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In 1995, the company was acquired by UJB Financial Corporation, who had been doing business as United Jersey Bank. The combined bank continued to do business as Summit Bank after the merger. [3] In 1996, the company acquired B.M.J. Financial Corporation for $164.5 million in stock. [4] In 1997, the company acquired Collective Bancorp. [5] In ...
Stephen A. Rhoades, "Bank Mergers and Industrywide Structure, 1980–1994," Washington: Board of Governors of the Federal Reanuary 1996. (Staff study 169) Steven J. Pilloff, "Bank Merger Activity in the United States, 1994–2003," Washington: Board of Governors of the Federal Reserve System, May 2004. (Staff study 176)
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As of last June, Provident Bank had 89 branches statewide and $9.8 billion in deposits, making it the eighth-biggest bank in New Jersey when measured by deposits. Lakeland had 68 branches and $8.4 ...
Under his leadership, Patriot National Bank has reported at least 10 quarters of increased earnings. [3] Prior to joining Patriot, Neilson served as president and CEO of Hudson United Bancorp, Inc. and Hudson United Bank from 1989–2006, and was named chairman of the board in 1996. He joined the company in 1983 and served as First Senior Vice ...
SoftBank's Z Holdings Corp is in talks to merge with messaging app operator Line Corp, two sources said on Wednesday, the investment company's latest bet on a struggling tech firm. A deal could ...
Established in 1935, Summit Credit Union is a member-owned financial cooperative. Summit holds $7.5 billion in assets and has more than 266,700 members and 932 employees across 58 locations throughout Wisconsin. Since 2002, Kim Sponem has been CEO & President of Summit Credit Union, formerly known as CUNA Credit Union/Great Wisconsin Credit Union.
Deutsche Bank is expected to announce by Friday at the latest an update on its merger talks with Commerzbank, which are now in their sixth week, people familiar with the matter said on Tuesday.