On January 5, 2016, Cape Bancorp, Inc. (“Cape”), Cape May Court House, New Jersey and OceanFirst Financial Corp. (“OceanFirst”), Toms River, New Jersey, announced that they have agreed to merge pursuant to which OceanFirst will acquire Cape for approximately $208.1 million in OceanFirst stock and cash.
Read More...Messrs. Krudys and Hutton presented “Current Issues Facing Financial Institutions” at the PACB 2015 Annual Convention in Colorado Springs, Colorado.
Read More...On August 25, 2015, Northfield Bancorp, Inc., Woodbridge, New Jersey, and its wholly-owned subsidiary, Northfield Bank, entered into an agreement to acquire Hopewell Valley Community Bank (“Hopewell Valley”), Pennington, New Jersey, for approximately $54.9 million.
Read More...On July 28, 2015, ESSA Bancorp, Inc. (“ESSA Bancorp”), Stroudsburg, Pennsylvania, entered into an agreement to acquire Eagle National Bancorp, Inc. (“EN Bancorp”), Upper Darby, Pennsylvania, for approximately $25.3 million.
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