 2024

Peapack-Gladstone's wealth unit is pursuing an ambitious de novo expansion in New York and perhaps elsewhere because M&A has become expensive as private equity money has inflated seller expectations.

New Jersey 36

New Jersey New York Community Bank Community 36

Independent Banker

FEBRUARY 28, 2022

These community bankers share how they collect positive reviews, and how to respond to negative ones. Community banks need to pay attention to what’s being said about them in those spaces. Northpointe Bank, based in Grand Rapids, Mich., In addition, banks with their own apps should check Google Play and App Store reviews.

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How To Community Bank Community Google 127

American Banker

DECEMBER 21, 2023

Provident Financial in Iselin initially anticipated completing its deal for Oak Ridge-based Lakeland Bancorp in the second quarter. Now as it waits for regulatory approval, Provident says the process will stretch into spring 2024.

New Jersey 36

New Jersey Community Bank Community Compliance 36

Payments Source

NOVEMBER 1, 2016

A community bank in New Jersey has raised millions in funding from Silicon Valley's star fintech venture capitalists.

New Jersey 60

New Jersey Community Bank Community Fintech 60

Jeff For Banks

JANUARY 27, 2011

I was at a strategic planning retreat a few weeks back where a colleague lauded the concept of bankers getting back to plain vanilla community banking. But if you read or watch interviews of CEOs of community FIs from 2008 forward, you will be bombarded with the message that they didn''t engage in the things that led to the collapse.

Community Bank 73

Community Bank Community Apple National 73

American Banker

DECEMBER 29, 2020

Chris Maher recently unloaded loans hurt by the coronavirus shock, convinced he was freeing the New Jersey company of baggage that could impede a large M&A deal. This assertive move makes him one of our community bankers to watch in 2021.

New Jersey 69

New Jersey Community Company Community Bank 69

American Banker

NOVEMBER 1, 2016

Disintermediation is so five years ago, according to Cross River Bank in New Jersey. It just raised $28 million from Silicon Valley. Now, it wants to enhance its compliance system so it can partner with "riskier" fintech startups and, effectively, enable the industry's so-called disruptors.

Community Bank 28

Community Bank New Jersey Community Compliance 28

American Banker

SEPTEMBER 28, 2022

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New Jersey 69

New Jersey Community Bank Community 69

American Banker

FEBRUARY 26, 2024

The Fort Lee, New Jersey, company has hired a pair of veteran investment bankers to helm an effort serving fintechs' capital market needs "doubling down" on its commitment to the sector.

New Jersey 36

New Jersey Fintech Capital Marketing 36

American Banker

JULY 14, 2020

Unity Bancorp must improve its policies and procedures, and increase staff training, for following Bank Secrecy Act and anti-money laundering laws.

New Jersey 43

New Jersey Compliance Training Policies 43

PYMNTS

JULY 20, 2016

Separately, Ocean Shore Holding is being bought by OceanFirst Financial in a bank deal that is not all that large, at $146 million, but does lend some consolidation in the New Jersey community bank space and a 32 percent premium to tangible book value.

New Jersey 100

New Jersey Community Bank Lending Community 100

Jeff For Banks

NOVEMBER 9, 2018

March 2017 - Failed the OCC's community lending test causing "significant harm to customers." As part of my comments, I presented the following table of New Jersey Deposit Market Share. Wells maintained its market share from June 2017 to June 2018 in both New Jersey and nationwide. Nationwide network?

New Jersey 60

New Jersey Compliance Community Meeting 60

American Banker

APRIL 6, 2016

Bancorp of New Jersey in Fort Lee has hired a former state regulator as its new chief executive.

New Jersey 28

New Jersey Regulation NJ Community Bank 28

American Banker

JULY 26, 2022

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New Jersey 56

New Jersey Community Bank Community 56

Independent Banker

NOVEMBER 24, 2015

With wire fraud on the rise, community banks have to step up precautions to protect themselves and their customers. They have the money and, in theory, they are vulnerable,” adds Terri Sands, director of payments and fraud prevention for State Bank & Trust in Atlanta, a $3.3 billion-asset community bank.

Community Bank 70

Community Bank Fraud Atlanta Community 70

American Banker

JULY 14, 2023

The New Jersey institution has hired Jeanne Scungio, a veteran banker who ran First Republic Bank's New York operations, to oversee its expansion into the Big Apple.

New York City 36

New York City New York New Jersey Apple 36

American Banker

JULY 12, 2021

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New Jersey 37

New Jersey Community Bank Community 37

Independent Banker

FEBRUARY 24, 2016

As in past years, community bankers will continue to contend with a dynamic, highly competitive lending environment in 2016. Mark Vis, a real estate and commercial loan officer with First State Bank Southwest, a $250 million-asset community bank in Worthington, Minn., Look for more community banks to do the same in 2016.

Trends 79

Trends Community Bank Lending Community 79

American Banker

SEPTEMBER 22, 2020

Partnering with the account-opening software firm Mantl, the New Jersey bank created a CD campaign that helped fund its Paycheck Protection Program lending.

New Jersey 72

New Jersey Lending Software Community Bank 72

American Banker

OCTOBER 28, 2022

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New Jersey 36

New Jersey Community Bank Community 36

American Banker

DECEMBER 9, 2022

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New Jersey 41

New Jersey Security Community Bank Community 41

American Banker

DECEMBER 14, 2022

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New Jersey 41

New Jersey Community Bank Community Strategy 41

American Banker

FEBRUARY 10, 2020

David Hanrahan had been CEO of Capital Bank of New Jersey, which was sold last year to OceanFirst Financial.

New Jersey 53

New Jersey Capital Community Bank Community 53

Jeff For Banks

MARCH 31, 2018

So worries New Jersey Banker's Association CEO John McWeeney since state-owned bank advocate Phil Murphy was elected governor. The state's municipal deposits approximate $20 billion , $13 billion of which are in community banks. I got news for you John. Bye-bye municipal deposits. trillion this week.

FDIC 60

FDIC New Jersey Pennsylvania Community Bank 60

American Banker

FEBRUARY 24, 2021

The founder of Commerce Bank in New Jersey and Metro Bank in the United Kingdom has served as Republic First's chairman since 2016.

Philadelphia 57

Philadelphia New Jersey Metro Community Bank 57

American Banker

NOVEMBER 29, 2016

Anthony Labozzetta, CEO of Sussex Bancorp in New Jersey, isn't afraid of change. His unusual approach to banking helped Sussex emerge from the financial crisis with momentum. Now he's building a branch model that could serve as a blueprint for growth-minded banks.

New Jersey 28

New Jersey Community NJ Community Bank 28

American Banker

OCTOBER 30, 2020

The New Jersey company reported a quarterly loss after becoming one of the first lenders to liquidate loans harmed by the coronavirus pandemic.

New Jersey 54

New Jersey Report Company Community Bank 54

Jeff For Banks

MARCH 18, 2017

I think correspondent bankers are finding their way and morphing into services that banks need. Their original purpose, as I understand it, was to use up operating, liquidity, and credit capacity in larger financial institutions to benefit nearby community banks. Call the correspondent bank. Need access to cash?

Kansas 79

Kansas Community Bank Community New Jersey 79

American Banker

DECEMBER 18, 2019

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

New Jersey 48

New Jersey Groups Company Community Bank 48